Meta Platforms Inc
Meta removes 10 million Facebook profiles in effort to combat spam
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 on Jan. 20, 2025. Evelyn Hockstein | Reuters Meta on Monday said it has removed about 10 million profiles for impersonating large content producers through the first half of 2025 as part […]
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Cognition to buy AI startup Windsurf days after Google poached CEO in $2.4 billion licensing deal
In this photo illustration, a man seen holding a smartphone with the logo of US artificial intelligence company Cognition AI Inc. in front of website. Timon Schneider | SOPA Images | Sipa USA | AP Artificial intelligence startup Cognition announced it’s acquiring Windsurf, the AI coding company that lost its CEO and several other senior […]
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Meta CEO Zuckerberg says first AI data supercluster will come online in 2026
Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg on Monday said he plans to invest “hundreds of billions of dollars” into artificial intelligence compute infrastructure, and that Meta plans to bring its first […]
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The markets are telling you not to worry with steep drop in volatility. Should you listen?
As midsummer sets in and the trauma of the springtime sell-off fades, the markets are whispering, “Don’t worry.” With every orderly ratchet higher to a record high in the benchmark indexes, affirmed by a breakout in bitcoin as gold sleeps, a steep retreat in market volatility and a collapse in corporate-credit spreads, the investment universe […]
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Google hires Windsurf CEO Varun Mohan, others in latest AI talent deal
Chief executive officer of Google Sundar Pichai. Marek Antoni Iwanczuk | Sopa Images | Lightrocket | Getty Images Google on Friday made the latest a splash in the AI talent wars, announcing an agreement to bring in Varun Mohan, co-founder and CEO of artificial intelligence coding startup Windsurf. As part of the deal, Google will […]
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Rocket maker Firefly Aerospace files to go public under ticker FLY
Firefly Aerospace CEO Jason Kim sits for an interview at the Firefly Aerospace mission operations center in Leander, Texas, on July 9, 2025. Sergio Flores | Reuters Rocket maker Firefly Aerospace filed for an initial public offering on Friday, with plans to trade under the ticker symbol “FLY” on the Nasdaq. Firefly’s planned offering comes […]
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Nvidia’s latest milestone shows this is still the AI bull market
Nvidia has shaken off concerns about tariffs and competition to hit a new Wall Street milestone, reinforcing that the artificial intelligence boom is still at the heart of this stock market rally. The chip giant briefly passed $4 trillion in market value on Wednesday, the first company ever to do so, and its shares are […]
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Perplexity launches AI-powered web browser for select group of subscribers
Perplexity AI on Wednesday launched a new artificial intelligence-powered web browser called Comet in the startup’s latest effort to compete in the consumer internet market against companies like Google and Microsoft. Comet will allow users to connect with enterprise applications like Slack and ask complex questions via voice and text, according to a brief demo […]
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Photos show Altman, Iger and Cook arrive at ‘summer camp for billionaires’ in Sun Valley
Key Points Top executives from tech, media and finance gathered in Sun Valley, Idaho, for Allen & Co.’s annual conference this week. The gathering is often referred to as “summer camp for billionaires.” Apple CEO Tim Cook, Walmart CEO Doug McMillon, Disney CEO Bob Iger and OpenAI CEO Sam Altman were pictured entering the lodge. […]
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Shares of Ray-Ban maker EssilorLuxottica jump 6% on reported Meta stake in AI push
Smart Ray-Ban Glasses, on June 16, 2024, in Caen, Normandy, France. Nurphoto | Getty Images Shares of Ray-Ban maker EssilorLuxottica almost 6% on Wednesday on reports that Meta has taken a minority stake in the company amid growing appetite for AI-powered wearable devices. Meta reportedly bought a stake worth around 3 billion euros ($3.51 billion) […]
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