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Apple falls 3% as tech, semiconductor stocks struggle to bounce back from rout

Source: cnbc.com | By Samantha Subin

Published on: 2025-05-08 07:36:41

Technology stocks gyrated Tuesday, pulling back from session highs as an earlier market rally showed signed of fading. The tech-heavy Nasdaq was flat, erasing an earlier gain of 4.6% at its highs. Apple was nearly 3% lower. Meta Platforms , Alphabet , Amazon were all lower Tesla , while Microsoft hovered near the flatline. Nvidia held on to modest gains. The sector is coming off a wild trading session after speculation that the White House could potentially delay tariffs due to volatile swings

Keywords: alphabet apple highs market trading

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Google Search charged with breaking EU antitrust rules

Source: theverge.com | By Jess Weatherbed

Published on: 2025-06-08 22:15:59

Google is breaking European antitrust laws by favoring its own Shopping, Hotels, and Flights search services over rival comparison providers, according to the European Commission. The EU announced in its preliminary ruling today that Google’s parent company, Alphabet, had also violated anti-steering rules under the Digital Markets Act (DMA) by preventing app developers on its Play Store from steering customers to other distribution channels. Google can challenge the preliminary charges or make

Keywords: alphabet digital dma google search

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Google, Apple hit with EU antitrust actions under cloud of Trump tariff threats

Source: cnbc.com | By Ryan Browne

Published on: 2025-06-09 02:16:49

A man holds an Apple iPhone 16 Pro Max ahead of the launch of sales of the new iPhone 16 series smartphones in a store in Moscow, Russia September 20, 2024. European Union regulators are taking steps to rein in Google and Apple on antitrust charges, even as U.S. President Donald Trump threatens to hit the bloc with tariffs for alleged "overseas extortion" of America's tech giants. The European Commission, which is the executive body of the EU, said Wednesday that it found Google parent company

Keywords: 16 alphabet app bloc google

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Alphabet’s Starlink competitor Taara is spinning off into an independent company

Source: engadget.com | By Unknown

Published on: 2025-06-13 18:46:53

Alphabet is letting its laser-based internet company Taara fly and be free, according to reporting by Financial Times. Google’s parent company is spinning off the service from X, its moonshot incubator system (not to be confused with X the social network.) Taara uses light beams to provide high-bandwidth internet and phone services to hard-to-reach areas of the world. This places it in direct competition with Elon Musk’s Starlink network of satellites. Taara now has two dozen staff members and

Keywords: alphabet beams company space taara

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Alphabet spins off laser-based Internet backbone provider Taara

Source: arstechnica.com | By Unknown

Published on: 2025-06-14 02:27:08

Alphabet is spinning out laser-based Internet company Taara from its “moonshot” incubator, hoping to turbocharge the start-up that provides high-bandwidth services to hard-to-reach areas in competition with Elon Musk’s Starlink network of satellites. Taara is the latest project to spring from X—Alphabet’s experimental hub that produced AI lab Google Brain and Waymo’s self-driving cars—and has its origins in a concept called Loon. That envisaged shooting beams of light between thousands of ballo

Keywords: 20 alphabet capital light taara

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Alphabet spins off Starlink competitor Taara

Source: theverge.com | By Dominic Preston

Published on: 2025-06-14 13:44:55

Light-based internet project Taara is exiting Alphabet’s “moonshot” incubator X, spinning off into an independent company. Taara’s tech uses lasers to transmit data, and is envisaged as a rival to Elon Musk’s Starlink when it comes to connecting rural areas to the internet. The Financial Times reports that Alphabet will retain a minority stake in Taara, which has also secured funding from Series X Capital. The company currently has two dozen employees and operates in 12 countries, working on ev

Keywords: alphabet capital project taara tech

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