ALPHABET INC-CL A - CybAI news

15 Aug

Yale Spinout in Quantum Field Draws US Intelligence Agency Money

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Sequoia Capital-backed Quantum Circuits Inc. raised more than $60 million from investors including a fund set up by the US Central Intelligence Agency, as concern grows about quantum computing’s potential security implications.Sequoia’s only portfolio company in the nascent field said on Thursday it won an investment from In-Q-Tel Inc., a nonprofit that deploys funds from US intelligence agencies. Quantum Circuits will use the money to commercialize time on its superconducting quantum computer which boasts built-in error-detection. Source link lol

15 Aug

Lenovo’s Profit Beats as AI Demand Drives a Gradual PC Recovery

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Lenovo Group Ltd. reported better-than-expected quarterly profit, affirming hopes for a gradual computing industry recovery driven by global AI spending.Net income grew 38% to $243 million in the three months ended June, Lenovo said in a filing on Thursday. That compares with an average estimate for $231 million. Revenue rose 20% to $15.4 billion. Source link lol

15 Aug

Google Says Iranian Group Seeks Access to Biden-Trump Campaign Emails

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NEW YORK (AP) — Google said Wednesday that an Iranian group linked to the country’s Revolutionary Guard has tried to infiltrate the personal email accounts of roughly a dozen people linked to President Joe Biden and former President Donald Trump since May.The tech company's threat intelligence arm said the group is still actively targeting people associated with Biden, Trump and Vice President Kamala Harris, who replaced Biden as the Democratic candidate last month when he dropped out. It said those targeted have included current and former government officials, as well as presidential campaign affiliates. Source link lol

14 Aug

Google Play ‘Can Do Better’ on Faster Antitrust Fix, Judge Says

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A California federal judge said he will order Alphabet Inc.’s Google to open up its app store in the coming weeks and chided the tech giant for not accepting a jury verdict that it monopolized Android app distribution and billing.Jurors in December sided with the maker of the popular video game Fortnite and concluded that Google unlawfully abused its power over Android apps, which brought in $14.66 billion in revenue in 2020 for the tech company. US District Judge James Donato in San Francisco is now deciding what policy changes Google must make to comply with federal antitrust law. Source…

13 Aug

US Considers a Rare Antitrust Move: Breaking Up Google

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A rare bid to break up Alphabet Inc.’s Google is one of the options being considered by the Justice Department after a landmark court ruling found that the company monopolized the online search market, according to people with knowledge of the deliberations.The move would be Washington’s first push to dismantle a company for illegal monopolization since unsuccessful efforts to break up Microsoft Corp. two decades ago. Less severe options include forcing Google to share more data with competitors and measures to prevent it from gaining an unfair advantage in AI products, said the people, who asked not to be identified…

13 Aug

Google Launches Pixel 9 Phones, Pixel Watch 3 in Renewed Push to Sell AI

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Alphabet Inc.’s Google is rolling out upgraded smartphones, watches and earbuds, aiming to take on Apple Inc. and Samsung Electronics Co. and offer more ways to use artificial intelligence.Google is touting the products — unveiled weeks ahead of Apple’s newest gadgets — as the best way to experience its latest AI technology. The hardware also has outward changes, with Google moving away from the curved design it has used for several years on its Pixel phones. Source link lol

13 Aug

Susan Wojcicki Remembered for ‘Quiet Leadership’ at Google

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The death of Susan Wojcicki, YouTube’s longtime chief, came as a shock in part because the executive chose to live as privately as she could. But first... Source link lol

13 Aug

Tech Could Use More Susan Wojcickis

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As the CEO of Alphabet Inc.’s YouTube, Susan Wojcicki was no stranger to controversy. She once said that trying to manage a platform struggling with misinformation and vile behavior meant that “everybody is angry at you all the time.”But after learning that she had died last week at age 56 after a two-year battle with lung cancer, the firestorm I keep coming back to had nothing to do with the business she ran. It took place during a period in 2015 when interviewers at tech conferences couldn’t seem to stop asking Wojcicki about her kids. The CEO had five of…

13 Aug

Traders Hope Alphabet’s Pixel Event Can Stem $360 Billion Rout

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Alphabet Inc. investors are anxiously awaiting a Google hardware event on Tuesday — banking on new AI features to help stop a selloff that’s wiped out more than $360 billion in market value in just one month.Google is unveiling one of the biggest redesigns of its Pixel phones in their nearly decade-long history at an event starting at 10 a.m. in Mountain View, California. While the devices are usually an afterthought for investors because of their small revenue contribution relative to Google’s digital advertising business, expectations are high that new AI capabilities could demonstrate leadership in the highly competitive arena.…

12 Aug

Google’s Osterloh Looks to Get Jump on Apple With Earlier Launch

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With its hardware event on Tuesday, Alphabet Inc.’s Google is trying to outshine Apple’s annual iPhone launch — and is letting longtime executive Rick Osterloh take center stage.Osterloh, the former president of Motorola who joined Google in 2016, will helm the first major product launch after the company this year unified under his leadership the teams developing hardware and the Android operating system. The reorganization expanded Osterloh’s influence in the company and signaled that Google intends to compete in hardware for the long term. Source link lol