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Judge rejects class action for Google privacy lawsuit
A US judge has ruled that Google users cannot sue as a group over claims the company collected data without consent when Chrome wasn’t synced. The proposed class action was dismissed permanently. The court said individual consent must be assessed case-by-case, making a group claim inappropriate.
Uber partners with AI firm Wayve for autonomy trials in UK
Uber and Wayve are partnering to launch public road trials for Level 4 autonomous vehicles in the UK, marking Uber's largest autonomous vehicle pilot market. The collaboration combines Wayve's Embodied AI platform with Uber's mobility network, aiming to navigate complex UK driving environments.
Meta in talks for Scale AI investment that could top $10 billion
This would be Meta’s biggest ever external AI investment, and a rare move for the company. The social media giant has before now mostly depended on its in-house research, plus a more open development strategy, to make improvements in its AI technology. Meanwhile, Big Tech peers have invested heavily: Microsoft has put more than $13 billion into OpenAI while both Amazon.com Inc. and Alphabet Inc. have put billions into rival Anthropic.
Sundar Pichai answers who would be next Google CEO
Sundar Pichai envisions AI as a crucial 'companion' for future Google leadership, emphasising the importance of responsible technology development. Despite AI advancements, Alphabet plans to continue expanding its engineering workforce through 2026, recognizing the enduring value of human talent. While AI enhances productivity, human intervention remains essential due to the technology's limitations.
US stock market today: Dow, S&P 500, Nasdaq rise after Trump-Xi call sparks trade optimism — but investors urged to stay cautious amid jobs data, Tesla and Apple in focus
US Stock market today stayed mostly flat as Wall Street digested a phone call between President Trump and China’s Xi Jinping. Investors hoped the talk would ease US-China trade tensions, but markets were unconvinced. The Dow Jones and S&P 500 dipped 0.1%, while the Nasdaq Composite stayed near even. Meanwhile, jobless claims hit an eight-month high, raising concerns about the US labor market. Continuing claims hovered near a four-year peak, signaling a slowdown. With earnings from Lululemon and Broadcom expected, and the May jobs report ahead, investors are watching closely.
Google’s parent Alphabet to keep hiring engineers despite AI advances: Sundar Pichai
Sundar Pichai affirmed Alphabet Inc.'s commitment to expanding its engineering workforce through 2026, emphasising the enduring importance of human talent alongside increasing AI investments. Despite industry-wide layoffs driven by AI advancements, Google plans to grow its engineering base to leverage emerging opportunities. Pichai also addressed concerns about AI's impact on publishers, reiterating Google's dedication to directing traffic to websites.
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Reddit sues AI startup Anthropic for allegedly using data without permission
According to the complaint, Anthropic has resisted entering a licensing agreement even as it trained its Claude chatbot on Reddit content, despite assuring last July it had blocked its bots from accessing Reddit's platform. Reddit quoted Claude admitting it was "trained on at least some Reddit data" and did not know if that content was deleted.
US Stock market today: Dow Jones up 0.22%, S&P 500 rises 0.36%, Nasdaq surges 0.68% as Nvidia powers tech rally, Dollar General soars 12%, and OECD cuts U.S. growth forecast amid trade war tensions
US Stock market today showed mixed moves as the Nasdaq Composite jumped, led by strong gains in tech stocks like Nvidia, while the Dow Jones wavered. The OECD cut its U.S. growth outlook, warning of trade policy risks. Investors are watching rising tariff impacts, weak factory data, and ongoing U.S.-China trade tensions. Retailer Dollar General soared after raising its forecast. Global bond yields dipped, and Constellation Energy rose on a nuclear deal with Meta. With uncertainty around global growth and U.S. spending plans, markets are bracing for a bumpy ride. Here's everything you need to know in today’s full market recap.
Google to spend $500 million revamping compliance in shareholder settlement
Alphabet would also create a senior vice president-level committee to address regulatory and compliance issues, reporting to Pichai, and a compliance committee consisting of Google product team managers and internal compliance experts. Shareholders led by two Michigan pension funds accused Google executives and directors of breaching their fiduciary duties by exposing the company to antitrust liability related to its search, Ad Tech, Android and app distribution businesses.
Samsung nears wide-ranging deal with Perplexity for AI features
Samsung is close to a major deal with Perplexity AI to integrate its search technology into future devices, including the Galaxy S26. The partnership may reduce Samsung’s reliance on Google, while Perplexity gains its largest mobile collaboration yet. Talks include preloading apps and enhancing Bixby with Perplexity’s AI features.
YouTube’s victory in the TV wars depends on parents
YouTube dominates television viewership, surpassing major players like Netflix and Disney. However, its algorithm raises concerns, particularly regarding content recommendations for younger users. The platform's unmoderated environment and potential for radicalization necessitate increased safety measures to maintain user trust and prevent a shift towards more ethical alternatives.
Google Search judge zeroes in on AI power in trial resolution
A US court is deciding on remedies for Google's search monopoly. The judge is examining Google's influence in artificial intelligence. The Justice Department wants restrictions on Google's AI practices. They propose measures to boost competition in search and AI. Google opposes these remedies, citing innovation. The court is weighing long-term solutions for the market.
Google, Justice Department face off in climactic showdown in search monopoly case
Google lawyers are expected to assert only minor concessions are needed, especially as the upheaval triggered by advances in artificial intelligence already are reshaping the search landscape, as alternative, conversational search options are rolling out from AI startups that are hoping to use the Department of Justice's four-and-half-year-old case to gain the upper hand in the next technological frontier.
