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Big tech

First stop on the road to regulating AI? Finding humans to do the job.

by Matt Levin
Mar 25, 2024
Passing AI regulations wasn't easy for the EU. Finding people to enforce it may be even harder.
Because generative AI is so young, there isn’t a huge talent pool for regulatory offices to draw from. And big tech companies can pay way more than governments.
Clement Mahoudeau/AFP via Getty Images
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Spotify CEO cites "expensive" capital as factor in layoffs. What does that mean?

by Samantha Fields
Dec 4, 2023
The music streaming service just announced its third round of layoffs this year after previous years of intensive borrowing.
For most of Spotify's existence, interest rates barely got above 2%. But once borrowing and debt got expensive, investors became interested in profitability over expansion at any cost.
Kirill Kudryavtsev/AFP via Getty Images
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The new phase of the Microsoft-Google rivalry: AI and the cloud

by Matt Levin
Oct 25, 2023
Google, aka Alphabet, and Microsoft are longtime rivals. Lately, Microsoft has been on the offensive, building strength in key areas of tech.
Microsoft invested in OpenAI, the maker of ChatGPT, which is now integrated into the Bing search engine.
Lionel Bonaventure/AFP via Getty Images
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Apple's new iPhone 15 is just one example of how EU regulation is changing tech

by Meghan McCarty Carino
Sep 12, 2023
On issues from data privacy to content moderation, as Europe goes, so goes the tech industry.
Attendees of an Apple event look at the new iPhone 15 on Tuesday. The new iPhone features a USB-C charging port, a change that comes ahead of an EU law requiring common charging systems.
Justin Sullivan/Getty Images
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A Warmer World

Big Tech is buying into the early carbon-removal market

by Meghan McCarty Carino
Sep 7, 2023
Microsoft is paying $200 million to a company using crushed rock to absorb carbon, and the Frontier consortium is backing emerging technology.
Investing in emerging environmental technology "signals to consumers or to their customers that this is a company that's a leader, that's ahead of the game," said Daniel Korschun, a marketing professor at Drexel University.
Tim Heitman/Getty Images for BIG3
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Will big tech platforms feel a dip in ad spending?

by Lily Jamali
Jul 25, 2023
Less spending by crypto and quick-delivery companies has been partially offset by more spending by pharmaceutical firms, carmakers and food and beverage companies.
Big tech companies like Alphabet and Meta may be impacted by the decline in ad spending.
Noah Berger/AFP via Getty Images
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Forget the U.S. and China — Big Tech is the next world power

by David Brancaccio and Alex Schroeder
Jun 20, 2023
According to Ian Bremmer of Eurasia Group, tech companies are gaining increasing political power with fewer checks and balances.
Ben Stansall/AFP/Getty Images
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EU regulation of AI may yet impact U.S. consumers

by Matt Levin
Jun 1, 2023
U.S. companies that have to comply with European Union rules see the benefits of using one standard for both places.
From left, Valdis Dombrovskis, European Commission; Antony Blinken, U.S. secretary of state; Margrethe Vestager, European Commission; Gina Raimondo, U.S. secretary of commerce; and Katherine Tai, U.S. trade representative, in Sweden on Wednesday to discuss AI regulation.
Jonas Ekstromer/TT News Agency/AFP via Getty Images
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Google is going all-in to win the AI arms race

by Matt Levin
May 11, 2023
The company's announcement of new AI product offerings this week adds new fuel to the fire.
Alphabet CEO Sundar Pichai delivers the keynote address at the Google I/O developers conference on May 10, 2023 in Mountain View, California.
Justin Sullivan/Getty Images
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Meta cuts 10,000 jobs in second wave of layoffs since November

by Associated Press
Mar 14, 2023
Meta and other tech companies have been hiring aggressively in recent years but have recently begun to let some of those workers go.
Meta said Tuesday it will reduce the size of its recruiting team and make further cuts in its tech groups in late April, followed by its business groups in late May.
Josh Edelson/AFP via Getty Images
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