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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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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
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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
Meta Gets EU Privacy Warning Over Use of Sexual Orientation Data: Meta Platforms Inc.’s Facebook should be blocked from exploiting public information on a users’ ...
bloomberg.com/news/articles/2024-04-25/meta-gets-eu-privacy-warning-over-use-of-sexual-orientation-data
Netflix is also increasing prices for existing customers: First, the new Netflix prices applied to new customers - Soon, existing customers will also be ...
heise.de/news/Netflix-erhoeht-die-Preise-auch-fuer-Bestandskunden-9697377.html
DJT Stock Slips. Why Trump Media Doesn’t Trade Like Other Social-Media Companies.
barrons.com/articles/djt-stock-price-trump-media-truth-social-fbe03407
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Quick Glance: Trump Media Seeks Congressional Probe on 'Troubling' Market Manipulation Claims
- Trump Media & Technology Group is asking Congress to investigate suspicions of illegal activity affecting its stock price.
- In a disclosed letter, Devin Nunes, the CEO of Truth Social owner Trump Media, urged GOP Chairmen of relevant House Committees to examine the 'urgent matter' of 'potential manipulation' of the company's stock price.
- Trump Media recently reported a $58 million loss in 2023 with minimal revenue. The company's price-to-sales ratio, a common stock valuation method, is notably high compared to competitors in the social media sector.
- In the communication to Congress, Trump Media highlighted that data suggests 'just four market participants' accounted for over 60% of the exceptional trading volume in the company's stock: Citadel Securities, Virtu Americas, G1 Execution Services, and Jane Street Capital.
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/
Meta tempers expectations for second-quarter revenue: Meta Platforms on Wednesday forecast that second-quarter revenue could come in below market expectations ...
reut.rs/4aQYGaQ
Meta Results Are Best Viewed Through Rose-Colored AI Glasses: Investors are unhappy about profligate spending on artificial intelligence, but Mark Zuckerberg’s ...
bloomberg.com/opinion/articles/2024-04-25/meta-results-are-best-viewed-through-rose-colored-ai-glasses
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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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Meta shares plunge 16% in Frankfurt after AI spending, revenue forecast: Meta Platforms shares plunged 16% early in Frankfurt on Thursday after forecasts of ...
reuters.com/technology/meta-shares-plunge-16-frankfurt-after-ai-spending-revenue-forecast-2024-04-25/
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, 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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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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Micron secures $13bn in US support to expand chipmaking capacity: Idaho-based memory chipmaker is latest beneficiary of funding from 2022 Chips Act
ft.com/content/084c5cce-3734-4c28-8cab-ee1ecaa7e402
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
FTC bans employers from using noncompete clauses: The US Federal Trade Commission (FTC) has banned noncompete clauses in a move to "drive innovation" and protect ...
engt.co/4ddlxiE
Quick Glance: US implements ban on worker 'competition agreements' with business groups filing lawsuits
- The U.S. Federal Trade Commission has approved a framework to eliminate agreements often signed by employees to refrain from joining their employers' competitors or establishing rival businesses.
- The ban on noncompete agreements is projected to boost worker earnings by up to $488 billion over the next decade and facilitate the establishment of over 8,500 new businesses annually.
- Prominent business associations have criticized the framework and declared legal actions, contending that noncompete agreements assist companies in safeguarding trade secrets and advancing competitiveness.
- Unions have endorsed the FTC's vote in favor of the ban, hailing it as a significant triumph for workers that will enhance the national economy by fostering entrepreneurship.
AI spending worries cast gloom over Alphabet, Microsoft: Investors appear to be losing patience with Big Tech's prodigious artificial intelligence investments ...
reuters.com/technology/ai-spending-worries-cast-gloom-over-alphabet-microsoft-2024-04-25/
Can the First Amendment Save TikTok?: TikTok says it plans to challenge the law that could ban it in the US in court. Experts think it's got a fighting chance.
wired.com/story/tiktok-ban-first-amendment-courts-challenge/
Quick Glance: Implications of a TikTok Ban on China's Technology Plans and Global Digital Divide
- TikTok is at a critical juncture in America as its Chinese owner must complete the sale of the app within a year to avoid a ban in its largest market.
- The potential TikTok ban would not only greatly weaken China's technology ambitions but also deepen the divide between the digital worlds of rival economic superpowers.
- The potential enforcement of a TikTok ban could expedite a transformation that divides the world's technological landscape into two factions, one around the US and the other around technologies from China.
- Chinese companies and apps operating in the US are encountering increasing challenges as the US government implements measures to restrict the access of Chinese companies to the market.
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
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
Rabbit’s R1 is a little AI gadget that grows on you: If there’s one overarching takeaway from last night’s Rabbit R1 launch event, it’s this: Hardware can be fun ...
techcrunch.com/2024/04/24/rabbits-r1-is-a-little-ai-gadget-that-grows-on-you/
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.
