Thursday, May 8, 2025

Alphabet's share price plunges on traffic drop testimony

Shares in Google parent Alphabet plunged more than seven percent on Wednesday after an Apple executive told a federal court that the search engine's traffic fell on Apple products last month. Cue told the court this would have a significant impact on Apple's ability to invest in new products and services.

from Tech-Economic Times https://ift.tt/6zvt0fk

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...