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The Latest Breaking News from Alphabet

Google AI chatbot Bard sends shares plummeting after it gives wrong answer

Chatbot Bard incorrectly said James Webb Space Telescope was first to take pictures of planet outside Earth’s solar system

The Guardian - UK

Alphabet shares dive by $144b after Google AI chatbot Bard makes error in ad

The massive stock market dive comes as longtime rival Microsoft launches a campaign to dominate the search engine space.

ABC News

Big banks all pass on rate hikes to homeowners, as AGL has its worst day in 15 years ⁠— as it happened

The ASX 200 followed Wall Street down on Thursday, and companies posted a mixed bag of results, including Megaport and AGL. Find out how the day unfolded.

ABC News

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Google shares tank after ChatGPT rival Bard’s mistake

It looks like Google’s new chatbot to challenge ChatGPT and OpenAI still needs a lot of work.

Fortune

Meta, Alphabet target middle managers with tech jobs cuts

SAN FRANCISCO: As Meta Platforms Inc, Alphabet Inc and other Silicon Valley behemoths look to lighten payrolls after years of feverish hiring, a clear target has emerged: the middle manager.

The Times of India

A clear target emerges in tech layoffs: Middle managers

As Meta Platforms Inc., Alphabet Inc. and other Silicon Valley behemoths look to lighten payrolls after years of feverish hiring, a clear target has emerged: the middle manager.

Tribune News Service

'Every Googler' to test ChatGPT competitor: CEO Pichai

OpenAI's A.I. program is disrupting internet search as both Google and Baidu announced ChatGPT competitors on Monday.

Fortune

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Biden expected to assail Silicon Valley Big Tech in State of the Union address

President Joe Biden will reportedly attack Big Tech in his State of the Union address Tuesday in a bid to unite lawmakers in Washington concerned about the industry’s unprecedented influence and impact on all facets of American life.

Tribune News Service

Google releases ChatGPT rival AI ‘Bard’ to early testers

Alphabet Inc.’s Google is getting its ChatGPT competitor ready for prime time.

Tribune News Service

Big Tech is making big AI promises in earnings calls as ChatGPT disrupts the industry

Companies like Google and Meta say to expect AI rollouts "very soon," but startups like OpenAI still pose a huge threat.

Fortune

ChatGPT: Use of AI chatbot in Congress and court rooms raises ethical questions

User-friendly AI tool ChatGPT has attracted hundreds of millions of users since its launch in November and is set to disrupt industries around the world. In recent days, AI content generated by the bot has been used in US Congress, Columbian courts and a speech by Israel’s president. Is widespread…

France 24

Tech giants are pivoting to a 'Year of Efficiency'

The year ahead will be all about refocusing on priorities for tech giants.

Fortune

Google poised to release chatbot technology after ChatGPT success

Alphabet CEO says company well positioned in AI field, as analysts say ChatGPT has reached 100m users

The Guardian - UK

Tech earnings reveal a powerful industry taking some licks

A new generation of tech workers and investors is seeing its first slowdown.

Axios

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The Times of India

Apple, Alphabet and Amazon hurt as economic slump crimps demand

Apple Inc, Amazon.com Inc and Alphabet Inc, technology bellwethers with a combined market value approaching $5 trillion, posted results Thursday that show an economic slowdown is throttling demand for electronics, e-commerce, cloud computing and digital advertising — mainstays of the global tech economy.

Asharq Al-Awsat

Google, Apple Disappoint as Tech Earnings Hit by Gloom

Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech. The tech titans posted earnings as shares in Meta skyrocketed a day after it reported better…

Evening Standard

FTSE 100 Live: Tech giants under pressure after earnings updates

The improved stock market mood is under strain today after earnings updates by tech giants Apple, Google owner Alphabet and Amazon.

The Guardian - AU

Afternoon Update: national cabinet falls short on primary care, AMA says; US police kill again; and a Chinese spy balloon

Strengthening Medicare report welcomed but experts criticise lack of detail on making GPs more affordable for Australians

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Tribune News Service

Google shares slip after sales miss as advertising demand slows

Google parent Alphabet Inc. reported fourth-quarter results that narrowly missed analysts’ expectations, signaling lower demand for its search advertising during a slowing economy.

Los Angeles Times

Brian Merchant: How Big Tech is using mass layoffs to bring workers to heel

In Silicon Valley, the new year began as the last one ended — with tens of thousands of tech workers losing their jobs. Just a few days into 2023, Amazon Chief Executive Andrew Jassy announced that there would be 18,000 layoffs across the company. Within weeks, Microsoft revealed it was…

Fortune

A Google worker on maternity leave says she found out she’d been laid off while she was up feeding her newborn at 4:30 a.m.

Google parent company Alphabet recently announced it would be laying off around 12,000 people.

The Guardian - UK

Why has Alphabet hit the panic button? Only Google can answer that question

The economic downturn, US lawsuits and the fear of rising tech rivals could be reasons for the firm’s 'code red” alert, but it still has an AI ace up its sleeve

Fortune

'There was no humanity': The cruelty of tech layoffs leaves employees emotionally devastated

In an industry that thrives on cold efficiency, a little humanity can go a long way.

Tribune News Service

Editorial: We’re feeling lucky: Google antitrust lawsuit can set precedent for tech monopolies

It’s not every day that the federal government and states as varied as Tennessee and New York find themselves on the same side of a legal dispute, but these were joined by New Jersey, Virginia, Colorado, California, Rhode Island and Connecticut yesterday in filing suit against Google parent company Alphabet…

Fortune

The government is ganging up on Google. Why it might finally win this time

Federal and state officials from both sides of the aisle are taking aim at the Alphabet unit’s power over the ad market.

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