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Swiss probe Google dropping search choice on Android phones
AFP74d agobearish
Swiss probe Google dropping search choice on Android phones

The Swiss competition authority announced Tuesday it had opened a preliminary investigation into Google's removal of the "choice screen" feature on Android devices in Switzerland."Recently, Google removed this feature in Switzerland," the Secretariat of the Competition Commission (COMCO) said in a statement.

Berkshire Hathaway (BRK.B) Stock May Be A Bargain After AI Portfolio Shift
Simply Wall St.74d agoneutral
Berkshire Hathaway (BRK.B) Stock May Be A Bargain After AI Portfolio Shift

Berkshire Hathaway stock has delivered an 82.2% return over the past 5 years, yet the latest intrinsic value checks and earnings multiples both still point to the shares trading at a discount to what the business may be worth. That mix of solid long term returns and a perceived valuation gap is drawing fresh attention as Greg Abel reshapes the portfolio toward large technology and AI holdings. Over 5 years, Berkshire Hathaway has returned 82.2%, which is the kind of compounding that often...

Bloomberg74d agoneutral
Goldman Blows Past Stock-Trading Records With $7.42 Billion Boon

(Bloomberg) -- Goldman Sachs Group Inc. trounced its own Wall Street stock-trading records, posting $7.42 billion for a quarter that saw indexes rip higher and ongoing market volatility around artificial intelligence and war in the Middle East.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Le

Google probed by Swiss regulator over Android default search feature
Reuters74d agobearish
Google probed by Swiss regulator over Android default search feature

Switzerland's Competition Commission (COMCO) has launched a preliminary investigation into Google's removal of a ‌feature that allows mobile phone users to opt out ‌of using its search engine as default, the authority said on Tuesday. The "Choice ​Screen" feature allows users to choose their default search engines during the initial set up of their new Android device. COMCO said Google had removed this feature in Switzerland, even though ‌it remained available in ⁠other countries in Europe.

Bloomberg74d agoneutral
SoftBank’s Masayoshi Son Sees Fusion Power as Key to AI’s Future

(Bloomberg) -- SoftBank Group Corp. founder Masayoshi Son said that in the not-so-distant future, nuclear fusion technology will offer the most realistic solution for powering AI data centers’ ballooning needs. Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With AppleHormuz Route

Alphabet (GOOGL) Is Turning Its TPU Chips Into An AI Compute Business
Simply Wall St.74d agoneutral
Alphabet (GOOGL) Is Turning Its TPU Chips Into An AI Compute Business

Alphabet is moving to commercialize its custom AI chips, known as Tensor Processing Units, by selling TPU capacity to external cloud providers. The company is also preparing a neocloud offering that rents TPU computing power directly to customers. This TPU push positions Alphabet to compete more directly with Nvidia in supplying AI hardware. Alphabet, traded as NasdaqGS:GOOGL, is trying to turn its in house AI hardware into a business line that serves other companies, not just Google...

Google holds steady as Claude, Gemini surge in June user growth
Proactive75d agobullish
Google holds steady as Claude, Gemini surge in June user growth

Google maintained steady user and traffic growth in June while rivals Claude and Gemini extended sharp gains, according to a new note from Bank of America. BofA reiterated its Buy rating on Alphabet Inc (NASDAQ:GOOG), pointing to comments from Google executives describing an "expansionary...