Big lesson from this week’s earnings: AI buildout is not a zero-sum game
This week’s impressive earnings results showed that the AI buildout is not a zero-sum game: both hardware and…
Meta’s $18 billion settlement puts TikTok, YouTube next on firing line
Meta CEO Mark Zuckerberg leaves the federal courthouse in downtown Los Angeles after defending the company in a…
California AG Bonta says Meta case about restitution and distortion
Meta Platforms CEO Mark Zuckerberg departs the office of U.S. Majority Leader John Thune (R-SD) following a meeting…
Hims & Hers CEO Andrew Dudum talks FTC lawsuit, GLP-1s, AI
Hims & Hers CEO Andrew Dudum defended the telehealth company amid a Federal Trade Commission lawsuit over its…
Meta battle with California AG could have ‘astronomical’ consequences
Mark Zuckerberg, CEO of Meta, is seen in the U.S. Capitol after a meeting in the office of…
Meta’s flurry of AI initiatives this month hasn’t helped lift the stock. What will?
Meta Platforms unveiled a flurry of AI initiatives this month — from lower-cost smart glasses and an enterprise…
Snap Inc (SNAP) Buys Illumix. Augmented Reality in Focus
Snap Inc (NYSE:SNAP) is one of the most promising metaverse stocks to buy now. On June 4, Variety reported that…
UK to ban social media for under-16s to ‘give kids their childhood back’
Britain will ban social media from offering services to under-16s, Prime Minister Keir Starmer announced on Monday. The…
Snap stock jumps after plan to cut 16% of its workforce citing AI
Omar Marques | SOPA Images | Lightrocket | Getty Images Snap‘s shares jumped on Wednesday after the company…
Analysts say a luxury eyewear giant could be the next AI winner
Key Points Smart glasses look to be the most important growth pillar for EssilorLuxottica in the medium term,…