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A neon Google logo at the then-new Google office in Toronto in 2012.

REUTERS/Mark Blinch

Canada sues Google over ad tech – and it’s not alone

Following the lead of the US Department of Justice, Canada is suing Google, alleging the tech giant is using its dominant position in the market to rig the online advertising market in its favor.
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In this photo illustration, a Google Chrome logo seen displayed on a smartphone with a Google Logo in the background.

Reuters

DOJ wants Google to ditch Chrome

The Department of Justice is fighting to force Google to sell off its Chrome browser in an antitrust action against the company. In August, a judge ruled the tech giant held an illegal search monopoly in the US – the same judge the Justice Department is now asking to mandate that Google ditch Chrome, which is valued at roughly $2o billion. The Chrome browser pushes users into the Google ecosystem, using the company’s search, ad, and data-hoovering operations to dominate the market.
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Photo by Frugal Flyer on Unsplash

Hard Numbers: Hey big spender, an iPhone boost, Google’s robot coders, Super Micro’s super downfall

200 billion: Capital expenditures from four of the largest US tech companies — Amazon, Microsoft, Meta, and Google — are set to exceed $200 billion this year, inflated by enormous spending on artificial intelligence software and hardware investments. Amazon’s spending alone surged 81% in a year, leading CEO Andy Jassy to assure investors the company’s bets will pay off. These are record sums at a time when Wall Street seems hesitant to keep rewarding excessive spending on AI.

46 billion: Apple reversed its fortunes after a bad year of iPhone sales, selling more than $46 billion of its signature smartphone between July and September — a 6% increase year over year. The company’s new iPhone 16 is part of its push into artificial intelligence — marketed as a phone capable of handling all of its Apple Intelligence features, such as a supercharged Siri, new writing tools, and call transcription — which started rolling out last week. The company hopes that AI can convince customers old and new that it’s time to pay up for a new iPhone, which starts at $799.

25: More than 25% of all new code produced by Google is written by artificial intelligence, according to CEO Sundar Pichai. AI produces the code, which is then reviewed and accepted by human engineers. A recent Stack Overflow survey found that 76% of all software developers are using or are planning to use AI to code.

45: Super Micro Computer, a key supplier of Nvidia servers, saw its stock fall 45% after its auditor, Ernst & Young, resigned because it was “unwilling to be associated with the financial statements prepared by management.” Once one of the hottest AI stocks, the company has now wiped out all of its 2024 gains.

Google logo is displayed on a mobile phone screen photographed with a Russian flag in the background for an illustration.

Photo by Beata Zawrzel/NurPhoto via Reuters

Hard Numbers: Kremlin hits Google with zeroes, Chileans demand tighter borders, Americans suffer election anxiety, Flash flooding wreaks havoc in Spain, Mount Fuji is missing something

20 decillion: The Kremlin hit Google with a fine of $20 decillion on behalf of Russian broadcasters banned by the company’s subsidiary, YouTube. Russia says the $20,000,000,000,000,000,000,000,000,000,000,000 — more than a million trillion times larger than the size of the entire global economy but still nearly 70 zeroes smaller than a “googol” – is symbolic. There aren’t enough zeroes in the world to convey how minimal the chances are of Google paying the Kremlin a single cent.

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Google light signage

Google’s control over search isn’t what it used to be

Google’s supremacy in the online search advertising business is slipping. It’s a $300 billion industry that Google has dominated for nearly two decades, but that grip has been loosened by the emergence of Amazon as a search advertising threat, plus two newcomers: TikTok and Perplexity.
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Professor Ellen Moons, Secretary General at the Swedish Academy of Sciences Hans Ellegren, and Professor Anders Irback announce that John J. Hopfield and Geoffrey E. Hinton are the winners of this year's Nobel Prize winners in Physics in Stockholm, Sweden, on Oct. 8, 2024.

REUTERS/Tom Little

Hard Numbers: Nobels awarded, OpenAI’s soaring valuation, Gemini is getting fluent, Grindr’s wingmen, Supermicro’s macro sales

2: Two AI researchers, Geoffrey Hinton and John Hopfield, were awarded the Nobel Prize in Physics on Oct. 8. The pair were credited as pioneers of artificial neural networks, the machine learning technique that has powered the artificial intelligence revolution. Neural networks help computers learn by mimicking the activities of the human brain. “Thanks to their work humanity now has a new item in its toolbox, which we can choose to use for good purposes,” the Nobel committee wrote on X.

157 billion: OpenAI raised $6.6 billion last week in a new funding round led by Thrive Capital, including other investors such as Microsoft, SoftBank, and Nvidia. The company behind ChatGPT is now the second-most-valuable private company in the world, worth $157 billion, behind ByteDance ($220 billion) and just ahead of China’s Ant Group ($150 billion) and SpaceX ($125 billion).

9: Google is expanding its Gemini AI services in India. Since 40% of users there rely on voice interactions with the chatbot, the company says it will soon support not just Hindi, but nine total Indian languages — Bengali, Gujarati, Kannada, Malayalam, Marathi, Telugu, Tamil, and Urdu.

14 million: The gay dating app Grindr wants its 14 million users to have AI “wingmen.” These agents will help people find the most meaningful connections, plan dates, and — eventually — book reservations so you don’t have to lift a finger. Grindr says these features will be fully up and running by 2027 at the latest. Will your next date have to make any effort at all?

100,000: Supermicro, a company that makes servers for data centers, said it is shipping 100,000 graphics processors per quarter. The announcement sent its stock soaring more than 15% on Oct. 7, a day when the Dow Jones fell 400 points.

A laptop keyboard and Google logo displayed on a phone screen are seen in this illustration photo taken in Krakow, Poland on September 9, 2024.

Jakub Porzycki via Reuters Connect

Ireland sniffs around Google’s AI models

Ireland’s data privacy authority has opened an inquiry into Google’s artificial intelligence practices. The country’s Data Protection Commission has become an important data watchdog in the European Union as many of the world’s top tech companies have set up their European operations in Ireland. The DPC is specifically investigating whether Google’s Pathways Language Model 2, or PaLM 2, protected user privacy in accordance with Europe’s General Data Protection Regulation.

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European Union antitrust chief Margrethe Vestager holds a press conference after Europe's top court ruling on Apple's fight against an order by EU competition regulators to pay a record 13 billion euros in back taxes to Ireland, in Brussels, Belgium September 10, 2024.

REUTERS/Johanna Geron

Take two: Brussels’ banner day vs. tech firms

It was Tech Two-fer Tuesday in Brussels, as EU regulators got twin wins in their ongoing regulatory battle with US tech giants.

Google lost its final appeal in a 2017 antitrust case that found the company’s search engine had illegally prioritized its own shopping platforms. Google must now pay $2.7 billion in fines.

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