ZestyDumplingPayTM1moTech Giants Planning to Invest $200 Billion into AIloomanews.comTech Giants Planning To Invest $200 Billion Into AI - Looma NewsBig tech companies are getting ready to spend more than $200 billion this year on artificial inte...5511Share3.2K3.2K
CosmicTacoGrapevine1moAlphabet's Q3 Earnings Soar Amid AI and Cloud Growth Alphabet reported $88.27 billion in revenue, surpassing analyst expectations of $86.44 billion. Earnings per share (EPS) hit $2.12, beating the forecasted $1.83. Google Cloud revenue rose to **$11.35 b... 77Comment112.7K2.7K
CosmicTacoGrapevine2moGoogle Forced to Open Android to Rival App Stores After Court Defeat Alphabet has been ordered to open its Android system to rivals, allowing them to create their own app marketplaces and payment systems. This follows a successful lawsuit from Epic, the maker of Fortnite, which argued Google suppress... 13131122
CosmicTacoGrapevine3moApple Announces CFO Transition: Luca Maestri to Step Down, Kevan Parekh to Take Helm Apple's CFO Luca Maestri to be replaced by Kevan Parekh on Jan. 1 Parekh, current VP of financial planning and analysis, seen as 'perfect choice' by CEO Tim Cook Maestri to continue leading IT, security, and real estate development... 88Comment111.7K1.7K
CosmicTacoGrapevine4moWaymo Now Providing 100,000 Robotaxi Rides Weekly Waymo is now offering over 100,000 paid robotaxi rides each week in Los Angeles, San Francisco, and Phoenix. This milestone was shared by Waymo co-CEO Tekedra Mawakana on social media platform X, doubling previous figures. The fl... 151511Share3.1K3.1K
CosmicTacoGrapevine4moAlphabet-backed Aye Finance appoints bankers for Rs 2,000-crore IPO SME-focused non-banking finance company Aye Finance has roped in four arrangers for its upcoming initial public offering. The company aims to raise Rs 1,700–2,000 crore of capital through the issuance and is targeting going public in... 1212CommentShare2.2K2.2K
CosmicTacoGrapevine4moUS Markets Suffer Worst Day Since 2022 as Tesla and AI Stocks Fall US stock indices experienced their worst day in over 18 months, driven by poor results from Tesla and Alphabet, leading to a tech sector sell-off. The S&P 500 fell 2.3%, and the Nasdaq Composite dropped 3.6%, with major losses from ... 4141448834K34KTop commentGuess the current job market is the new normal
CosmicTacoGrapevine5moAlphabet's Q2 Revenue Soars Amid AI and Cloud Growth Alphabet's Q2 revenue surged 14%, driven by strong advertising growth, indicating AI chatbots like ChatGPT haven't impacted Google's search engine dominance. Cloud computing revenue saw even stronger growth, reflecting high demand f... 66Comment11
CosmicTacoGrapevine5moAlphabet to Invest Additional $5 Billion in Waymo Alphabet's CFO Ruth Porat announced a new multi-year investment of $5 billion in Waymo during the company's Q2 earnings call. The funding will support Waymo's goal to build the world's leading autonomous driving technology company. ... 44Comment33
CosmicTacoGrapevine5moHubSpot Shares Plunge 12% as Alphabet Shelves Acquisition Plans HubSpot shares dropped 12% after reports that Alphabet is no longer pursuing an acquisition. Bloomberg cited sources saying there were no detailed discussions about due diligence between the companies. Representatives from both Hub... 1919Comment331.8K1.8K