Google won a court fight with the European Union over a €1.5 billion (US$1.7 billion) fine for thwarting competition for online ads, partly making up for last week’s crushing defeat in a separate judgment for abusing its monopoly powers. Judges at the EU’s General Court in Luxembourg backed the Alphabet unit’s challenge to a fine … Read more
“This is a moment of growth and opportunity,” Alphabet CEO Sundar Pichai told reporters, when asked if the AI updates could risk Google’s profitable business. The product presentation at Google’s annual I/O developer event in Mountain View, California, followed a shorter showcase by rival OpenAI on Monday. OpenAI demonstrated how ChatGPT could voice answers with … Read more
FILE: A view of Anchor Brewing Co. on Aug. 3, 2017, in San Francisco. Justin Sullivan/Getty Images The Bay Area said goodbye to many businesses in 2023. But some closures, like those of long-lived neighborhood restaurants and massive department stores, came with a dose of surprise, even shock. While a new year always brings hope, … Read more
