Browsing: Big Tech

ARK Invest’s Cathie Wood discusses the current market selloff, the potential of AI, and her investment strategies in a conversation recorded live at Bloomberg Invest.

Despite peace offerings, major tech companies like Google, Meta, and Amazon face continued antitrust scrutiny from the Trump administration, with significant legal battles ahead.

Tencent’s AI chatbot Yuanbao has become the most downloaded free app in China’s iOS App Store, surpassing DeepSeek amidst intense competition. The surge in popularity follows Tencent’s integration of DeepSeek’s technology.

Apple co-founder Steve Wozniak voices concerns about tech figures like Elon Musk wielding too much influence in US politics.

Apple co-founder Steve Wozniak expressed concerns about Big Tech dominance and AI’s impact at the Mobile World Congress in Barcelona.

President-elect Donald Trump’s administration is expected to favor the cryptocurrency industry while continuing antitrust scrutiny of Big Tech, aligning with the priorities of some Silicon Valley donors.

Marc Benioff of Salesforce expresses skepticism about the returns on investment in AI and data centers by major tech companies.