blue-chip index consisting of the 100 major companies trading on NASDAQ
Aaron Sorkin to write film about January 6 and Facebook disinformation: The Social Network screenwriter is returning to digital chaos for a new film about how ...
theguardian.com/culture/2024/apr/26/aaron-sorkin-january-6-film
Quick Glance: Aaron Sorkin Writing Potential Social Network Sequel
- Oscar-winning screenwriter Aaron Sorkin reveals he is working on a new movie that could be a follow-up to The Social Network.
- Sorkin blames Facebook for January 6 and plans to address how social media is impacting democracy.
- He criticizes Facebook for tuning its algorithms to promote divisive content to increase engagement, neglecting the balance between growth and integrity.
- While Sorkin's representatives have not responded yet, sources mention the project is in early stages of development with no attached studio.
Tesla slashes car and self-driving software prices after chaotic week: Three models are $2,000 cheaper in the US, while the self-driving software now costs $8 ...
businessinsider.com/tesla-slashes-prices-suv-cars-self-driving-software-before-earnings-2024-4
Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
- Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.
- Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.
- Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.
- Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
Tesla axed its entire marketing team—here’s why that matters: It a reminder of just how little Tesla has invested in its own brand beyond Elon Musk.
fastcompany.com/91113609/tesla-axed-its-entire-marketing-team-heres-why-that-matters
Asana CEO accuses Tesla of being the next 'Enron': Asana founder Dustin Moskovitz called Tesla the next "Enron" and speculated that people "are going to jail at ...
businessinsider.com/asana-ceo-dustin-moskovitz-tesla-accusations-enron-sec-2024-4
After a video image of Mark Zuckerberg went viral, all of a sudden people care a lot about how he looks. A doctored version of the photo with Zuckerberg ... Show more
The Meta-morphosis of Mark Zuckerberg - The New York Times
The Meta-morphosis of Mark Zuckerberg - The New York Times
Wall Street sees Google stock rallying to $200 because maybe Google can win AI after all
qz.com/google-stock-rally-ai-search-wall-street-analysts-1851438633
U.S. chip bans not meant to hobble China's growth, Blinken says: U.S. export controls on sending advanced computing chips to China are not meant to hold back ...
reuters.com/technology/us-chip-bans-not-meant-hobble-chinas-growth-blinken-says-2024-04-26/
Microsoft reported its fiscal third quarter earnings, beating analysts estimates on the top and bottom line
“Microsoft Copilot and Copilot stack are ... Show more
Microsoft beats Q3 top and bottom lines on cloud strength
Microsoft beats Q3 top and bottom lines on cloud strength
Sequoia commits to backing Elon Musk’s xAI start-up: Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivals
ft.com/content/fc8355e6-3219-4681-a4da-73feca50cd8a
Quick Glance: Sequoia backs Elon Musk’s xAI venture
- Sequoia Capital, a well-known venture capital firm in Silicon Valley, has committed to supporting Elon Musk's artificial intelligence start-up xAI to help him raise billions and compete with OpenAI, Meta, and Google.
- The exact amount of Sequoia's investment in xAI remains undisclosed.
- Sequoia, an early investor in Google, YouTube, and Apple, has backed several Musk projects in recent years, including The Boring Company and SpaceX.
DJT Stock Rises. Trump Media Ramps Up Fight Against Short Sellers.: Trump Media, the parent of the Truth Social platform has written to the chair of the Nasdaq ...
barrons.com/articles/djt-stock-price-donald-trump-media-truth-social-1d639bdf
Paid articlePaid
Tesla’s Most Crucial Metric Drops to the Lowest in Three Years: The metric Tesla Inc. told investors early last year was most important to its executives is in ...
bloomberg.com/news/articles/2024-04-26/tesla-s-most-crucial-metric-drops-to-the-lowest-in-three-years
Microsoft plans to spend even more on AI infrastructure: The company shelled out nearly $11 billion for property and equipment in the third quarter — 66% more ...
businessinsider.com/microsoft-plans-spend-more-ai-infrastructure-capex-earnings-azure-chips-2024-4
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Meta's median pay for employees is $379,000 a year: Meta's median salary is significantly higher than many tech jobs, though on par with rivals like Google and ...
