City Mountain View, state California Financial News
02.11 / 16:19
business
Government
interview
‘DeFi will replace institutions entirely,’ says BitGo CEO Mike Belshe
The global decentralized finance (DeFi) market size was valued at $11.78 billion in 2021. This number is expected to increase as DeFi advances, yet it is still in its infancy. Therefore, a number of banks and traditional financial institutions still tend to be unaware of DeFi’s potential.
01.04 / 05:39
UPS
Waves
CEO
NVIDIA
information
mountaineering
Lightmatter releases new photonics technology for AI chips
Lightmatter, a startup valued at $4.4 billion, on Monday released two pieces of technology aimed at speeding up the connections between artificial intelligence chips. Instead of moving information between computer chips as electrical signals, Lightmatter's technology uses optical connections and what are known as silicon photonics to move the information using light. Mountain View, California-based Lightmatter has raised $850 million in venture funding to date as such optical technologies have kicked off a wave of investments in Silicon Valley amid a search for better ways to string together chips to power chatbots, image generators and other AI applications.
25.11 / 13:27
markets
Google
Fighting
Justice
Department
Courts
rights
Judge to hear arguments on whether Google's advertising tech constitutes a monopoly
The Justice Department and Google are set to make closing arguments in a trial alleging Google’s online advertising technology constitutes an illegal monopoly
30.10 / 07:21
UPS
Google
Apple
wellness
Justice
performer
Department
Google's moneymaking machine still pumping out massive profits despite multiple threats
Google is still thriving while the company navigates through a pivotal shift to artificial intelligence and battles regulators trying to topple its internet empire
14.10 / 21:03
Software
Research
show
information
reports
International
mountaineering
Documents show OpenAI's long journey from nonprofit to $157B valued company
Back in 2016, the artificial intelligence maker OpenAI had just incorporated as a nonprofit and applied to the Internal Revenue Service for tax-exempt status
08.10 / 10:35
03.10 / 17:52
Google
Photos
voice
information
Features
Traffic
Videos
Google's search engine's latest AI injection will answer voiced questions about video and photos
Google is pumping more artificial intelligence into its search engine
09.09 / 08:17
UPS
Google
Justice
social
Department
Courts
Google faces new antitrust trial after ruling declaring search engine a monopoly
One month after a judge declared Google’s search engine an illegal monopoly, the tech giant faces another antitrust lawsuit that threatens to break up the company
23.08 / 04:45
markets
Provident
Intuit
Trade
recommendations
Features
mountaineering
Intuit forecasts annual revenue above estimates on AI-driven financial tools
Intuit forecast fiscal 2025 revenue above Wall Street estimates on Thursday, banking on growing demand for its AI-driven financial management tools amid recent price increases. Intuit, known for products like TurboTax, Credit Karma, and QuickBooks, has benefited from growing demand for its AI-powered offerings, which provide personalized financial recommendations and automation of specific tasks such as bookkeeping. Shares of the Mountain View, California-based company initially gained more than 2% in extended trading, but later reversed course as investors digested a forecast for first-quarter revenue growth that came in below market expectations.
21.08 / 04:41
Google
Action
Browser
track
information
Courts
US appeals court revives Google privacy class action
lawsuit by Google Chrome users who said the company collected their personal information without permission, after they chose not to synchronize their browsers with their Google accounts. The 9th US Circuit Court of Appeals in San Francisco said the lower court judge who dismissed the proposed class action should have assessed whether reasonable Chrome users consented to letting Google collect their data when they browsed online. Tuesday's 3-0 decision followed Google's agreement last year to destroy billions of records to settle a lawsuit claiming the Alphabet unit tracked people who thought they were browsing privately, including in Chrome's «Incognito» mode.
