Internet
Meta’s AI spending comes into focus amid Trump’s tariff policies
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025. Evelyn Hockstein | Reuters Mark Zuckerberg’s plan is to make Meta the market leader in artificial intelligence. Investors will want to know how President Donald Trump’s tariffs-heavy trade […]
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Amazon sellers raise prices after Trump’s China tariff: ‘It’s unsustainable’
An Amazon employee works to fulfill same-day orders during Cyber Monday, one of the company’s busiest days at an Amazon fulfillment center on December 2, 2024 in Orlando, Florida. Miguel J. Rodriguez Carrillo | Getty Images For 10 years, Aaron Cordovez has been selling kitchen appliances on Amazon. Now he’s in a bind, because most […]
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Meta lays off employees working on virtual reality in Reality Labs division
Meta CEO Mark Zuckerberg presents Orion AR Glasses as he makes a keynote speech during the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta has laid off employees in its Reality Labs division that is tasked with developing virtual reality, augmented reality […]
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Alphabet to report Q1 earnings results after the bell
Alphabet, the parent company of Google and YouTube, is set to report first-quarter earnings after the bell Thursday. Here’s what analysts are expecting. Revenue: $89.2 billion, according to LSEG Earnings per share: $2.02, according to LSEG YouTube advertising revenue: $8.97 billion, according to StreetAccount Google Cloud revenue: $12.27 billion, according to StreetAccount Traffic acquisition costs (TAC): $13.66 billion, according to […]
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Adobe to launch mobile app for AI image generation tool as OpenAI steps up rivalry
Adobe’s new artificial intelligence image models, Firefly Image Model 4 and Firefly Image Model 4 Ultra, can generate hyper-realistic pictures in response to user prompts. Adobe LONDON — Adobe plans to launch a mobile version of its artificial intelligence image generation tool Firefly, stepping up a challenge to OpenAI as the Microsoft-backed startup advances its […]
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Google forcing some remote workers to come back 3 days a week or lose their jobs
Sundar Pichai, CEO of Google and Alphabet Inc., speaks at the inaugural 2024 Business, Government, and Society Forum at the Stanford Graduate School of Business in Stanford, California, on April 3, 2024. Carlos Barria | Reuters Five years removed from the onset of the Covid pandemic, Google is demanding that some remote employees return to […]
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Discord names new CEO ahead of potential IPO as co-founder steps down
Headphones are seen in front of displayed Discord app logo in this illustration taken March 29, 2021. Dado Ruvic | Reuters Discord co-founder and CEO Jason Citron is stepping down from the gaming-focused social messaging service, the startup said Wednesday. Citron will be replaced by former Activision Blizzard Vice Chairman Humam Sakhnini, who will assume […]
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Meta makes ads on Threads available to all eligible advertisers
This photo illustration created in Washington, DC, on July 6, 2023, shows the logo for Threads, an Instagram app, reflected in its opening page. Stefani Reynolds | AFP | Getty Images Meta has opened up its Threads microblogging service to all advertisers. The social networking giant said Wednesday in a blog post that all “eligible […]
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5 quotes: Elon Musk on robotaxi timeline, Optimus robots, tariffs, energy and Tesla’s future
Elon Musk steps off Air Force One upon arrival at Morristown Municipal Airport in Morristown, New Jersey, on March 22, 2025. US President Donald Trump will be spending the weekend at Trump National Golf Club in Bedminster, New Jersey. Brendan Smialowski | Afp | Getty Images Elon Musk tried to rally Tesla bulls Tuesday, brushing […]
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Apple fined $571 million and Meta $228 million for breaching European Union antitrust rules
Facebook and Instagram icons are seen displayed on an iPhone. Jakub Porzycki | Nurphoto | Getty Images The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc’s digital competition laws. The European Commission, which is the executive body of the EU, said it was fining Apple […]
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