businessinsider.com/meta-median-yearly-pay-employee-2024-4
Sam Altman, Jensen Huang, and the 20 other leaders on the new AI safety board: The AI board will advise the Department of Homeland Security on safely and ...
qz.com/sam-altman-jensen-huang-ai-safety-board-biden-security-1851438417
Tesla stock bounces back after a dreadful few months marked by layoffs and tanking sales
qz.com/tesla-stock-ev-elon-musk-wealth-bounces-back-1851438895
Mary J. Blige found her strength and now wants to help other women find their own
ctvnews.ca/entertainment/mary-j-blige-found-her-strength-and-now-wants-to-help-other-women-find-their-own-1.6863499
How a Chicken Sandwich Shows a Hidden Power in the U.S. Economy: A surprising surge in productivity at restaurants and other businesses has helped the nation ...
barrons.com/articles/economy-productivity-recession-22fc540b
Paid articlePaid Mark Zuckerberg asked for patience during Meta's earnings meeting and the stock market responded. The company saw $170 billion worth of equity wiped out ... Show more
trib.al
trib.al
The Chips Act has been surprisingly successful so far: More than halfway through its incentives spending, the US will have far greater scope to manage shocks
ft.com/content/26756186-99e5-448f-a451-f5e307b13723
Tesla's plan for affordable cars takes page from Detroit rivals: Elon Musk's new plan to use current product lines as the basis for new affordable vehicles — ...
reut.rs/3w6qYzd
Who could buy TikTok?: The clock has begun ticking for TikTok to find a new owner.
cnn.com/2024/04/25/tech/who-could-buy-tiktok/
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
- ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.
- TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.
- ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.
- After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
Stock Markets Today: BOJ decision, ECB easing call, Big Tech, Trump: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-26/stock-markets-today-boj-decision-ecb-easing-call-big-tech-trump
'Challengers' review: Prepare to get hot and bothered: Zendaya, Mike Faist and Josh O'Connor are tennis players in and out of love in “Challengers ...
apnews.com/article/challengers-movie-review-zendaya-cec4315880486ff93454e22bc14b7d6c
Zuck on Meta's plans: 'I think smart investors see... that there is a clear monetizable opportunity there.' 💡
Tesla Is Not the Next Ford. It’s the Next Con Ed.: Elon Musk’s EV empire is crumbling.
theatlantic.com/technology/archive/2024/04/tesla-cars-batteries-power-company/678168/
Federal regulators accuse Amazon executives of deleting messages: The Federal Trade Commission is accusing Amazon founder Jeff Bezos and others of using ...
washingtonpost.com/technology/2024/04/26/amazon-ftc-messages-deleted-bezos/
Don’t be gloomy about Tesla and its EV rivals: The industry has had a terrible few months. But demand is likely to pick up
economist.com/leaders/2024/04/24/dont-be-gloomy-about-tesla-and-its-ev-rivals
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
cnbc.com/2024/04/24/meta-loses-200-billion-in-value-zuckerberg-focuses-on-ai-metaverse.html
Quick Glance: Meta Invests Heavily in Artificial Intelligence
- Meta focuses on AI to enhance app appeal
- The smart glasses with AI capabilities aim to attract users
- Meta envisions AI assistants for complex tasks in communication
- Meta aims to become a global leader in AI, despite significant investments
With the introduction of AI Facebook may finally reach its target to ‘improve the world’
dailymaverick.co.za/article/2024-04-24-with-the-introduction-of-ai-facebook-may-finally-reach-its-target-to-improve-the-world/
The parent of Facebook and Instagram lost some $150 billion in market value after CEO Mark Zuckerberg said the company is going to invest aggressively in AI ... Show more
Sundar Pichai shows doubters he's right general for Google's AI battle: Alphabet's blockbuster first-quarter earnings and first dividend sent its stock soaring ...
businessinsider.com/sundar-pichai-google-wartime-general-alphabet-ai-battle-earnings-2024-4
Regeneron to collaborate on gene editing therapies with Doudna-founded Mammoth: Regeneron Pharmaceuticals and Mammoth Biosciences will collaborate to research ...
