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EU to investigate Apple, Google, Meta for potential Digital Markets Act breaches: EU antitrust regulators on Monday opened their first investigations under the ...
reut.rs/3TRzYkw
Apple, Google and Meta will be investigated for potential breaches of the Digital Markets Act, EU antitrust regulators said ... Show more
Apple, Google, Meta targeted in EU's first Digital Markets Act probes | Reuters
Apple, Google, Meta targeted in EU's first Digital Markets Act probes | Reuters
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Apple, Google, Meta targeted in EU's first Digital Markets Act probes: Apple , Alphabet's Google and Meta Platforms will be investigated for potential breaches ...
reut.rs/3TOSfPD
EU to investigate Apple, Google, Meta for potential Digital Markets Act breaches: EU antitrust regulators on Monday opened their first investigations under the ...
reut.rs/3TRzYkw
Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
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Apple has reportedly resumed talks with OpenAI to build a chatbot for the iPhone: Apple has resumed talks with OpenAI, the maker of ChatGPT, to build an ...
engt.co/3wd9tNE
Apple’s (AAPL) OpenAI Talks Intensify as It Seeks to Add AI Features: Apple Inc. has renewed discussions with OpenAI about using the startup’s technology to ...
bloomberg.com/news/articles/2024-04-26/apple-intensifies-talks-with-openai-for-iphone-generative-ai-features
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
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Meta value falls $190bn as investors react to plan to increase spending on AI: Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow ...
theguardian.com/technology/2024/apr/25/meta-value-falls-190bn-as-investors-react-to-plan-to-increase-spending-on-ai
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.
Meta's open source AI is a blow to Google and OpenAI: Mark Zuckerberg is ruining the market for his competitors with his open source strategy. Investors doubt ...
nzz.ch/technologie/facebook-konzern-meta-verschenkt-seine-kuenstliche-intelligenz-eine-kampfansage-an-google-und-openai-ld.1827392
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.
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.
Meet Thermonator, a Flame-Throwing Robodog That Can Light Fires, Melt Snow: You, or the US military, can now buy a 'wolfpack' of Thermonators that blast 30-foot ...
pcmag.com/news/meet-thermonator-a-flame-throwing-robodog-that-can-light-fires-melt-snow
Quick Glance: Thermonator: Robodog with Flamethrower
- Throwflame is selling the Thermonator, a robodog with a flamethrower for $9,420.
- The Thermonator can be remote-controlled, weighs about 37 pounds, and features environment sensing technology.
- The product can be used for controlled burns in agriculture, snow melting, or entertainment purposes.
- The robodog's flamethrower has a range of 30 feet but can be limited to 10 feet in certain states.
Alphabet set to surge past $2tn valuation as search giant announces first dividend
ft.com/content/23b4b384-5971-4f91-a9c9-8a779d10b6bc
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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.
Middle East: Dieter Hallervorden fights for Gaza: "Atrocities usually have a history. And no one is born a terrorist," writes Dieter Hallervorden in a Facebook ...
nzz.ch/feuilleton/wie-aus-einem-komiker-mit-opa-humor-ein-vorkaempfer-fuer-gaza-geworden-ist-ld.1827557
Android 15 Beta 1.2 released: After the patch is before the patch: Google recently distributed patch 1.1 for Android 15 on Pixel devices, now follows...
stadt-bremerhaven.de/android-15-beta-1-2-veroeffentlicht/
Microsoft and Alphabet enjoy AI-powered gains from cloud divisions: Combined market value of the two tech giants rose by more than $250bn after revenue growth ...
ft.com/content/f01c6852-8aa6-4cc0-991d-38f15077ba92
EU law on the “right to repair”: The end of a screwless world: For decades, Apple and other tech companies produced sleek, sealed devices with no screws in sight ...
spiegel.de/kultur/eu-gesetz-recht-auf-reparatur-vom-ende-einer-schraubenlosen-welt-a-45386ef9-89c5-4fde-b387-905ba1811698
Google Thinks It Can Cash In on Generative AI. Microsoft Already Has: While both Alphabet and Microsoft boasted strong quarterly earnings, only one tech giant ...