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/
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
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
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
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’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
Anker SOLIX X1: Modular battery system is official: Anker has introduced a new battery storage solution called SOLIX X1. The idea initially saved the German ...
stadt-bremerhaven.de/anker-solix-x1-modulares-batteriesystem-ist-offiziell/
EU's new right-to-repair rules force companies to repair out-of-warranty devices: The European Union's parliament has adopted a new right-to-repair directive ...
engt.co/3UtpeJE
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
TikTok Lite axes ‘addictive as cigarettes’ reward-to-watch feature under the EU’s watchful eye
engt.co/3WwVehB
Dropbox integrates new security solutions for businesses and more: Cloud storage provider Dropbox has new security features and faster and more convenient ...
stadt-bremerhaven.de/dropbox-2/
No more refunds after 100 hours: Steam closes Early Access playtime loophole: It's largely a win against scammers, but a simple policy doesn't fit all ...
arstechnica.com/gaming/2024/04/no-more-refunds-after-100-hours-steam-closes-early-access-playtime-loophole/
Senate passes bill that could ban TikTok: A bill that could ban TikTok is now all but certain to become law. The Senate approved a measure that requires ...
engt.co/3WbORjg
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
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
Former EKWB Employees say company has racist, hostile work environment, withholds overtime pay
tomshardware.com/tech-industry/former-ekwb-employees-say-company-has-racist-hostile-work-environment-withholds-overtime-pay
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
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/
HMD presents its first own smartphone series: Pulse, Pulse+ and Pulse Pro: Most of our readers are familiar with HMD, which has produced smartphones under the ...
stadt-bremerhaven.de/hmd-stellt-erste-eigene-smartphoneserie-vor-pulse-pulse-und-pulse-pro/
Chrome: Update against critical vulnerability: Many of you will probably use Chrome on your desktop computer. There is now an update waiting ...
stadt-bremerhaven.de/chrome-update-gegen-kritische-schwachstelle/
Meross: MSS315 smart socket gets a standby killer: For many people today, smart sockets from Meross are still an affordable alternative for switching devices via ...
stadt-bremerhaven.de/meross-smarte-steckdose-mss315-bekommt-einen-standby-killer/
Seed-stage firm Eniac Ventures raises $220M across two funds: Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments ...
techcrunch.com/2024/04/24/seed-stage-firm-eniac-ventures-raises-220m-across-two-funds/
Signal allows nicknames and notes for contacts: What’s new with Messenger Signal. So far, Signal displays the name of contacts as stored in your phone's contacts ...
stadt-bremerhaven.de/signal-erlaubt-spitznamen-und-notizen-fuer-kontakte/
FTSE 100 Live: What's Moving UK Markets, Right Now
bloomberg.com/news/live-blog/2024-04-15/ftse-100-live-what-s-moving-uk-markets-right-now-markets-today
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/
Dell Inspiron 14 Plus (7440): A capable contender in the 14-inch slimline crowd
uk.pcmag.com/laptops/152002/dell-inspiron-14-plus-7440
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
Tell us: what’s your favourite everyday gadget?: We would like to hear about your favourite, most useful everyday utensil
theguardian.com/technology/2024/apr/24/tell-us-whats-your-favourite-everyday-gadget
Hackers are carrying out ransomware experiments in developing countries: Businesses in Africa, Asia, and South America hit before moving on to western targets.
ft.com/content/53758c43-9349-4f01-9c2c-b452822a3e7e
The Best Password Managers for 2024: Stop splashing your kid's birthday and your pets' names across the web. Our top-rated password managers help you create a ...
pcmag.com/picks/the-best-password-managers
Spotify turns up volume to make record profits: The music streaming service reports record profits of over €1bn (£860m) after laying off 1500 staff.
bbc.com/news/business-68884501
Grab This Two-Pack Smart Plug for Less Than $20: A smart plug can majorly upgrade any outlet, and now you can get a pair of them for a low price.
cnet.com/deals/grab-this-two-pack-smart-plug-for-less-than-20/
Get $70 Off This Funky Soundcore Motion X500 Bluetooth Portable Speaker: Taking the music with you just got $70 cheaper, thanks to a deal on Soundcore's popular ...
cnet.com/deals/get-70-off-this-funky-soundcore-motion-x500-bluetooth-portable-speaker/
World-first satellites for commercial science set for launch in 2025: A British startup aims to launch science satellites into space in 2025 after raising a ...
thenextweb.com/news/blue-skies-space-science-satellites-launch-2025
Chrome: Abolition of third-party cookies continues to be delayed: The topic of "Chrome and the abolition of third-party cookies" has been around for a long time ...
stadt-bremerhaven.de/chrome-abschaffung-von-drittanbieter-cookies-verzoegert-sich-weiter/
AMD Strix Point “Ryzen 9” APU With 12 Zen 5 Cores, 24 MB L3 Cache Spotted, Impressive Multi-…
wccftech.com/amd-strix-point-ryzen-apu-12-zen-5-cores-24-mb-l3-cache-spotted-impressive-multi-core-performance/
Meta Results: $350 Billion Rally to Collide With Lofty AI Expectations: When it comes to social-media stocks, there’s Meta Platforms Inc., and then there’s ...
bloomberg.com/news/articles/2024-04-24/meta-s-350-billion-rally-to-collide-with-lofty-ai-expectations
Act Fast, This Jackery Power Station Is Back Down to Its All-Time Low Price: This portable power station is back down to the lowest price we’ve seen ...
