Tag #Big Tech

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cincodias.elpais.com

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Sep 12, 10:19

Oracle's Market Value Surges on AI-Driven Cloud Growth

Oracle's market value increased by over $200 billion in one day due to tripled backlog reaching $455 billion, driven by surging demand for cloud infrastructure from companies like OpenAI and Meta, despite concerns about massive capital expenditure and future profitability.

Oracle's Market Value Surges on AI-Driven Cloud Growth

Oracle's market value increased by over $200 billion in one day due to tripled backlog reaching $455 billion, driven by surging demand for cloud infrastructure from companies like OpenAI and Meta, despite concerns about massive capital expenditure and future profitability.

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What is the primary driver behind Oracle's dramatic market value increase, and what are its immediate implications?

The surge in Oracle's market value is primarily due to a tripling of its backlog to $455 billion, fueled by soaring demand for its cloud infrastructure from AI companies like OpenAI and Meta. This immediately translates to a massive increase in market capitalization, nearing a trillion dollars, though it hinges on future success in meeting this demand.

taz.de

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Sep 3, 22:19

US and EU Courts Halt Big Tech Crackdown

A US court rejected the government's attempt to break up Google, while the EU reportedly paused its antitrust case against the company, signaling a shift in Big Tech regulation.

US and EU Courts Halt Big Tech Crackdown

A US court rejected the government's attempt to break up Google, while the EU reportedly paused its antitrust case against the company, signaling a shift in Big Tech regulation.

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What immediate impact does the US court's decision against breaking up Google have?

The US court's decision allows Google to maintain control of Chrome and Android, preventing immediate structural changes to the tech landscape. This outcome signals a potential weakening of antitrust efforts against large tech companies.

theglobeandmail.com

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Sep 2, 13:19

Canada Urged to Prioritize Digital Sovereignty, Scrap Controversial Bill

Almost 70 Canadian public figures and expert groups urged Prime Minister Justin Trudeau to strengthen Canada's digital sovereignty by repealing Bill C-2, which they argue undermines Canadians' privacy, and to create a digital sovereignty framework.

Canada Urged to Prioritize Digital Sovereignty, Scrap Controversial Bill

Almost 70 Canadian public figures and expert groups urged Prime Minister Justin Trudeau to strengthen Canada's digital sovereignty by repealing Bill C-2, which they argue undermines Canadians' privacy, and to create a digital sovereignty framework.

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What are the key concerns raised by the coalition regarding Canada's digital sovereignty?

The coalition expresses concern over the influence of foreign tech giants on Canadian daily life and the lack of government action to address this. They highlight Canada's heavy reliance on US digital infrastructure, leading to data loss and surveillance vulnerabilities. Bill C-2 is criticized for increasing warrantless digital searches, threatening privacy.

forbes.com

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Aug 25, 16:13

Apple's AI Lag Weighs on Stock Performance

Apple's stock underperforms Big Tech rivals due to perceived AI shortcomings, despite strong iPhone sales and thriving services; a major acquisition could be necessary to catch up.

Apple's AI Lag Weighs on Stock Performance

Apple's stock underperforms Big Tech rivals due to perceived AI shortcomings, despite strong iPhone sales and thriving services; a major acquisition could be necessary to catch up.

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How do Apple's and Google's AI strategies differ, and what are the consequences of these differing approaches?

Apple's underwhelming AI offerings, including the Apple Intelligence suite and a delayed Siri upgrade, contribute to investor concerns. Competitors like Google are making substantial investments in AI, exceeding Apple's capital expenditure by a significant margin. This contrast in investment strategies reflects differing business approaches: Google uses AI broadly across its services, while Apple focuses on on-device AI for hardware enhancement.

abcnews.go.com

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Aug 19, 10:20

Maryland's Digital Ad Tax Deemed Unconstitutional

A federal appeals court declared Maryland's first-in-the-nation digital advertising tax unconstitutional, deeming its restriction on companies informing customers about the tax a free speech violation; the tax aimed to raise $250 million annually for education.

Maryland's Digital Ad Tax Deemed Unconstitutional

A federal appeals court declared Maryland's first-in-the-nation digital advertising tax unconstitutional, deeming its restriction on companies informing customers about the tax a free speech violation; the tax aimed to raise $250 million annually for education.

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What is the core constitutional issue raised by the Maryland digital advertising tax and how does it affect the immediate financial outlook for Maryland's K-12 education funding?

A federal appeals court ruled Maryland's digital advertising tax unconstitutional, citing a violation of free speech. The tax, projected to raise $250 million annually for education, prohibited companies from informing customers about the tax's impact on pricing. This decision impacts other states considering similar taxes.

nbcnews.com

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Aug 15, 04:14

Inflation Report Shakes Wall Street

On Thursday, Wall Street saw mixed results due to a disappointing inflation report showing a 3.3% increase in wholesale prices, exceeding economist expectations; while the S&P 500 reached a record high, most stocks fell, and the Dow and Nasdaq dipped slightly.

Inflation Report Shakes Wall Street

On Thursday, Wall Street saw mixed results due to a disappointing inflation report showing a 3.3% increase in wholesale prices, exceeding economist expectations; while the S&P 500 reached a record high, most stocks fell, and the Dow and Nasdaq dipped slightly.

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What is the immediate impact of the unexpected inflation report on Wall Street and Federal Reserve expectations?

Wall Street experienced mixed results Thursday, with most stocks declining following a worse-than-expected inflation report showing a 3.3% jump in wholesale prices. However, gains in Big Tech, particularly Amazon's 2.9% rise, offset losses, pushing the S&P 500 to a new all-time high despite 70% of its stocks falling. The Dow and Nasdaq saw minimal changes.

lefigaro.fr

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Sep 5, 10:19

Tech CEOs Praise Trump at White House Dinner

On September 4th, tech CEOs including Mark Zuckerberg, Sam Altman, Bill Gates, Tim Cook, and Sundar Pichai praised President Trump at a White House dinner, highlighting their investments in US infrastructure and innovation, while Elon Musk sent a representative.

