Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.
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Tag: Alphabet
Google Lays Off Hundreds Including Engineer Teams
Google has laid off hundreds of employees working on its hardware, engineering and voice-assistant teams due to cost-cutting measures.
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Google faces multibillion-dollar US patent trial over AI technology
Google is set to go before a federal jury in Boston on Tuesday over accusations that its processors infringe a computer scientist’s patents.
Read More Google faces multibillion-dollar US patent trial over AI technology
Generative AI’s wild 2023
ChatGPT was well on its way to becoming a household name even before 2023 kicked off.
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Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally
U.S. stocks closed lower on Wednesday after an abrupt mid-afternoon nosedive ended Wall Street’s impressive rally.
Read More Wall Street tumbles to sharply lower close as abrupt sell-off snaps rally
Google to pay $700 mln to US consumers, states in Play store settlement
Google will pay $700 million and revamp its Play app store to allow for greater competition as part of an antitrust settlement with U.S. states and consumers.
Read More Google to pay $700 mln to US consumers, states in Play store settlement