14.08 / 15:22
24.07 / 08:09
Google
CEO
Browser
show
reports
Features
Traffic
Google's corporate parent still prospering amid shift injecting more AI technology in search
Google’s corporate parent Alphabet Inc. delivered another quarter of steady growth amid an AI-driven shift in the ubiquitous search engine that is the foundation of its internet empire
24.07 / 07:29
markets
Google
CEO
security
reports
Profiles
mountaineering
Cyber
Cyber security startup Wiz reportedly rejects $23 billion acquisition proposal from Google
Wiz, a cloud security firm based in New York, has rejected a proposed $23 billion acquisition deal offered by Google parent Alphabet, according to a Wiz memo seen by CNBC
12.07 / 12:51
CEO
Software
Intuit
Trade
mountaineering
Tax prep company Intuit to lay off 1,800 as part of AI-focused reorganization plan
Tax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce
26.06 / 20:13
Google
Software
innovations
reports
Features
Videos
mountaineering
Made by Google event announced: Pixel 9 series, Pixel Watch 3, and Pixel Buds Pro 2 expected
Google's headquarters in Mountain View, California, deviating from its usual New York venue. The event will commence at 10 AM PT (10:30 PM IST).
26.06 / 16:07
UPS
CEO
Election
community
trends
President
Meta Ceo
information
Where tech, politics & giving meet: CEO Nicole Taylor considers Silicon Valley's busy intersection
Nicole Taylor has an insider’s view of philanthropic trends from her seat as the president and CEO of the Silicon Valley Community Foundation
17.06 / 11:39
Google
CEO
voice
Podcasts
Videos
Interviews
mountaineering
Google CEO testifies at trial of collapsed startup Ozy Media and founder Carlos Watson
Google CEO Sundar Pichai has testified briefly at the federal financial conspiracy trial surrounding the collapse of once-touted startup Ozy Media
07.06 / 23:49
Google
Experts
Justice
Department
Courts
rights
mountaineering
Render
Judge rather than jury will render verdict in upcoming antitrust trial
A judge rather than a jury will decide whether Google violated federal antitrust laws by building a monopoly on the technology that powers online advertising
04.06 / 16:49
markets
UPS
Digital
Apple
Software
President
GM promotes 2 former Apple executives to key roles in developing software and digital services
General Motors has promoted two former Apple executives to run its software and services operations as it ramps up efforts to develop and market electric, autonomous and connected vehicles
27.05 / 01:01
UPS
Google
Mobile
social
inclusion
innovations
Schools
Bengaluru's Incluzza helps Google bring accessible gaming closer home
Project Gameface, an open source, hands-free, on-device, AI-powered ‘mouse’ developed by Google, was designed through feedback from Incluzza, a social enterprise in Bengaluru that supports people with disabilities. Gameface allows users to control a cursor on a phone, computer or tablet with head movements and facial expressions via a webcam. Users can for example raise their eyebrows to click and drag or open their mouth to move the cursor. “We collaborated with Incluzza to learn how Project Gameface can be expanded to educational, work, and other settings, like being able to type messages to family or searching for new jobs,” said Avneet Singh, product manager, Google Partner Innovation, at an international press briefing and demo on May 14 on the sidelines of Google I/O in Mountain View, California.
20.05 / 04:52
Google
Merit
wellness
Justice
Department
Courts
rights
NOT
Google wants judge, not jury, to decide upcoming antitrust case in Virginia
Google is asking that a federal judge, rather than a jury, decide whether it violated U.S. antitrust laws by building a monopoly on the technology that powers online advertising
19.05 / 18:09
UPS
FIVE
Platform
Videos
mountaineering
Mint Primer: Beam me up, Scotty... into the boardroom
Google’s long-term experiment to create a science fiction-like 3D, holographic ultra-realistic display is now a real product. After many failures, is Silicon Valley’s quest to build screens that look like teleportation portals finally nearing promise? In development for at least five years, it is a video conferencing system on steroids. It uses a 3D light-field display to create a holographic, 3D image of people appearing on the screen.
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