Alphabet shares rose more than 3% in early trading as the Google parent’s earnings underscored a key message to investors: AI spending is climbing, but so are the returns.
Read More Alphabet jumps as AI-driven spending fuels cloud revenue surge
Tag: Alphabet
Microsoft server hack has now hit 400 victims, researchers say
A sweeping cyber-espionage campaign organization centered on vulnerable versions of Microsoft’s server software has now claimed about 400 victims.
Read More Microsoft server hack has now hit 400 victims, researchers say
Microsoft knew of SharePoint server exploit but failed to effectively patch it
A security patch released by Microsoft last month failed to fully fix a critical flaw in U.S. tech giant’s SharePoint server software that had been identified in May.
Read More Microsoft knew of SharePoint server exploit but failed to effectively patch it
Google inks $3 billion US hydropower deal in largest clean energy agreement of its kind
Google has agreed to secure as much as 3 gigawatts of U.S. hydropower in the world’s largest corporate clean power pact for hydroelectricity.
Read More Google inks $3 billion US hydropower deal in largest clean energy agreement of its kind
Nvidia set to become world’s most valuable company in history
Nvidia hit a market value of $3.92 trillion, on track to become the most valuable company in history, as Wall Street doubled down on optimism about AI.
Read More Nvidia set to become world’s most valuable company in history
Microsoft to cut about 4% of jobs amid hefty AI bets
The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers.
Read More Microsoft to cut about 4% of jobs amid hefty AI bets