Social media
Meta shares hit all-time high as Mark Zuckerberg goes on AI hiring blitz
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images Meta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group. The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock […]
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Tesla’s IPO was 15 years ago. The stock is up almost 300-fold since then
CEO of Tesla Motors Elon Musk waves after ringing the opening bell at the NASDAQ market in celebration of his company’s initial public offering in New York June 29, 2010. Brendan McDermid | Reuters At the time of Tesla’s IPO 15 years ago, the company had generated roughly $150 million in revenue in its lifetime. […]
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At 20 years old, Reddit is defending its data and fighting AI with AI
Reddit CEO Steve Huffman stands on the floor of the New York Stock Exchange (NYSE) after ringing a bell on the floor setting the share price at $47 in its initial public offering (IPO) on March 21, 2024 in New York City. Spencer Platt | Getty Images News | Getty Images For 20 years, Reddit […]
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More Southeast Asians are flocking to China’s Chongqing city. Social media hype is a big reason
Chongqing, China. Jackyenjoyphotography | Moment | Getty Images A new trend is driving Southeast Asian tourists to China’s Chongqing city — viral social media clips of monorails running through a residential building, buildings perched atop hilly terrain, and a pedestrian bridge on the 13th floor. Flight bookings from Southeast Asia to Chongqing increased more than […]
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Meta wins AI copyright case, but judge says others could bring lawsuits
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta on Wednesday prevailed against a group of 13 authors in a major copyright case involving the company’s Llama artificial intelligence model, but the judge […]
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Micron reports earnings, revenue beat and issues strong forecast
Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing in America agenda, at the Milton J. Rubenstein Museum in Syracuse, New York, April 25, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Micron shares rose in extended trading on Wednesday after the chipmaker reported […]
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Bumble jumps 15% as dating company plans to axe 30% of workforce
DANA POINT, CALIFORNIA – SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media’s 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media) Jerod Harris | Getty Images Entertainment | Getty Images Bumble shares rallied more […]
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Meta is absent from SF Pride this year, as tech industry retreats from public support of LGBTQ+
Parade goers hold Pride flags during the annual Pride Parade in San Francisco on Sunday, June 29, 2024. Minh Connors | San Francisco Chronicle | Hearst Newspapers | Getty Images Meta CEO Mark Zuckerberg is staying mum these days when it comes to the LGBTQ+ community. It wasn’t always that way. San Francisco Pride Executive […]
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U.S. House tells staffers not to use Meta’s WhatsApp
A woman walks past a logo of WhatsApp during a Meta event in Mumbai, India, on Sept. 20, 2023. Niharika Kulkarni | Nurphoto | Getty Images Meta is pushing back against a ban on WhatsApp from government devices. The chief administrative officer, or CAO, of the U.S. House of Representatives told staffers on Monday that […]
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Trump Media approves $400 million stock buyback
U.S. President Donald Trump speaks to the media upon arrival at Joint Base Andrews following a visit to North Carolina, in Maryland, U.S., June 10, 2025. Evelyn Hockstein | Reuters Trump Media & Technology Group, the parent company of Truth Social, Truth+, and the fintech platform Truth.Fi, said Monday its board has approved a stock […]
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