Author: Martin Coulter
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Alphabet shares dive after Google AI chatbot Bard flubs answer in ad
LONDON • A selloff of Alphabet Inc shares knocked $100 billion in market value from Google’s parent company on Wednesday after its new chatbot shared inaccurate information in a promotional video and a company event failed to dazzle, feeding worries the tech giant is losing ground to rival Microsoft Corp. Alphabet shares slid nearly 9% at…
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Startups spring from ashes of Big Tech purge
By Supantha Mukherjee, Martin Coulter and Krystal Hu (Reuters) – Nic Szerman lost his job at Meta Platforms in November, just two months after joining full-time, falling victim to a sweeping 13% reduction of its workforce as the advertising market cratered. Days later he was back working, seeking investment for his own company Nulink, a…