American multinational technology corporation
Stock Market Today: Dow, S&P Live Updates for April 24: A $250 billion exchange-traded fund tracking the Nasdaq 100 got hit in late hours after Meta Platforms ...
bloomberg.com/news/articles/2024-04-23/stock-market-today-dow-s-p-live-updates
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Meta’s stock plunges on ‘aggressive’ AI spending plans: Shares in Meta plunged in premarket trading Thursday as the company’s plans to “invest aggressively” in ...
cnn.com/2024/04/25/investing/meta-stock-plunges-ai-spending/
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.
AI talent wars have Big Tech CEOs recruiting and paying huge packages: CEOs like Mark Zuckerberg and Sam Altman are getting involved in AI recruiting as they ...
businessinsider.com/ai-talent-wars-big-tech-ceos-recruiting-paying-huge-packages-2024-4
Quick Glance: AI Revolutionizing Call Centers: TCS Insights
- The head of Tata Consultancy Services predicts chatbots will reduce the need for human call center agents significantly, revolutionizing the industry.
- TCS's generative AI projects have doubled in value to $900 million by March, highlighting the increasing demand for tech talent and the need for workforce training.
- Reports suggest that overall IT services growth is affected by global uncertainties like inflation, war, and elections, leading to a decline in spending and slower revenue growth for companies like TCS and Infosys.
- Infosys anticipates a modest 1-3% sales growth in the upcoming financial year due to customers delaying discretionary spending on new tech projects amidst the current economic climate.
Mark Zuckerberg asked for patience during Meta's earnings meeting and the stock market responded. The company saw $170 billion worth of equity wiped out ... Show more trib.al/5UKISh4
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
Middle East: Dieter Hallervorden fights for Gaza: "Atrocities usually have a history. And no one is born a terrorist," writes Dieter Hallervorden in a Facebook ...
nzz.ch/feuilleton/wie-aus-einem-komiker-mit-opa-humor-ein-vorkaempfer-fuer-gaza-geworden-ist-ld.1827557
Meta says revenue will be weak as it spends even more on AI: Push to integrate AI into Meta products boosts financial results, with sales and profits beating ...
theguardian.com/technology/2024/apr/24/meta-earnings
$META | Meta Platforms Q1 Earnings:
- GAAP EPS $4.71 (Est. $4.33)🟢
- Sales $36.455B (Est. $36.156B) 🟢
Meta, Microsoft, and Google used 2.2 billion cubic meters of water to cool and power their data centers last year. As artificial intelligence technologies grow ... Show more
Meta’s AI Spending Spree Is Boosting Chip, Networking, Server Stocks: Meta Platforms is headed for a phase of aggressive investments as it builds infrastructure ...
on.barrons.com/3wj7APn
Congress’ first tech crackdown in years is a gift to Big Tech: Meta and Google stand ready to reap a TikTok ban’s rewards.
washingtonpost.com/technology/2024/04/24/tiktok-ban-benefits-meta-google/
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
- ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.
- Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.
- ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.
- As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
Tattooed woman mad about job rejection: A woman whose face is covered in tattoos and piercings has claimed she was denied a job at retailer TJ Maxx over her body ...
news.com.au/lifestyle/real-life/news-life/its-so-annoying-woman-claims-she-was-rejected-by-employer-over-tattoos/news-story/0db190395818979aa7926cb9378f6c0e
X is launching a TV app for videos ‘soon’: X, the company formerly known as Twitter, is launching a dedicated TV app for videos uploaded to the social network ...
techcrunch.com/2024/04/23/x-is-launching-a-tv-app-for-videos-soon/
Meta Gets EU Warning Over Use of Sexual Orientation Data: Meta Platforms Inc.’s Facebook should be blocked from exploiting public information on a users’ sexual ...
bloomberg.com/news/articles/2024-04-25/meta-gets-eu-privacy-warning-over-use-of-sexual-orientation-data
Meta loses $200 billion in value as Zuckerberg focuses earnings call on all the ways company bleeds cash
cnbc.com/2024/04/24/meta-loses-200-billion-in-value-zuckerberg-focuses-on-ai-metaverse.html
Quick Glance: Meta Invests Heavily in Artificial Intelligence
- Meta focuses on AI to enhance app appeal
- The smart glasses with AI capabilities aim to attract users
- Meta envisions AI assistants for complex tasks in communication
- Meta aims to become a global leader in AI, despite significant investments
Threads hits 150 million active users, adds option to archive posts: The app is welcoming new users with more functionality.
