Tech Giants Stand To Profit The Most From The Data Privacy Revolution, Beringer Capital Says - Alphabet (
benzinga.com/analyst-ratings/analyst-color/23/05/32599068/tech-giants-stand-to-profit-the-most-from-the-data-privacy-revolution-beringer-capi
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| Last Updated | May 27 23 |
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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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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, 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'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.
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.
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
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
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
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
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
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.
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
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
Paid articlePaid 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 Apple is launching new iPads May 7: Here's what to expect from the 'Let Loose' event
engt.co/4dpuc1A
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
Paid articlePaid 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/
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
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/
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/
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
Paid articlePaidQuick 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.
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
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
Paid articlePaid Alphabet, Microsoft, Intel, Snap, Meta, Exxon, Chevron, and More Stock Market Movers
on.barrons.com/4bcBkfH
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/
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
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/
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
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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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/
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
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
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/
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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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/
iPhone Activation Percentage Drops To Lowest In Years, New Report Suggests That Buyers Are Waiting Longe…
wccftech.com/iphone-activation-percentage-lowest-in-years/
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
Paid articlePaid Sale or No Sale, TikTok Will Never Be the Same: TikTok but without the algorithm? TikTok by Meta? A new law this week puts the platform on a death watch—and none ...
wired.com/story/plaintext-sale-or-no-sale-tiktok-will-never-be-the-same/
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.
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.
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
Apple's Q1 phone sales in China fall 19.1%, Huawei's up 70%: Apple's smartphone shipments in China tumbled 19% in the first quarter of the year ...
reuters.com/technology/apples-q1-phone-sales-china-fall-191-huaweis-up-70-2024-04-23/
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
Mineral resources from a 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
Morning Bid: Tesla catches break, Meta next; TikTok countdown: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-24/
Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab in anyway by passing him on the billionaires list
fortune.com/2024/04/22/mark-zuckerberg-avoided-cage-match-with-elon-musk-but-got-jab-in-anyway-by-passing-him-billionaires-list-tesla-meta/
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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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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
Apple releases eight open source LLMs: Apple has released eight models in its OpenELM (Open-source Efficient Language Models) family ...
stadt-bremerhaven.de/apple-veroeffentlicht-acht-open-source-llms/
Bitcoin Rises. Why Tesla and Meta Earnings Could Help—or Hurt—Cryptos.: Bitcoin correlation to the stock market and wider risk sentiment puts Big Tech earnings ...
on.barrons.com/49Wz4Ih
Apple will host a pre-WWDC virtual event on May 7: Apple isn't waiting until WWDC to make some announcements. The company will hold a virtual event on May 7 and ...
engt.co/3xGoXKj
US Chamber of Commerce to sue FTC for banning noncompetes in most jobs: Senior execs making $150K+ will still have to abide by them, but they fall away for ...
theregister.com/2024/04/24/noncompetes_ban_ftc/
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
Nvidia Stock Gains. What Meta’s Earnings Mean for the AI Chip Maker.: One of Nvidia's biggest customers, Meta Platforms, raises its projected investment in ...
barrons.com/articles/nvidia-stock-price-buy-sell-meta-earnings-5299b966
Paid articlePaid Stock Market's ‘Humbling’ Cycle Forces Morgan Stanley's Wilson to Stay Nimble
bloomberg.com/news/newsletters/2024-04-23/stock-market-s-humbling-cycle-forces-morgan-stanley-s-wilson-to-stay-nimble
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/
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 Apple: Production of fine mesh accessories probably stopped: With the launch of the iPhone 15, Apple has removed all leather cases, wristbands and the like from ...
stadt-bremerhaven.de/apple-produktion-von-feingewebe-zubehoer-wohl-gestoppt/
DHDL: Bye Bye Toe introduces briefs against cameltoe: When pants pull into the crotch, a so-called “camel toe” is created. Marie Mueller, on the other hand ...
businessinsider.de/gruenderszene/business/kein-cameltoe-mehr-dhdl-gruenderin-praesentiert-den-loewen-neuartigen-slip/
The Morning After: Meta teases a limited-edition Quest headset inspired by Xbox: The biggest news stories this morning: Grindr sued for allegedly sharing users’ ...
engt.co/3w3bfko
Russian court sentences Meta spokesperson in absentia to six years in prison: A Russian court has sentenced a Meta spokesperson in absentia to six years in ...
engt.co/3U83nWF
Meta stock plunges 12% on lukewarm earnings, despite strong advertising numbers: The social media company said it had a 'good start to the year ...
fastcompany.com/91112579/meta-stock-plunges-2024-q1-earnings
Quick Glance: NFL - Top-5 Earners per Position: Amon-Ra St. Brown Leads the Way
- The NFL showcases the top-5 earners per position based on average annual salary.
- Quarterbacks top the ranking, followed by Running Backs, Fullbacks, Wide Receivers, and Tight Ends.
- Other positions such as Offensive Tackle, Guard, Center, Defensive End, Defensive Tackle, Outside Linebacker, Inside Linebacker, Cornerback, Safety, Kicker, Punter, and Long Snapper were also listed.
- The list highlights the high salaries of the top players in the NFL for their respective positions.
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These Stocks Are Moving the Most Today: Meta, IBM, Ford, Anglo American, Microsoft, Alphabet, and More
barrons.com/articles/stock-market-movers-f298e9b0
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