wired.com/story/microsoft-google-earnings-generative-ai/
Meta’s AI Spending Spree Is Boosting Chip, Networking, Server Stocks: Meta Platforms is headed for a phase of aggressive investments as it builds infrastructure ...
on.barrons.com/3wj7APn
Apple Drops to Fourth Place Smartphone Seller in China: International Data Corp. said Lunar New Year stimulated shopping sentiment, and in high-end devices ...
on.barrons.com/4aVzvUH
Tattooed woman mad about job rejection: A woman whose face is covered in tattoos and piercings has claimed she was denied a job at retailer TJ Maxx over her body ...
news.com.au/lifestyle/real-life/news-life/its-so-annoying-woman-claims-she-was-rejected-by-employer-over-tattoos/news-story/0db190395818979aa7926cb9378f6c0e
European Parliament votes to screw repair rights in consumer toolkits: Directive places requirements on gizmo vendors, but still needs formal approval
theregister.com/2024/04/24/europe_repair_rights_directive/
Meta Gets EU Warning Over Use of Sexual Orientation Data: Meta Platforms Inc.’s Facebook should be blocked from exploiting public information on a users’ sexual ...
bloomberg.com/news/articles/2024-04-25/meta-gets-eu-privacy-warning-over-use-of-sexual-orientation-data
Google parent Alphabet reclaims spot in $2 trillion valuation club: Alphabet breached the $2 trillion market value mark for the first time since November 2021 on ...
reuters.com/technology/google-parent-alphabet-reclaims-spot-2-trillion-valuation-club-2024-04-26/
Meet the AI Expert Advising the White House, JPMorgan, Google and the Rest of Corporate America
wsj.com/tech/ai/ai-expert-mollick-white-house-jpmorgan-google-d8fd440f
Threads has 150 million monthly users: Meta’s Threads app now has more than 150 million monthly users, an increase of about 20 million new users since February
engadget.com/threads-has-150-million-monthly-users-215853190.html
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
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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
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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/
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.
Kaiser Permanente shared 13.4M people's data with Microsoft Bing, Google, others: Ouch!
theregister.com/2024/04/26/kaiser_patient_data/
China vs. USA: TikTok controversy could strengthen democracy: China's stance on TikTok could inadvertently promote digital ethics and pave the way for stricter ...
t-online.de/digital/kolumne-nicole-diekmann/id_100392090/china-vs-usa-tiktok-kontroverse-koennte-demokratie-staerken.html
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
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Ads for Explicit ‘AI Girlfriends’ Are Swarming Facebook and Instagram: WIRED found thousands of ads running on Meta’s social platforms promoting sexually ...
wired.com/story/ads-for-explicit-ai-girlfriends-swarming-facebook-and-instagram/
Fast-fashion giant Shein is the latest to face EU's strictest digital regulations
qz.com/shein-to-face-stricter-eu-regulations-meta-tik-tok-amaz-1851439129
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🔴WATCH LIVE: Google Q1 2024 Earnings Call | $GOOG $GOOGL: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1zqKVqLXMlwxB
Meta share collapses sharply: This is now making investors very worried: Meta share falls 12.5% after quarterly figures, disappointed with outlook and cost ...
boerse-online.de/nachrichten/aktien/meta-aktie-bricht-deftig-ein-das-macht-anlegern-jetzt-grosse-sorgen-20356089.html
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/
Bitcoin falls below $64,000 as Meta, Microsoft and Google continue to drop: Slow economic growth and weak earnings reports in the tech sector have led to a ...
qz.com/bitcoin-ether-meta-ibm-microsoft-google-alphabet-1851435315
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Mark Zuckerberg says Threads has 150 million monthly active users: Threads, the Twitter/X rival from Meta, is growing at a stable pace. The social network now ...
techcrunch.com/2024/04/24/mark-zuckerberg-says-threads-has-150-million-monthly-active-users/
Apple is launching new iPads May 7: Here's what to expect from the 'Let Loose' event
engt.co/4dpuc1A
Stock Market Today: Dow, S&P Live Updates for April 25: Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether ...
bloomberg.com/news/articles/2024-04-24/stock-market-today-dow-s-p-live-updates
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Quick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
- Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.
- Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.
- Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.
- JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
Alphabet Leaps Into $2 Trillion Club as Results Show AI Strength: Alphabet Inc. jumped decisively above a $2 trillion market capitalization on Friday ...
bloomberg.com/news/articles/2024-04-26/alphabet-leaps-into-2-trillion-club-as-results-show-ai-strength
Five Things You Need to Know to Start Your Day: Americas: Good morning. Tech stocks struggle after Meta disappointment, earnings season continues apace and ...
bloomberg.com/news/newsletters/2024-04-25/five-things-you-need-to-know-to-start-your-day-americas
Alphabet’s (GOOGL) Cash Pile Raises Dividend Hopes on Wall Street: Alphabet Inc. is bringing in so much cash that hopes are rising it will take a page out of the ...
bloomberg.com/news/articles/2024-04-22/alphabet-s-cash-boom-is-raising-dividend-hopes-on-wall-street
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
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Apple announces event on May 7 amid reports of new iPad model launches: Apple will hold an event on May 7, the company said on Tuesday, amid reports that it ...
reuters.com/technology/apple-says-it-will-hold-event-may-7-2024-04-23/
Quick Glance: Apple announces event on May 7
- Apple will host an event on May 7, where the long-awaited revamped versions of the iPad Pro and iPad Air are expected to be revealed.
- These new models would signify Apple's first major overhaul of this product line since 2018, as iPad sales have decreased, prompting the company to introduce new products to stimulate demand.
- In the first quarter, iPad sales dropped by 25% to $7.02 billion, alongside a slowdown in iPhone sales.
- The event is scheduled to commence at 7 a.m. PT, corresponding to 2 p.m. GMT, and Apple is also preparing for its Worldwide Developers Conference from June 10 to June 14.
Microsoft, Snap, Meta, Amazon, AMD, and Other Tech Stocks in Focus Today: Microsoft and Alphabet stock jumped after earnings, while Nvidia, Snap, Amazon ...
barrons.com/articles/microsoft-snap-meta-amazon-amd-tech-stocks-today-cbcce48f
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Alphabet, Microsoft, Intel, Snap, Meta, Exxon, Chevron, and More Stock Market Movers
on.barrons.com/4bcBkfH
Google has delayed killing third-party cookies from Chrome (again): Google has once again delayed the phasing out of third-party cookies from Chrome ...
engt.co/49QKMnS
The Prompt: The Latest AI Startup To Face Reality: Plus: Mark Zuckerberg’s fake beard and AI-generated e-textbooks
forbes.com/sites/rashishrivastava/2024/04/23/the-prompt-the-latest-ai-startup-to-face-reality/
WhatsApp is enabling passkey support on iOS: WhatsApp users on iOS will soon have a more secure way to log in. Meta is rolling out passkey support for that ...
engadget.com/whatsapp-is-enabling-passkey-support-on-ios-182527962.html
Google accused of making it harder to search for rival: In a complaint to the EU, email firm Tuta says it suddenly became much less visible in Google search.
bbc.com/news/articles/ckv7jz9x1l9o
Meta AI tested: Doesn’t quite justify its own existence, but free is free: Meta’s new large language model, Llama 3, powers the imaginatively named “Meta AI ...
techcrunch.com/2024/04/26/meta-ai-tested-doesnt-quite-justify-its-own-existence-but-free-is-free/
Meta’s Earnings Need to Deliver. The Risk Is High.: Expectations—and the risk of a disappointment—are high as Meta Platforms, owner of Facebook and Instagram ...
on.barrons.com/3JzQKPe
Stock market today: GDP growth weaker than expected to start the year: The US economy grew at an annualized rate of 1.6% in the first three months of the year ...
