Justice Department Alleges Google Tried to Eliminate Ad Market Rivals in Lawsuit
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Google Sales Accelerate as Ad, Cloud Businesses Hold Up Amid Costly AI Push
Parent company Alphabet reported $80.5 billion in first-quarter revenue, an increase of 15% from the same period last year.The Wall Street Journal - Business - Google -
Retail investors pulled back dramatically on stock purchases in April, adding to market’s woes
Retail investors went on a tax-season buyers strike that helped exacerbate the stock-market selloff in early April, according to data from Vanda Research.MarketWatch - Business -
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.
The Justice Department is conducting a criminal investigation into McKinsey related to its past role in advising some of the largest U.S. opioid manufacturers on how to boost sales.The Wall Street Journal - World -
BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.
BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.The Wall Street Journal - World -
Google Parent Alphabet Looks to Continue Revenue Growth
The search giant has reported four straight quarters of accelerating sales growth and been investing in artificial-intelligence technology. Still, Google’s advertising sales last quarter fell short of expectations.The Wall Street Journal - World - Google -
New York Tries to Prune Its Illegal Marijuana Crop
Bad policies created thousands of illicit shops and few legitimate ones.The Wall Street Journal - World - New York -
Ads for Explicit ‘AI Girlfriends’ Are Swarming Facebook and Instagram
WIRED found thousands of ads running on Meta’s social platforms promoting sexually explicit “AI girlfriend" apps. Some human sex workers say the platform unfairly polices their own posts more harshly.Wired - Tech - Facebook -
Google says it will miss target for ending third-party cookies
Google said Tuesday that it will no longer be able to complete its phaseout of third-party cookies by the end of 2024. “We recognize that there are ongoing challenges related to reconciling divergent feedback from the industry, regulators and ...The Hill - Politics - Google -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
Google Thinks It Can Cash In on Generative AI. Microsoft Already Has
While both Alphabet and Microsoft boasted strong quarterly earnings, only one tech giant showed that its generative AI bet is starting to pay off.Wired - Tech - Google -
With lawsuits in rearview mirror, Disney World government gets back to being boring
For the first time in more than a year, the monthly board meeting of Walt Disney World’s governing district was back to being what many municipal government forums often are — boringABC News - Entertainment -
Lawsuit vs. ex-Texas Tech guard Isaacs dismissed
A civil lawsuit that accused former Texas Tech basketball player Pop Isaacs of sexually assaulting a 17-year-old girl during a team trip to the Bahamas in November has been dismissed, according to attorneys for both sides.ESPN - Sports -
How the big business of lawsuits could be harming our national security
Sadly, the forces of greed are overwhelmingly displacing the forces of good in the law.The Hill - Politics -
Wife of Spanish PM investigated for alleged corruption
Judge opens preliminary probe into allegations of influence peddling by Begoña GómezFinancial Times - World -
Newey to leave Red Bull over Horner allegations
Red Bull design chief Adrian Newey is to leave the team in the wake of the controversy involving allegations about team principal Christian Horner.BBC News - Top stories -
Wife of Spanish PM investigated for alleged corruption
Judge opens preliminary probe into allegations of influence peddling by Begoña GómezFinancial Times - Business -
Justices Seemed Split on Emergency Abortion Access
Also, U.S. weapons are headed to Ukraine. Here’s the latest at the end of Wednesday.The New York Times - Top stories - Abortion -
For Justice Alito, Presidents Stand Above the Law
He appears willing to allow Trump and future presidents to escape criminal prosecution for their acts.The New York Times - Top stories -
Ukraine is putting pressure on fighting-age men outside the country
Ukraine is seeking to reverse the drain of potential soldiers from the countryABC News - World - Ukraine -
Losing a Foot Never Held Her Back, Until She Tried to Join the Military
Amputees who try to join the U.S. armed forces are rejected, no matter how capable they are. Hannah Cvancara wants to change that.The New York Times - Top stories -
Ty Cobb ‘almost certain’ Trump election interference case won’t be tried before election
Former White House attorney Ty Cobb said he is “almost certain” that former President Trump’s federal election case won’t be tried before the November election after the Supreme Court heard arguments Thursday. “So, I think it benefits Trump in the ...The Hill - Politics - Donald Trump -
