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Meta Stock Is a ‘Top Pick.’ AI Is Only One Reason.: Mizuho analyst James Lee rates Meta stock as a Buy with a $575 price target.
on.barrons.com/3PqOM74
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Meta Stock Is a ‘Top Pick.’ AI Is Only One Reason.: Mizuho analyst James Lee rates Meta stock as a Buy with a $575 price target.
on.barrons.com/3PqOM74
Meta proves AI hype has its limits : Artificial intelligence is a multibillion-dollar project with no clear timeline for revenues
ft.com/content/698c79e0-0b0b-401d-8132-99a42f236b92
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 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
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 value plummets as Zuckerberg admits AI needs more time and money: Revenues up, but is the AI hype bubble is threatening to burst?
theregister.com/2024/04/25/facebooks_value_plummets_as_zuckerberg/
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
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/
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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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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UK regulator examines Microsoft and Amazon’s AI dealmaking: Request for comments into Big Tech’s alliances with artificial intelligence start-ups follows CMA ...
ft.com/content/0597a834-c101-4d01-893d-87c2eca122c9
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
TechScape: No WhatsApp in China, no TikTok in the US, and the return of Llama: In this week’s newsletter: While Apple removed the platform from App Stores ...
theguardian.com/technology/2024/apr/23/techscape-apple-app-store-china-tiktok-meta-llama
Stripe, doubling down on embedded finance, de-couples payments from the rest of its stack
techcrunch.com/2024/04/24/stripe-doubling-down-on-embedded-finance-de-couples-payments-from-the-rest-of-its-stack/
Exclusive | AI Developers Agree to New Safety Measures to Fight Child Exploitation
wsj.com/tech/ai/ai-developers-agree-to-new-safety-measures-to-fight-child-exploitation-2a58129c
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.
Meta’s Profits More Than Double, While Spending on A.I. Rises: The owner of Facebook, Instagram and WhatsApp continued to grow, even as it said it would spend ...
nytimes.com/2024/04/24/technology/meta-profit-stock-ai.html
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
Google Fires 20 More Over Protests, Former Employees Call It 'Textbook Evil': A handful of the 50 fired employees say Google has a role in 'AI-powered genocide ...
pcmag.com/news/google-fires-20-more-over-protests-former-employees-call-it-textbook-evil
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
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.
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
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
Amazon, Meta, IBM, Super Micro, and Other Tech Stocks in Focus Today: Meta Platforms and other Big Tech names including Amazon, Alphabet, Microsoft, Nvidia ...
barrons.com/articles/amazon-meta-ibm-super-micro-tech-stocks-today-71652802
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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/
Microsoft (MSFT), Alphabet (GOOGL) Face a ‘Show Me’ Moment After Meta Misfire: The stakes are high as two of the biggest artificial intelligence players prepare ...
bloomberg.com/news/articles/2024-04-25/microsoft-alphabet-face-a-show-me-moment-after-meta-misfire
Microsoft profits surge on AI as Snap up 27% and Meta stock takes hit: Investment in artificial intelligence has been a boon for Microsoft, while investors ...
independent.co.uk/tech/microsoft-stock-ai-meta-snap-alphabet-b2535063.html
Tech Giants Promise to Crack Down on AI-Generated Child Porn: Deepfake nudes have plagued middle and high schools this year, and AI has made it easier for ...
thedailybeast.com/tech-giants-promise-to-crack-down-on-ai-generated-child-porn
Diddo’s new funding will bring its shoppable TV API to streaming platforms: Diddo is an API for streaming services and other platforms to integrate shoppable ...
techcrunch.com/2024/04/24/diddos-new-funding-will-bring-its-shoppable-tv-api-to-streaming-platforms/
Golem.de: IT news for professionals: Golem.de - Constantly updated IT news for professionals and videos from politics, business and science about hardware ...
golem.de/
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/
Data centers in the "climate lab": Why Germany is a sought-after location for power guzzlers
n-tv.de/wirtschaft/Rechenzentren-im-Klima-Labor-Warum-Deutschland-ein-begehrter-Standort-fuer-Stromfresser-ist-article24900543.html
Rabbit's AI Assistant Is Here. And Soon a Camera Wearable Will Be Too: WIRED went along to the company's launch event where customers picked up the very first ...
wired.com/story/rabbit-r1-launch-event-nyc/
Quick Glance: Rabbit R1: More Fun and Accessible than Humane AI Pin
- The Rabbit R1 is a compact AI companion with a screen and camera.
