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Mark Zuckerberg thinks AI is Meta's future. Not everyone is convinced.: Meta's plans to keep spending "aggressively" on AI research seems likely to test ...
businessinsider.com/meta-earnings-mark-zuckerberg-ai-spending-tech-investors-stock-2024-4
Mark Zuckerberg thinks AI is Meta's future. Not everyone is convinced.
Quick Glance: Microsoft's Leadership in AI Threatens Amazon Cloud Dominance
  • Microsoft is poised to potentially surpass Amazon in the cloud computing market with innovative AI features.

  • Upcoming quarterly reports from Microsoft will illuminate the impacts of AI investments.

  • Microsoft's Azure cloud service could experience significant growth fueled by generative AI.

  • Google and Amazon are also focusing on integrating AI into their cloud services.
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The economy grew a disappointing 1.6% in Q1. What does it mean for interest rates?
usatoday.com/story/money/2024/04/25/gdp-report-first-quarter/73437532007/
The economy grew a disappointing 1.6% in Q1. What does it mean for ...
Quick Glance: Disappointing Q1 Economic Growth and Implications
  • The U.S. GDP grew at a rate of 1.6% in the first quarter, falling below expectations due to slower inventory replenishment and weak export growth.

  • Despite the disappointing growth last quarter, this could potentially alter the views of Fed officials who were not keen on cutting rates following an upsurge in consumer prices.

  • Some analysts believe that the weaker-than-expected report indicates the beginning of a broader economic slowdown.

  • The report also highlights the performance of other sectors of the economy, such as the surge in housing construction, business investment growth, slower government spending, and the impact of trade on economic growth.
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The Meta-morphosis of Mark Zuckerberg: The robotic nerd depicted in “The Social Network” has turned into the kinder, more accessible face of Silicon Valley ...
nytimes.com/2024/04/24/style/mark-zuckerberg-new-look.html
The Meta-morphosis of Mark Zuckerberg
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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Is Southwest about to end its free-for-all seating?: Southwest Airlines is known for its open-seating policy, but the company says it is “very seriously ...
washingtonpost.com/travel/2024/04/25/southwest-assigned-seating-boarding/
Is Southwest about to end its free-for-all seating?
Quick Glance: Is Southwest Ending Free Seating?
  • Southwest Airlines is seriously considering seating allocation and passenger boarding to enhance its financial performance.

  • Unlike most other airlines, Southwest does not have a premium section with higher fares.

  • The airline is closely examining customer preferences regarding seating and boarding processes.

  • Experts believe that Southwest could potentially earn a significant amount of money by introducing assigned seating.
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Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Honda to set up $11 bln electric vehicle, battery plants in Canada
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
  • Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.

  • Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.

  • The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.

  • Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
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Boeing problems lead Southwest to drop service to four airports: Southwest Airlines announced Thursday it will stop serving four airports due to delays in the ...
cnn.com/2024/04/25/business/boeing-problems-southwest-ends-service-4-airports/
Boeing problems lead Southwest to drop service to four airports
Quick Glance: Boeing faces revenue decline after 7 quarters with decreasing deliveries
  • Boeing experienced a revenue decline in the last quarter, marking the first time in seven quarters as aircraft deliveries decrease.

  • The quarterly revenue amounted to $16.57 billion, surpassing the expectations of $16.23 billion.

  • Boeing aims to deliver a significant portion of its inventory of 737s and 787s by the end of the year to generate much-needed capital.

  • Operating margins at Boeing's defense business improved to 2.2% in the quarter, compared to a negative value of 3.2% a year ago.
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Lord of the Rings Trilogy Returning to Theaters in June - IGN: The Lord of the Rings trilogy is returning to theaters in June 2024, including the first ...
ign.com/articles/lord-of-the-rings-trilogy-returning-to-theaters-in-june
Lord of the Rings Trilogy Returning to Theaters in June - IGN
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Who could buy TikTok?: The clock has begun ticking for TikTok to find a new owner.
cnn.com/2024/04/25/tech/who-could-buy-tiktok/
Who could buy TikTok?
Quick Glance: TikTok Ban Threat: ByteDance Prefers Closure Over Sale, Insiders Say
  • ByteDance, the owner of TikTok, would prefer to shut down its loss-making app rather than sell it if all legal options to fight legislation to ban the platform from app stores in the US are exhausted, said four sources.

