The U.K.'s competition regulator said on Tuesday it is considering a new market designation for Google that would require the search giant to provide alternative search options to users, rank search results “more fairly,” and offer greater control to publishers over how their content is used in search and AI Overviews.
Pangram, a startup founded by former Tesla and Google employees, has raised about $4 million in seed funding to expand its tools that detect AI-generated text as schools and businesses grapple with the surging use of applications such as ChatGPT.
Alphabet Inc.'s self-driving car unit, Waymo, has quietly become a frontrunner in the race to commercialize autonomous vehicles, operating robotaxis across multiple major US cities and logging over 71 million driverless miles. Yet its parent company's stock has not caught the kind of momentum that lifted Tesla Inc.'s shares by 8.
The UK's Competition and Markets Authority (CMA) is proposing tighter regulation of Google, which could force the tech giant to offer users greater choice in search services. Under plans to grant Google “strategic market status”, a designation that allows for stricter oversight of dominant firms, the CMA is considering measures such as “choice screens”.
Google could be forced to change its search engine in the UK to give consumers more choice and control over how they interact with its search services, the competition regulator has warned.
Though indexes have rebounded, the first half of the year has been rocky for investors. The market had to digest a variety of uncertainties, from geopolitical problems to mixed economic data and the U.S. plan to tax imports.
Uber Technologies on Tuesday is beginning autonomous ride-hailing in Atlanta with Alphabet unit Waymo after offering the service in Austin, Texas, since March.
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