Google is killing millions of web links to save a few bucks
Google is about to create a deluge of busted links.
The company announced plans to nuke a decade of online links later this month created with its 'link shortener' technology. Websites, blogs, social media users and book authors had used the 'goo.gl' format to create mirror website links that were saved on Google's computers for preservation or other purposes.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Geek Wire
3 minutes ago
- Geek Wire
Microsoft cuts another 40 jobs in Washington state, continuing layoffs amid AI investment surge
Microsoft has laid off more than 15,000 people globally since May. (GeekWire File Photo / Todd Bishop) Microsoft laid off another 40 employees in Washington, bringing the total number of job cuts in its home state to 3,160 since May, according to a public filing. These latest cuts are on a much smaller scale than those made by Microsoft in May and July, when it eliminated 1,985 and 830 positions in the state, respectively, as part of broader layoffs that impacted more than 15,000 people globally. Microsoft confirmed that these cuts are separate from the prior reductions. The company declined to provide details about the teams, roles, or regions impacted. 'Organizational and workforce changes are a necessary and regular part of managing our business,' a Microsoft spokesperson said in a statement. 'We will continue to prioritize and invest in strategic growth areas for our future and in support of our customers and partners.' The company said it is providing severance packages and outplacement services to affected employees, including career counseling and job search support. Microsoft noted that some laid-off workers have transitioned to other roles at the company. The layoffs coincide with record capital spending on AI infrastructure, with the company investing more than $30 billion this quarter alone, in part to expand capacity for training and running AI models. Rising capital expenditures have created pressure to reduce operating costs through workforce reductions. The ongoing layoffs have created tension inside Microsoft's workplace culture, with some employees expressing concern about job insecurity and what some see as an erosion of the more compassionate environment under CEO Satya Nadella. In a company-wide memo July 24, Nadella acknowledged the 'uncertainty and seeming incongruence' of cutting jobs while simultaneously making record investments in AI infrastructure, calling the layoff decisions 'among the most difficult we have to make.' Microsoft's global headcount held steady at 228,000 over the past year, according to its annual 10-K filing. That reflected an initial round of layoffs in May, prior to larger cutbacks in July, even as the company continues to hire in some areas. The company briefly surpassed a $4 trillion market value after a blockbuster earnings report last week, becoming only the second company to reach that mark. Its stock closed Monday up 2.2%, at a market value of $3.98 trillion.
Yahoo
14 minutes ago
- Yahoo
Palantir Reports Sales Up 48%, Cites ‘Astonishing' AI Impact
(Bloomberg) -- Palantir Technologies Inc. reported a 48% increase in revenue for the second quarter to more than $1 billion, citing the 'astonishing impact' of artificial intelligence technology on its business. PATH Train Service Resumes After Fire at Jersey City Station Chicago Curbs Hiring, Travel to Tackle $1 Billion Budget Hole Seeking Relief From Heat and Smog, Cities Follow the Wind Mayor Asked to Explain $1.4 Billion of Wasted Johannesburg Funds The data software company also raised its revenue outlook for the full year to a range of $4.14 billion to $4.15 billion, exceeding analysts' prior expectation of $3.91 billion. The shares gained about 3.5% in extended trading after closing at $160.66 in New York. Denver-based Palantir has seen its stock price surge more than 500% over the past year — buoyed by high expectations from investors, growth in demand for AI tools, and a deep reach into both the private and public sectors. The company's $1 billion revenue in the period ended June 30 exceeded analysts' average estimate of $939 million. Growth was particularly strong in the US, where sales jumped 68% to $733 million, the company said Monday in a statement. Palantir said adjusted earnings per share for the quarter were 16 cents, exceeding analyst expectations of 14 cents. In a letter to shareholders, Chief Executive Officer Alex Karp lingered on the company's at-times tenuous relationship with Wall Street. 'The skeptics are admittedly fewer now, having been defanged and bent into a kind of submission,' he wrote. He also said that AI breakthroughs had helped fuel Palantir's growth, pointing to the development of large language models and the chips required to power them. Going forward, Karp said that Palantir planned to be the 'dominant software company of the future,' and added, 'the market is now waking up to this reality.' The company's US government revenue climbed 53% in the quarter to hit $426 million. Meanwhile, its revenue from commercial contracts in the US climbed even quicker, rising 93% for the year to hit $306 million. The 'outperformance' in Palantir's US commercial business is a key indicator of robust demand, particularly for the company's AI products, Jordan Berger, an analyst at Third Bridge, said in a note. 'We continue to hear from experts that Palantir maintains unique market positioning for monetizing AI technology amid a noisy, crowded, and hype-laden market, and the company's Q2 2025 performance further validates that sentiment,' Berger said. Palantir has long played a role as a key US government contractor, working with both the US military, those of allied countries like Ukraine, and partnering with new defense tech startups. The company solidified its relationship with the Pentagon during the quarter, striking new deals with the US Space Force and US Army, executives said during a conference call after the results. Palantir also consolidated 15 prime contracts and 60 related contracts with the Army into one single deal — a 10-year, $10 billion arrangement. While the agreement was designed to cut costs for the government and didn't boost the company's bottom line, it could provide a template for future federal deals, analysts said. In his letter to shareholders, Karp emphasized Palantir's commitment to defense tech, writing that the US is 'the most consequential country in the West,' and adding, 'it must be protected.' Karp ended the call with a message to retail investors, thanking them for their support and urging them to be kinder to analysts who doubted Palantir. 'Stop talking to all the haters. They're suffering,' he said. (Updates with analyst's comments in the ninth paragraph.) AI Flight Pricing Can Push Travelers to the Limit of Their Ability to Pay Government Steps Up Campaign Against Business School Diversity What Happens to AI Startups When Their Founders Jump Ship for Big Tech How Podcast-Obsessed Tech Investors Made a New Media Industry Everyone Loves to Hate Wind Power. Scotland Found a Way to Make It Pay Off ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
32 minutes ago
- Yahoo
AMD & Pfizer earnings, ISM services data: What to Watch
Market Domination Overtime host Josh Lipton takes a look at the top stories for investors to watch on Tuesday, Aug. 5. In the morning, Caterpillar (CAT) and Pfizer (PFE) will announce earnings results. Advanced Micro Devices (AMD), Amgen (AMGN), Snap (SNAP), and Rivian (RIVN) will announce results in the afternoon. In the morning, Institute for Supply Management (ISM) services data for July will be released. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime. Time now for what to watch Tuesday, August 5th. Gonna start off on the earnings front. Big names reporting on Tuesday, including Pfizer and AMD. Pfizer announced results for the second quarter in the morning. Pharmaceutical company's drug pipeline in focus for investors with some key patents expiring in the coming years. Pfizer trying to offset that loss with a $7.2 billion cost cutting plan. The company says it has a pipeline of new drugs coming, but data on how effective those will be remains to be seen. And moving over to AMD, the semiconductor company reporting second quarter earnings after the market's closed on Tuesday, and was expecting the company to post strong results for Q2, driven by its ramp up of AI chips, which could significantly boost revenue, especially if export restrictions to China ease. And taking a look at the economy, monthly ISM services data for July coming out on Tuesday. Cons forecasting that number rise to 51.5, signaling that the service sector is growing and there's steady demand from consumers and businesses.