markets.businessinsider.com/news/stocks/stock-market-today-q1-gdp-sp500-earnings-meta-microsoft-alphabet-2024-4
Apple's (AAPL) IPhone Sales in China Falls to Worst Level Since 2020: Apple Inc.’s iPhone sales in China fell 19% during the March quarter ...
bloomberg.com/news/articles/2024-04-23/apple-s-china-iphone-sales-dive-19-in-worst-quarter-since-2020
Apple loses top spot in China market with shipments down 6.6% in Q1, data shows: Apple lost its crown as China's biggest smartphone seller in the first quarter ...
reuters.com/technology/apple-loses-top-spot-china-market-with-shipments-down-66-q1-data-shows-2024-04-25/
DR Congo presses Apple over minerals supply chain, lawyers say: Democratic Republic of Congo is pushing Apple Inc for more information about its supply chain ...
reuters.com/markets/commodities/dr-congo-presses-apple-over-minerals-supply-chain-lawyers-say-2024-04-25/
Google fires more workers who protested its deal with Israel: An activist group says Google fired at least 20 more workers in the aftermath of protests over ...
apnews.com/article/google-israel-protest-workers-gaza-palestinians-96d2871f1340cb84c953118b7ef88b3f
Quick Glance: Google Fires More Employees Following Israel Deal Protests
- An activist group has reported that Google has terminated at least 20 more employees in response to protests over the technology supplied to the Israeli government amid the Gaza conflict, bringing the total number of dismissed employees to over 50.
- This serves as another indication of internal unrest at the tech giant, revolving around 'Project Nimbus,' a $1.2 billion contract signed in 2021 for Google and Amazon to provide cloud computing and AI services to the Israeli government.
- Last week, demonstrations were held by employees at Google offices in New York and Sunnyvale, California, resulting in the company contacting law enforcement, leading to subsequent arrests.
- According to Google, the additional terminations were carried out after an investigation gathered information from colleagues who were 'physically disrupted,' and employees were identified who wore masks and did not carry their ID badges to conceal their identities. The company refuted the group's allegations, asserting that it meticulously verified that 'each individual whose employment was terminated was personally and conclusively involved in disruptive activities within our premises.'
Google Fires 28 Workers for Protesting Cloud Deal With Israel: The fired workers included nine Google employees who were removed by police after occupying Google ...
wired.com/story/google-fires-twenty-eight-workers-for-protesting-cloud-deal-with-israel/
🔴WATCH LIVE: Meta Platforms Q1 2024 Earnings Call | $META: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1yoKMwVjDrdJQ
UBS Slashes View on ‘Big 6’ Tech Stocks (AAPL, META, NVDA) as Earnings Slows: Big tech companies are running out of steam as the earnings momentum once enjoyed ...
bloomberg.com/news/articles/2024-04-22/ubs-slashes-view-on-big-6-tech-stocks-aapl-meta-nvda-as-earnings-slows
Google files motion for summary judgment in U.S. ad tech case: Alphabet Inc's Google on Friday asked a federal court in Virginia to reject a U.S ...
reuters.com/legal/google-files-motion-summary-judgment-us-ad-tech-case-2024-04-26/
Lawyers in Google browsing data case ask for $218 million fee award: Three U.S. law firms that spearheaded a browser data privacy class action against Alphabet's ...
reuters.com/legal/transactional/lawyers-google-browsing-data-case-ask-218-million-fee-award-2024-04-24/
Why Meta is looking to the fediverse as the future for social media: Meta’s move into the open social web, also known as the fediverse, is puzzling ...
techcrunch.com/2024/04/25/why-meta-is-looking-to-the-fediverse-as-the-future-for-social-media/
Meta’s A.I. Assistant Is Fun to Use, but It Can’t Be Trusted: Despite Mark Zuckerberg’s hope for the chatbot to be the smartest, it struggles with facts ...
nytimes.com/2024/04/24/technology/personaltech/meta-ai-facebook-instagram-chatbot.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
The Meta-morphosis of Mark Zuckerberg: The robotic nerd depicted in “The Social Network” has turned into the kinder, more accessible face of Silicon Valley ...
nytimes.com/2024/04/24/style/mark-zuckerberg-new-look.html
Stock Markets Today: Tesla, Elon Musk, Meta, Treasuries, TikTok ban, Fed: Good morning. Tesla’s shares soar on its plans to roll out cheaper cars as soon as this ...
