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Tag: meta

Figurines with computers and smartphones are seen in front of Alphabet logo in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration

Alphabet jumps as AI-driven spending fuels cloud revenue surge

Alphabet shares rose more than 3% in early trading as the Google parent’s earnings underscored a key message to investors: AI spending is climbing, but so are the returns.

Read More Alphabet jumps as AI-driven spending fuels cloud revenue surge
Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump's second Presidential term in Washington, U.S., January 20, 2025. REUTERS/Evelyn Hockstein/File Photo

Trial begins as Meta investors, Zuckerberg square off over alleged privacy violations

An $8 billion trial by Meta shareholders against Mark Zuckerberg and other current and former company leaders kicked off over claims they illegally harvested the data of Facebook users.

Read More Trial begins as Meta investors, Zuckerberg square off over alleged privacy violations
A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, March 21, 2025. REUTERS/Gonzalo Fuentes/File Photo

Microsoft to cut about 4% of jobs amid hefty AI bets

The company, which had about 228,000 employees worldwide as of June 2024, had announced layoffs in May, affecting around 6,000 workers.

Read More Microsoft to cut about 4% of jobs amid hefty AI bets
Alexandr Wang, CEO of Scale AI, arrives for a meeting with international investors in IA at the Elysee Palace as part of the Artificial Intelligence (AI) Action Summit in Paris, France, February 10, 2025. REUTERS/Gonzalo Fuentes/File Photo

OpenAI to continue working with Scale AI after Meta deal

OpenAI plans to continue working with Scale AI after rival Meta agreed to take a 49% stake in the artificial intelligence startup for $14.8 billion

Read More OpenAI to continue working with Scale AI after Meta deal
The Paramount logo is displayed at Columbia Square along Sunset Blvd in Hollywood, California on March 9, 2023. (Photo by Patrick T. Fallon / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)

Trump rejects $15M Paramount settlement offer stemming from ‘60 Minutes’ Kamala Harris lawsuit

President Donald Trump has rejected Paramount Global’s recent $15 million settlement offer, demanding an apology from CBS News for interfering in the 2024 presidential election.

Read More Trump rejects $15M Paramount settlement offer stemming from ‘60 Minutes’ Kamala Harris lawsuit
AUSTIN, TEXAS - APRIL 23: Gov. Greg Abbott speaks during a bill signing in the State Capitol on April 23, 2025 in Austin, Texas. Senate Bill 14 introduces and establishes a new Texas Regulatory Efficiency Office which seeks to create better practices within state agencies and terminate unnecessary regulations. (Photo by Brandon Bell/Getty Images)

Gov. Abbott signs online safety law, delivering setback to Apple and Google

Texas Governor Greg Abbott has signed an online child safety bill that will require Google and Apple to verify phone users’ age to sign into the app store. 

Read More Gov. Abbott signs online safety law, delivering setback to Apple and Google

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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