reuters.com/business/healthcare-pharmaceuticals/regeneron-collaborate-gene-editing-therapies-with-doudna-founded-mammoth-2024-04-25/
Elon Musk Says Tesla’s Humanoid Optimus Robot Could Launch Next Year—Here's What Experts Think
go.forbes.com/c/73PB
'Worse Than the First': Velma Season 2 Shredded by Critics and Viewers: The second season of Velma is getting some harsh criticism after its quiet ...
cbr.com/velma-season-2-shredded-max/
Meta and Tesla: A Tale of 2 CEOs. Why Musk’s AI Plan Trumps Zuckerberg’s, and 5 Other Things to Know Before Markets Open.
barrons.com/articles/meta-tesla-stock-what-to-know-today-29ea8baa
Paid articlePaid
Microsoft is "doubling down" on cybersecurity after China, Russia hacks, CEO says
axios.com/2024/04/26/microsoft-earnings-cybersecurity-hacks
Donald Trump Campaign Accused of Spamming People With Unsolicited Emails: Through a third-party blog, individuals are receiving unsolicited campaign emails aimed ...
newsweek.com/donald-trump-campaign-spam-emails-presidential-election-1893591
Biden administration taps tech CEOs for AI safety, security board: The Artificial Intelligence Safety and Security Board includes figures like OpenAI CEO Sam ...
nbcnews.com/tech/tech-news/ai-safety-board-biden-sam-altman-openai-security-microsoft-alphabet-rcna149531
Oracle to leave Austin, move headquarters to Nashville: Move reinforces questions about whether Texas is losing its edge when it comes to recruiting companies ...
houstonchronicle.com/business/article/oracle-austin-nashville-headquarters-19422074.php
Marriott Vacations, Carrols Restaurant Group, and More Stocks See Action From Activist Investors
barrons.com/articles/marriott-vacations-carrols-restaurant-group-and-more-stocks-see-action-from-activist-investors-73a0faee
Paid articlePaid Alphabet Stock Gets AI Boost. How a New $2 Trillion Market Value Could Overtake Nvidia.
barrons.com/articles/alphabet-stock-nvidia-ai-market-value-b1316cfe
Paid articlePaid Jefferies' CEO sold millions in stock to buy himself a yacht: Rich Handler said the purchase was gift for himself and his family
qz.com/jefferies-ceo-rich-handler-stock-sale-yacht-purchase-1851435140
Paid articlePaid How to build a global business empire in the 21st century: Disney, Ford, Microsoft and the age of the quasi-merger
economist.com/business/2024/04/22/how-to-build-a-global-business-empire-in-the-21st-century
Tesla vs. Meta earnings prove the power of Musk's word despite failed promises: Elon Musk managed to turn around Tesla's stock slide with a couple promises.
businessinsider.com/tesla-meta-earnings-prove-power-of-musk-word-despite-promises-2024-4
Nvidia-backed artificial intelligence firm Synthesia on Thursday unveiled a new wave of AI-generated digital avatars that can convey human emotions using a ... Show more
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
Meta, Netflix and 2 Other Stocks May Be Bargains After Post-Earnings Slides: Shares of Meta Platforms, Netflix, Sherwin-Williams, and Caterpillar look cheap ...
barrons.com/articles/meta-stock-netflix-earnings-cb4f3067
Paid articlePaid Amazon unit plans to invest $11 billion to data center in Indiana: Amazon’s cloud computing unit Amazon Web Services plans to invest $11 billion to build a data ...
apnews.com/article/amazon-aws-indiana-data-center-planned-investment-ccdad82728a72025f37383e3811f13f6
Elon Musk Is a Once-in-a-Lifetime Leader. But Is He Really Worth 250 CEOs?: Tesla's record-breaking CEO pay was voided in court. The board just asked ...
inc.com/minda-zetlin/elon-musk-is-a-once-in-a-lifetime-leader-but-is-he-really-worth-250-ceos.html
Nvidia Stock Rises. What Microsoft and Google CEOs Said About Its Chips.: Microsoft and Alphabet's CEOs both called out their use of Nvidia chips in ...
