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Google must let UK publishers opt out of AI search under new rules
Reuters74d agoneutral
Google must let UK publishers opt out of AI search under new rules

Britain has imposed new conduct requirements on Google's search services, including allowing publishers to stop their content being used to power the U.S. ‌tech giant's AI features, as the watchdog ramps up its oversight. The country's Competition ‌and Markets Authority has flagged concerns about Google's dominance in search, designating the company with the "strategic market status" that ​allows it to set targeted rules to increase trust and transparency. Google accounts for more than 90% of UK queries and the regulator said in January it wanted to give publishers more control over how their content was used.

UK regulator enforces new competition requirements on Google search
Reuters74d agoneutral
UK regulator enforces new competition requirements on Google search

Britain's competition regulator said on Wednesday it has imposed new conduct requirements on Google's ‌search services, including allowing publishers to opt out of ‌training the U.S. tech giant's AI models, as the watchdog ramps up ​its oversight. The Competition and Markets Authority has flagged concerns about Google's dominance in search services. Google accounts for more than 90% of UK queries, and the regulator had been consulting on ‌the matter to ensure ⁠effective competition.

SpaceX Seeks $135 a Share for $75 Billion IPO, Reuters Says
Bloomberg74d agoneutral
SpaceX Seeks $135 a Share for $75 Billion IPO, Reuters Says

(Bloomberg) -- SpaceX aims to sell 555.6 million shares ​at $135 apiece for its record-breaking $75 ​billion ⁠initial public ​offering, Reuters reported, citing an unidentified person familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtCanada Dips Into Technical Recession for First Time Since 2020SpaceX Staffers Prep for Multimillion-Dollar Windfalls by Pushing for VIP TermsAndr

Will SpaceX IPO make Elon Musk a trillionaire?
AFP74d agoneutral
Will SpaceX IPO make Elon Musk a trillionaire?

He is already the richest man in the world, but when SpaceX finally makes its hotly anticipated stock market debut, Elon Musk could become the planet's first trillionaire.Robinson said Musk could take on an "aura of God" for some people should he become the world's first trillionaire -- but might develop a bit of a god complex himself as a result.

Bloomberg74d agoneutral
Broadcom Backing Lowers Debt Costs on $36 Billion Anthropic Deal

(Bloomberg) -- Broadcom Inc.’s promise to backstop the largest portion of a record-setting microchip financing deal for Anthropic is keeping yields for the deal in check, according to people familiar with the matter. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Trump to Get Audit Immunity as $1.8 Billion Fund in DoubtAndrew Left Found Guilty in Case That Spooked Short SellersAlphabet to Raise

Trump signs executive order scaling back AI review requirements
Yahoo Finance Video75d agoneutralVIDEO
Trump signs executive order scaling back AI review requirements

Yahoo Finance Tech Editor Dan Howley comes on Market Domination to break down the day’s leading and trending tech stories, including President Trump's executive order to scale back review requirements for AI model developers when they submit them to the federal government for assessment.

5-star analyst resets Google stock price target on key move
TheStreet75d agoneutral
5-star analyst resets Google stock price target on key move

Two years ago, Wall Street was asking whether AI would destroy Google Search. The question drove real anxiety among Alphabet investors and pushed some analysts to cut targets. The data Piper Sandler just published suggests that question may have been the wrong one entirely. The right question, it ...

Alphabet's Equity Pivot is Boost to Hyperscaler Credit
Bloomberg75d agoneutralVIDEO
Alphabet's Equity Pivot is Boost to Hyperscaler Credit

Google parent Alphabet Inc. is raising $80 billion through a package of equity offerings, including an investment deal with Berkshire Hathaway Inc., to help fund ambitious and growing artificial intelligence spending plans. Ted Mortonson, Managing Director: Technology at Baird, discusses this offering, the historic AI infrastructure buildout, and the companies powering the current tech cycle.

Bloomberg75d agoneutral
Trump Signs Order on AI Security, Stops Short of Mandatory Tests

(Bloomberg) -- President Donald Trump signed a long-awaited executive order directing US agencies to work with artificial intelligence companies to protect networks from AI-enabled cyber attacks. Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableCanada Dips Into Technical Recession for First Time Since 2020Alphabet to Raise $80 Billion in Equity for AI SpendingAndrew Left Found Guilty in Case That Spooked Short SellersUS Says Deals With Iran for Safe Hormuz

AI demand, earnings optimism lift tech giants' market value in May
Reuters75d agoneutral
AI demand, earnings optimism lift tech giants' market value in May

The world's most valuable technology companies with the exception of Alphabet added billions ‌of dollars in market value in May, ‌as upbeat earnings outlooks and strong demand for AI chips fuelled ​a rally in their shares. Apple, memory chipmakers Micron Technology, Samsung Electronics and SK Hynix led the gains, adding $598 billion, $512 billion, $481 billion and $377 billion, respectively, in market value. Their ‌valuations rose to $4.58 ⁠trillion, $1.09 trillion, $1.10 trillion and $1.34 trillion, respectively.

Is Zoom Stock A Buy After The Anthropic IPO Hype?
Trefis75d agobullish
Is Zoom Stock A Buy After The Anthropic IPO Hype?

Zoom (ZM) is actively shedding its reputation as a single-use utility. Following a robust Q1 FY27 earnings beat and a speculative surge tied to Anthropic's IPO plans, shares have rallied to $112. As the stock trades at a notable premium, investors must determine if Zoom's AI-driven enterprise pivot truly justifies this momentum.

How Google’s $80 Billion Equity Plan Compares to the Biggest Ever
The Wall Street Journal75d agoneutral
How Google’s $80 Billion Equity Plan Compares to the Biggest Ever

The gargantuan funding requirements of developing artificial intelligence has already set records for the funding rounds in private markets. Now the list of largest-ever equity issues on the stock market is set to be rewritten too. The largest component of Alphabet’s proposed $80 billion equity issue—$40 billion, to be sold into the market—will be roughly on par with the size of Saudi oil giant Aramco’s 2019 initial public offering, adjusted for inflation.

Google Stock Dips on $80 Billion Equity Raise Plan
The Wall Street Journal75d agoneutral
Google Stock Dips on $80 Billion Equity Raise Plan

Shares in Alphabet are down premarket after the Google parent unveiled a giant equity issue plan that underscored the epic bill for the AI buildout. The stock is down 2.5% premarket, enough to wipe more than $100 billion off the company’s market value.