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Wealth of world’s billionaires grew by $2tn in 2024, report finds

Rate of wealth growth last year was three times faster than 2023, Oxfam inequality research reveals. The wealth of the world’s billionaires grew by $2tn (£1.64tn) in 2024, three times faster than ...

The Guardian - Jan. 20

World could soon see its first trillionaires, Oxfam says, as billionaire wealth surges

Billionaire wealth surged in 2024, as the world’s richest people increasingly benefited from inheritance and powerful connections, Oxfam said in its annual inequality report.

NBC News - Jan. 20

Anti-poverty group says billionaires' wealth soared in 2024 as the elites prepare for another Davos

Billionaire's wealth has grown faster last year, and now the world can expect at least 5 trillionaires within a decade, even as the number of people in poverty has barely budged since 1990

ABC News - Jan. 19

Apple, Google remove TikTok from stores as app halts service in U.S.

Apple and Google have removed TikTok from their respective app stores as U.S. operations shut down.

CNBC - Jan. 19

Google Maps is turning 20 — it's mapping three more countries and adding AI capabilities

As Google Maps turns 20, it's mapping more countries and rolling out generative AI capabilities to keep dominance as the world's top navigation app

CNBC - Jan. 18

Billionaires and their cash head to Washington for Trump’s inauguration

CEOs are lining up for a swearing-in ceremony that is expected to smash fundraising records

Financial Times - Jan. 18

What will happen to TikTok on Apple and Google's app store on Sunday?

With President-elect Trump adding uncertainty around whether a TikTok ban will go into effect, the focus is now turning to companies like Google and Apple

ABC News - Jan. 17

Poppy Playtime Dev Sues Google Over Counterfeit "Scam" Versions Of Its Games

Mob Entertainment--the development studio behind the jumpscare-heavy survival horror game known as Poppy Playtime --is suing Google over what it calls "scam" games that are ripping off the ...

GameSpot - Jan. 17

Former European Leaders Call for Google Ad-Tech Breakup

A group of 18 former European heads of state have called on the European Commission to break up Google’s highly lucrative advertising-technology business, claiming it erodes Europe’s media landscape.

The Wall Street Journal - Jan. 17

Why tech companies like Amazon, Google and TSMC are flocking to Phoenix

Phoenix, a longtime hub for aerospace and defense, is becoming an epicenter of semiconductor manufacturing and autonomous vehicles.

CNBC - Jan. 17

Enterprises can now run real-time data through Google Cloud’s most advanced VMs

Early adopters like Couchbase are already seeing significant price-performance gains with Google Cloud's new VMs.

VentureBeat - Jan. 16

Google’s new neural-net LLM architecture separates memory components to control exploding costs of capacity and compute

Titans architecture complements attention layers with neural memory modules that select bits of information worth saving in the long term.

VentureBeat - Jan. 16

TikTok and Google CEOs to attend Trump inauguration, sources say

The news comes as a law banning TikTok, which is owned by Chinese firm ByteDance, is set to go into effect on Jan. 19.

CBS News - Jan. 16

Google's Resolution for 2025: Catch Up to ChatGPT

Tired of trailing OpenAI, Chief Executive Sundar Pichai wants his Gemini chatbot to be used by 500 million people.

The Wall Street Journal - Jan. 16

At Davos, Trump will face a less friendly brand of billionaire – but their dominance is waning | Larry Elliott

These high priests of globalisation are facing the fact that Trump’s tariffs are part of a global shift to protectionism. Hollywood would struggle to come up with a better plot. On Monday, as ...

The Guardian - Jan. 16

Google’s Gemini AI just shattered the rules of visual processing — here’s what that means for you

Google's Gemini AI achieves a milestone with simultaneous video and image processing, unlocking possibilities through AnyChat.

VentureBeat - Jan. 14

Billionaire Bill Ackman wants to build a ‘modern-day Berkshire Hathaway’

Ackman has unveiled his vision to form a new business out of Howard Hughes Holdings “that would acquire controlling interests in operating companies.”

MarketWatch - Jan. 14

Chinese Billionaire Cranes Rolls-Royce Ghost to 44th-Floor Penthouse

Yahoo News - Jan. 14

Google faces first major probe under UK's tough new antitrust rules

Britain's competition watchdog said Tuesday that it's opening a formal antitrust investigation into Google's search and search advertising business.

CNBC - Jan. 14

Google Joins the AI Shopping Revolution With Agent Tools for Retailers

The next stage of AI development, which lets the technology act with more autonomy and performs some customer service actions, is being applied to an industry that must constantly embrace change.

Inc. - Jan. 13

Billionaire Issa brothers’ EG Group readies $13bn US IPO

Private equity-backed petrol station business expected to list as early as this year

Financial Times - Jan. 12

Jamie Dimon on the economy, billionaires, and income inequality

The chairman and CEO of JPMorgan Chase explains why he's referred to cryptocurrencies like Bitcoin as a Ponzi scheme; his bank's efforts to improve the lives of lower-income Americans; and his ...

CBS News - Jan. 12

Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts

Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.

The New York Times - Jan. 11

Google DeepMind researchers introduce new benchmark to improve LLM factuality, reduce hallucinations

Based on a new benchmark, Google DeepMind found Gemini 2.0 Flash to be the most factual LLM, with a score of 83.6%.

VentureBeat - Jan. 10

To resist the climate crisis, we must resist the billionaire class | Peter Kalmus

To solve the climate crisis, power must flow away from the billionaire class. When I feel uncertain, I find it’s helpful to write down things I know to be true. Fossil fuels are causing ...

The Guardian - Jan. 10

Boeing and Google each give $1m for Trump inauguration

The US companies join other major firms donating funds for the ceremony on 20 January.

BBC News - Jan. 10

Billionaire Frank McCourt's Project Liberty bids for TikTok ahead of Supreme Court arguments

The internet advocacy group's proposed purchase would bring TikTok under American ownership and prevent it from being banned in the U.S.

CNBC - Jan. 9

Google and Microsoft donate $1m each to Trump’s inaugural fund

Tech giants follow footsteps of other major companies, including Amazon, Meta, OpenAI and Uber. Google and Microsoft have donated $1m each to Donald Trump ’s inauguration fund, following in ...

The Guardian - Jan. 9

Google donates $1 million to Trump's inauguration fund, joining other tech giants

Google becomes the latest tech company to donate to Trump's inauguration fund