Wall Street’s main stock indexes as some big banks dipped after reporting dour quarterly results and most megacap growth stocks and chipmakers receded.
Read More Wall St slips after big bank earnings
Tag: Meta Platforms
Google’s contemplated mega deal would prompt new fight with regulators
Nearly a dozen antitrust experts and industry analysts say it is unlikely that an acquisition by Google would hamper competition.
Read More Google’s contemplated mega deal would prompt new fight with regulators
Yahoo acquires Instagram co-founders’ AI news platform Artifact
The deal signals continued pain for media start-ups struggling to grow revenue at a time when Big Tech giants Alphabet and Meta.
Read More Yahoo acquires Instagram co-founders’ AI news platform Artifact
Meta cannot delay US FTC from reopening privacy probe, court says
Meta cannot delay the FTC from reopening a probe into alleged privacy failures by its Facebook unit.
Read More Meta cannot delay US FTC from reopening privacy probe, court says
New AI benchmark tests speed of responses to user queries
MLCommons released a fresh set of tests and results that rate the speed at which top-of-the-line hardware can run AI applications and respond to users.
Read More New AI benchmark tests speed of responses to user queries
Reddit shares soar 38% in market debut
Reddit’s shares jumped in their debut, signaling that investor appetite for IPOs of promising yet loss-making companies could be returning.
Read More Reddit shares soar 38% in market debut