Meta Platforms Inc
AI cloud provider CoreWeave files for IPO
CoreWeave, a provider of cloud-based Nvidia processors to companies including Meta and Microsoft, is headed for the public market. In its IPO prospectus on Monday, CoreWeave said revenue in 2024 soared more than 700% to $1.92 billion. The company recorded a net loss of $863.4 million. In 2024, 62% of CoreWeave’s revenue came from Microsoft. […]
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Microsoft is shutting down Skype after a 21-year run. Here’s how it lost out to video call rivals
Kelly Harris of San Jose, leans over to kiss the web cam as she says her goodbye to Brian Johnson, her brother stationed in Japan, at the end of their video phone call via Skype in San Jose, Calif. on Nov. 25, 2009. Lea Suzuki | San Francisco Chronicle | Hearst Newspapers | Getty Images […]
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House Judiciary Committee subpoenas Alphabet, Meta, other tech giants over ‘foreign censorship’ of speech
Rep. Jim Jordan (R-OH) is interviewed by FOX and Friends at the U.S. Capitol on Jan. 3, 2025 in Washington, DC. Chip Somodevilla | Getty Images House Judiciary Chair Jim Jordan, R-Ohio, sent subpoenas to eight technology companies asking for more information about their communications with foreign governments over concerns that they seek to “censor […]
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Autodesk says it will cut 1,350 employees, or 9% of workforce, to make the most of sales changes
Andrew Anagnost, chief executive officer of Autodesk Inc., during a Bloomberg Television interview in London, UK, on April 25, 2023. Chris Ratcliffe | Bloomberg | Getty Images Design software maker Autodesk said Thursday that it will lay off 1,350 employees, which works out to 9% of its workforce. The job cuts follow a series of […]
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Meta plans to release standalone Meta AI app in effort to compete with OpenAI’s ChatGPT
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta AI will soon become one of the social media company’s standalone apps, joining Facebook, Instagram and WhatsApp, CNBC has learned. The company intends to debut […]
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Meta announces experimental Aria Gen 2 research smart glasses
At the Meta Connect developer conference, Mark Zuckerberg, head of the Facebook group Meta, shows the prototype of computer glasses that can display digital objects in transparent lenses. Andrej Sokolow | Picture Alliance | Getty Images Meta on Thursday revealed the latest version of its experimental smart glasses intended to help bolster research into artificial […]
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Amazon touts its first quantum computing chip a week after Microsoft’s unveiling
Amazon on Thursday revealed its first chip for quantum computing, and said the design is a step toward building efficient high-scale systems. The processor is called Ocelot, and the announcement comes as more tech companies tout their advancements in quantum. Last week, Amazon cloud rival Microsoft showed off its inaugural quantum chip. Microsoft had a […]
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Reddit co-founder says Meta’s end to third-party fact-checking is ‘very pragmatic’
Reddit‘s co-founder says Meta‘s decision to end third-party fact-checking on its platforms was a “pragmatic” one, characterizing the move as a reversal of an unviable program. In January, just days before Donald Trump was sworn in as U.S. president for the second time, Meta announced it would end third-party fact-checking on its platforms, a program […]
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Meta apologizes after Instagram users flag flood of graphic and violent content
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Meta apologized on Thursday for a mistake that resulted in some Instagram users reporting a flood of violent and graphic content recommended on their personal “Reels” page. “We are […]
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Jeff Bezos orders Washington Post opinion pages to support ‘personal liberties and free markets’; top editor resigns
(L-R) Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025. Saul Loeb | Afp | Getty Images Jeff Bezos, the […]
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