Google to Pay 0 Million to US Consumers, States in Play Store Antitrust Settlement

Google to Pay $700 Million to US Consumers, States in Play Store Antitrust Settlement

Alphabet’s Google will pay $700 million (roughly Rs. 5,819 crore) and revamp its Play app store to allow for greater competition as part of an antitrust settlement with US states and consumers, according to the company and filings in San Francisco federal court on Monday. Google will pay $630 million (roughly…

Amazon Announces New AI Chip for AWS Amid Competition With Microsoft

Amazon Announces New AI Chip for AWS Amid Competition With Microsoft

Amazon.com on Tuesday announced a new artificial intelligence chip for its cloud computing service as competition with Microsoft to dominate the market for artificial intelligence heats up. At a conference in Las Vegas, Amazon Web Services (AWS) Chief Executive Adam Selipsky announced Trainium2, the second generation of chip designed for…

Facebook, YouTube Said to Be Warned Against Misuse of Deepfakes by Indian Government

Facebook, YouTube Said to Be Warned Against Misuse of Deepfakes by Indian Government

India’s government on Friday warned social media firms including Facebook and YouTube to repeatedly remind users that local laws prohibit them from posting deepfakes and content that spreads obscenity or misinformation, two sources told Reuters. The warning was conveyed by deputy IT minister Rajeev Chandrasekhar in a closed-door meeting where…

Amazon Announced Layoffs in Alexa Voice Assistant Unit to Focus on Gen AI

Amazon Announced Layoffs in Alexa Voice Assistant Unit to Focus on Gen AI

Amazon.com on Friday announced it is trimming jobs at its Alexa voice assistant unit, citing shifting business priorities and a greater focus on generative artificial intelligence. The cuts affect several hundred employees working on Alexa, according to the email. A spokeswoman declined to elaborate on exactly how many were affected….

YouTube Announces AI-Enabled Editing Products for Video Creators

YouTube Announces AI-Enabled Editing Products for Video Creators

YouTube will roll out a slew of artificial-intelligence-powered features for creators, the latest effort from parent company Alphabet to incorporate generative AI — technology that can create and synthesize text, images, music and other media given simple prompts — into its most important products and services. Among the new products…

Google to Pay Over 5 Million to Settle Claims About Tracking Location Data

Google to Pay Over $155 Million to Settle Claims About Tracking Location Data

Google agreed to pay $155 million (nearly Rs. 1,300 crore) to settle claims by California and private plaintiffs that the search engine company misled consumers about how it tracks their locations, and used their data without consent. Both settlements resolve claims that the Alphabet unit deceived people into believing they…

Facebook, YouTube Said to Be Warned Against Misuse of Deepfakes by Indian Government

Google Unveils AI-Powered Tools to Enterprise Customers at $30 Monthly Fee

Google on Tuesday made its artificial intelligence-powered tools available to enterprise customers at a monthly price of $30 (nearly Rs. 2,500) per user, as the Alphabet-owned firm looks to cash in on the technology’s surge in popularity this year. The price is the same as rival Microsoft‘s “Copilot” AI-powered office…

Facebook, YouTube Said to Be Warned Against Misuse of Deepfakes by Indian Government

News Organisations Call for Regulations on Content Use by AI Makers, Reveals Letter

A group of the world’s biggest news media organizations called for revised regulations on the use of copyrighted material by makers of artificial intelligence technology, according to an open letter published on Wednesday. The note, signed by industry bodies like the News Media Alliance — which includes nearly 2,000 publications…

Google Parent Alphabet Slashes Nearly 90 Percent Stake in Robinhood Markets

Google Parent Alphabet Slashes Nearly 90 Percent Stake in Robinhood Markets

Google-parent Alphabet said on Friday it had slashed its stake in Robinhood Markets by nearly 90 percent, days after the trading app said it had turned a profit for the first time as a public company. Robinhood has been struggling to regain its footing after emerging as the breakout financial…