The expansion of the loophole for tariff-free shipments of goods nearly a decade ago gave rise to Temu, Shein and other low-cost online retailers offering items straight from Chinese factories at unfathomable discounts. It also unleashed something else — a cascade of billions of dollars of digital advertising that provided a windfall for Meta, Alphabet…
When Google lost its landmark antitrust trial in August, Kent Walker, its top lawyer, reminded employees, for the third time, that they were not allowed to discuss the case with one another or anyone outside the company. On Friday afternoon, Google rescinded the command as part of a settlement with the Alphabet Workers Union, a…
Over the last 12 months, Google’s efforts to use artificial intelligence to accelerate drug design have achieved breakthroughs in mimicking human biology and won its top scientists the Nobel Prize in Chemistry. Now Isomorphic Labs, the division within the software giant meant to develop and commercialize the technology, is taking another big step: raising money…
Google has agreed to buy Wiz, a fast-growing cybersecurity start-up, for $32 billion in the company’s biggest push to strengthen its cloud-computing business and expand beyond the search engine and consumer internet services that made it a household name. The all-cash deal, announced on Tuesday, would be Google’s largest, easily surpassing its $12.5 billion purchase…
Wall Street went into panic mode about two weeks ago after the Chinese start-up DeepSeek released an artificial intelligence system that appeared to be radically more efficient than what its American competitors had built. The investors who had pumped trillions of dollars into tech stocks over the last few years worried whether the tens of…
Google tried for years to diversify its work force, saying it would hire and promote more women and people from racial minorities. On Wednesday, the company abandoned employee diversity targets, saying that as a federal contractor, it needed to comply with President Trump’s executive orders opposing diversity, equity and inclusion policies. In 2020, Google announced…
In 2020, Uber was at a crossroads: The company had made an expensive bet on robot taxis, but the project was laden with legal problems and burning through cash. So Uber gave it away to another start-up. But five years later, Uber’s future seems as tied to autonomous vehicles as ever. The company is now…
Alphabet, Google’s parent company, reported sales that narrowly fell short of Wall Street’s expectations, weighed down by disappointing growth in the company’s cloud-computing division, which sells the company’s artificial intelligence tools to other businesses. The Silicon Valley giant reported revenue of $95.5 billion in its most recent quarter, an increase of 12 percent from a…