Hamza Shaban
Hamza Shaban is a reporter for Yahoo Finance covering markets and the economy. He focuses on technology, media, and telecommunications industries. Prior to joining Yahoo Finance, he was a breaking news reporter at The Wall Street Journal where he covered business and financial news. Hamza has also reported for The Associated Press in Washington D.C., covering politics and government affairs. His work has appeared in various publications including The New York Times, Los Angeles Times, and USA Today.
82%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
90%
Examples:
- The author occasionally uses biased language to portray Iger as a hero who has repelled a coup and saved Disney from external threats.
Conflicts of Interest
90%
Examples:
- Google commands more than 90% of the market, dwarfing the 4% claimed by rival Microsoft's (MSFT) Bing.
Contradictions
85%
Examples:
- Apple pays Google around $18 billion a year for being the default search engine in Safari.
Deceptions
65%
Examples:
- But OpenAI and Big Tech rivals are surging ahead. They are deploying new AI services as forays against Mountain View’s search empire.
- The troubled debuts shaped a narrative that Google’s rush to plant its AI flag reflected mismanagement and strategic weakness.
Recent Articles
Apple's AI Focus: Unveiling Apple Intelligence, Partnership with OpenAI, and the Future of AI-Powered Devices
Broke On: Saturday, 15 June 2024Apple unveiled its generative AI offering, Apple Intelligence, at its Worldwide Developers Conference, integrating it with Siri and ChatGPT. iOS 18 features include text message scheduling and customizable home screens. Apple's partnership with OpenAI brings free ChatGPT access to iPhone users later this year, potentially impacting Google search traffic. Amazon Prime Members Gain Access to Free Food Delivery through Grubhub: Expanding Partnership Benefits
Broke On: Thursday, 30 May 2024Amazon Prime members now enjoy expanded benefits with free food delivery through Grubhub, adding to existing perks like Prime Video, Music, RxPass, and unlimited grocery delivery. Eligible orders over $12 grant free deliveries for Prime members on Amazon's website and app. The partnership builds upon Amazon's 2% stake in Grubhub's parent company (Just Eat Takeaway.com), offering a wider range of food options. Google's AI Search Engines: Opportunities and Challenges for Digital Media Publishers
Broke On: Wednesday, 22 May 2024Google's dominance in the search engine market and recent algorithm updates, including the emergence of AI-generated responses, have publishers concerned about decreased website traffic and ad revenue. The potential for bias and manipulation in these systems raises questions about information dissemination and diversity in viewpoints. Publishers must adapt by focusing on creating high-quality, engaging content to thrive in this new digital media landscape. Amazon's Record-Breaking Q1 Earnings: 10.7% Operating Margin, Tripled Operating Income, and Growing AWS and Digital Advertising Revenue
Broke On: Tuesday, 30 April 2024Amazon reported record-breaking first-quarter earnings in 2024, with a 10.7% operating margin driven by cost-cutting measures and growth in higher-margin businesses like AWS, where revenue increased by 17%. Net income jumped over 200% to $10.4 billion due to strong performance in retail and digital advertising. Prime Video, with over 200 million monthly viewers, secured deals with influencers like MrBeast for reality-series and contributes significantly to ad revenue. Alphabet Surges Past $2 Trillion Market Cap on Strong Q1 Earnings and AI Investments
Broke On: Saturday, 27 April 2024Alphabet reports Q1 revenue of $80.5B, a 15% YoY growth, surpassing analysts' expectations and leading to a new market cap record of $2 trillion. Google's CEO Sundar Pichai attributes the success to Search, YouTube, and Cloud. The company announces its first dividend payment and authorizes a new $70B stock repurchase program. Alphabet's Q1 Earnings Surge: $23.7B Profit, $70B Share Buyback, and AI-Powered Growth in Google Cloud
Broke On: Thursday, 25 April 2024Alphabet, Google's parent company, reported impressive Q1 earnings of over $80.5 billion in revenue and nearly $23.7 billion in profit, driven by investments in AI and a $70 billion share buyback. CEO Sundar Pichai attributed success to AI products Gemini and expanding search capabilities monetization. Disney CEO Bob Iger Wins Proxy Battle Against Activist Investor Nelson Peltz
Broke On: Friday, 05 April 2024Disney CEO Bob Iger has won a proxy battle against activist investor Nelson Peltz after a contentious campaign that focused on issues such as corporate succession planning, woke entertainment, streaming strategy and profits for ESPN's direct-to-streaming future.