  • TikTok accounts for a small share of ByteDance’s total revenues and daily active users, so the parent would rather have the app shut down in the US in a worst-case scenario than sell it to a potential American buyer, they said.

  • ByteDance would not agree to sell one of its most valuable assets – its “secret source” – to rivals, said the four sources, referring to the TikTok algorithm.

  • After facing challenges regarding bans, the short-form video app has encountered partial and attempted prohibitions in the US and other nations.
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Macron to outline vision for independent, 'stronger Europe' in keynote speech: French President Emmanuel Macron will outline Thursday his vision for a stronger ...
france24.com/en/europe/20240425-macron-to-outline-vision-for-independent-stronger-europe-in-keynote-speech
Macron to outline vision for independent, 'stronger Europe' in keynote ...
Quick Glance: Macron Calls for Stronger European Defense
  • Macron urged Europe to adopt a credible defense strategy less dependent on the US.

  • He warned that Europe was not adequately prepared to face global threats like Russia's war in Ukraine.

  • Emphasizing European sovereignty, Macron called for autonomy in defense and the economy.

  • He advocated for a revision of EU trade policy, prioritizing European suppliers for military equipment.
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Harley-Davidson profit falls 23% on slowing sales, shares tumble: Harley-Davidson on Thursday reported a 23% decline in first-quarter profit ...
reuters.com/business/autos-transportation/harley-davidson-quarterly-profit-falls-slow-demand-2024-04-25/
Harley-Davidson profit falls 23% on slowing sales, shares tumble
Quick Glance: Harley-Davidson Boosts Profit with New Models
  • Harley-Davidson reported a better-than-expected first-quarter profit, driven by sales of new Touring motorcycles in North America.

  • The company benefited from increased demand for the newly launched 2024 Touring models, while facing declining sales in Europe and Asia.

  • Adjusted earnings per share for the first quarter were $1.72, exceeding the average analyst expectation of $1.51 per share.

  • Revenue from motorcycles and related products decreased by about 5% to $1.48 billion in the quarter, but still surpassed estimates of $1.34 billion.
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Federal judge rejects Trump's appeal of $83M defamation verdict in E. Jean Carroll case
axios.com/2024/04/25/trumps-appeal-e-jean-carroll-rejected
Federal judge rejects Trump's appeal of $83M defamation verdict in E ...
Quick Glance: Court Rejects Trump's Bid for New Trial Against E. Jean Carroll
  • A federal judge rejected former President Donald Trump’s request for a new trial—or to throw out the $83.3 million defamation ruling—against writer E. Jean Carroll, marking the latest legal loss for the former president.

  • In the Thursday ruling rejecting the request for a new trial or the judgment to be dismissed, U.S. District Judge Lewis Kaplan said Trump’s argument was “without merit,” made “conspicuously without success” and “defies common sense.”

  • Robbie Kaplan, Carroll’s lawyer, told Forbes in a statement they are “pleased with though not surprised by” the court’s decision, adding the award was “entirely reasonable” because of Trump’s continued defamation, “hatred and disdain.”

  • In January, a jury determined Trump had to pay Carroll $83.3 million in damages after she accused him of sexual assault. Previously, another jury found Trump liable for sexual assault in the 1990s and subsequent defamation, ordering him to pay $5 million.
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Chipotle renamed its barbacoa filling, diners didn't know what it was: The burrito filling is now listed as "braised beef barbacoa" on Chipotle's website as ...
businessinsider.com/chipotle-renamed-barbacoa-customers-didnt-know-it-was-braised-beef-2024-4
Chipotle renamed its barbacoa filling, diners didn't know what it was
Quick Glance: Chipotle lifts annual sales forecast despite uncertainties
  • Chipotle raised its full-year sales forecast due to resilient demand for burritos and rice bowls despite higher menu prices.

  • The company anticipates mid-to-high-single digit percentage growth in comparable restaurant sales for 2024.

  • Chipotle implemented price hikes to protect its profit margin from increased ingredient costs like beef and avocados.

