Tesla shares reached an all-time high of $489. 88 on December 16, up 3.1% for the day. The company's market value rose to $1.63 trillion, and Elon Musk's fortune reached $684 billion.
Tesla's board of directors earned over $3 billion in stock awards, significantly exceeding the value of competitors' awards. Elon Musk's brother, Kimbal, earned nearly $1 billion, while Ira Ehrenpreis and Robyn Denholm received $869 million and $650 million, respectively.
Nvidia is evaluating the possibility of increasing production capacity for its H200 chips after orders exceeded current production levels. This comes after Trump's statement allowing H200 exports to China, where companies like Alibaba and ByteDance have already shown significant interest.
A San Francisco resident gave birth in a Waymo self-driving taxi while en route to a medical center. Mother and baby arrived at the hospital safely and are doing well.
YouTube TV plans to launch over 10 new themed subscription plans in early 2026, including a sports package. It will provide access to major broadcasters and sports networks, as well as NFL Sunday Ticket and NFL RedZone options.
The U. S. Department of Defense has selected Alphabet Inc.'s Gemini for Government system to provide artificial intelligence capabilities for its civilian and military personnel. This platform, known as GenAI.mil, will help the military quickly analyze video and images.
Google is developing two categories of AI Gemini-powered smart glasses, set to arrive in 2026. The devices, co-created with Samsung and others, will work wirelessly with a smartphone.
US President Donald Trump has expressed concern about Netflix's planned $72 billion acquisition of Warner Bros. Discovery Inc. He noted that the combined company's large market share could create antitrust issues.
Amazon and Google have unveiled a joint multi-cloud service for reliable connectivity, allowing customers to create private, high-speed connections between computing platforms. This initiative comes after a massive outage at Amazon Web Services, which caused up to $650 million in losses for American companies.
The laying of several underwater internet cables through the Red Sea has not been completed as planned. Political tensions and security threats have made this route unsafe for commercial vessels.
The Irish media regulator Coimisiún na Meán has launched an investigation into the social network X for failing to remove illegal content. This is the first official investigation under the EU's Digital Services Act, and the company faces a fine of up to 6% of its annual global turnover.
Google is facing a lawsuit over allegations of using AI Gemini to illegally track users' personal messages in Gmail, chats, and video conferences. The lawsuit claims that Google secretly integrated Gemini into these applications, collecting data without consent.
Google plans to invest 5. 5 billion euros in the development of computing resources and operations in Germany over the next four years. The investment covers two data centers in the Frankfurt region, which is part of the company's ongoing commitment to Europe.
Meta, ByteDance, Alphabet, and Snap are accused of deliberately creating addiction in teenagers. A Los Angeles court ruling has allowed the cases to proceed, which could be of historical significance for the industry.
US stock indices rose to historical highs: Dow Jones by 0. 42%, S&P 500 by 0.89%, Nasdaq by 1.54%. The growth was supported by expectations of a meeting between Trump and Xi Jinping, as well as an expected 25 basis point Fed rate cut.
Google has launched an algorithm on its Willow quantum chip that outperformed supercomputers by 13,000 times. This paves the way for useful applications of quantum technology within five years.
Shares of Alphabet Inc. , Google's owner, fell by $100 billion in market capitalization after OpenAI announced its Atlas browser. Atlas is an AI-powered web browser built on ChatGPT, which is already running on Apple computers.
The US stock market is showing growth, approaching historical highs, as companies begin to report summer earnings. Shares of General Motors, RTX, Danaher, and Coca-Cola exceeded analysts' expectations, while some tech giants, such as Alphabet, are showing declines.
Google's cloud division has unveiled Gemini Enterprise, a new AI platform for automating office processes, which will cost $30 per month per user. This is direct competition with Microsoft Copilot and ChatGPT Enterprise, aimed at democratizing access to artificial intelligence.
YouTube will pay $24. 5 million to settle Donald Trump's lawsuit filed after his account was blocked in 2021. Of the total amount, $22 million will go to the Trust for the National Mall fund for furnishing the ballroom in the White House.
YouTube is lifting bans on channels for COVID-19 misinformation and the 2020 elections. The company cites pressure from the Biden administration and a change in its free speech policy.
Google has introduced an AI-powered mobile assistant that will provide tips during games. This is part of the company's strategy to increase user engagement with Android and the Play Store.
New iPhone 17 Pro, Pro Max, and iPhone Air models went on sale on September 19, along with Apple Watch SE, Watch Series 11, Watch Ultra 3, and AirPods Pro 3. Demand for Pro models is high, while the iPhone Air may not become a sales leader due to its shortcomings.
Google-owned YouTube celebrates its 20th anniversary, surpassing Disney in revenue and leading the US media market. The platform is actively implementing AI to expand content creators' capabilities.
Penske Media Corporation (PMC) has filed a lawsuit against Google, accusing the company of illegally using journalistic materials to create AI overviews.
Users worldwide are reporting massive outages of Google and YouTube services. Most problems occurred with Google Maps, Google Search, and Google Drive.
Google must pay $425. 7 million to nearly 100 million users for privacy violations. The corporation is considering the possibility of filing an appeal.
A US federal judge ruled that Google is not required to sell Chrome, but must share data with competitors. The company is prohibited from exclusive contracts.
Perplexity AI, an AI platform, offered 29 billion euros for Google Chrome browser. This happened amid an antitrust case in the US that could force Google to sell Chrome.
OpenAI is soon to release GPT-5, the next version of its AI model. Early testers note its capabilities but consider the leap from GPT-4 less significant than from GPT-3 to GPT-4.