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-tesla-elon-musk-meta-treasuries-tiktok-ban-fed
Safari Technology Preview: Apple releases version 193: For a few years now, macOS users willing to test it have had the opportunity to use a .. ...
stadt-bremerhaven.de/safari-technology-preview-apple-veroeffentlicht-version-193/
iPhone Activation Percentage Drops To Lowest In Years, New Report Suggests That Buyers Are Waiting Longe…
wccftech.com/iphone-activation-percentage-lowest-in-years/
Apple will reportedly unveil a genre-defining calculator app at WWDC 2024: The new Mac calculator will reportedly have round buttons and Notes integration.
engt.co/3WdcqZj
Apple Named a Top Pick for 2024 at BofA Ahead of Key Earnings: Apple Inc. was named a top pick for 2024 at Bank of America on optimism over the iPhone maker’s ...
bloomberg.com/news/articles/2024-04-22/apple-named-a-top-pick-for-2024-at-bofa-ahead-of-key-earnings
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Meta shares sink after it reveals spending plans: The firm said expenses would be higher this year as it spends heavily on artificial intelligence.
bbc.com/news/articles/cl40v5x483yo
Qualcomm says lower-end Snapdragon X Plus chips can still outrun Apple’s M3: Same NPU, same architecture as X Elite, but fewer cores and lower clock speeds.
arstechnica.com/gadgets/2024/04/qualcomm-preps-lower-end-snapdragon-x-plus-chips-to-compete-with-intel-and-apple/
Disappointing Meta forecast pulls down tech peers in extended trade: Disappointing forecasts from Facebook parent Meta Platforms has proven contagious ...
reuters.com/technology/disappointing-meta-forecast-pulls-down-tech-peers-extended-trade-2024-04-24/
It Is Time For Technology To Give Up Its Leadership Position: Stocks like Meta that trade at a premium to the market face a violent reaction if growth slows ...
seekingalpha.com/article/4686076-it-is-time-for-technology-to-give-up-its-leadership-position
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Meta shares plunge as prolonged AI spending plans unnerve investors: Meta Platforms' shares plunged 14% in premarket trading on Thursday as the social media ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
Mineral resources from war zone: Democratic Republic of Congo accuses Apple of using "blood raw materials"
spiegel.de/wirtschaft/demokratische-republik-kongo-apple-baut-iphone-und-macbook-mit-blut-rohstoffen-a-e200b1cf-e67c-4444-9db0-902200f81267
Dow drops more than 600 points on inflation and growth concerns, heads for biggest drop of the year: Live updates
cnbc.com/2024/04/25/dow-drops-more-than-600-points-on-inflation-and-growth-concerns-live-updates.html
Quick Glance: Unlikelihood of Fed Rate Cut Before Elections Disrupts Markets
- Investors cast doubt on a Fed rate cut before September.
- Expectations are now fully priced in for a rate cut on November 6-7.
- The shift in market expectations stemmed from inflation and growth data.
- There is now an estimated 75 percent likelihood of a Fed rate cut by September.
Meta’s Open Source Llama 3 Is Already Nipping at OpenAI’s Heels: Meta’s decision to give away powerful AI software for free could threaten the business models of ...
wired.com/story/metas-open-source-llama-3-nipping-at-openais-heels/
Stock Markets Today: Anglo American, yen, Meta, bank earnings: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-25/stock-markets-today-anglo-american-yen-meta-bank-earnings
Spotify tests Apple's resolve with new pricing update in the EU: Spotify submitted a new update for Apple's approval that would display pricing right in the app.
engt.co/4deXeRq
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