mashable.com/article/threads-150-million-users
Meta and Tesla: A Tale of 2 CEOs. Why Musk’s AI Plan Trumps Zuckerberg’s, and 5 Other Things to Know Before Markets Open.
barrons.com/articles/meta-tesla-stock-what-to-know-today-29ea8baa
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Why Are Men With Beards So Much More Attractive? We Have Answers.: With one fake beard, Mark Zuckerberg became an object of thirst.
huffpost.com/entry/why-do-beards-make-so-many-men-so-much-more-attractive_l_6627e6f9e4b096c7bac64da1
Meta Dismay: The Bloomberg Open, Asia Edition: Good morning. Meta plunges on a disappointing outlook. The yen weakens further. And a Klimt painting is sold at a ...
bloomberg.com/news/newsletters/2024-04-24/meta-dismay-the-bloomberg-open-asia-edition
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Ads for Explicit ‘AI Girlfriends’ Are Swarming Facebook and Instagram: WIRED found thousands of ads running on Meta’s social platforms promoting sexually ...
wired.com/story/ads-for-explicit-ai-girlfriends-swarming-facebook-and-instagram/
Mark Zuckerberg says Threads has 150 million monthly active users: Threads, the Twitter/X rival from Meta, is growing at a stable pace. The social network now ...
techcrunch.com/2024/04/24/mark-zuckerberg-says-threads-has-150-million-monthly-active-users/
With the introduction of AI Facebook may finally reach its target to ‘improve the world’
dailymaverick.co.za/article/2024-04-24-with-the-introduction-of-ai-facebook-may-finally-reach-its-target-to-improve-the-world/
Stock Market Today: Dow, S&P Live Updates for April 25: Asian equity markets dropped after Meta Platforms Inc.’s disappointing outlook raised concern on whether ...
bloomberg.com/news/articles/2024-04-24/stock-market-today-dow-s-p-live-updates
Paid articlePaidQuick Glance: Current Stock Market Trends: Dow, S&P Updates for April 24
- Major tech giants experienced a downturn in late hours following disappointing forecasts from Meta Platforms Inc., raising concerns about the stock market's trajectory.
- Before the results, the broader market struggled to gain momentum as traders prepared for economic data that will influence views on the Federal Reserve's next moves.
- Investors withdrew around $200 million from value-based ETFs this month, while growth stocks attracted over $3 billion in inflows.
- JPMorgan Chase & Co. is signaling a clear buy indication for US stocks after reaching a threshold that typically precedes above-average gains.
Microsoft, Snap, Meta, Amazon, AMD, and Other Tech Stocks in Focus Today: Microsoft and Alphabet stock jumped after earnings, while Nvidia, Snap, Amazon ...
barrons.com/articles/microsoft-snap-meta-amazon-amd-tech-stocks-today-cbcce48f
Paid articlePaid Five Things You Need to Know to Start Your Day: Americas: Good morning. Tech stocks struggle after Meta disappointment, earnings season continues apace and ...
bloomberg.com/news/newsletters/2024-04-25/five-things-you-need-to-know-to-start-your-day-americas
Alphabet’s (GOOGL) Cash Pile Raises Dividend Hopes on Wall Street: Alphabet Inc. is bringing in so much cash that hopes are rising it will take a page out of the ...
bloomberg.com/news/articles/2024-04-22/alphabet-s-cash-boom-is-raising-dividend-hopes-on-wall-street
Bitcoin falls below $64,000 as Meta, Microsoft and Google continue to drop: Slow economic growth and weak earnings reports in the tech sector have led to a ...
