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Google’s $500bn Rout Highlights the Strategic Risk of AI

AI is increasingly becoming a core strategic risk for Google, not merely a source of new products and research. The Economist describes Google’s reported $500 billion rout as a reflection of the danger the company faces from AI. The available article excerpt does not explain the financial figures, the

Alphabet Revenue Miss Renews Concerns About AI Spending

Wall Street ended lower as Alphabet’s revenue miss renewed questions about the enormous capital expenditures being made for artificial intelligence. The reaction reflected broader unease among investors as major technology companies reported mixed results. Their performance put the AI investment strategy under closer scrutiny, raising concerns that spending may

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Amazon Says AWS Could Reach $1 Trillion in Revenue After More Heavy Investment

Amazon CEO Andy Jassy said AWS could become the company’s first business to generate $1 trillion in revenue, a milestone that would make it one of the world’s largest technology companies by sales. Amazon is positioning AWS to lead in cloud computing for artificial intelligence workloads. Jassy said

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Binance says it will cover losses from record $6.3 billion crypto heist linked to North Korea

Binance disclosed that hackers stole approximately $6.3 billion in digital assets from the cryptocurrency exchange, in an incident widely described as the largest crypto heist on record. The exchange paused withdrawals while responding to the breach, reported freezing around $3 billion in impacted assets and saying that user funds

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Reddit CEO Says Google's AI Search Modes Are Not Driving Traffic

Reddit CEO Steve Huffman said Google's AI-powered search features are not helping drive traffic to Reddit. Speaking during Reddit's Q3 2026 earnings call, Huffman said AI Mode does not appear to benefit Reddit or, as far as he knows, other websites either. Reddit also reported

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Reddit CEO Confirms Move Toward a Logged-In-Only Experience

Reddit is planning to introduce a logged-in-only experience, CEO Steve Huffman confirmed. The change would make account access a condition of using at least part of the platform rather than allowing all content and features to remain available anonymously. The announcement comes after Reddit reported that search traffic

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Amazon’s Cloud Revenue Growth Comes With Cash Flow Pressure

Amazon’s cloud business delivered booming revenue, but the company’s overall results fell short of expectations. The main downside was negative free cash flow of $2.4 billion, highlighting the cash pressure accompanying Amazon’s cloud growth. Sources * TechCrunch