Even Mark Zuckerberg seems surprised by Meta’s pace of spending on AI
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, ...
Tag: business news
Sigh of relief for UK tech founders as Labour hikes capital gains tax by less than feared
On Monday, British tech lobby group Startup Coalition warned in a blog post that there was a risk Reeves' tax ...
Microsoft set to report quarterly results after the close
Microsoft CEO Satya Nadella takes part in the Partnership for Global Infrastructure and Investment Event during the G7 Summit at ...
China’s Xiaomi delivers 20,000 EVs in October, just months after launching its first car
Chinese smartphone company Xiaomi on Tuesday announced a sports car version of its SU7 electric sedan would begin preorders for ...
AMD shares fall as forecast fails to impress despite strong AI growth
AMD CEO Lisa Su makes the opening speech at COMPUTEX forum in Taipei, Taiwan June 3, 2024. Ann Wang | ReutersAdvanced ...
Chipotle misses revenue estimates as same-store sales growth disappoints
A customer holds a bag of food outside of a Chipotle restaurant in New York on Jan. 12, 2024.Angus Mordant ...
Google’s new CFO makes earnings call debut, says company can ‘push a little further’ on cost cuts
Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli LillyEli LillyFor nine years, the CFO role at Google ...
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Artificial intelligence startup Sierra, co-founded by ex-Salesforce co-CEO Bret Taylor, is more than quadrupling its valuation to $4.5 billion in ...
Alphabet beats on top and bottom lines, boosted by cloud revenue
Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco ...
JPMorgan begins suing customers who allegedly stole thousands of dollars in ‘infinite money glitch’
JPMorgan Chase has begun suing customers who allegedly stole thousands of dollars from ATMs by taking advantage of a technical ...