qz.com/bitcoin-ether-meta-ibm-microsoft-google-alphabet-1851435315
Paid articlePaid TikTok but without the algorithm? TikTok by Meta? A new law this week puts the plaftorm on a death watch—and none of the potential outcomes look great. www.wired.com/story/plaintext-sale-or-no-sale-tiktok-will-never-be-the-same/
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
A disappointing earnings report from Meta has technology investors on edge with results from some of the stock market’s biggest and most important companies ... Show more www.bloomberg.com/news/articles/2024-04-24/meta-s-miss-sparks-fear-in-tech-world-with-big-earnings-looming
The Prompt: The Latest AI Startup To Face Reality: Plus: Mark Zuckerberg’s fake beard and AI-generated e-textbooks
forbes.com/sites/rashishrivastava/2024/04/23/the-prompt-the-latest-ai-startup-to-face-reality/
DJT Stock Rises. Trump Media Ramps Up Fight Against Short Sellers.: Trump Media, the parent of the Truth Social platform has written to the chair of the Nasdaq ...
barrons.com/articles/djt-stock-price-donald-trump-media-truth-social-1d639bdf
Paid articlePaid How a Chicken Sandwich Shows a Hidden Power in the U.S. Economy: A surprising surge in productivity at restaurants and other businesses has helped the nation ...
barrons.com/articles/economy-productivity-recession-22fc540b
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WhatsApp tests offline file sharing and in-app dialing features: Meta-owned messaging platform WhatsApp is reportedly testing new features for its app ...
thedailystar.net/tech-startup/news/whatsapp-tests-offline-file-sharing-and-app-dialing-features-3595136
Meta’s Earnings Need to Deliver. The Risk Is High.: Expectations—and the risk of a disappointment—are high as Meta Platforms, owner of Facebook and Instagram ...
on.barrons.com/3JzQKPe
Alphabet, Microsoft, Intel, Snap, Meta, Exxon, Chevron, and More Stock Market Movers
on.barrons.com/4bcBkfH
Meta’s Open Source Llama 3 Is Already Nipping at OpenAI’s Heels: Meta’s decision to give away powerful AI software for free could threaten the business models of ...
wired.com/story/metas-open-source-llama-3-nipping-at-openais-heels/
Stock market today: GDP growth weaker than expected to start the year: The US economy grew at an annualized rate of 1.6% in the first three months of the year ...
markets.businessinsider.com/news/stocks/stock-market-today-q1-gdp-sp500-earnings-meta-microsoft-alphabet-2024-4
Signal Private Messenger Review: Signal Private Messenger is a free messaging service that puts security and privacy first, delivering polished and safe group ...
pcmag.com/reviews/signal-private-messager
Meta Stock Is Headed for Worst Day in Years, Drop Shaves Billions Off Market Cap: Meta disappoints investors with slightly weaker-than-expected revenue guidance ...
barrons.com/articles/meta-stock-earnings-ai-zuckerberg-c4cb564f
Paid articlePaid Why Meta is looking to the fediverse as the future for social media: Meta’s move into the open social web, also known as the fediverse, is puzzling ...
techcrunch.com/2024/04/25/why-meta-is-looking-to-the-fediverse-as-the-future-for-social-media/
Stock Markets Today: Tesla, Elon Musk, Meta, Treasuries, TikTok ban, Fed: Good morning. Tesla’s shares soar on its plans to roll out cheaper cars as soon as this ...
bloomberg.com/news/newsletters/2024-04-24/stock-markets-today-tesla-elon-musk-meta-treasuries-tiktok-ban-fed
Meta’s New GenAI Is Theatrical. Here’s How To Make It Valuable: Concern about a generative AI bubble is growing. To defend against disillusionment ...
forbes.com/sites/ericsiegel/2024/04/21/metas-new-genai-is-theatrical-heres-how-to-make-it-valuable/
Disappointing Meta forecast pulls down tech peers in extended trade: Disappointing forecasts from Facebook parent Meta Platforms has proven contagious ...
reuters.com/technology/disappointing-meta-forecast-pulls-down-tech-peers-extended-trade-2024-04-24/
It Is Time For Technology To Give Up Its Leadership Position: Stocks like Meta that trade at a premium to the market face a violent reaction if growth slows ...
seekingalpha.com/article/4686076-it-is-time-for-technology-to-give-up-its-leadership-position
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The pink moon is here and will appear full for several days this week, from Monday morning to Thursday morning, according to NASA ... Show more abcnews.go.com/Site/fullpage/page-unavailable-61369435
Dow drops more than 600 points on inflation and growth concerns, heads for biggest drop of the year: Live updates
cnbc.com/2024/04/25/dow-drops-more-than-600-points-on-inflation-and-growth-concerns-live-updates.html
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.