Elon Musk-Telegram AI pact sets the stage for more drama
Musk may not be in the best of moods. With the true impact of his Department of Government Efficiency still unclear, he left his post at the White House this week. Now he’s turning back to a business empire in flux, having leaned on AI to balance his books. The generative AI boom has pushed the value of two-year-old xAI to $80 billion, and Musk recently merged that company and X (formerly known as Twitter and worth far less) under a single entity, xAI Holdings.
Google begins direct sales of Pixel devices in India via official online Google Store
This will complement Google's existing online and offline retail footprint, a company statement said. Managing director of devices and services at Google India, Mitul Shah, said launching direct online purchasing from the India Google Store is primarily driven by the "dynamic and evolving" Indian smartphone market.
Nvidia to have final say on strong earnings season for Big Tech
Nvidia faces a crucial earnings test after a significant rally fueled by strong AI spending commitments from major customers and new demand from the Middle East. Investors are closely watching the supply of Blackwell chips, profit margins, and the impact of US export restrictions to China.
Google paid Neal Mohan $100 million to stop him from joining Twitter
Mohan was not the only executive approached by Twitter. Around the same time, Twitter also attempted to hire Sundar Pichai, who was then leading Chrome and Chrome OS at Google. The search giant reportedly countered with a $50 million stock grant to retain him. Both Mohan and Pichai have since risen to the top of their respective organisations.
Raghuram Rajan warns US risks future by curbing foreign students
Former Reserve Bank of India Governor Raghuram Rajan has warned that U.S. policies threatening the flow of international students could harm long-term economic growth and innovation. In a Bloomberg interview, he emphasized that foreign students have historically driven American success, citing figures like Google co-founder Sergey Brin.
Norway's Wealth Fund CEO demands AI adoption among employees
Nicolai Tangen, CEO of Norway's $1.8 trillion sovereign wealth fund, is mandating AI adoption among his 670 employees. He believes AI is crucial for efficiency and future career prospects within the fund. Despite initial resistance, Tangen is implementing various initiatives to encourage AI usage, aiming for significant efficiency gains in the coming years.
Charting the Global Economy: US biz under pressure to import during tariff pause
Global bond yields are surging due to concerns about government debt and waning central bank support. Trade tensions are pushing corporations to seek alternative funding, while several countries are easing monetary policy. Simultaneously, a bird flu outbreak in Brazil is disrupting global poultry supplies, and China is leveraging its dominance in critical minerals amid trade disputes.
Apple plans glasses for 2026 as part of AI push, nixes watch with camera
Apple is accelerating development of AI-powered smart glasses, targeting a 2026 release, while cancelling plans for a camera-equipped Apple Watch. The glasses will rival Meta’s Ray-Bans, featuring cameras, microphones, and Siri integration. Concerns remain over Apple’s AI capabilities, which currently lag behind competitors like Meta and Google.
Will Trump's ban on international students at Harvard affect America's soft power in Asia?
The Trump administration's policies, including barring international students and strained trade relations, risk alienating Asian nations. China is expanding its influence through trade and aid, filling the void left by US cuts. While America remains a key security partner, these actions jeopardize its standing and soft power in the region, potentially losing future allies.
U.S. stock market update - Modest gains amid fiscal concerns – Wall Street rebounds as Dow, S&P 500, and Nasdaq rise: Top gainers, losers, investor picks, and caution ahead
US Stock market today opened with a cautious rise as Dow, S&P 500, and Nasdaq futures edged up while investors closely track Trump’s new tax bill and rising debt worries. The proposed legislation, which could add trillions to the $36 trillion deficit, faces a tight House vote. Meanwhile, bitcoin hits a new record, soaring past $111,000, driven by growing institutional demand. As Moody’s credit rating downgrade adds pressure, traders are also watching key economic data, including PMI reports and jobless claims. This mix of political tension and crypto excitement is setting the tone for a volatile market session.
Robotaxis will test Tesla in a trillion ways
Tesla is set to launch its robotaxi service in Austin next month, a crucial step to maintain its high valuation after previous delays and promises. This launch, while limited in scope, aims to bolster investor confidence and avoid the fallout experienced by competitors like Cruise.
Google unleashes 'AI Mode' in the next phase of its journey to change search
The next phase outlined at Google's annual developers conference includes releasing a new "AI mode" option in the United States. The feature makes interacting with Google's search engine more like having a conversation with an expert capable of answering questions on just about any topic imaginable.
Trump's new tax remittance plan could drain billions of dollars from Indian Economy
India risks losing a key remittance lifeline as the US, under Donald Trump, tightens immigration policies and proposes a 5% tax on money transfers by non-citizens. Remittances, vital for India's economy, totalled $120 billion last year, with the US contributing $32 billion. The tax could cost Indians in the US $1.6 billion and reduce inflows by up to $18 billion.
How to be super-rich like Google’s Sundar Pichai who once earned Rs 5 crore/day? Thyrocare founder shares a lesson most of us miss
Thyrocare founder Dr. A. Velumani suggests that wealth isn't solely tied to entrepreneurship, citing Alphabet's Sundar Pichai as an example of a highly compensated CEO. Despite a drop in 2024 remuneration to $10.72 million due to the absence of a major stock package, Pichai's net worth remains substantial at $1.1 billion, solidifying his position as a leading tech figure.
Is it too late to save the US economy from a recession?
During Donald Trump's second term, top American companies faced significant losses. Apple's valuation dropped drastically, followed by similar declines for Alphabet, Meta, and Tesla. Despite donations and support, these firms lost substantial wealth. Trump's tariff policies disrupted trade, impacting importers and potentially causing shortages. Market indicators signaled economic trouble, with recession odds increasing.
AMD share buyback: Chip major Advanced Micro Devices offers $6 billion program
In Humain's deal with AMD, the agreement includes a plan to invest up to $10 billion to deploy 500 megawatts of AI hardware infrastructure over five years.
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