Microsoft (MSFT) stock ain't cheap but AI story 'has barely played-out': UBS
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Microsoft's LinkedIn settles advertisers' lawsuit over alleged overcharges
July 26, 2024 9:55 AM EDTBy Jonathan Stempel
(Reuters) -LinkedIn agreed to pay $6.625 million to settle a proposed class action accusing the Microsoft unit of overcharging advertisers by inflating how many people watched video ads on its platform.
A preliminary settlement was filed late on Thursday in San Jose, California federal court, and requires approval by U.S. Magistrate Judge Susan van Keulen in San Jose, California.
LinkedIn denied wrongdoing. It also agreed to use... More
Microsoft (MSFT) August 2 weekly 420 straddle priced into quarter results
July 26, 2024 4:38 AM EDTMicrosoft (NASDAQ: MSFT) August 2 weekly 420 straddle priced for a move of 5.5% into expected release of quarter results after the bell on July 30.
... MoreCrowdStrike says over 97% of Windows sensors back online
July 25, 2024 6:52 PM EDT(Reuters) - More than 97% of Windows sensors are back online, CrowdStrike's CEO George Kurtz said on Thursday, nearly a week after a software update by the cybersecurity firm triggered a global outage.
The company's Falcon platform sensor is a security agent installed on devices such as laptops and... More
OpenAI enters Google-dominated search market with SearchGPT
July 25, 2024 2:27 PM EDTBy Yuvraj Malik
(Reuters) -OpenAI is venturing into a territory long dominated by Google with the selective launch of SearchGPT, an artificial intelligence-powered search engine with real-time access to information from the internet.
The move, announced on Thursday, also places the AI giant in competition with its largest backer Microsoft's Bing search and emerging services such as Perplexity a search-focused AI chatbot firm backed by Amazon founder Jeff Bezos and semiconductor giant Nvidia.
Shares of Google's parent company Alphabet ended 3% lower on Thursday after OpenAI's announcement.
OpenAI said it has... More
OpenAI announces SearchGPT Prototype
July 25, 2024 2:14 PM EDTOpenAI announced:
Were testing SearchGPT, a prototype of new search features designed to combine the strength of our AI models with information from the web to give you fast and timely answers with clear and relevant sources. Were launching to a small group of users and publishers to get feedback. While this prototype is temporary, we plan to integrate the best of these features directly into ChatGPT in the future. If youre interested in trying the prototype, sign up(opens in a new window) for the waitlist.
A new way to search
Getting answers... More
Tech sell-off to be short lived; this is start of tech bull run: Wedbush
July 25, 2024 8:49 AM EDTThe recent tech sell-off, sparked by results from Alphabet (NASDAQ: GOOGL) and Tesla (NASDAQ: TSLA), has caused significant anxiety on Wall Street. However, Wedbush analysts are confident this downturn will be brief and see it as the beginning of a significant tech bull run driven by a massive AI capital expenditure cycle.
According to Wedbush, "We believe this tech sell-off will be short-lived as the Street better digests results and commentary from the broader... More