  • Chipotle's adjusted profit in the first quarter came in at $13.37 per share, surpassing estimates of $11.68.
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Tattooed applicant claims she was denied TJ Maxx job over her ink, confronts store employees: 'It's so annoying'
nypost.com/2024/04/25/lifestyle/tattooed-tiktoker-claims-she-was-denied-tj-maxx-job-over-her-ink-confronts-store-employees/
Tattooed applicant claims she was denied TJ Maxx job over her ink ...
Quick Glance: Tattooed Applicant Denied TJ Maxx Job Over Body Art, Confronts Store Employees: 'It's So Annoying'
  • A woman with tattoos and piercings on her face claims she was denied a job at TJ Maxx due to her body art.

  • Ash Putnam expressed her frustration in a viral TikTok after applying for a job with the retailer but receiving an automated rejection without a clear explanation.

  • The 23-year-old Ash Putnam alleges she was denied a job at TJ Maxx because of her body art. She went to the store to address the issue of not being offered the position.

  • Putnam criticized that her tattoos were a defining factor for job rejection. Despite not urgently needing the job at TJ Maxx, she still felt sidelined by the store.
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The parent of Facebook and Instagram lost some $150 billion in market value after CEO Mark Zuckerberg said the company is going to invest aggressively in AI ... Show more
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The 3.5 Percent Inflation Plateau: Prices have been rising faster than expected for the past three months. What’s going on?
theatlantic.com/ideas/archive/2024/04/inflation-above-fed-target/678174/
The 3.5 Percent Inflation Plateau
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Southwest Airlines flight attendants ratify new contract: Southwest Airlines' flight attendants on Wednesday voted in favor of a new contract with an immediate ...
reuters.com/business/aerospace-defense/southwest-airlines-flight-attendants-ratify-new-contract-2024-04-24/
Southwest Airlines flight attendants ratify new contract
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Passengers on a Spirit Airlines flight to Newark saw a mysterious liquid flowing down the plane's aisle.
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What's EMTALA, the federal law at the center of the Supreme Court's Idaho abortion case?
pbs.org/newshour/health/whats-emtala-the-federal-law-at-the-center-of-the-supreme-courts-idaho-abortion-case
What's EMTALA, the federal law at the center of the Supreme ...
Quick Glance: Supreme Court Divided on Emergency Abortion Access: Highlights
  • The Supreme Court seems divided on access to emergency abortions in states with near-total bans.

  • The 1986 Emergency Medical Treatment and Labor Act could impact abortion access in emergencies.

  • The debate raises questions about fetal personhood and abortion rights conflict.

  • The court's decision could affect abortion access in 14 states with strict abortion bans.
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Sorry, Optimus. Megatron is a lot cooler. Tap the 🔗 in our bio to see the full hands on and what Robosen Megatron can do. #hasbro #robosen #transformers #megatron #tech #gadgets ... Show more   #unboxing
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Billie Eilish Just Said the Most Clueless Thing About Gen Z: “I never learned to type because I wasn’t that generation, and now I regret it ...
thedailybeast.com/obsessed/billie-eilish-just-said-the-most-clueless-thing-about-gen-z
Billie Eilish Just Said the Most Clueless Thing About Gen Z
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AI can apparently predict a person's political stance just by reading their face: That's according to a new study authored by researchers at the Graduate School ...
qz.com/ai-political-party-face-recognition-1851433898
AI can apparently predict a person's political stance just by reading ...
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Why the U.S. Is Forcing TikTok to Be Sold or Banned: Lawmakers in numerous countries have expressed concerns that TikTok, which is owned by the Chinese company ...
nyti.ms/3vX3kVT
Why the U.S. Is Forcing TikTok to Be Sold or Banned
Quick Glance: What Lies Ahead for TikTok in the US?
  • The US Senate has unanimously approved a bill that could potentially lead to the banning of TikTok within nine months, unless its Chinese owner, ByteDance, withdraws from the video-sharing app due to concerns about national security threats.

  • President Joe Biden has confirmed his intention to sign the legislation on Wednesday.

  • ByteDance acquired the well-known karaoke app Musical.ly and rebranded it as TikTok back in 2017. It has become one of the fastest-growing applications in the United States, boasting 150 million monthly subscribers.