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Google just reported another blockbuster quarter, with its fourth-quarter revenue soaring past Wall Street expectations,That said, you might not think it to look at the stock, which took a dip after Google announced it planned to double its capital expenditure in 2026, predicting it will spend between $175 billion and $185 billion — far beyond analysts’ prior expectations.Some upbeat numbers softened the blow, with Google’s search advertising and cloud business running hot. Google announced its annual revenue had exceeded $400 billion for the first time, while quarterly revenue hit $113.8 billion, above estimates of $111 billion. Google Cloud became a…

Law enforcement officers look out from a United States Immigration and Customs Enforcement (ICE) facility Oct. 21, 2025, in Portland, Ore. Jenny Kane/AP hide caption toggle caption Jenny Kane/AP PORTLAND, Ore. — U.S. immigration agents in Oregon must stop arresting people without warrants unless there’s a likelihood of escape, a federal judge ruled Wednesday. U.S. District Judge Mustafa Kasubhai issued a preliminary injunction in a proposed class-action lawsuit targeting the Department of Homeland Security’s practice of arresting immigrants they happen to come across while conducting ramped-up enforcement operations — which critics have described as “arrest first, justify later.” The department,…

Pandora, which is known for its iconic silver bracelets, is betting on a different precious metal in 2026 — platinum.The Danish jewelry brand will introduce platinum-plated versions of some of its best-selling bracelets this year to reduce its exposure to price-volatile silver, it said in a Wednesday press release.The platinum-plated range will extend to its charm selection in the second half of the year, it added.The company said in the press release that this decision was made after “the price of silver and gold has skyrocketed over the past year.””By introducing platinum-plated products, Pandora will reduce its reliance on sterling…

Elon Musk will have to sit for a deposition for lawyers to examine his role in dismantling USAID, a Maryland judge ruled.In an eight-page order released on Tuesday, US District Judge Theodore Chuang rejected a request from Musk and officials linked to the Department of Government Efficiency to forgo a deposition.It ordered him, along with former acting USAID director Peter Marocco and Department of State official Jeremy Lewin, to be deposed. Musk’s legal team had tried to use the “apex doctrine” to avoid the deposition, a rule that allows high-ranking government officials to avoid depositions in some situations.The deposition is…

President Donald Trump said Netflix and Paramount Skydance have called him about their fight over Warner Bros. Discovery — but he says he’s staying out of it.”I’ve been called by both sides,” Trump told “NBC Nightly News.” “It’s the two sides, but I’ve decided I shouldn’t be involved. The Justice Department will handle it.”This is a shift from what Trump said in December of last year.”They have a very big market share, and when they have Warner Bros., you know, that share goes up a lot so, I don’t know,” Trump said after Netflix made its bid for Warner Bros.…

The cuts at The Washington Post are brutal.They are brutal for the paper’s readers, who lose crucial coverage like sports and international reporting. And they are brutal for hundreds of Post employees, including lots of people whose work I pay to read with my Post subscription.The Post’s cuts have also led lots of people to point out the obvious — that Post owner Jeff Bezos, who is currently the world’s fourth-richest man, worth an estimated $261 billion, could easily fund the paper’s losses … forever, without ever noticing the tab.Jeff Bezos wealth in 2024: $194 billionJeff Bezos wealth in 2025:…

2026-02-04T22:25:43.572Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Alphabet’s stock fell 2% after it reported Q4 earnings on Wednesday. The parent company of Google is aggressively ramping up capital expenditures for AI infrastructure. All of Big Tech is spending more as the AI race continues. Alphabet is dramatically increasing its chip and data center spending this year, underscoring…

A veteran Paramount executive is leaving as David Ellison’s company shakes up its ad sales leadership.Chris Simon, a Paramount EVP of agency partnerships, is stepping down, three Paramount employees told Business Insider.Simon spent 31 years at the company, getting his start at CBS in the mid-’90s, and previously worked at USA Networks, according to his LinkedIn.Two Paramount staffers said the news was shared during a mid-afternoon meeting on Wednesday, led by Jay Askinasi, Paramount’s chief revenue officer, who joined the company in November.Karen Phillips, a 29-year company veteran whose title is also EVP of agency partnerships for Paramount Advertising, will…

Former U.S. District Judge Mark Wolf, pictured here, retired last year. Newly released records show a misconduct inquiry was underway that was terminated when he retired. Ricky Carioti/The Washington Post via Getty Images hide caption toggle caption Ricky Carioti/The Washington Post via Getty Images New information is emerging that could complicate the retirement last year of a prominent federal judge. Mark Wolf, 79, retired from the federal district court in Massachusetts last November, after more than 40 years of service. He penned an essay in The Atlantic tying his departure to actions by President Trump. “My reason is simple: I…

2026-02-04T21:51:40.774Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. The Washington Post let go of hundreds of staff Wednesday in a major restructuring. The cuts are hitting desks across the newsroom, including sports, foreign affairs, and books. The Post is offering some staffers a couple of months more on payroll and severance pay tied to tenure. Hundreds of…