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After Zuckerberg spent billions on an AI ‘dream team,’ he has to deliver for Meta shareholders
World

After Zuckerberg spent billions on an AI ‘dream team,’ he has to deliver for Meta shareholders

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images When Mark Zuckerberg feels the heat, he opens his wallet. The 41-year-old Facebook founder and Meta CEO is on a spending spree like never before in an effort to position […]

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Meta approached Perplexity before massive Scale AI deal
Technology

Meta approached Perplexity before massive Scale AI deal

Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday. The two companies did not finalize a deal, according to two people familiar with the matter who asked not to be named because of the confidential nature of the negotiations. One […]

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Meta, EssilorLuxottica unveil Oakley smart glasses
Technology

Meta, EssilorLuxottica unveil Oakley smart glasses

Meta CEO Mark Zuckerberg presents Orion AR Glasses as he 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 and EssilorLuxottica on Friday unveiled a new line of Oakley smart glasses that include the social media company’s […]

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Trump extends TikTok ban deadline by another 90 days
World

Trump extends TikTok ban deadline by another 90 days

Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump has extended the deadline for TikTok’s parent company ByteDance to sell the short form video app to an American owner. On Thursday, Trump signed an executive order granting a third extension for the Chinese company to sell its video platform so it can continue […]

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Trump to extend TikTok deadline for third time, pushing decision out another 90 days
Technology

Trump to extend TikTok deadline for third time, pushing decision out another 90 days

Muhammed Selim Korkutata | Anadolu | Getty Images For a third time since taking office in January, President Donald Trump plans to extend a deadline that would require China’s ByteDance to divest TikTok’s U.S. business. “President Trump will sign an additional Executive Order this week to keep TikTok up and running,” White House Press Secretary Karoline […]

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Meta to release smart glasses with Oakley and Prada, extending Luxottica partnership
Technology

Meta to release smart glasses with Oakley and Prada, extending Luxottica partnership

Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta and EssilorLuxottica plan to release versions of their AI-powered smart glasses under the Oakley and Prada brands, CNBC has learned. The […]

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Reddit stock jumps after company rolls out new AI advertising tools
Technology

Reddit stock jumps after company rolls out new AI advertising tools

Thomas Fuller | Lightrocket | Getty Images Reddit shares popped about 5% after the social media company debuted new artificial intelligence-powered advertising tools. The two new features, announced Monday in a post during the Cannes Lions festival, will help brands better leverage discussions on the platform. The company said the tools are powered by an […]

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OpenAI new recruiting head says company faces ‘unprecedented pressure to grow’
World

OpenAI new recruiting head says company faces ‘unprecedented pressure to grow’

In this photo illustration, the OpenAI logo is displayed on a mobile phone screen with a photo of Sam Altman, CEO of OpenAI. Didem Mente | Anadolu | Getty Images The pace of artificial intelligence innovation is raising the stakes for companies like OpenAI to snatch up top talent, according to new recruiting head Joaquin […]

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Meta is finally bringing ads to WhatsApp
Technology

Meta is finally bringing ads to WhatsApp

It took 11 years since Facebook acquired it for $19 billion, but Meta is finally bringing ads to WhatsApp, marking a major change for an app whose founders shunned advertising. Meta announced Monday that businesses will now be able to run so-called status ads on WhatsApp that prompt users to interact with the advertisers via […]

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Here’s how to turn off public posting on the Meta AI app
Technology

Here’s how to turn off public posting on the Meta AI app

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 AI generated images of women kissing while mud wrestling and President Donald Trump eating poop are some of the conversations users are unknowingly sharing publicly […]

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