- Compared to the Humane AI Pin, the R1 is more affordable and user-friendly.
- R1 offers a range of features like image recognition and a personal touch.
- Rabbit promises continuous improvements and new features for the R1.
AI start-up unveils avatars that convincingly show human emotions : Synthesia’s so-called expressive avatars can go from happy to frustrated.
euronews.com/next/2024/04/25/ai-start-up-unveils-avatars-that-convincingly-show-human-emotions
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
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Facebook parent company: Meta disappoints with outlook: The world's largest social network wants to become "the world's leading AI company ...
faz.net/aktuell/wirtschaft/unternehmen/facebook-mutterkonzern-meta-enttaeuscht-mit-ausblick-19676946.html
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Changes for consumers in May: minimum wage, bio-diesel, fines, AI: May not only brings with it many holidays, but also some changes for consumers ...
ga.de/ratgeber/aenderungen-fuer-verbraucher-im-mai-mindestlohn-bio-diesel-bussgelder-ki_aid-111142445
Meta shares fall as it predicts higher expenditure on AI : Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sector
ft.com/content/6f00608a-8392-4062-b1f2-fb63910ac2dd
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Investors Cheer AI Spending Boom in Big Tech—Just Not at Meta: Meta had its worst trading day in 18 months after warning of years of AI investment ...
wsj.com/tech/ai/investors-cheer-ai-spending-boom-in-big-techjust-not-at-meta-42af2528
Marketing hype AI - even if no one wants them?: References to artificial intelligence or ChatGPT are mandatory marketing programs - from new Instagram features ...
wuv.de/Themen/KI-Tech/Marketing-Hype-KI-auch-wenn-sie-gar-keiner-will
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Nvidia stands to benefit as Meta spurs an even greater AI spending spree: Nvidia is among a number of companies expected to benefit from Meta’s loftier ...
trib.al/62edEz3
Nvidia with great potential: Who else will follow Meta?: Meta boosts profits and sales but increases AI investments, weighing on tech sector ...
deraktionaer.de/artikel/medien-ittk-technologie/nvidia-mit-grossem-potenzial-wer-folgt-nach-meta-noch-20356208.html
Facebook Group - Zuckerberg wants to make Meta number one in AI: Brilliant quarterly figures, big AI plans: But investors are causing the shares of the Facebook ...
szbz.de/nachrichten/artikel/zuckerberg-will-meta-zur-nummer-eins-bei-ki-machen
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Meta: More sales, more profits and investments in AI: Meta reported decent revenue growth in the first quarter of 2024. The parent company of Facebook, Instagram ...
stadt-bremerhaven.de/meta-mehr-umsatz-mehr-gewinn-und-investitionen-in-ki/
Zuckerberg burns some goodwill on Wall Street as he plows forward with metaverse: Investors clearly also concerned that Meta’s spending will include a lot more ...
marketwatch.com/story/zuckerberg-burns-some-goodwill-on-wall-street-as-he-plows-forward-with-the-metaverse-c4f8365f
Stocks end mixed in muted trading; Nashville scores a health-care tech coup: Most of Wall St. drifts in mixed trading
postandcourier.com/stocks-end-mixed-in-muted-trading-nashville-scores-a-health-care-tech-coup/article_7d4c4010-023e-11ef-bd1b-2b69c6227166.html
Meta before numbers: All the important details: Meta will publish its Q1 figures on Wednesday evening. What are the chances of a beat and raise?
deraktionaer.de/artikel/medien-ittk-technologie/meta-vor-zahlen-alle-wichtigen-details-20356031.html
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Meta's AI offensive: What Meta AI and Llama 3 will achieve: The technical and strategic overview of the impact of Llama 3 and Meta AI on trading and marketing.
wuv.de/Themen/KI-Tech/Metas-KI-Offensive-Was-Meta-AI-und-Llama-3-bewirken-werden
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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/
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