Business Highlights: AI tool for adoption matchmaking; Fortnite maker takes Google to court

NEW YORK — Former social worker Thea Ramirez has developed an artificial intelligence-powered tool that she says helps social service agencies find the best adoptive parents for some of the nation’s most vulnerable kids. But an Associated Press investigation has found that the Family-Match algorithm has produced limited results in the states where it has been used, raising questions about the ability of artificial intelligence to solve such enduring human problems.

SAN FRANCISCO — Google on Monday confronted the second major U.S. antitrust trial in two months to cast the internet powerhouse as a brazen bully that uses its immense wealth and people’s dependence on one of its main products to stifle competition at consumers’ expense.

NEW YORK — Stocks drifted to a mixed close as Wall Street’s wild recent moves calm a bit. The S&P 500 rose 0.2% Monday in its first trading after careening from months of sharp losses to its best week of the year. The Dow added 34 points, and the Nasdaq composite rose 0.3%. More stocks fell than rose. The flashpoint for the stock market’s movements in both directions has been what the bond market is doing, and it regressed a bit Monday following its own extreme moves.

NEW YORK — Former President Donald Trump is vigorously defending his wealth and his business as he testifies in a civil fraud lawsuit accusing him of dramatically inflating his net worth. He suggested on Monday that the New York judge hearing the case was biased against him and he called the state attorney general who brought the case a “political hack.

NEW YORK — Trading in shares of WeWork has been halted as rumors swirl that the office sharing company, once valued as high as $47 billion, will seek bankruptcy protection. The specter of bankruptcy has hovered over WeWork for some time. Over the summer, the New York company sounded the alarm over its ability to remain in business and later announced plans to renegotiate nearly all of its leases. But cracks had begun to emerge several years ago.

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Google goes to court with Fortnite developer over app pricing disputesChristopher Hutton is a technology reporter for the Washington Examiner covering Big Tech companies like Facebook and X as well as the regulatory efforts by Washington to rein in the tech companies. He previously wrote for a number of other outlets, including Daily Dot, Pando Daily, Religion Unplugged, and other outlets.
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This Week in Business: Consumer borrowing, consumer sentiment, small business updateThe Federal Reserve delivers its monthly snapshot of U.S. consumer borrowing on Tuesday. A monthly index that tracks small firms’ view of the U.S. economy and their business prospects is due out Thursday. The University of Michigan releases its preliminary report on consumer sentiment for November on Friday.
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Google makes money off of the iPhone even if it’s not Apple’s default search engineOnline search for 'iPhone' is a very lucrative business for Google, and it has nothing to do with Google Search being the default on Safari.
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