Meta Platforms Inc
How Truth Social could make former President Trump billions before turning a profit
Truth Social is a social media platform whose majority owner is former President Donald Trump. A team of early investors say they want to “end Big Tech’s assault on free speech.” Achieving that may require a rapid uptick in the size of its user base, which is currently unknown. The public has limited access to […]
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Meta debuts newest Llama AI model with help from Nvidia and cloud partners
Meta on Tuesday announced the latest version of its Llama artificial intelligence model, dubbed Llama 3.1. The newest Llama technology comes in three different versions, with one variant being the biggest and most capable AI model from Meta to date. Like previous versions of Llama, the newest model continues to be open source, which means […]
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The ‘Trump trade’ is on pause. Political uncertainty is now in the driver’s seat
It didn’t take long to remember what a second Donald Trump presidential term would mean for the stock market, did it? Unpredictability. Random attacks. No one safe. Mercurial positions. The only difference? Former Vice President Mike Pence meant nothing. He was supposed to mean nothing. Now the Republican candidate’s new running mate, Sen. JD Vance […]
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Op-ed: How well can AI chatbots mimic doctors in a treatment setting? We put 5 to the test
Dr. Scott Gottlieb is a physician and served as the 23rd Commissioner of the U.S. Food and Drug Administration. He is a CNBC contributor and is a member of the boards of Pfizer and several other startups in health and tech. He is also a partner at the venture capital firm New Enterprise Associates. Shani […]
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CNBC Daily Open: Rising geopolitical risk
Traders work on the floor of the New York Stock Exchange during afternoon trading on April 09, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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A growing number of parents are refusing to give their children smartphones — and the movement is going global
Photo: Jaromir Chalabala / Getty LONDON — The evidence linking smartphone use with mental health harms in children is growing and one grassroots organization in the U.K. is supporting parents who are refraining from giving their kids the devices. Smartphone Free Childhood, founded by Daisy Greenwell and Clare Fernyhough in February, set up various group […]
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The next front in U.S.-China tech battle? Underwater cables that power the global internet
Subsea cables are the backbone of the internet, carrying 99% of the world’s data traffic. Serg Myshkovsky | Photodisc | Getty Images U.S.-Chinese tensions surrounding technology have have sunk to sea lows. Subsea cables hit the headlines earlier this year after four out of 15 critical submarine cables in the Red Sea were cut amid […]
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A big European asset manager trims Nvidia shares after huge rally
DNB Asset Management, a Nordic fund giant managing nearly $90 billion as of the end of 2023, dumped a sizable portion of its Nvidia stake after the chipmaker’s stunning 2024 run, according to a new regulatory filing. The firm decreased its Nvidia share count by 9% in the second quarter to about 9.3 million shares, […]
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The Ambani marriage ceremony is costing hundreds of thousands — this is how to have a big impact on a significantly smaller sized price range
MUMBAI, MAHARASHTRA, INDIA – 2024/07/05: Anant Ambani (son of Indian businessman Mukesh Ambani) and his fiancée Radhika Service provider viewed on the purple carpet throughout the sangeet ceremony at Jio Environment Centre in Mumbai. (Picture by Ashish Vaishnav/SOPA Pictures/LightRocket by means of Getty Photos) Sopa Illustrations or photos | Lightrocket | Getty Pictures The lavish […]
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Meta lifts Trump’s Fb and Instagram limits in advance of election
Former President Donald Trump speaks all through his campaign rally at the Trump Countrywide Doral Golfing Club on July 09, 2024 in Doral, Florida. Joe Raedle | Getty Photographs News | Getty Images Meta stated Friday it is getting rid of any beforehand imposed penalties and constraints on previous President Donald Trump’s Fb and Instagram […]
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