Google Financial News

Google Play willfully wields monopoly power through Alphabet Inc. unit Google’s anticompetitive conduct, jurors found Monday after deliberating for less than four hours following a nearly monthlong trial in San Francisco.

Google had violated antitrust laws to extract fees and limit competition from Epic Games and other developers on its Play mobile app store, in a case that could rewrite the rules on how thousands of businesses make money on Google's smartphone operating system, Android. After deliberating for a little more than three hours, the nine-person federal jury sided with Epic Games on all 11 questions in a monthlong trial that was the latest turn in a three-year legal battle.

CoRover.ai on Monday announced the official launch of BharatGPT, its Indian language generative AI platform, with Google Cloud as its ‘technology partner’. “BharatGPT champions the linguistic diversity of the nation, supporting over 14 Indian languages across text, voice, and video interactions. Google Cloud as CoRover’s Cloud service provider will help CoRover enhance and scale BharatGPT,” the Bengaluru-based startup said in a press release.

A federal court jury has decided that Google’s Android app store has been protected by anticompetitive barriers that have damaged smartphone consumers and software developers, dealing a blow to a major pillar of a technology empire

By Mike Scarcella and Greg Bensinger

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Microsoft Corporation has tied up with American labour unions to prepare an “open dialogue" to understand how artificial intelligence will shape the workforce in the future. The Redmond, Washington-based software giant is allying with the American Federation of Labour and Congress of Industrial Organizations.

Bard, a Generative Artificial Intelligence (AI) model, had resulted in a much more formidable competitor to the Microsoft-backed Open AI’s ChatGPT. Google’s new model is called Gemini, and it can work with video, images, and of course text, and is an attempt to re-establish Google as a world leader in AI. The model is already available in over 170 largely English-speaking countries and comes as an add-on to Bard.

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Chandrayaan-3 to hosting the G20 summit among others. Many key events and topics have booked their spot in the list of most searched topics on the search engine 'Google.' «The historic success of Chandrayaan-3 headlined news events, with the skyrocketing journey out of space sparking local and worldwide searches,» Google said in a blog post. Here are most searched news events: Top news events that made it to the list include moments that would instil a sense of pride like Chandrayaan-3 along with the thrilling Karnataka elections where Congress knocked out BJP. Some of the most dreaded events such as the deadly earthquake in Turkey that killed over 2,000 to the ongoing Israel-Hamas war that has claimed over 17,000 lives also made it to the list.

Silicon Valley tech giant Google is updating its crypto ad policy to improve its advertising standards, effective January 29, 2024.

search history for 2023 has arrived. Well, actually, the world's. On Monday, the California-based tech giant released its “Year in Search,” a roundup of 2023’s top global queries, ranging from unforgettable pop culture moments (hello, Barbenheimer ), to the loss of beloved figures and tragic news carrying worldwide repercussions.

GPT-4 language model and human experts on massive multitask language understanding (MMLU) tasks. The much-anticipated trailer of Rockstar Games' open world title - Grand Theft Auto 6 - dropped this week, albeit a little bit ahead of schedule, bringing to light many of the new upgrades that were rumored till yet. GTA 6 will release on X Box series X/S and Playstation 5 in 2025 while there is no updates on a PC launch yet.

Google Doodle commemorated the birthday of Brazilian rock singer and musician Cássia Eller on Sunday, renowned for her significant contributions to rock and música popular Brasileira (MPB). As per the description, Eller, an openly bisexual artist, is celebrated as an authentic and inspiring figure in the LGBTQ+ community. The Doodle, crafted by guest artist Amanda Lobos from Vila Velha, pays tribute to her legacy.

Alphabet’s Google said that the European Union’s threat to break up its profitable ad tech arm was “flawed” as it formally took aim at the bloc’s allegations of anticompetitive conduct.

OpenAI’s board made the shocking decision to fire Chief Executive Officer Sam Altman on the Friday before Thanksgiving, it offered little detail beyond a statement that the leader of the artificial intelligence startup was not “consistently candid" with its directors. The statement, devoid of any details, was the opening volley in a power struggle that played out almost entirely behind closed doors.

OpenAI’s board made the shocking decision to fire Chief Executive Officer Sam Altman on the Friday before Thanksgiving, it offered little detail beyond a statement that the leader of the artificial intelligence startup was not “consistently candid” with its directors. The statement, devoid of any details, was the opening volley in a power struggle that played out almost entirely behind closed doors. Privately, Altman and the board jockeyed over what to say publicly and when, according to people familiar with the situation. At one point, during the discussions about Altman’s possible return as CEO, he offered to publicly apologise for misrepresenting some board members’ views in conversations when he was lobbying for a director’s removal, the people said.

ChatGPT maker OpenAI is under US and UK antitrust scrutiny, the British regulator and a media report said on Friday, following the startup's boardroom battle that led to the sudden ouster and return of CEO Sam Altman. After the dramatic episode last month, Microsoft, a major OpenAI backer, was granted a non-voting, observer position at the company by a new three-member initial board. Microsoft's representative can attend OpenAI's board meetings and access confidential information, but cannot vote on matters including electing or choosing directors.

US Market: Wall Street climbed back to its best level in 20 months on Friday following a stronger-than-expected report on the U.S. job market. The S&P 500 rose 0.4%, enough to clinch a sixth straight winning week for the index, which is its longest such streak in four years.

GPT-4 competitor, Gemini. Google admitted that its video named "Hands-on with Gemini: Interacting with multimodal AI," was edited to expedite the outputs (which was declared in the video description), but there was no voice interaction between the human and the AI, as per a Bloomberg report.

The European Union on Friday agreed to landmark rules for artificial intelligence, in what's likely to become the first major regulation governing the emerging technology in the western world.