Report: DOJ Will Ask Judge to Force Google to Sell Core Products
The U.S. Department of Justice reportedly plans to ask a judge to order Google to divest one or more core products as a way to reduce the company's dominance in the search market. Google's Chrome browser and Android mobile operating system could be among those core products, the Financial Times (FT) reported Wednesday (Nov.
Read More
Amazon: Most Attractive Valuation In 3 Years And A Promising Future
Amazon's Q3 earnings exceeded expectations, with strong growth in international e-commerce and strict expense control. The company is trading at one of the lowest P/E ratios in 3 years, enhancing its attractiveness given its profitability. Significant investments in AI and infrastructure could drive future growth beyond market projections.
Read More
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Business spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to data from Menlo Ventures released Wednesday. OpenAI ceded market share in enterprise AI, declining from 50% to 34%, per the report.
Read More
Business spending on AI surged 500% this year to $13.8 billion, says Menlo Ventures
Business spending on generative AI surged 500% this year, hitting $13.8 billion — up from just $2.3 billion in 2023, according to data from Menlo Ventures released Wednesday. OpenAI ceded market share in enterprise AI, declining from 50% to 34%, per the report.
Read More