cnet.com/deals/act-fast-this-jackery-power-station-is-back-to-its-all-time-low-price/
Stock market today: US stocks mixed ahead of GDP data, fresh earnings: Meta Platforms will report earnings after the closing bell, with Microsoft and Alphabet on ...
markets.businessinsider.com/news/stocks/stock-market-today-economy-outlook-gdp-earnings-q1-tech-rally-2024-04
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 Disappointment Sparks Fear in Big Tech: A disappointing earnings report from Meta Platforms Inc. has technology investors on edge ahead of ...
bloomberg.com/news/articles/2024-04-24/meta-s-miss-sparks-fear-in-tech-world-with-big-earnings-looming
Meta presents new Ray-Ban Smart Glasses models for 2024: Glasses in smart and with Meta AI - this has also been available in Germany since last year thanks to ...
stadt-bremerhaven.de/meta-stellt-neue-ray-ban-smart-glasses-modelle-fuer-2024-vor/
Grindr users seek payouts after dating app shared HIV status with vendors: Grindr admitted sharing HIV status with software firms in 2018, said it stopped.
arstechnica.com/tech-policy/2024/04/grindr-users-seek-payouts-after-dating-app-shared-hiv-status-with-vendors/
Quick Glance: Lawsuit Alleges Grindr's Unauthorized HIV Status Disclosure
- A group of 670 individuals have joined a class action lawsuit against LGBTQ+ dating app Grindr in the UK seeking damages for the alleged unauthorized disclosure of HIV status and other sensitive data to third parties.
- The lawsuit claims that Grindr violated UK data protection laws by sharing user data without consent, particularly data disclosed before April 3, 2018, and between May 25, 2018, and April 7, 2020.
- Researchers from SINTEF in 2018 published information indicating that Grindr was sharing user data, including HIV status, with analytics companies, sparking intense criticism and prompting changes to the company's privacy policy.
- Grindr was fined 65 million Norwegian kroner for violating GDPR consent rules, leading to further legal issues in the US.
3 things we will miss when the boomers leave the labor market: It won't be long before the majority of boomers are no longer part of the labor market ...
t3n.de/news/drei-dinge-vermissen-boomer-arbeitsmarkt-1613731/
Generative AI meets scams and spam: Deciding what’s real on social media gets trickier
fastcompany.com/91112496/ai-generated-images-social-media-spam-scams
Leicester streetlights take ransomware attack personally, shine on 24/7: City council says it lost control after shutting down systems
theregister.com/2024/04/23/leicester_streetlights_ransomware/
GoWise’s Steam Air Fryer Is an Intriguing Combo Cooker: GoWise’s countertop device combines two different cooking functions: air frying and steaming ...
wired.com/review/gowise-steam-air-fryer/
Meta Stock Slides Despite Q1 Earnings, Sales Beat: Meta stock sank late Wednesday, despite the social media giant behind Facebook and Instagram reported ...
investors.com/news/technology/meta-stock-slides-despite-q1-earnings-sales-beat/
Mark Zuckerberg spilled the beans on his new chain necklace look: Mark Zuckerberg's been in the spotlight recently thanks to his chain necklace ...
businessinsider.com/mark-zuckerberg-dug-into-new-chain-necklace-look-2024-4
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Hackers infect users of antivirus service that delivered updates over HTTP: eScan AV updates were delivered over HTTP for five years.
arstechnica.com/security/2024/04/hackers-infect-users-of-antivirus-service-that-delivered-updates-over-http/
Meta's new AI assistant wanted to answer users' questions and now it's getting on their nerves
qz.com/meta-ai-tool-users-instagram-chatgpt-1851430125
Meta’s Metaverse is still losing the company billions: But the Facebook parent's virtual reality research and development unit, Reality Labs ...
qz.com/meta-metaverse-facebook-earnings-mark-zuckerberg-1851433524
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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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
Keep Bugs Out of Your Kitchen With These Common Houseplants: Venus flytraps aren't the only plants that can keep unwanted insects from invading your space.
cnet.com/home/best-house-plants-to-deter-bugs/
Voyager 1 is sending data again: How NASA repaired the probe from billions of kilometers away
t3n.de/news/voyager-1-reperatur-aus-milliarden-kilometern-entfernung-1620641/
Quick Glance: Voyager 1 Sends Usable Data to Earth Again
- Launched in 1977, Voyager 1's mission is to explore interstellar space.
- After sending unreadable data for months, a fix was found for the issue.
- Experts repaired a faulty chip in the Flight Data Subsystem to resume sending readable data.
- The mission remains iconic, but the battery's longevity is uncertain as the probe continues its journey through the Milky Way.
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
Tesla, Texas Instruments, Enphase Energy, Boeing, Meta Platforms, and More Stock Market Movers
on.barrons.com/3UbGfGQ
Ex-Nasa engineer develops propulsion system that would contradict the laws of physics
t3n.de/news/ex-nasa-ingenieur-entwickelt-antrieb-der-den-gesetzen-der-physik-widersprechen-wuerde-1620855/
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