Tech Giants Navigate Financial Challenges Amid Economic Shifts

Earnings wrapups from Alphabet: investors just want to know when the AI is coming. From Apple: they’re still not planning any layoffs. From Amazon: Look, AWS is still a beast. And in the Weekend Longreads suggestions: the startup that wants to bring back the Dodo, Jurassic Park style.

Links:

• AI will help Google parent Alphabet navigate a challenging macro environment, say analysts (MarketWatch)
• Google Shares Slip after Sales Miss as Advertising Demand Slows (Bloomberg)
• Apple Sales Shrink as Pandemic Rally Ends for iPhone Maker, Other Tech Giants (WSJ)
• Amazon stock falls as least profitable holiday quarter since 2014 leads to its worst annual loss on record (MarketWatch)
• Google invests $300mn in artificial intelligence start-up Anthropic (Financial Times)

Weekend Longreads Suggestions:

• The generative AI revolution has begun—how did we get here? (ArsTechnica)
• Who will compete with ChatGPT? Meet the contenders | The AI Beat (VentureBeat)
• The Difference Between Speaking and Thinking (The Atlantic)
• A de-extinction company is trying to resurrect the dodo (MIT Technology Review)
• A Calculated Move: Calculators Now Emulated at Internet Archive (Internet Archive Blogs)

Learn more about your ad choices. Visit megaphone.fm/adchoices