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Google faces off with US government in attempt to break up company in search monopoly case
Google confronts an existential threat Monday as the U.S. government tries to break up the company as punishment for turning its revolutionary search engine into a ruthless monopoly. The drama will unfold in a Washington courtroom during the next three weeks during hearings that will determine how the company should be penalized f[...]
Google’s digital ad network declared an illegal monopoly, joining its search engine in penalty box
SAN FRANCISCO (AP) — Google has been branded an abusive monopolist by a federal judge for the second time in less than a year, this time for illegally exploiting some of its online marketing technology to boost the profits fueling an internet empire currently worth $1.8 trillion. The ruling issued Thursday by U.S. District Judge L[...]
Meta CEO Mark Zuckerberg takes the stand in historic antitrust trial
WASHINGTON (AP) — A historic antitrust trial began Monday for Meta Platforms Inc. in a case that could force the tech giant to break off Instagram and WhatsApp, startups it bought more than a decade ago that have since grown into social media powerhouses. The trial is bringing Meta CEO Mark Zuckerberg into federal court in Washing[...]
The Latest: El Salvador’s president says he won’t release Kilmar Abrego Garcia back to the US
President Donald Trump ’s top advisers and Nayib Bukele, the president of El Salvador, said Monday that they had no basis for the small Central American nation to return Kilmar Abrego Garcia, a Maryland man who was wrongly deported there last month. Trump administration officials emphasized Abrego Garcia, who was sent to a notorio[...]
Trump’s commerce secretary says new electronics tariff exemptions are temporary, chip tariffs coming
NASHVILLE, Tenn. (AP) — Tariff exemptions announced Friday on electronics like smartphones and laptops are only a temporary reprieve until the Trump administration develops a new tariff approach specific to the semiconductor industry, U.S. Commerce Secretary Howard Lutnick said Sunday. “They’re exempt from the reciprocal tariffs b[...]
Microsoft says it’s ‘slowing or pausing’ some AI data center projects, including $1B plan for Ohio
Microsoft said it is “slowing or pausing” some of its data center construction, including a $1 billion project in Ohio, the latest sign that the demand for artificial intelligence technology that drove a massive infrastructure expansion might not need quite as many powerful computers as expected. The tech giant confirmed this week[...]
As markets implode, US trading partners puzzle over whether there’s room for negotiations
BRUSSELS (AP) — America’s trading partners wrestled with responses to U.S. President Donald Trump's blast of tariff hikes and some planned to send negotiators to Washington, while the head of the European Union’s executive commission offered mutual reduction of tariffs - while warning that retaliation was an option too. “We stand[...]
Digital tools improve workflow, efficiency for CPAs
When David Chase started working as a certified public accountant 25 years ago, he and his colleagues kept documents in big paper binders, the kind high school students commonly used in the 1970s and 1980s. “The client would give you their paperwork, you’d make copies, put them in three-ring binders and work with pencils,” says Ch[...]
Lawmakers grapple with Virginia’s increasing energy demand
Virginia faces a dilemma. Data center developers are clamoring to build in Virginia with the sort of zeal typically reserved for hipsters attempting to win admittance into secret speakeasies. Residents of some Virginia localities have fought mightily against data center growth, citing environmental concerns and increased demand fo[...]
Waymo plans to bring its driverless taxis to Washington in 2026
Waymo on Tuesday added Washington to its pioneering robotaxi service's steadily expanding list of U.S. markets, although passengers will have to wait until next year until they can take a driverless ride around the nation's capital city. For now, Waymo's robotaxis will continue to map Washington's streets and corridors with a safe[...]
Stock market today: Back down goes Wall Street as Big Tech resumes its slide
NEW YORK (AP) — Wall Street swung back down on Tuesday, and its former superstars once again led the way. The S&P 500 dropped 1.1% for its latest swerve in a scary ride, where it tumbled by 10% from its record and then rallied for two straight days. The Dow Jones Industrial Average fell 260 points, or 0.6%, and the Nasdaq comp[...]
Google to buy cybersecurity firm Wiz for $32B in largest deal in company’s history
SAN FRANCISCO (AP) — Google has struck a deal to buy cybersecurity firm Wiz for $32 billion in what would be the tech giant's biggest-ever acquisition at the same time it's facing a potential breakup of its internet empire. The proposed takeover announced Tuesday is part of Google's aggressive expansion into cloud computing during[...]
Why let Big Tech destroy our climate?
As the globe struggles to meet current climate goals, a new threat is emerging. The threat is coming from Big Tech companies like Apple, Microsoft, Amazon, Alphabet (Google) and Meta (Facebook). Together, these companies represent a sector that dominates the market. At $3.6 trillion, Apple is now seven times the size of ExxonMobil[...]
Leadership: The Virginia Power 50 List
What does power mean? How do you determine who wields more than others? How can you measure an intangible but very real force? In our annual list of the 50 most powerful leaders in Virginia, we set out to do just that, considering the number of employees an executive leads, personal wealth and other metrics. Think of those selected[...]
Va. community colleges and businesses help fill in-demand jobs
Virginia had about 295,000 unfilled jobs as of November 2024, according to a U.S. Department of Labor report released in January, but it’s not as simple as sending people to job interviews to fill these positions. Gov. Glenn Youngkin’s administration notes that these are good jobs for skilled workers, but there are long-term labor[...]
Professional Services: Law firms not ready to jump headfirst into risky tech
Artificial intelligence continues to make headway into most industries, as C-suite professionals test AI-powered tools’ potential for cost savings and efficiency. Some people are even asking whether the speed of AI could finally kill off the billable hour. Not so fast, Siri. Clients often are not fans of the hourly billing model[...]
CoStar eliminates some jobs, but plans to add about 1,000 jobs
Arlington County-based real estate data and analytics company CoStar Group on Thursday announced several substantial changes to its Virginia workforce, including the elimination of some jobs and the addition of others. The company said it plans to fill more than 1,000 new positions predominantly in Richmond, including 500 new Home[...]
StartVirginia: Heard Around Virginia – February 2025 edition
Crystal City venture capital firm America’s Frontier Fund is among the nation’s first VC firms to secure approval for up to $175 million in matching capital under the Small Business Investment Company Critical Technology Initiative, a federal program aimed at boosting investment in tech areas vital to national security. This funding[...]
Va.’s first onshore wind farm sells power to Google
Even as political winds shift in Washington, D.C., a long-delayed onshore wind farm in Botetourt County might finally be sailing to completion. Charlottesville-based Apex Clean Energy announced in December 2024 that it has reached a deal for Google to purchase the full capacity of Rocky Forge Wind, a wind farm the Charlottesville[...]
STARTVIRGINIA: HEARD AROUND VIRGINIA
The second CvilleBioHub Device & Tech Expo will take place Jan. 30 at Northfork Research Park in Charlottesville. Registration is open, and participating companies include Luna Labs, Inbio, Cutagenesis, BrightSpec and others. Tickets are available at cvillebiohub.org. (News release) Joining a number of other Northern Virginia[...]
