For five years, reactor one at Three Mile Island nuclear power station in Pennsylvania has lain dormant. Now, thanks to a deal with Microsoft, the reactor will start running again in 2028—this time to exclusively supply the tech firm with oodles of low-carbon electricity. It’s all part of an ongoing flirtation between Big Tech and … Read more
Is Tesla a car company or a tech company? It’s a question not even analysts on Wall Street can agree on. CEO Elon Musk seems to split the difference between the two, and it’s hard to argue the cars his companies build aren’t more tech-forward (for better or worse) than most other cars currently for … Read more
The unassuming house on Santa Margarita Avenue in Menlo Park, California, had been empty for only a couple of years when I visited in 2008, but the ghosts were still there. This was where Larry Page and Sergey Brin started Google a decade previous. Here was the garage once packed with newly delivered servers and … Read more
The S&P 500 and Nasdaq ended at multi-week lows on Wednesday, with the S&P snapping one of its longest streaks without a daily decline of more than 2%, as lackluster Alphabet and Tesla earnings undermined investor confidence in megacap names. As the first of the Magnificent Seven stocks reported quarterly numbers, investors had been awaiting … Read more
Nvidia’s stock price has more than doubled this year after more than tripling in 2023 and it’s now the third most valuable company in the S&P 500. Nvidia’s stock rose again Wednesday to surpass $3 trillion in market value. The company is also about to undergo a stock split that will give each of its … Read more
NEW YORK, – U.S. stocks closed higher on Friday, buoyed by a rally in megacap growth stocks following robust quarterly results from technology heavyweights Alphabet and Microsoft in addition to moderate inflation data. Investors cheered Alphabet’s first-ever dividend, its $70 billion stock buyback program, and better-than-expected first-quarter results. Its shares jumped 10% and reached a … Read more
New York: Investors are becoming more optimistic about Alphabet’s artificial intelligence strategy, after a run of glitches and misfires that sent its shares tumbling. The stock is heading back toward what would be a record $2 trillion market value – a milestone surpassed only by Microsoft, Apple and Nvidia in the United States. It has … Read more
Paid autonomous vehicle service is coming to Los Angeles, thanks to a decision by California regulators today to allow Alphabet subsidiary Waymo to operate in the city. Under the new ruling, Waymo is also permitted to launch service in a large section of the San Francisco Peninsula. The decision by the California Public Utilities Commission … Read more
Alphabetâs Gemini AI model has been public for only two months, but the company is already releasing an upgrade. Gemini Pro 1.5, launching with limited availability today, is more powerful than its predecessor and can handle huge amounts of text, video, or audio input at a time. Demis Hassabis, CEO of Google DeepMind, which developed … Read more
Pennies were pinched in Mountain View last year. For much of its existence as a public company, Google had made a headline-grabbing acquisition at least once a year as it used the profits from its surging ads business to bet on new frontiers. Billions of dollars went to scooping up Motorola, Nest, HTC, and Fitbit … Read more
