Tag: Internet Media and Services

Google could face changes to search in the UK as regulators crack down

Google could face changes to its online search services in the U.K. after regulators raised concerns over the tech giant’s dominance.

Meta’s Zuckerberg hiring for new ‘superintelligence’ AI team, Bloomberg News reports

Mark Zuckerberg, the billionaire CEO of Meta Platforms (META.O), is setting up a team of experts to achieve so-called “artificial general intelligence” (AGI), or machines that can match or surpass human capabilities, Bloomberg News reported on Tuesday.

Uber taps AI firm Wayve to pilot fully driverless rides in the UK

Uber on Tuesday announced it’s partnered with self-driving car technology firm Wayve to launch trials of fully autonomous rides in the U.K., starting in spring 2026.

United partners with Spotify for in-flight entertainment upgrade

United Airlines (UAL) has teamed up with Spotify to offer passengers a new in-flight entertainment experience featuring a selection of Spotify’s video and audio podcasts, audiobooks, and music playlists.

Meta aims to fully automate advertising with AI by 2026, WSJ reports

Meta Platforms (META.O),aims to allow brands to fully create and target advertisements with its artificial intelligence tools by the end of next year, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Google AI Praised as Alphabet Stock Slips. A ‘Great Opportunity’ for ‘Anyone Brave Enough.’

Google-parent Alphabet unveiled a flurry of artificial-intelligence features at its developers conference. While analysts were impressed, the stock market still seems worried about how AI might eat into the company’s core search market.

Baidu Stock Jumps. How AI Powered the Search-Engine Provider’s Earnings Beat.

Baidu stock was rising on Wednesday after the Chinese tech company’s growing artificial-intelligence business helped it top analysts’ first-quarter earnings targets.

Alphabet’s Waymo wins approval to expand driverless ride-hailing service to San Jose

Alphabet’s Waymo unit has received approval to expand its autonomous ride-hailing service to more parts of the San Francisco Bay Area, including San Jose.

Meta’s Key AI Model Hit by Delay. What It Means for the Stock.

Meta Platforms stock held steady early Friday after falling late in the previous session following a report that the Facebook parent is delaying the rollout of its new artificial intelligence model.

Lyft shares rise as company ups buyback to $750 million

Lyft shares jumped 7% after the company boosted its share buyback plan to $750 million in its first quarter earnings report.

Google Stock Rises. It Rejects Apple’s Claim AI Is Hurting Search Volumes.

Google-parent Alphabet GOOGL was climbing early on Thursday after the search company denied artificial intelligence was eating into its market. It’s a claim that leaves Google at odds with its partner Apple AAPL.

Uber misses revenue expectations with trips up 18% over last year

Uber reported first-quarter results Wednesday that beat analysts’ expectations for earnings, but fell shy of anticipated revenue growth for the quarter. Shares fell about 5% following the report.

Doordash announces $1.2 billion SevenRooms deal, misses revenue expectations

Doordash on Tuesday announced the $1.2 billion acquisition of restaurant booking platform SevenRooms and reported first-quarter revenue that missed expectations.

Roku Stock Drops as Outlook Raises Worry About Ad Spending

Roku stock was sinking after the streaming-device company cut its financial guidance, saying the uncertain economic environment is hurting revenue from both streaming devices and advertising.

Apple clears Spotify update under new rules allowing purchases within apps

Spotify on Friday said Apple has approved the company’s U.S. app update, which will allow users to access pricing information, links to make purchases and select from more payment options within the music streaming app.

Meta shares rise on stronger-than-expected revenue for first quarter

Meta shares rose as much as 5% Wednesday after the company reported stronger-than-expected revenue in the first quarter and provided second-quarter guidance that was in line with Wall Street’s expectations.

Booking Holdings Stock Slips on Demand Worries. It Could Be ‘The Safest Port.’

Shares of online travel agency Booking Holdings BKNG +0.39% fell on Wednesday as a strong first-quarter print was overshadowed by concerns about ramping geopolitical tensions and their impact on the industry.

Spotify’s high payroll taxes hurt profit, shares slide

Spotify (NYSE:SPOT) forecast second-quarter profit below market estimates on Tuesday due to employee salary-related taxes, taking the shine off its strong subscriber growth and sending the shares of the Swedish music-streaming giant down 6% before the bell.

Deliveroo shares soar to three-year high after U.S. giant DoorDash makes takeover bid

Shares of British food delivery firm Deliveroo jumped to their highest level in more than three years on Monday, after the company confirmed it had received a $3.6 billion takeover offer from U.S. firm DoorDash.

Baidu Rolls out AI Upgrades at Lower Prices as Competition Heats Up

Chinese internet-search giant Baidu has upgraded its artificial-intelligence models and cut prices amid fierce competition with rivals like DeepSeek and Alibaba.