Tech CEOs Praise Trump at White House Dinner

On September 4th, tech CEOs including Mark Zuckerberg, Sam Altman, Bill Gates, Tim Cook, and Sundar Pichai praised President Trump at a White House dinner, highlighting their investments in US infrastructure and innovation, while Elon Musk sent a representative.

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What specific actions and statements by tech CEOs at the White House dinner demonstrated support for President Trump?

Tech CEOs lauded Trump's support for businesses and innovation, citing their substantial investments in US data centers and infrastructure. Zuckerberg mentioned these investments as crucial for future innovation, while Cook thanked Trump for aiding American businesses globally. Altman specifically praised Trump's support for businesses and innovation as a positive change.

theglobeandmail.com

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Sep 3, 01:18

US Judge Blocks Google Breakup, Orders Data Sharing

A US judge rejected the Department of Justice's request to force Google to sell its Chrome browser and Android operating system, but ordered Google to share data with rivals, impacting online search competition and advertising.

US Judge Blocks Google Breakup, Orders Data Sharing

A US judge rejected the Department of Justice's request to force Google to sell its Chrome browser and Android operating system, but ordered Google to share data with rivals, impacting online search competition and advertising.

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What is the immediate impact of the judge's ruling on Google and its competitors?

The ruling forces Google to share data with competitors, potentially boosting rivals' search capabilities. However, Google avoids the far more impactful divestiture of Chrome and Android, which would have significantly altered its business structure. Alphabet's stock price surged 7.8% in after-hours trading.

lexpress.fr

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Aug 30, 10:14

Trump Threatens EU with Tariffs Over Digital Regulations

Donald Trump threatened the EU with additional tariffs if it continues to discriminate against American tech companies, targeting the DSA and DMA, while the EU recently fined Apple and Meta for DMA violations, setting the stage for a significant showdown over digital regulation.

Trump Threatens EU with Tariffs Over Digital Regulations

Donald Trump threatened the EU with additional tariffs if it continues to discriminate against American tech companies, targeting the DSA and DMA, while the EU recently fined Apple and Meta for DMA violations, setting the stage for a significant showdown over digital regulation.

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What is the main conflict between the EU and the US regarding digital regulations?

The EU recently implemented the Digital Services Act (DSA) and Digital Markets Act (DMA) to regulate tech companies, prompting threats from Donald Trump to impose further tariffs on EU countries if they discriminate against American tech firms. This conflict highlights a clash over the regulation of large tech companies.

forbes.com

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Aug 20, 16:18

Home Depot's Price Adjustments Amid Tariff Pressures

Home Depot, facing consumer and government pressure to avoid price hikes due to tariffs, reported "some modest price movement," impacting earnings and suggesting wider retail sector challenges.

Home Depot's Price Adjustments Amid Tariff Pressures

Home Depot, facing consumer and government pressure to avoid price hikes due to tariffs, reported "some modest price movement," impacting earnings and suggesting wider retail sector challenges.

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How do rising borrowing costs and consumer uncertainty contribute to the challenges faced by home improvement retailers in light of increased import taxes?

The retail sector's struggle with higher import taxes is evident in Home Depot's subdued performance and price adjustments. This follows consumer pressure and government intervention, indicating a complex interplay between economic policy, consumer behavior, and corporate profitability.

theglobeandmail.com

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Aug 15, 04:14

U.S. Criticizes Canada's Online News Act, Raising Concerns Over Press Freedom

The U.S. State Department criticized Canada's Online News Act in a human rights report, alleging press freedom restrictions despite Google's $100 million fund for news publishers and Meta's previous news removal. Prime Minister Carney indicated potential repeal, highlighting ongoing U.S.-Canada tens...

U.S. Criticizes Canada's Online News Act, Raising Concerns Over Press Freedom

The U.S. State Department criticized Canada's Online News Act in a human rights report, alleging press freedom restrictions despite Google's $100 million fund for news publishers and Meta's previous news removal. Prime Minister Carney indicated potential repeal, highlighting ongoing U.S.-Canada tens...

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How do the Canadian Online News Act and the Online Streaming Act contribute to the broader debate surrounding the regulation of tech companies' impact on media?

The U.S. critique connects to broader tensions between large tech companies and governments regulating online content. The criticism focuses on the Online News Act and the Online Streaming Act, both of which aim to redistribute revenue to Canadian news publishers and content creators, respectively. Tech companies oppose these measures, viewing them as threats to their profits.

nrc.nl

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Aug 11, 07:17

Freedom's Paradox: Weaponizing Liberty to Justify Oppression

Political discourse increasingly misuses the concept of freedom to justify oppression, as seen in the U.S. and Europe, where freedom of speech and religion is weaponized against minorities and dissenting viewpoints, undermining democratic values and necessitating a deeper understanding of freedom be...

Freedom's Paradox: Weaponizing Liberty to Justify Oppression

Political discourse increasingly misuses the concept of freedom to justify oppression, as seen in the U.S. and Europe, where freedom of speech and religion is weaponized against minorities and dissenting viewpoints, undermining democratic values and necessitating a deeper understanding of freedom be...

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How is the concept of freedom being manipulated in contemporary politics to justify oppression and undermine democratic values?

The misuse of the concept of freedom in politics is creating a paradoxical situation where it is used to justify oppression. American politicians, for example, invoke freedom of speech to defend parties like Alternative für Deutschland, which aim to curtail freedoms. This perversion of freedom's meaning undermines its very foundation.

Showing 1 to 12 of 164 results