Mark Zuckerberg revealed that Meta's massive $1 billion bet on Nvidia's H100 GPUs was originally meant to be used to help make Instagram Reels better ... Show more
Stock Markets Today: Anglo American, yen, Meta, bank earnings: Get up to speed with what the markets are monitoring
bloomberg.com/news/newsletters/2024-04-25/stock-markets-today-anglo-american-yen-meta-bank-earnings
Microsoft (MSFT), Alphabet (GOOGL) Face a ‘Show Me’ Moment After Meta Misfire: The stakes are high as two of the biggest artificial intelligence players prepare ...
bloomberg.com/news/articles/2024-04-25/microsoft-alphabet-face-a-show-me-moment-after-meta-misfire
Wall Street stocks closed lower as markets were stunned by data showing slower-than-expected US economic growth and persistent inflation ... Show more www.reuters.com/markets/us/futures-falter-meta-platforms-weighs-megacaps-2024-04-25/
Meta's Threads now has more daily US users than Musk's X: Launched less than a year ago as a rival for Twitter, Threads is continuing to gain ground with users.
businessinsider.com/meta-threads-more-daily-us-users-twitter-elon-musk-x-2024-4
Meta shares sink after it reveals spending plans: The firm said expenses would be higher this year as it spends heavily on artificial intelligence.
bbc.com/news/articles/cl40v5x483yo
Morning Bid: Tesla catches break, Meta next; TikTok countdown: A look at the day ahead in U.S. and global markets from Mike Dolan
reuters.com/markets/us/global-markets-view-usa-2024-04-24/
Meta’s Mark Zuckerberg avoided a cage match with Elon Musk but got a jab in anyway by passing him on the billionaires list
fortune.com/2024/04/22/mark-zuckerberg-avoided-cage-match-with-elon-musk-but-got-jab-in-anyway-by-passing-him-billionaires-list-tesla-meta/
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Meta shares fall as it predicts higher expenditure on AI : Facebook and Instagram parent steps up investment as Big Tech jockeys for position in the sector
ft.com/content/6f00608a-8392-4062-b1f2-fb63910ac2dd
Paid articlePaid Bitcoin Rises. Why Tesla and Meta Earnings Could Help—or Hurt—Cryptos.: Bitcoin correlation to the stock market and wider risk sentiment puts Big Tech earnings ...
on.barrons.com/49Wz4Ih
Meta Stock Q1 Preview: Can Ads Growth Keep Up With AI Spending?: The stakes are high for Meta stock as the Facebook parent company is set to release Q1 earnings ...
investors.com/news/technology/meta-earnings-q1-preview-spending-ads-growth/
DJT Stock Slips. Why Trump Media Doesn’t Trade Like Other Social-Media Companies.
barrons.com/articles/djt-stock-price-trump-media-truth-social-fbe03407
Paid articlePaidQuick Glance: Trump Media Seeks Congressional Probe on 'Troubling' Market Manipulation Claims
- Trump Media & Technology Group is asking Congress to investigate suspicions of illegal activity affecting its stock price.
- In a disclosed letter, Devin Nunes, the CEO of Truth Social owner Trump Media, urged GOP Chairmen of relevant House Committees to examine the 'urgent matter' of 'potential manipulation' of the company's stock price.
- Trump Media recently reported a $58 million loss in 2023 with minimal revenue. The company's price-to-sales ratio, a common stock valuation method, is notably high compared to competitors in the social media sector.
- In the communication to Congress, Trump Media highlighted that data suggests 'just four market participants' accounted for over 60% of the exceptional trading volume in the company's stock: Citadel Securities, Virtu Americas, G1 Execution Services, and Jane Street Capital.
