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Author Archives: Bloomberg

Cloud-Computing Giants Keep Growing Despite Slowdown Fears

Posted on February 6, 2019 by Bloomberg

Earnings reports from the biggest providers of internet-based computing services – Amazon.com Inc., Microsoft Corp., and Alphabet Inc.’s Google – showed that these companies are grabbing a larger share of business technology spending, defying warnings … Continue reading Cloud-Computing Giants Keep Growing Despite Slowdown Fears→

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Microsoft Invests in ‘Boring AI’ Startup Valued at $2.75 Billion

Posted on February 5, 2019 by Bloomberg

Databricks Inc., which says it makes software to help companies satisfy their “boring AI” needs, raised a new round of funding that values the business at $2.75 billion. Databricks Inc., which says it makes software to help companies satisfy their “bor… Continue reading Microsoft Invests in ‘Boring AI’ Startup Valued at $2.75 Billion→

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Message Platform Slack Moves Ahead Amid Direct Listing Plans

Posted on February 5, 2019 by Bloomberg

Slack Technologies Inc. filed with regulators to go public in the U.S. without disclosing details of its share-sale plans. Continue reading Message Platform Slack Moves Ahead Amid Direct Listing Plans→

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Alphabet Profit Margins Slide as Google Costs March Upward

Posted on February 5, 2019 by Bloomberg

Google’s fourth-quarter capital expenditures jumped 80 percent to $6.85 billion. The company’s operating margin, a closely watched measure of profitability, was 21 percent, down from 24 percent. Continue reading Alphabet Profit Margins Slide as Google Costs March Upward→

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Net Neutrality Advocates Seeking Rule Revival Get Day in Court

Posted on February 4, 2019 by Bloomberg

Regulators overstepped when they gutted Obama-era rules that barred broadband providers from interfering with web traffic, advocates seeking to restore the old rules told an appeals court that gave few clues how it may rule in a closely watched case on… Continue reading Net Neutrality Advocates Seeking Rule Revival Get Day in Court→

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Google Talent Advantage Erodes as More Workers Doubt CEO Vision

Posted on February 4, 2019 by Bloomberg

Alphabet Inc.’s Google became the most-profitable internet company by recruiting talented technologists and inspiring them enough to keep them around. That advantage may be slipping as some workers increasingly doubt the leadership and vision of Chief … Continue reading Google Talent Advantage Erodes as More Workers Doubt CEO Vision→

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Facebook Faces 7 Data Probes as Irish Watchdog Gets Tough

Posted on February 2, 2019 by Bloomberg

The investigations are among 16 cases targeting big technology companies including Twitter Inc., Apple Inc., LinkedIn Corp., and also Facebook’s WhatsApp and Instagram, Helen Dixon, Ireland’s data protection commissioner, said in an interview. Continue reading Facebook Faces 7 Data Probes as Irish Watchdog Gets Tough→

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Facebook Loses Fact-Checking Group Snopes After Two Years

Posted on February 2, 2019 by Bloomberg

Snopes Media Group Inc., one of Facebook Inc.’s first fact-checking partners, said it’s ending the relationship after two years, even though the decision may cause financial distress. Continue reading Facebook Loses Fact-Checking Group Snopes After Two Years→

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Amazon Sales, Profit Top Estimates, Driven by Retail, AWS

Posted on February 1, 2019 by Bloomberg

Amazon has historically delivered relatively little profit as it fulfills Bezos’s strategy of investing to stay ahead. Building warehouses and data centers around the world, inventing new devices and automating tasks usually done by humans are just som… Continue reading Amazon Sales, Profit Top Estimates, Driven by Retail, AWS→

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Apple Is Said to Take Action on Google Apps Following Facebook

Posted on February 1, 2019 by Bloomberg

The action is similar to one Apple took Wednesday against Facebook Inc. after it violated the iPhone maker’s development rules. Continue reading Apple Is Said to Take Action on Google Apps Following Facebook→

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