High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
On Wednesday, ride-hailing giant Uber EV maker Lucid and self-driving technology start-up Nuro announced plans to launch robo-taxis in Houston in 2027. Uber operates the network, Lucid builds the cars, and Nuro provides the autonomous driving technology. The move is yet another example that the long-promised era of driverless cars has arrived.
<body><p>STORY: Britain’s competition watchdog has ordered Google to give greater transparency on how its search rankings work.</p><p>It’s part of new rules aimed at securing a "fairer deal" for businesses.</p><p>And addresses concerns over the U.S. tech giant's dominance in the sector.</p><p>The regulator said Google must also rank organic search results using objective criteria and introduce clearer complaint processes. </p><p>Google said it will work with the watchdog, adding that its ranking systems are fair and transparent.</p><p>These new measures follow UK watchdog requirements announced earlier this month, </p><p>which enable publishers to stop their content being used to power Google's AI features.</p><p>Google in March said it was developing new search controls to address British competition concerns.</p><p>The regulator said Google has six months to implement the fair ranking requirement - and warns of further measures if necessary. </p><p>This adds to the increasing regulatory scrutiny the tech giant is facing around the world, including in the U.S. and EU.</p></body>
We just covered Billionaire Dan Loeb Pivots to AI and Sells Old Economy Stocks: His Top 7 AI Picks. Hut 8 (NASDAQ:HUT) ranks #4 (see Billionaire Dan Loeb’s Top 5 AI Stock Picks). Billionaire Dan Loeb’s Stake: 869,563 Shares Valued at Approximately $40.79 Million (NEW position) Hut 8 (NASDAQ:HUT) is transitioning from Bitcoin mining into […]
We just covered Billionaire Dan Loeb Pivots to AI and Sells Old Economy Stocks: His Top 7 AI Picks. Alphabet (NASDAQ:GOOGL) ranks #3 (see Billionaire Dan Loeb’s Top 5 AI Stock Picks). Billionaire Dan Loeb’s Stake: 175,000 Shares Valued at Approximately $50.32 Million (NEW position) Billionaire Dan Loeb piled into Alphabet (NASDAQ:GOOGL) in the first […]
Broadcom stock is down this month after issuing so-so guidance. J.P. Morgan says the market continues to underestimate the semiconductor and software company.
Google has started rolling out Android 17 to Pixel devices.
Regulators examine pricing disclosures for advertisers
The design-software maker has been battered by fears of artificial intelligence disruption and a broad sector downturn. As he sees it, the company is just beginning to break into a market where peers like Canva and Adobe have already established a foothold.
Pixel devices receive the first update wave, while additional AI tools launch later this year.
By Susanna Twidale LONDON, June 17 (Reuters) - A coalition backed by Big Tech companies for carbon removal technology, said on Wednesday it would inject an additional $915 million into the sector, and
The U.S. company should provide advance notice of any significant changes to its search services, U.K. officials said, giving it six months to act under the country’s digital markets competition rules.
Amazon and Alphabet are both leaders in the AI race, but one of them looks more compelling.
(Bloomberg) -- Apple Inc. investors are losing patience with the company’s talk about becoming a more formidable presence in artificial intelligence and want to start seeing some results.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace Deal“Ther
Uber and Lucid are expanding their robotaxi venture, naming Houston as the second planned market for the autonomous ride-hailing service the two companies are building with self-driving startup Nuro.
Adoption of artificial intelligence has reached a "tipping point" in Britain, as companies move from experimentation to large-scale deployment and start seeing returns, a Google Cloud executive said on Wednesday. Businesses and government bodies that were testing AI tools a year ago are now using them to run more complex processes and improve productivity, Maureen Costello, Google Cloud's vice president for the United Kingdom, Ireland and Sub-Saharan Africa, told Reuters in an interview.
This will be the second market to have an Uber robotaxi service outfitted with Lucid EVs equipped with a self-driving system from Nuro.
The Competition and Markets Authority has also made a currently voluntary data sharing tool a legal requirement for the firm.
GRAM dropped between 2% after India ordered Google and Apple to delist Telegram from their app stores, cutting off access for an estimated 104 to 150 million users, and Pavel Durov is not happy. It’s cutting Telegram’s single largest national user base. Executed under Section 69A of India’s Information Technology ...
JPMorgan Chase (JPM), Alphabet's (GOOG, GOOGL) Google and more than two dozen other companies have b
Britain's competition watchdog set out two conduct requirements for Google's search services under its regulatory regime to secure "a fairer deal" for businesses and improve Google search services in the country. The first requires Google to improve transparency and fairness in how search results are ranked, while the second requires Google to allow users to move their search data to authorised third parties, the Competition and Markets Authority said in a statement on Wednesday.
Coming into Wednesday trading, shares were up almost 50% from their $135 IPO price, valuing the company north of $2.6 trillion.
(Bloomberg) -- SpaceX shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com Inc. by market value.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealShares
As the largest cloud companies design more of their own AI chips, two semiconductor specialists are capturing a fast-growing slice of that spending.
(Bloomberg) -- A startup backed by former Google Chief Executive Officer Eric Schmidt unveiled an industrial robot powered by artificial intelligence, as investors pile into the emerging field of humanoids. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealModi Warns of ‘Shortage of Trust’ Ahead o
Buying AI coding agent Cursor in a $60 billion deal and renting out data-center capacity gives the company a launchpad to land more enterprise customers.
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