USDA updates rules for school meals that limit added sugars for the first time
U.S. agriculture officials announced new nutrition standards for school meals that will limit added sugars for the first timeABC News - Health -
Alsobrooks drops Senate ad featuring top Maryland Democrats
Maryland Senate candidate Angela Alsobrooks (D) released a new ad on Thursday featuring top Democrats from the Old Line State as she vies for the seat against Rep. David Trone (D-Md.) in the Democratic primary. “We know Maryland,” says Gov. Wes ...The Hill - Politics -
Netflix Added More Than 9 Million Subscribers in First Quarter
The company’s revenue was 15 percent higher compared with last year, and it solidified its standing as the entertainment company’s dominant streaming service.The New York Times - Tech - Netflix -
Riding in an Uber in NYC Could Soon Come With a Side Order of Ads
Ads, ads, everywhere--even in your rideshare.Inc. - Business -
Tesla Earnings Report: Revenue Fell to $21.3 Billion, Adding to Strategy Concerns
The first-quarter results are likely to fuel worries that competitors will continue grabbing a bigger slice of a market dealing with slowing electric car sales.The New York Times - Tech -
How TikTok Rivals Stand to Benefit From U.S. Ban
Billions of dollars in ad revenue—and many highly engaged users—hang in the balance after President Biden signed a bill forcing app sale.The Wall Street Journal - World - Tiktok -
How TikTok Rivals Stand to Benefit From U.S. Ban
Billions of dollars in ad revenue—and many highly engaged users—hang in the balance after President Biden signed a bill forcing app sale.The Wall Street Journal - Tech - Tiktok -
Mining giant BHP offers to buy rival Anglo American in potential megadeal
Mining giant BHP has offered to buy Anglo American, a long-time rival with a market capitalization of about $35 billion, in a potential megadeal that could reshape the global mining industry.MarketWatch - Business -
Mining Giants Weigh $39 Billion Megadeal
Mining giant BHP has offered to buy longtime rival Anglo American in a deal that could reshape the global industry.The Wall Street Journal - World -
Mining Giant BHP Makes $39 Billion Bid for Rival Anglo American
The deal would create one of the largest copper miners at a time when demand is soaring for the metal used in many green technologies.The New York Times - Business -
Biden promise to rival China on shipbuilding faces a big economic problem
President Biden wants to bring shipbuilding back to the U.S. in economic rivalry with China and to boost domestic steel. Economic reality isn't on his side.CNBC - Business - Joe Biden -
Dow Falls More Than 600 Points
Follow along for reactions across financial markets.The Wall Street Journal - World -
18 indicted in alleged 2020 fake Arizona elector scheme
An Arizona grand jury indicted 18 people in connection with an alleged attempt to use alternate electors after the 2020 election.CBS News - Top stories -
Belarus claims it prevented drone attacks from Lithuania. Vilnius rejects the allegations
The head of the top security agency in Belarus has claimed that the country has prevented attempted drone strikes from Lithuania that targeted the capital, Minsk, and surrounding areasABC News - World -
18 indicted in alleged 2020 fake Arizona elector scheme
An Arizona grand jury indicted 18 people in connection with an alleged attempt to use alternate electors after the 2020 election.CBS News - Politics -
Meadows, Giuliani indicted in alleged Arizona fake elector scheme with ties to Trump
Former White House chief of staff Mark Meadows and former New York City Mayor Rudy Giuliani are among the 18 people who have been charged in Arizona for an alleged fake electors scheme to try to overturn the 2020 election. Although some of the ...CBS News - Top stories - Donald Trump -
Red Bull stunned by shock news F1’s top designer Adrian Newey is to leave
Newey believed to be unhappy with events this seasonNews deals blow to Red Bull hopes of keeping VerstappenRed Bull’s chief technical officer, Adrian Newey, is expected to leave the team, it has been reported. Newey is the most successful designer ...The Guardian - World -
Trump trial hears new details about alleged "catch and kill" scheme
Former National Enquirer boss David Pecker appeared on the stand for the third day, detailing an agreement the tabloid made with a former Playboy model.CBS News - Top stories - Donald Trump -
Missouri House backs legal shield for weedkiller maker facing thousands of cancer-related lawsuits
The Missouri House has passed legislation that could protect chemical manufacturer Bayer from some lawsuits alleging a popular weedkiller causes cancerABC News - Health