Google-parent Alphabet is set to cut more jobs in order to make space for investment in artificial intelligence. Alphabet CEO Sundar Pichai said some teams would need to eliminate roles in order to “create the capacity” for investment in promising areas such as artificial-intelligence, CNBC reported, citing an internal memo. That could be… Google-parent Alphabet
Published: Jan. 16, 2024 at 6:22 p.m. ET Walt Disney Co.’s board on Tuesday nominated a slate of 12 directors that notably left out activist investors from Trian Fund Management (Nelson Peltz, James Rasulo) and Blackwells Group (Craig Hatkoff, Jessica Schell, Leah Solivan), both of which have been highly critical of Disney Chief Executive Robert
The number of shorted shares has grown 23% since the end of 2020, but that doesn’t mean traders are getting more bearish about the market. Thanks to an array of initial public offerings and stock splits, the total number of stock shares has ballooned since the end of 2020—which means the relative short interest has
DENVER — Colorado’s highest court on Monday upheld the search of Google users’ keyword history to identify suspects in a 2020 fatal arson fire, an approach that critics have called a digital dragnet that threatens to undermine people’s privacy and their constitutional protections against unreasonable searches and seizures. However the Colorado Supreme Court cautioned it
Stock-market investors fear a megacap meltdown. Here’s what history says.
Investors spent 2023 fretting about the sustainability of a stock-market rally largely driven by a handful of megacap tech stocks. Those worries remain in place as the S&P 500 has returned to record territory in the new year. “With the usual set of select megacap stocks pacing early 2024 performance, concentration-risk worries have been getting