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Google is “very likely” to be barred from paying billions to Apple to ensure its search engine is enabled by default on iPhones after its stunning loss to the Justice Department in a landmark antitrust trial, according to analysts at Jefferies.
Alphabet's Google said on Thursday it will move the team behind the Gemini app to its artificial intelligence research lab DeepMind as the search giant looks to streamline its structure and better position itself in the generative AI race.
Google is replacing Prabhakar Raghavan, the company's search and ads boss since 2018, with longtime Google executive Nick Fox. Raghavan will be moving into the role of Google chief technologist.
Prabhakar Raghavan, the most senior Google executive overseeing its search engine and ads products, is leaving the role after a four-year tenure leading the company's core money-making business.
Google says in a statement about its motion that opening up its Play Store to third-party app stores "harms safety and privacy" and "puts users at risk."
For the next month, Bay Area riders of Waymo robotaxis can earn a $3 credit whenever they travel to and from certain public transit stations.
RBC Capital Markets downgraded solar energy company Enphase Energy (ENPH) to a Sector Perform rating as Big Tech inks more deals with nuclear energy developers to power their AI data centers. Most notably, Alphabet's Google (GOOG, GOOGL) signed an agreement with Kairos Power.
24/7 Wall St. Insights With Nvidia Corp. (NASDAQ: NVDA) stock looking like it might have plateaued, investors may have been wondering what's next.
Semiconductor stocks and ETFs have been fluctuating lately. While there is increasing demand for AI hardware, occasional concerns about a potential demand slowdown are also emerging.
Alphabet's stock is a strong bargain in a market full of expensive stocks.