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FTC Investigates Big Tech's AI Investments
cryptocurrency

FTC Investigates Big Tech's AI Investments

The US FTC is conducting a thorough investigation into the partnerships and investments between tech giants like Alphabet, Amazon, Microsoft, and AI startups like OpenAI and Anthropic, focusing on their impact on market competition and innovation.

Google Fires Hundreds of Workers in Voice Assistant and Hardware Teams
cryptocurrency

Google Fires Hundreds of Workers in Voice Assistant and Hardware Teams

Google recently laid off hundreds of employees from its Voice Assistant and hardware teams. The layoffs are part of the company's cost-cutting measures and strategic restructuring amidst the rising competition from companies like Microsoft and OpenAI.

Google Merges Teams to Form Google Deepmind for AI Breakthroughs
cryptocurrency

Google Merges Teams to Form Google Deepmind for AI Breakthroughs

Google merges its Brain team with DeepMind to create Google DeepMind, a new business unit dedicated to developing AI in a safe and responsible manner. The team aims to accelerate progress in AI breakthroughs and products, with Chief Scientist Jeff Dean leading the development of powerful, multimodal AI models.

Google Struggles with Ad Revenue as Crypto Firms Reduce Spending
cryptocurrency

Google Struggles with Ad Revenue as Crypto Firms Reduce Spending

Alphabet said that reduced ad spending by crypto companies has hurt Google's revenue growth during the third quarter of 2022.

40 Public Firms Invest around $6B in Blockchain Industry: Blockdata
cryptocurrency

40 Public Firms Invest around $6B in Blockchain Industry: Blockdata

Google's parent company Alphabet has become the top investor in the blockchain industry, according to a research report released by the blockchain market intelligence agency Blockdata.

Google's Parent Company May Utilize Blockchain to Revamp its Existing Products
cryptocurrency

Google's Parent Company May Utilize Blockchain to Revamp its Existing Products

Alphabet Inc, the parent company of search engine giant Google, is not ready to play the second fiddle when it comes to blockchain technology, marked by the company’s in-depth research into the emerging tech.

US Congress’ Attack on Amazon, Google, Apple and Facebook Continues, Can Blockchain Benefit?
cryptocurrency

US Congress’ Attack on Amazon, Google, Apple and Facebook Continues, Can Blockchain Benefit?

As the antitrust hearing with tech giants Amazon, Apple, Facebook, and Google (Alphabet) continues, the question of whether decentralization will subsequently rise as a result of the legal tech-policy hearing has been brought up.

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