barrons.com/articles/nvidia-stock-price-buy-sell-microsoft-google-a5d0e558
Paid articlePaid The Stock Market Is Flirting With Trouble. Watch These Key Price Levels.: The sell-off puts the S&P 500 just above a key support level and could spell trouble ...
barrons.com/articles/s-p-500-technical-support-correction-90845a21
Paid articlePaid The extraordinary accomplishment and treasure of the web is coming to an end, Judith Donath and Bruce Schneier argue, as “the advent of AI threatens to destroy ... Show more
It’s the End of the Web as We Know It - The Atlantic
It’s the End of the Web as We Know It - The Atlantic
It’s the End of the Web as We Know It - The Atlantic
It’s the End of the Web as We Know It - The Atlantic
Biden is giving $6 billion to Micron for a semiconductor project in upstate New York
npr.org/2024/04/25/1246888804/biden-chips-syracuse-micron
Thai Bourse Chair Quitting Seen as Prelude to Finance Chief Post: The Stock Exchange of Thailand Chairman Pichai Chunhavajira has resigned in a move seen ...
bloomberg.com/news/articles/2024-04-25/thai-bourse-chair-quitting-seen-as-prelude-to-finance-chief-post
Paid articlePaid Bill Gates and Sam Altman invest in nuclear power and you should too, financial adviser says
qz.com/bill-gates-sam-altman-nuclear-power-energy-stocks-1851432722
Former Tesla SVP Drew Baglino is selling $181.5 million worth of stock, SEC filing says
cnbc.com/2024/04/25/former-tesla-svp-drew-baglino-is-selling-181point5-million-worth-of-stock.html
G42 Allies With US Over China in Global AI Conflict: Abu Dhabi-based G42 found it could no longer play for both teams.
bloomberg.com/news/articles/2024-04-25/g42-allies-with-us-over-china-in-global-ai-conflict
Paid articlePaid DJT Stock Slips. Why Trump Media Doesn’t Trade Like Other Social-Media Companies.
barrons.com/articles/djt-stock-price-trump-media-truth-social-fbe03407
Paid articlePaid Breakingviews: TikTok’s fate matters only up to a point for Meta: The countdown clock is starting for TikTok, but Meta Platforms boss Mark Zuckerberg will only ...
reuters.com/legal/transactional/tiktoks-fate-matters-only-up-point-meta-2024-04-24/
Dye your hair... like Velveeta!: Velveeta's hair dye comes on the heels of a cheese-scented nail polish.
axios.com/2024/04/25/hair-dye-velveeta-cheese-gold-marketing
Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals
apnews.com/article/microsoft-amazon-anthropic-ai-investment-scrutiny-a52f6409fa6ee9b335ab6801b8e84cde
Quick Glance: UK Watchdog Scrutinizes AI Partnerships Involving Tech Giants
- Britain's competition watchdog is reviewing AI partnerships between Microsoft and Mistral AI, as well as between Amazon and Anthropic.
- Third-party opinions are being sought on Microsoft's hiring of former Inflection AI employees and related arrangements.
- The CMA is already investigating Microsoft's partnership with Open AI and is awaiting requested information from the companies.
- Views are invited until May 9 before formal investigations begin on the partnerships.
Mark Zuckerberg Only Made $1 in Salary in 2023— But Earned Over $24 Million in 'Other Compensation'
entrepreneur.com/business-news/what-is-meta-ceo-mark-zuckerbergs-salary-security-costs/473242
‘A Damn Hard Thing to Do’: Tesla Co-Founder JB Straubel Takes on Battery Recycling
bloomberg.com/news/articles/2024-04-25/-a-damn-hard-thing-to-do-tesla-co-founder-jb-straubel-takes-on-battery-recycling
Congress’ first tech crackdown in years is a gift to Big Tech: Meta and Google stand ready to reap a TikTok ban’s rewards.
washingtonpost.com/technology/2024/04/24/tiktok-ban-benefits-meta-google/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Musk moves Tesla's goalposts, investors happily move shares higher: It's the millions-of-robotaxis promise again – and all y'all buying it this time ...
