World
Google lost half a trillion dollars in a day for admitting its own AI is eating its advertising
Revenue grew 25% to $127.6bn. The market punished the company anyway, because of one sentence about where search advertising goes next.
Tagged “Alphabet”
World
Microsoft made $36.6bn in three months days after offering 60,000 people money to leave — and on the same afternoon Alphabet’s shares fell 9.75%
Yesterday we asked whether the buyouts were AI productivity or the cost of AI capex. The earnings do not settle it, but they say what the…
Technology
Waymo’s safety record comes from warm, dry cities. Detroit is the first one that snows
San Diego, Las Vegas and Detroit are next, with a goal of a million trips a week. The published crash reductions are large and real, and…