Mobile
Meta CEO Mark Zuckerberg defends AI spending: ‘We’re seeing the returns’
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg is sounding a familiar tune when it comes to artificial intelligence: better to invest too much than too little. […]
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Meta’s Reality Labs posts $4.4 billion loss in third quarter
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Ray-Ban Display AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta continues to sink money into the metaverse, anchored by virtual reality and augmented […]
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Microsoft hit with Azure, 365 outage ahead of quarterly earnings report
Microsoft CEO Satya Nadella departs following a meeting of the White House Task Force on AI Education in the East Room of the White House in Washington on Sept. 4, 2025. Eric Lee | Bloomberg | Getty Images Microsoft was hit with outages in its Azure cloud and 365 services on Wednesday, hours before the […]
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Meta to report third-quarter earnings after the bell
Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta is slated to report third-quarter earnings on Wednesday after the bell […]
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Apple’s iPhone Air doesn’t look like a bestseller. It might not matter
CEO of Apple Tim Cook looks at the new iPhone 16 with Siddharth Suryanarayan and Aditi Rao Hydari as Apple holds an event at the Steve Jobs Theater on its campus in Cupertino, California, U.S. September 9, 2024. Manuel Orbegozo | Reuters Apple’s Thursday earnings report is critical for investors because it includes the first […]
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Meta’s AI app has seen growth soar since launch of Vibes, but trails OpenAI’s Sora
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta’s AI app has seen a major jolt in downloads since launching its Vibes […]
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Jensen Huang says Nvidia’s AI chips are now being manufactured in Arizona
Jensen Huang, chief executive officer of Nvidia Corp., speaks to members of the media prior to the keynote address at the Nvidia AI summit in Washington, DC, US, on Tuesday, Oct. 28, 2025. Kent Nishimura | Bloomberg | Getty Images Nvidia CEO Jensen Huang said at the company’s GTC conference on Tuesday that its Blackwell […]
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Apple, Microsoft cross $4 trillion market cap
Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Apple and Microsoft shares rose on Tuesday, pushing the companies over a market cap of $4 trillion. Both companies are still behind Nvidia, which is the world’s most valuable company with a market cap of over $4.6 trillion. Microsoft previously hit the $4 trillion […]
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OpenAI’s spending bonanza has Wall Street focused on capex in Big Tech earnings reports
Microsoft CEO Satya Nadella, right, speaks as OpenAI CEO Sam Altman looks on during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images OpenAI’s head-spinning investments announced in recent months have led to increased scrutiny of the hyperscalers, which are all racing to develop infrastructure for the accelerating […]
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Meta replacing humans with AI for FTC-mandated privacy reviews
Priscilla Chan, left, Meta CEO Mark Zuckerberg, and Lauren Sanchez are among guests attending Donald Trump’s inauguration as the 47th U.S. president in the Capitol Rotunda in Washington, D.C., Jan. 20, 2025. Saul Loeb | Afp | Getty Images Meta said Thursday that it’s laying off an undisclosed number of employees in its risk organization […]
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