Meta Platforms Inc
Warren Buffett — worried about impersonators — says he doesn’t endorse candidates or investments
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product or political candidate on social […]
Read More
How trolls, lawsuits and layoffs led to a ‘trust and safety winter’ for misinformation ahead of election
Nina Jankowicz, a disinformation expert and vice president at the Centre for Information Resilience, gestures during an interview with AFP in Washington, DC, on March 23, 2023. Bastien Inzaurralde | AFP | Getty Images Nina Jankowicz’s dream job has turned into a nightmare. For the past 10 years, she’s been a disinformation researcher, studying and […]
Read More
10 analysts just hiked their price targets on these 3 stocks — including a Big Tech AI firm
A slew of Wall Street analysts last week turned even more bullish on three stocks ahead of their quarterly earnings reports. The U.S.-listed stocks are Meta Platforms , Asian e-commerce giant Sea Ltd , and miner Barrick Gold . CNBC Pro screened for stocks in the MSCI World Index that have received share price target […]
Read More
UK regulator warns of big fines, service suspensions for tech giants ahead of new safety rules
Sebastien Bozon | AFP | Getty Images LONDON — Technology giants could face “significant” fines if they don’t comply with the U.K.’s internet safety regulations, which are set to enter into force in two months’ time, the British media regulator Ofcom warned Thursday. The Online Safety Act includes sweeping new rules that will force large tech […]
Read More
Stanley Druckenmiller says he’s ‘licking my wounds’ from selling Nvidia too soon
Stanley Druckenmiller at CNBC’s Delivering Alpha on Sept. 28, 2022. Scott Mlyn | CNBC Billionaire investor Stanley Druckenmiller said on Wednesday that his decision to sell out of Nvidia this year was a “big mistake.” “I’ve made so many mistakes in my investment career — one of them was I sold all my Nvidia probably […]
Read More
Generative AI startups get 40% of all VC investment in cloud amid ChatGPT buzz
Style-photography | Istock | Getty Images Generative artificial intelligence startups are getting 40% of all the venture capital funding that flows into cloud companies, according to venture investors Accel. In its latest annual Euroscape report, which looks at key cloud and AI trends, Accel said that venture funding for cloud startups based in the U.S., […]
Read More
Nvidia heads for record close as AI chipmaker’s market cap tops $3.4 trillion
Jensen Huang, co-founder and chief executive officer of Nvidia Corp., speaks during an event in Taipei, Taiwan, on Sunday, June 2, 2024. Annabelle Chih | Bloomberg | Getty Images Nvidia shares headed for a record close on Monday as Wall Street gears up for earnings season and updates from all of the chipmaker’s top customers […]
Read More
Stripe, Wise founders want a ‘tech renaissance’ in Europe to help region rival Silicon Valley
Patrick Collison, CEO and co-founder of Stripe, speaking at 2022’s Italian Tech Week in Turin, Italy. Giuliano Berti | Bloomberg | Getty Images Founders of some of Europe’s largest technology unicorns on Monday backed an open letter calling for a “tech renaissance” fueled by the creation of a single pan-European entity to promote startups and innovation in […]
Read More
Microsoft will let people buy games through Xbox app on Android in November after Google antitrust ruling
Phil Spencer, CEO of Microsoft Gaming, speaks at the Gamescom conference in Cologne, Germany, on Aug. 23, 2023. Franziska Krug | German Select | Getty Images Microsoft will allow people to buy and play video games through its Xbox app for Android starting in November, the company said on Thursday. The move is an immediate […]
Read More
AMD launches AI chip to rival Nvidia’s Blackwell
AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. The Instinct MI325X, as the chip is called, will start production before the end of 2024, AMD said Thursday during an event announcing the new product. If AMD’s AI chips are seen by […]
Read More