CMA Looking Into Alphabet’s Deal With Anthropic LeapRate

July 31, 2024 BY Elizabeth Anderson

CMA Looking Into Alphabet’s Deal With Anthropic

According to media reports, the competition watchdog wants to determine if the partnership resulted in a “relevant merger situation” and if this would cause “substantial lessening of competition”. The CMA indicated that it invited comments from interested parties before launching its investigation. According to CNBC, a spokesperson for Anthropic said that the company will cooperate…

July 02, 2024 BY Elizabeth Anderson

Google Elevates Its Energy Capacity With New Green Power Partnership

CNBC indicated that the tech giant will partner with BlackRock, Inc. (BLK), which backs New Green Power, to establish a one-gigawatt pipeline of new solar capacity in Taiwan. Based on media reports, Google will invest capital for a stake in the venture and “to facilitate the buildout of its large-scale solar pipeline”. Google did not…

December 19, 2023 BY Nick Ranga

Google to pay $700m settlement to customers for unlawful app store fees

According to Yahoo!Finance, Google is expected to pay out $70m to a state fund which includes all 50 states, Puerto Rico, the Virgin Islands and the District of Columbia. Google is also set to pay $630m into a consumer settlement fund which will then send $2 minimum to eligible customers based on their Google Play…

December 11, 2023 BY Simon Mugo

Google Anticipates Crypto ETFs Approval With New Crypto Ads

The updated policy is applicable worldwide, and Google expects advertisers to adhere to the legal requirements in their targeted areas. To advertise cryptocurrency coin trusts, entities must be certified by Google, holding the necessary licenses and fulfilling all legal obligations in their target regions. Google's current policy permits certain types of cryptocurrency advertisements but excludes…

December 01, 2023 BY Elizabeth Anderson

Google and Apple systems attacked by browser-lurking bugs

Researchers have noted that, due to Apple’s updated support for all iOS, macOS, and iPadOS versions, the bug may have been targeted at archaic Apple systems, presenting itself as CVE-2023-42916 and CVE-2023-42917. In a press release, the tech mega-giant stated: Apple is aware of a report that this issue may have been exploited against versions…

October 25, 2023 BY Elizabeth Anderson

Digital sphere holding its breath ahead of Alphabet Q3 results

It is likely that these financials will also cast a light on the reach of artificial intelligence (AI), depending on how it impacts the tech giant’s bottom line. Alphabet is releasing its Q3 results amidst two ongoing anti-trust legal cases brought against it by the US Department of Justice (DOJ), which accuses it of unfair…

September 01, 2023 BY Elizabeth Anderson

Google DeepMind co-founder calls for ethical Nvidia AI chips

Essentially, this would entail a restriction on the sale of Nvidia AI chips and only allow those with socially responsible agendas to acquire them. In a Financial Times interview, Suleyman said companies should agree to minimum global standards in line with the pledge of AI leaders to the White House. This pledge refers to the…

April 28, 2020 BY Valentina Kirilova

Daily Market News: Oil plunges, BP reports steep slide in profits

FTSE climbs, Tesco begins laying off temporary workers London-listed stocks mirrored the US with a positive start to the week yesterday, with the FTSE 100 and FTSE 250 rallying by 1.6% and 1.7% respectively. Chancellor Rishi Sunak told Parliament that small businesses will get access to 100% taxpayer-backed loans of up to £50,000 that they…

Tag: Alphabet (Google)