Meta Platforms Inc
Telcos race to transition from ‘dumb pipes’ to tech players with help from AI
Ryu Young-sang, CEO of South Korean telecoms giant SK Telecom, told CNBC that AI is helping telecoms firms improve efficiency in their networks. Manaure Quintero | Afp | Getty Images BARCELONA — Global telecommunications firms are talking up advances in key technologies like artificial intelligence as they look to transition away from being perceived as […]
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Y Combinator startups are fastest growing, most profitable in fund history because of AI
Silicon Valley’s earliest stage companies are getting a major boost from artificial intelligence. Startup accelerator Y Combinator — known for backing Airbnb, Dropbox and Stripe — this week held its annual demo day in San Francisco, where founders pitched their startups to an auditorium of potential venture capital investors. Y Combinator CEO Garry Tan told […]
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After such a relentless market correction, the relief rally faces a high burden of proof
It felt better, but did it mean anything? Friday’s zippy 2.1% bounce in the S & P 500 , at minimum, interrupted one of the more relentless retrenchments from a record high Wall Street had seen. The index took a mere three weeks and a day to fall just over 10% from its peak on […]
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After Elon Musk’s Delaware exit, state lawmakers weigh bill to overhaul corporate law
Tesla CEO Elon Musk looks on as US President Donald Trump speaks to the press as they stand next to a Tesla vehicle on the South Portico of the White House on March 11, 2025 in Washington, DC. Mandel Ngan | AFP | Getty Images Tesla CEO Elon Musk turned Delaware’s corporate law into a […]
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Tech’s 3-week sell-off, led by Tesla, wipes out $2.7 trillion in value from megacaps
Less than two months ago, the tech industry’s top leaders flocked to Washington, D.C., for the presidential inauguration, part of an effort to strike a friendly tone with President Donald Trump after a contentious first go-round in the White House. Thus far, they’ve avoided any nasty social media posts from the president. But their treatment […]
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Meta’s Community Notes will use open-source technology from Elon Musk’s X
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’s upcoming Community Notes feature for monitoring misinformation through crowdsourcing will use some technology developed by Elon Musk’s X for its similar service. On Thursday, Meta revealed in a […]
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Meta goes to arbitrator to prevent whistleblower from promoting tell-all book
This photo illustration created Jan. 7, 2025, shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo. Drew Angerer | Afp | Getty Images Meta is seeking to stop the promotion of a new memoir by a former staffer that paints the social media company in an unflattering light, […]
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Stocks making the biggest moves midday: Nvidia, Intel, PepsiCo, Tesla and more
Check out the companies making headlines in midday trading. Nvidia — Stock in the chipmaker surged more than 6%, reversing course after several weak sessions. Shares slumped roughly 8% in March and are down 14% in 2025. Target — Stock in the retailer slipped about 3%, as the broader field of consumer defensive stocks took […]
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Asana CEO Dustin Moskovitz announces retirement, stock price drops 25%
Asana CEO and Facebook co-founder Dustin Moskovitz PATRICIA DE MELO MOREIRA | AFP | Getty Images Dustin Moskovitz, the CEO of Asana and one of the original co-founders of Facebook, will retire from the enterprise software company. Asana announced Moskovitz’s retirement on Monday as part of the company’s fourth-quarter earnings report, and its board has […]
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