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Profile picture of The Independent
The Independent
C+
 Apr 25
Meta loses nearly $200 billion in value after Mark Zuckerberg AI announcement: CEO admitted it could take ‘several years’ for AI investment to come good
independent.co.uk/tech/meta-mark-zuckerberg-shares-ai-b2534723.html
Meta loses nearly $200 billion in value after Mark Zuckerberg 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.
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Profile picture of CNBC
CNBC
B
 Apr 25
Snap shares soar 25% as company beats on earnings, shows strong revenue growth: Snap reported first-quarter results that beat analysts' estimates
cnbc.com/2024/04/25/snap-snap-q1-2024-earnings-.html
Snap shares soar 25% as company beats on earnings, shows strong revenue ...
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Profile picture of NBC News
NBC News
B
 Apr 23
Meta is putting AI front and center in its apps, and some users are annoyed: Meta’s artificial intelligence-powered assistant is suddenly everywhere in its ...
nbcnews.com/tech/tech-news/meta-putting-ai-front-center-apps-users-are-annoyed-rcna148857
Meta is putting AI front and center in its apps, and some users are ...
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Profile picture of Insider (news website)
Insider (news website)
B-
 12h
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
Meta's median pay for employees is $379,000 a year
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Profile picture of The Washington Post
The Washington Post
B
 Apr 24
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/
Congress’ first tech crackdown in years is a gift to Big Tech
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.
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Profile picture of CNBC
CNBC
B
 Apr 26
Alphabet tempers fears that it's falling behind in AI with blowout first-quarter results
cnbc.com/2024/04/25/alphabet-tempers-worries-that-its-falling-behind-in-ai-in-q1-results.html
Alphabet tempers fears that it's falling behind in AI with blowout ...
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Profile picture of Forbes
Forbes
C+
 Apr 25
Tech Stocks Tumble As Meta’s AI Bet Spooks Investors: “There are several ways to build a massive business here,” Meta CEO Mark Zuckerberg told investors ...
forbes.com/sites/roberthart/2024/04/25/tech-stocks-tumble-as-metas-ai-bet-spooks-investors/
Tech Stocks Tumble As Meta’s AI Bet Spooks Investors
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.
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Profile picture of The Verge
The Verge
B
 11h
Google is officially a $2 trillion company: Alphabet is now valued at over $2 trillion, reaching that market cap despite existential threats to its business ...
theverge.com/24140489/google-alphabet-q1-2024-earnings-revenue
Google is officially a $2 trillion company
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Profile picture of Investor's Business Daily
Investor's Business Daily
D
 Apr 25
Even Nvidia Can't Pull Off This Feat. Only One AI Stock Has.: Outshining AI giants Nvidia, Meta and Google, HubSpot has secured placement on three premier ...
investors.com/research/ibd-stock-analysis/hubspot-stock-nvidia-meta-google/
Even Nvidia Can't Pull Off This Feat. Only One AI Stock Has.
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Profile picture of Scientific American
Scientific American
C
 23h
Is There a Human Hiding behind That Robot or AI? A Brief History of Automatons That Were Actually People
scientificamerican.com/article/is-there-a-human-hiding-behind-that-robot-or-ai/
Is There a Human Hiding behind That Robot or AI? A Brief History of ...
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Profile picture of Quartz
Quartz
B+
 19h
Google stock surges on soaring profits and first-ever cash dividend: Google parent Alphabet saw profits rise 60% in the first quarter compared to last year
qz.com/alphabet-google-stock-earnings-gemini-1851436696
Google stock surges on soaring profits and first-ever cash dividend
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Profile picture of VentureBeat
VentureBeat
C
 Apr 24
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
venturebeat.com/ai/nvidia-to-purchase-runai-for-700m-further-asserting-its-dominance-in-the-ai-stack/
Nvidia to purchase Run:ai for $700M, further asserting its dominance in ...
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Profile picture of Tech Times
Tech Times Apr 25
Microsoft Could Topple Amazon's Cloud Dominance, Thanks to AI: Microsoft's AI lead could be the driving factor in helping it topple Amazon's ...
techtimes.com/articles/303977/20240425/microsoft-topple-amazons-cloud-dominance-thanks-ai.htm
Microsoft Could Topple Amazon's Cloud Dominance, Thanks to AI
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Profile picture of Bloomberg
Bloomberg
B
 Apr 23
AI Search Startup Perplexity Valued at $1 Billion in Funding Round: Perplexity’s valuation has doubled in three months in a clear sign of investor enthusiasm for ...
bloomberg.com/news/articles/2024-04-23/ai-search-startup-perplexity-valued-at-1-billion-in-funding-round
AI Search Startup Perplexity Valued at $1 Billion in Funding Round
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Profile picture of MSPoweruser
MSPoweruser Apr 24
Amazon Bedrock now supports import of custom models to access as a fully managed API
mspoweruser.com/amazon-bedrock-now-supports-import-of-custom-models-to-access-as-a-fully-managed-api/
Amazon Bedrock now supports import of custom models to access as a fully ...
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Profile picture of MSPoweruser
MSPoweruser Apr 23
After Claude 3 Opus, you can now try Meta’s Llama 3 on Amazon Bedrock & Azure: As Meta launched Llama 3 models, Amazon Bedrock and Microsoft Azure announced that ...
mspoweruser.com/after-claude-3-opus-you-can-now-try-metas-llama-3-on-amazon-bedrock-azure/
After Claude 3 Opus, you can now try Meta’s Llama 3 on Amazon Bedrock ...
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