Recent news involving GAFA (Google, Amazon, Facebook, Apple) includes Google announcing layoffs across various divisions, Amazon and iRobot terminating a $1.4 billion acquisition agreement, and hedge funds reducing exposure to tech stocks like Apple. Additionally, Google's decision to delete inactive accounts after two years has garnered attention. These events highlight the dynamic nature of the tech industry and the strategic decisions made by these major players.
GAFA, also known as the Big Four or Tech Giants, are dominant forces in the information technology industry. Google, founded in 1998, is a leading search engine and technology company. Amazon, established in 1994, is a global e-commerce and cloud computing giant. Facebook, founded in 2004, is a social media platform connecting billions worldwide. Apple, dating back to 1976, is renowned for its consumer electronics and software. These companies have revolutionized technology and shaped the digital landscape, influencing various sectors and daily life globally.
-
The human work of teaching A.I. is getting a lot more complex as the technology improves.
-
Tech companies use Super Bowl ads to highlight the potential of AI technology, with Microsoft's ad focusing on its AI assistant, Copilot, and Google's ad showcasing a new AI feature for blind or low vision users.
-
Google has announced layoffs across multiple divisions, including central engineering, Pixel phone, Fitbit devices, Nest smart home product, and Google Assistant.
-
Amazon and iRobot mutually agreed to terminate their $1.4 billion acquisition agreement, with Amazon paying a $94 million termination fee to iRobot.
-
Hedge funds are reducing exposure to mega-cap tech stocks, particularly Apple, due to concerns about sluggish sales and competition in China.
-
Google will begin deleting inactive accounts, including Gmail, Photos, and Drive, that have not been used for at least two years, starting from December 1.