The Stock Market Is Flirting With Trouble. Watch These Key Price Levels.: The sell-off puts the S&P 500 just above a key support level and could spell trouble ...
barrons.com/articles/s-p-500-technical-support-correction-90845a21
Paid articlePaid A Tiktok ban is a win for Mark Zuckerberg: Mark Zuckerberg is likely paying close attention to the possible ban or forced sale of TikTok ...
businessinsider.com/tiktok-ban-win-mark-zuckerberg-meta-instagram-reels-why-2024-4
DHDL: Bye Bye Toe introduces briefs against cameltoe: When pants pull into the crotch, a so-called “camel toe” is created. Marie Mueller, on the other hand ...
businessinsider.de/gruenderszene/business/kein-cameltoe-mehr-dhdl-gruenderin-praesentiert-den-loewen-neuartigen-slip/
In the search for Arian, who has been missing since Monday evening (April 22), the investigators are now using balloons and sweets to find him: “They did it to ... Show more www.focus.de/panorama/welt/mit-drohne-und-suchhunden-arian-6-seit-zwei-naechten-vermisst-jetzt-entdecken-beamte-erste-spur_id_259880438.html
The Morning After: Meta teases a limited-edition Quest headset inspired by Xbox: The biggest news stories this morning: Grindr sued for allegedly sharing users’ ...
engt.co/3w3bfko
Russia convicts the spokesperson for Facebook owner Meta in a swift trial in absentia
abcnews.go.com/International/wireStory/russia-convicts-spokesperson-facebook-owner-meta-swift-trial-109496287
These Stocks Are Moving the Most Today: Meta, IBM, Ford, Anglo American, Microsoft, Alphabet, and More
barrons.com/articles/stock-market-movers-f298e9b0
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Meta’s Advertising Business Keeps Rolling as AI Aspirations Rise: Meta Platforms reported record first-quarter sales, as it continued building on AI-powered ...
on.wsj.com/3UwsX99
Meta, in Its Biggest A.I. Push, Places Smart Assistants Across Its Apps: Users of Instagram, Facebook, WhatsApp and Messenger will be able to turn to the new ...
nytimes.com/2024/04/18/technology/meta-ai-assistant-push.html
Meta's new AI assistant wanted to answer users' questions and now it's getting on their nerves
qz.com/meta-ai-tool-users-instagram-chatgpt-1851430125
Mark Zuckerberg Just Made It Official: Meta Is Going Open-Model With Horizon OS: The Facebook founder is letting other hardware-makers use his company's ...
inc.com/ben-sherry/mark-zuckerberg-companies-can-build-products-on-meta-headset-os.html
Mark Zuckerberg spilled the beans on his new chain necklace look: Mark Zuckerberg's been in the spotlight recently thanks to his chain necklace ...
businessinsider.com/mark-zuckerberg-dug-into-new-chain-necklace-look-2024-4
Paid articlePaid
Meta Horizon OS: Other manufacturers get access: Meta wants to find new partners and deliver its system to more people. For this reason ...
stadt-bremerhaven.de/meta-horizon-os-andere-hersteller-bekommen-zugriff/
The announcement came in the midst of a blowout quarter, suggesting that the growth from the password crackdown and ad-supported tier might be waning. Plus ... Show more
Snap shares soar 25% as company beats on earnings, shows strong revenue growth: Snap reported first-quarter results that beat analysts' estimates
cnbc.com/2024/04/25/snap-snap-q1-2024-earnings-.html
Wall Street closed higher following upbeat earnings from corporate giants like General Motors while investors looked to Big Tech peers Microsoft ... Show more www.reuters.com/markets/us/futures-inch-higher-run-up-corporate-earnings-2024-04-23/
Quick Glance: Overview: Tesla Stocks Plummet, Europe Business Surpasses Expectations
- World markets have brightened slightly this week, but Tesla is facing a critical earnings test, while Europe's business pulse has surprisingly been lively this month.
- Following the worst week on Wall Street since 2022, relief from easing Middle East tensions helped stabilize the situation on Monday. The chip giant Nvidia made a modest recovery from losses as Big Tech megacaps gear up for quarterly earnings releases.
- As the first of the 'Magnificent 7' Vanguard stocks, electric vehicle giant Tesla will report on Tuesday, having plummeted by a substantial 43% year-to-date and nearly 60% over the past two years amidst fierce price competition, declining EV demand, and governance/product concerns.
- While Big Tech jitters define this month's market fluctuations, investors will closely watch the upcoming results for a clearer perspective.
TechScape: No WhatsApp in China, no TikTok in the US, and the return of Llama: In this week’s newsletter: While Apple removed the platform from App Stores ...
theguardian.com/technology/2024/apr/23/techscape-apple-app-store-china-tiktok-meta-llama
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