theregister.com/2024/04/24/musk_moves_tesla_goalposts_back/
Tesla (TSLA): Can Musk’s Robotaxi Dream Help EV Maker Fix Its Troubles?: Tesla Inc. became one of the most valuable companies in the world by proving it was ...
bloomberg.com/news/articles/2024-04-24/tesla-tsla-can-musk-s-robotaxi-dream-help-ev-maker-fix-its-troubles
Meta Dismay: The Bloomberg Open, Asia Edition: Good morning. Meta plunges on a disappointing outlook. The yen weakens further. And a Klimt painting is sold at a ...
bloomberg.com/news/newsletters/2024-04-24/meta-dismay-the-bloomberg-open-asia-edition
Paid articlePaid
Tesla profits drop 55% as Elon Musk dodges cheap car questions: Tesla spent $1 billion on GPUs even as its profit margins shrank by half.
arstechnica.com/cars/2024/04/tesla-profits-drop-55-as-elon-musk-dodges-cheap-car-questions/
Why Are Men With Beards So Much More Attractive? We Have Answers.: With one fake beard, Mark Zuckerberg became an object of thirst.
huffpost.com/entry/why-do-beards-make-so-many-men-so-much-more-attractive_l_6627e6f9e4b096c7bac64da1
How soon can Tesla get its more affordable car to the market?: Shares jump after carmaker says it is looking to accelerate production of lower-price EVs
theguardian.com/technology/2024/apr/24/how-soon-can-tesla-get-its-more-affordable-car-to-the-market
Quick Glance: Tesla's Rapid Launch of Affordable Cars
- Tesla's plans for more affordable electric vehicles are moving closer.
- To accelerate production, Tesla is deviating from the Model 2 plan and opting for current manufacturing lines.
- The exact costs of the new models are still unclear, but the company anticipates achieving less cost reduction than previously expected.
- Production of the new vehicles could start as early as early 2025, if not late this year.
Uber and Lyft Stock Fall on Robotaxi Worries. That Doesn’t Make Sense.: Comments from Tesla CEO Elon Musk seem to be putting pressure on shares of the ...
barrons.com/articles/uber-lyft-stock-tesla-robotaxi-8a2cc67a
Paid articlePaid Elon Musk finally the 'adult in the room,' Tesla headed for growth: Wedbush: "Elon Musk finally stepped up as the adult in the room and laid the foundation for ...
markets.businessinsider.com/news/stocks/tesla-stock-price-elon-musk-q1-earnings-outlook-model-2-2024-4
Quick Glance: Elon Musk Leads Tesla to Growth: Wedbush
- Elon Musk is referred to as the 'adult in the room' and lays the foundation for Tesla's growth strategy, according to Wedbush analysts.
- Tesla stock could be headed for better days, as Elon Musk finally steps up as the 'adult in the room' to calm investors amidst various headwinds, noted Wedbush Securities analyst Dan Ives.
- The company particularly reiterated its guidance on the Model 2, a lower-cost electric vehicle set to roll out next year, eagerly awaited by Wall Street to boost sales. This cheaper model will be crucial for Tesla's success, focusing on sales volume in the near term, as highlighted by Ives.
- Despite short-term headwinds, Tesla is on a good trajectory in the long run, as mentioned by Wedbush. Ives added that the company has a 'golden vision' regarding its full self-driving technology, pivotal for Tesla's strategy over the next decade.
Tesla Is in Panic Mode. Can Elon Musk Turn the Company Around? : The carmaker's profits fell 55% in the first quarter of 2024. Elon Musk faces major challenges ...
time.com/6970399/tesla-stock-earnings-call-elon-musk/
Tesla needs to fire Elon Musk as CEO if it wants to save itself: Tesla is in trouble: sales are falling and competition from China is ramping up ...
businessinsider.com/tesla-fire-elon-musk-new-ceo-evs-china-sales-earnings-2024-4
Quick Glance: Elon Musk must be removed as CEO to save Tesla
- Tesla is struggling with declining sales, layoffs, and issues in China.
- Elon Musk is blamed for the company's state and his departure could save Tesla.
- Tesla has failed to craft a strategy for chaotic times, resulting in a shrinking market share in China.
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