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Google Faces Potential $3.3 Billion Antitrust Lawsuit in Italy

by Wallstreet Journal | May 9, 2025 6:04 pm | US Markets

Price comparison site operator Moltiply Group is suing Alphabet’s Google for €2.97 billion in damages over what it called anti-competitive behavior.

Panasonic Holdings to Cut 10,000 Jobs Globally

by Wallstreet Journal | May 9, 2025 2:04 pm | US Markets

The Japanese electronics maker said it would re-evaluate the numbers of organizations and personnel needed.

Humans Evolved to Like ‘Likes’

by Wallstreet Journal | May 8, 2025 8:05 pm | US Markets

The thumbs-up icon became the most used feature on social media by tapping into our deepest psychological instincts.

SMIC’s Quarterly Profit Jumps on Robust Chip Demand

by Wallstreet Journal | May 8, 2025 7:04 pm | US Markets

China’s largest chip maker reported a sharp rise in net profit, driven by Beijing’s stimulus measures and front-loading activities amid geopolitical tensions.

AI Has Upended the Search Game. Marketers Are Scrambling to Catch Up.

by Wallstreet Journal | May 8, 2025 4:06 pm | US Markets

Websites will soon serve primarily as data sources for AI platforms, not destinations for humans, Mailchimp predicts.

AI’s Threat to Google Just Got Real

by Wallstreet Journal | May 8, 2025 4:06 pm | US Markets

A drop in search traffic is a reminder that technological advancement can displace long-established tech giants.

Disney Makes It Official: The Middle East Is the New Theme-Park Hot Spot

by Wallstreet Journal | May 8, 2025 3:06 pm | US Markets

The entertainment company joins SeaWorld, Legoland and Six Flags with its planned park in Abu Dhabi.

OpenAI Hires Instacart CEO as Head of Applications

by Wallstreet Journal | May 8, 2025 1:05 pm | US Markets

OpenAI said Instacart’s chief executive is joining the company to lead its applications business as the ChatGPT maker looks to scale its operations and drive growth.

Apple’s Existential Crisis: Can It Build a Future Around AI?

by Wallstreet Journal | May 8, 2025 7:05 am | US Markets

The iPhone maker has an uncertain path ahead: shiny but less smart hardware or a smarter Siri that turbocharges everything.

U.S. to Overhaul Curbs on AI Chip Exports After Industry Backlash

by Wallstreet Journal | May 8, 2025 2:04 am | US Markets

A rule limiting many countries’ access to American technology was set to take effect May 15.

CrowdStrike to Cut 5% of Workforce

by Wallstreet Journal | May 7, 2025 6:06 pm | US Markets

CrowdStrike said it will cut about 500 jobs, or 5% of its global workforce, as part of a plan to drive efficiencies in the business.

Zuckerberg’s Grand Vision: Most of Your Friends Will Be AI

by Wallstreet Journal | May 7, 2025 3:05 pm | US Markets

Meta’s CEO is promoting a future where artificial intelligence is increasingly intertwined with people’s lives.

Cisco Systems Introduces New Quantum Chip, Opens Lab Facility

by Wallstreet Journal | May 7, 2025 1:04 am | US Markets

The new quantum network entanglement chip works with existing fiber-optic infrastructure and consumes less than 1 megawatt of power.

IBM CEO Says AI Has Replaced Hundreds of Workers But Created New Programming, Sales Jobs

by Wallstreet Journal | May 7, 2025 12:04 am | US Markets

The tech company promises higher total employment as it reinvests resources toward roles like software development.

U.S. Urges Breakup of Google Ad Businesses

by Wallstreet Journal | May 6, 2025 4:05 pm | US Markets

Google said in a court filing that divestiture isn’t warranted in this case, and wouldn’t be technically feasible.

Apple Won’t Be Able to Avoid Price Hikes for Long

by Wallstreet Journal | May 6, 2025 3:05 pm | US Markets

The iPhone maker is absorbing $900 million in tariff costs this quarter, but the hit to profit margins could still get worse.

Hacking Group That Wreaked Havoc on Las Vegas Appears to Be Back

by Wallstreet Journal | May 6, 2025 9:14 am | US Markets

Attacks on U.K. retailers appear to mark the comeback of “Scattered Spider,” a network of hackers that have disrupted operations at dozens of companies.

OpenAI Abandons Planned For-Profit Conversion

by Wallstreet Journal | May 6, 2025 1:04 am | US Markets

The maker of ChatGPT said it made the decision to remain under the control of a nonprofit organization.

UnitedHealth Now Has 1,000 AI Use Cases, Including in Claims

by Wallstreet Journal | May 5, 2025 7:06 pm | US Markets

But artificial intelligence on its own will never deny a claim, assures the insurer’s chief digital and technology officer

Warren Buffett to Remain Berkshire Hathaway Chairman

by Wallstreet Journal | May 5, 2025 5:05 pm | US Markets

The company said the board approved the Jan. 1 appointment of Greg Abel as chief executive.
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