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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'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
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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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
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'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/
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
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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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/
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.
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/
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/
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/
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, 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.
So are we banning TikTok or what? Also: Can an influencer really tank an $800M company?
techcrunch.com/2024/04/26/ixnay-on-the-tiktok-and-the-power-of-influencers/
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.
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
Advanced Micro Devices: Expectations Running Hot Ahead Of Q1: At the current price, Advanced Micro Devices’ expectations are far higher than what it can ...
seekingalpha.com/article/4686602-advanced-micro-devices-stock-expectations-running-hot-ahead-of-q1
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Amazon, Disney Are Close to Clinching NBA, WNBA Rights Deals: Amazon.com Inc. is close to a deal to bring NBA games to its Prime Video streaming service ...
bloomberg.com/news/articles/2024-04-26/amazon-disney-are-close-to-clinching-nba-wnba-rights-deals
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
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
Amazon: The Margin Train Is Gaining Speed: Amazon remains the cheapest option, by far, for fulfillment, logistics, and customer acquisition ...
seekingalpha.com/article/4685639-amazon-the-margin-train-is-gaining-speed
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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
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
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
49-euro ticket: over half use it permanently: More than half of people who use the Deutschlandticket for local public transport have been using it continuously ...
stadt-bremerhaven.de/49-euro-ticket-ueber-die-haelfte-nutzt-es-dauerhaft/
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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Google Keep: Reminders end up in Google Tasks: Google Keep (also known as Google Keep) allows users to record everything quickly and easily. You can list...
stadt-bremerhaven.de/google-notizen-erinnerungen-landen-in-google-tasks/
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/
Mega price targets for Amazon: Should investors take action before the stock goes steep?
boerse-online.de/nachrichten/aktien/mega-kursziele-fuer-amazon-sollten-anleger-zuschlagen-bevor-die-aktie-steil-geht-20356192.html
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
IBM moves deeper into hybrid cloud management with $6.4B HashiCorp acquisition: IBM wisely gravitated away from trying to be a pure cloud infrastructure vendor ...
techcrunch.com/2024/04/24/ibm-moves-deeper-into-hybrid-cloud-management-with-6-4b-hashicorp-acquisition/
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/
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.
Amazon to invest $11 billion in Indiana to build data centers: Amazon.com's cloud-computing arm said it would invest $11 billion in Indiana to build data centers ...
reuters.com/technology/amazon-invest-11-billion-indiana-build-data-centers-2024-04-25/
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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Alphabet, Microsoft, Intel, Snap, Meta, Exxon, Chevron, and More Stock Market Movers
on.barrons.com/4bcBkfH
Second time lucky for Thoma Bravo, which scoops up Darktrace for $5.3B: Analysts brand deal a 'nail in the coffin' for UK tech investment
theregister.com/2024/04/26/thoma_bravo_darktrace/
Webinar Replay: Steven Cress's Top 10 Stocks Of 2024 Reviewed: Steven Cress, Head of Quantitative Strategies at Seeking Alpha, reviews his Top 10 Stocks of 2024.
seekingalpha.com/article/4686675-webinar-replay-steven-cresss-top-10-stocks-of-2024-reviewed
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
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 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
Ring customers get $5.6 million in refunds in privacy settlement: The Federal Trade Commission is sending more than $5.6 million in refunds to consumers as part ...
apnews.com/article/ring-doorbell-camera-settlement-ftc-payments-658a3bae14c4744cf449932099dc4404
Apple Reportedly Getting Rid of Its FineWoven Cases and Watch Bands: The eco-friendly cases are prone to durability issues.
pcmag.com/news/apple-is-getting-rid-of-its-line-of-finewoven-cases-and-watch-bands
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
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
Amazon Ends Drone Deliveries in California: Amazon ends a test in Lockeford, California, and instead looks to Texas and Arizona for drone deliveries ...
pcmag.com/news/amazon-ends-drone-deliveries-in-california
Misconfigured cloud server leaked clues of North Korean animation scam: Outsourcers outsourced work for the BBC, Amazon, and HBO Max to the hermit kingdom
theregister.com/2024/04/23/north_korea_animators/
Quick Glance: Kim Leads Rocket Drills for Nuclear Counterattacks
- North Korean leader Kim Jong Un supervised rocket launches simulating nuclear counterattacks.
- The drills showcased the strength of the country's nuclear forces.
- The rockets were described as highly accurate and capable of carrying tactical nuclear warheads.
- The US and South Korea are responding with enhanced military exercises and nuclear deterrence strategies.
FTC says Amazon executives destroyed potential evidence by using apps like Signal
theverge.com/2024/4/26/24141801/ftc-amazon-antitrust-signal-ephemeral-messaging-evidence
Amazon launches a new grocery delivery subscription in the US: Amazon said Tuesday that it has launched a new unlimited grocery delivery subscription for Prime ...
techcrunch.com/2024/04/23/amazon-launches-a-new-grocery-delivery-subscription-in-the-u-s/
🔴WATCH LIVE: Meta Platforms Q1 2024 Earnings Call | $META: Benzinga Live on X (Twitter)
twitter.com/i/broadcasts/1yoKMwVjDrdJQ
What happened to Tesla? Weak sales, layoffs and recalls weigh on outlook.: The company is facing its greatest set of challenges since a series of unforced errors ...
washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/
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/
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
Google Calendar: Monthly quick access in the appointment overview: A small but perhaps welcome change to Google Calendar for Android. The appointment overview ...
stadt-bremerhaven.de/google-kalender-monats-schnellzugriffe-in-der-terminuebersicht/
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
E3 Is Dead, But Tickets for IGN Live Are Now on Sale: Starting June 7, IGN Live promises first looks and game reveals from Amazon Games, Atari, Crunchyroll ...
uk.pcmag.com/news/151979/e3-is-dead-but-tickets-for-ign-live-are-now-on-sale
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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Threads: Custom word muting coming soon: Good, new feature on Threads. Starting today, Hidden Words, which were previously only applied to answers ...
stadt-bremerhaven.de/threads-benutzerdefinierte-stummschaltung-von-woertern-bald-moeglich/
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/
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
MercadoLibre: A Second Chance At Great Returns For Long-Term Investors: MercadoLibre's Q1 earnings could be a big upside compared to analyst expectations ...
seekingalpha.com/article/4685102-mercadolibre-a-second-chance-at-great-returns-for-long-term-investors
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EU Parliament: Various single-use plastic packaging banned from 2030: The European Parliament has approved a new regulation on packaging. The regulation aims to ...
stadt-bremerhaven.de/eu-parlament-diverse-einwegverpackungen-aus-kunststoff-ab-2030-verboten/
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
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.'
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.
The IBM-HashiCorp coupling could be more complicated than it seems: At a quick glance the IBM-HashiCorp deal seems like a good one for both sides ...
techcrunch.com/2024/04/26/the-ibm-hashicorp-coupling-could-be-more-complicated-than-it-seems/
Did Meta Just Burst The Big-Tech Bubble?: Given the high valuations, and limited growth potential, the big tech is in a bubble. Read more to see if Meta just ...
seekingalpha.com/article/4686066-did-meta-just-burst-the-big-tech-bubble
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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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Snap Stock Soars On Earnings Beat, 'Massive Reacceleration' For Sales Growth
investors.com/news/technology/snap-stock-surges-more-than-25-on-q1-earnings-beat/
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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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
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
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/
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