Google agrees to pay $1.4 billion data privacy settlement to Texas
Google's search head Liz Reid said it would need to divert 20% of its search team to carry out some of the remedies proposed by the DOJ. Reid said the move would create privacy risks.
Requiring Google to give the DOJ advance notice of its proposed AI investments and partnerships would create a "significant disincentive" for Google to invest in smaller AI companies, the AI startup said.
Google and nuclear site developer Elementl Power announced this week that they will work together on three sites for advanced nuclear reactors.
Of course, the news of search losing preference to AI chatbots like ChatGPT amongst iPhone users grabbed the top story, and the Department of Justice continues to look into antitrust measures against the company's ad tech business. However, the Alphabet Inc. NASDAQ: GOOGL subsidiary continues to spend heavily on AI infrastructure and recently entered an agreement with Elementl Power to develop three new nuclear development sites to power its surging data center energy needs.
Recently, Zacks.com users have been paying close attention to Alphabet (GOOG). This makes it worthwhile to examine what the stock has in store.
Alphabet (GOOGL) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Price comparison site operator Moltiply Group is suing Alphabet's Google for €2.97 billion in damages over what it called anti-competitive behavior.
The Justice Department and Google are wrapping up a three-week hearing that could have a major impact on the search giant and how people gather information online.
Italy's Moltiply Group said on Friday it was suing Alphabet's Google and seeking damages of 2.97 billion euros ($3.34 billion) for abuse of its dominant market position as previously recognised by the EU Court of Justice.
Google announced the rollout Thursday (May 8) of a fresh suite of artificial intelligence (AI)-powered safety features across its platforms to protect users from increasingly sophisticated scams. The company has integrated its on-device large language model (LLM), Gemini Nano, into Chrome's Enhanced Protection mode on desktop.
Shares plunged on fears of search disruption. That doesn't mean the company isn't prepared for change.