acquisition
Yahoo acquires Instagram co-founders’ AI news platform Artifact
The deal signals continued pain for media start-ups struggling to grow revenue at a time when Big Tech giants Alphabet and Meta.
AI
New AI benchmark tests speed of responses to user queries
MLCommons released a fresh set of tests and results that rate the speed at which top-of-the-line hardware can run AI applications and respond to users.
Alphabet
Google says will defend its DMA compliance in coming months
Google will continue to defend the way it complies with the Digital Markets Act in the coming months.
AirTags
Apple accused of monopolizing smartphone markets in US antitrust lawsuit
The U.S. Department of Justice and 15 states sued Apple, alleging it drove up prices for its services and hurt smaller rivals.
005930.KS
Apple in talks to let Google’s Gemini power iPhone AI features, Bloomberg News says
The negotiations are about licensing Gemini for some new features coming to the iPhone software this year.
advancing issues
Wall Street climbs, lifted by Uber, Lyft and Nvidia
Nvidia briefly displaced Alphabet as the U.S. stock market’s third most valuable company.
Alphabet
AI frenzy puts Nvidia briefly ahead of Amazon in market value
Nvidia briefly surpassed Amazon.com Inc in market capitalization on Monday.
Advanced Micro Devices
Exclusive: Nvidia chases $30 billion custom chip market with new unit -sources
Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others.
ad dollars
Pinterest slides as smaller players battle for share of ad market
Pinterest dropped over 10% in a sign that smaller social media platforms could be losing the battle to bigger players for ad dollars.
Alphabet
Wall Street ends down as US retail sales data crimps rate cut bets
Stocks finished lower after upbeat December U.S. retail sales data eroded expectations the Federal Reserve will kick off its rate-cut campaign as early as March.