(Bloomberg) -- The only thing that matters to Alphabet Inc. investors is whether it can get artificial intelligence right.Most Read from BloombergTrump Warns of Big Losses From Asset Sales During Property SlumpNYCB Flags Weaknesses in Loan Oversight and Names New CEOIndia’s Blowout GDP Based on Data Distortion That Masks SlowdownFed’s Preferred Inflation Metric Increases by Most in a YearThat was the message delivered this week as the company’s shares tumbled following news that Google’s flagshi
Meta Platforms decided against a partnership with Alphabet to use Google's Android XR platform for its virtual and mixed-reality Quest headsets, The Information reported on Friday. Google had suggested that Meta partnered with its new software platform that is being developed for virtual reality, augmented reality and mixed-reality headsets, the report said, citing a source involved in the talks. But such a partnership could thwart Meta CEO Mark Zuckerberg's plan to "own the next computational platform for AR, VR and mixed reality," according to the report.
Reddit's fate on the public markets may depend on whether it can hang with the tech giants that dominate digital advertising.