Google Financial News

There was news recently that Luiz Amaral, CEO of Science Based Targets Initiative (SBTi), has announced he will resign soon. This followed a staff revolt at the organization after it said it would let the companies it oversees use ‘carbon credits’ to offset pollution caused by their operations or supply chains. Initiatives like tree planting generate carbon credits, which, if bought, would allow companies to use these without cleaning up their act.

Google said it has taken a stake in Taiwan's New Green Power and could buy up to 300 megawatts of renewable energy from the BlackRock fund-owned firm to help cut its carbon emissions and those of suppliers. Companies are being pushed to cut greenhouse gas emissions linked to their operations and value chains by investors and Big Tech firms have been among the most ambitious in their targets.

The artificial intelligence (AI) hype that made Nvidia the world’s biggest company has come with a price for the world’s climate. Data centres housing its powerful chips are gorging power and belching carbon dioxide, and sobering figures now reveal the extent of the problem. Data centres will use 8% of US power by 2030, for example, compared with 3% in 2022, according to a recent report from Goldman Sachs Group, as their energy demand grows by 160%.

Microsoft's partnership with OpenAI could face an EU antitrust investigation as regulators singled out their exclusivity clauses while Google's artificial intelligence deal with Samsung also triggered scrutiny. EU antitrust regulators will seek additional third-party views, EU competition chief Margrethe Vestager said on Friday.

The European Union is escalating its scrutiny of the artificial intelligence industry, including taking a fresh look into Microsoft’s multibillion-dollar partnership with OpenAI

ISRO Chief S. Somanath recently announced that Bhuvan offers users data that is ten times more detailed than what Google provides.

Also drop by: Uber’s global headquarters, a massive swathe of glass and steel, on Third Street, San Francisco. At Menlo Park, Mark Zuckerberg’s Meta Platforms has established nothing short of a city sprawled across a claimed 1 million square feet of office space. The most impressive, however, is Meta’s latest building—which the company claims houses “the world’s largest open-plan office space." From the outside, an iconic visitor attraction of Silicon Valley is the erstwhile Facebook’s signature address billboard—a big ‘like’ button placed on a blue background that will remind you of the Facebook platform of yore.

Google detailed five new features that are now available for Chrome users on Android and iOS devices. These updates introduce additional Chrome Actions for local searches, offering users more interactive options when looking up businesses. When searching for local establishments, such as restaurants, users will now see three new actionable buttons: Call, Directions, and Reviews.

SoftBank Group Corp.’s Vision Fund 2 is investing in US artificial intelligence startup Perplexity AI at a $3 billion valuation, Masayoshi Son’s latest bet on a sector he deems crucial to securing his legacy. SoftBank will invest between $10 million and $20 million in the firm, which aims to use AI to compete with Alphabet Inc.’s Google search, according to people familiar with the matter. It’s investing as part of a larger $250 million funding round that triples Perplexity’s valuation and makes it one of the industry’s most highly valued companies.

Amazon has joined the exclusive $2 trillion club after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold

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).

The troubled artificial intelligence company behind image-generator Stable Diffusion is looking for a reshoot with a new CEO and a surge of investment from a group that includes former top executives at Facebook and Google

DES PERES, Mo.—Susan Plank had been using an unremarkable highway exit next to a busy mall in this St. Louis suburb for about 4-1/2 years when her daughter finally spotted what avid fans say makes it special: a jar of pickles sitting atop a concrete barrier. Why in the world are there pickles in the median of the highway and who put them there? they wondered.

Nikesh Arora, CEO and Chairman of Palo Alto Networks, is the only Indian-American to make it to the list of the top 10 highest-paid CEOs in the United States. According to a report from data analytics firm C-Suite Comp, Arora is ranked 10th on the list of highest-earning CEOs. The report featured two lists based on different metrics: «total compensation granted» in 2023 and «compensation actually paid.» Sundar Pichai of Google and Satya Nadella of Microsoft, despite their prominent positions and successful years, did not appear on either list. Nikesh Arora’s Earnings in 2023

Sundar Pichai and Microsoft’s Satya Nadella – did not make it to the list.On Monday, C-Suite Comp released two lists of the highest-paid CEOs based on two metrics: “total compensation granted" in 2023 and “compensation actually paid."Nikesh Arora, 56, was ranked number four on the list of “Highest earning CEOs in the US by total compensation granted in 2023" with earnings of $151.4 million and was on the 10th spot in the list of “Highest earning CEOs in the US by compensation actually paid in 2023" with an annual compensation of $266.4 million.Tesla CEO Elon Musk topped the list with a staggering earnings of $1.4 billion in 2023. 1- Tesla’s Elon Musk - $1.4 billion2- Palantir Technologies’ Alexander Karp - $1.1 billion3- Broadcom’s Hock Tan - $767.7 million4- Coinbase Global’s Brian Armstrong - $680.9 million5- Oracle’s Safra Catz - $304.1 million6- Airbnb’s Brian Chesky - $303.5 million7- TPG’s Jon Winkelried - $295.1 million8- Trade Desk’s Jeff Green - $291.7 million9- Applovin’s Adam Foroughi - $271.3 million10- Palo Alto Networks’ Nikesh Arora – $266.4 millionArora’s stellar career includes stints at Google and SoftBank Group.

MotoTag leverages Google's Find My Device network alongside Ultra Wideband (UWB) technology, offering highly accurate tracking capabilities. Users can pinpoint the location of their tagged items from virtually any place in the world via the Find My Device app.

US Navy submarine, dubbed the "Manta Ray," was recently spotted by Google Maps users at the Port Hueneme naval base in California. The sighting went viral online, sparking widespread curiosity. Shortly after the image leaked, the submarine disappeared and was replaced by boats. This development has drawn significant attention due to its advanced technology and strategic implications.

character-driven chatbots mark a departure from existing models, with the focus on engaging, conversational interactions rather than just providing information. The development process has been underway for some time, and Google is exploring the potential to model these bots after well-known figures or allow users to create unique personas based on their own imagination.The report further suggests that Google might collaborate with social media influencers to develop chatbots that reflect their personalities.

Investors including ex-Facebook President Sean Parker are committing $80 million to take over Stability AI, an image-generation startup that took off with the artificial-intelligence boom but quickly ran into business problems. The investment group, which includes former Google Chief Executive Officer Eric Schmidt and early backers of London-based Stability, has struck a deal with suppliers to forgive some $100 million owed by Stability, according to people with knowledge of the arrangement. The investors also negotiated for the startup to be released from $300 million in future obligations, largely meant to go to cloud computing providers.

₹19.38 crore on Facebook and Instagram, and the Congress spent at least ₹10.88 crore. Similarly, the BJP spent at least ₹85.8 crore, and the Congress at least ₹45.4 crore on Google, including YouTube. The ad repositories of Google and Meta, which are not as transparent as they should be, and only tell part of the story, show that the two companies earned 9-10 digit figures from just two major political parties between February and May 2024.

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