Sen. Amy Klobuchar, a potential pick for U.S. Attorney General, said today that the Justice Department should consider asking for a breakup of Google as it pursues an antitrust case against the search giant. “In a serious monopolization action like this one, it’s important that a breakup remedy be on the table,” said Klobuchar, who is also the top ranking Democrat on the Senate Antitrust...
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Microsoft Is Charging Some Office 365 Customers 40% Extra to Test AI Features
Microsoft and other software companies that recently launched artificial intelligence features now face the hard part: getting customers to pay for the features, which are costly to operate. More than 600 of Microsoft’s largest customers, including Bank of America, Walmart, Ford and Accenture, have been testing the AI features in its Microsoft Office 365 productivity apps, and at least...
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MoonPay CEO, Other Executives Cashed Out Before Crypto Business Dropped
In November 2021, just as crypto prices were hitting all-time highs, MoonPay—a crypto payments startup that celebrities including Jimmy Fallon and Paris Hilton had praised for its non-fungible token “concierge” service— announced it had completed its first ever outside fundraising: an eye-popping $555 million round at a $3.4 billion valuation from investors including Tiger Global Management and Coatue Management.