Meta’s stock wrapping up record year, spurred by cost cuts

Meta’s stock wrapping up record year, spurred by cost cuts

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images Last year at this time, Meta was navigating a crisis of confidence that had pushed its stock price to its lowest since 2016. Sales were … Read more

Apple makes surprise decision to pause some Watch sales before Christmas

Apple makes surprise decision to pause some Watch sales before Christmas

Apple will pause U.S. sales of two of the latest versions of its Apple Watches due to an intellectual property dispute over their Blood Oxygen feature, the company said. The decision stems from two orders issued by the U.S. International Trade Commission on Oct. 26, which would restrict Apple’s ability to sell products that use … Read more

VR market shrinking as Meta pours billions of dollars into metaverse

VR market shrinking as Meta pours billions of dollars into metaverse

An attendee wears a Meta Platforms Inc. Oculus Quest 2 virtual reality (VR) headset at the Telefonica SA stand on day two of the Mobile World Congress at the Fira de Barcelona venue in Barcelona, Spain, on Tuesday, Feb. 28, 2023. Angel Garcia | Bloomberg | Getty Images Meta is spending billions of dollars a … Read more

GPT and other AI models can’t analyze an SEC filing, researchers find

GPT and other AI models can’t analyze an SEC filing, researchers find

Patronus AI cofounders Anand Kannappan and Rebecca Qian Patronus AI Large language models, similar to the one at the heart of ChatGPT, frequently fail to answer questions derived from Securities and Exchange Commission filings, researchers from a startup called Patronus AI found. Even the best-performing AI model configuration they tested, OpenAI’s GPT-4-Turbo, when armed with … Read more

TSMC Chairman Mark Liu to retire in 2024, CEO recommended as successor

TSMC Chairman Mark Liu to retire in 2024, CEO recommended as successor

The company logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023.  Brendan Mcdermid | Reuters Taiwan Semiconductor Manufacturing Company Chairman Mark Liu plans to retire in 2024, the company said in a statement Tuesday. “Chairman … Read more

Meta’s Oculus virtual reality headsets were a popular holiday gift

This photo from Oculus shows what it might be like to play it in an apartment.  Oculus The metaverse won Christmas this year. Meta, Facebook’s parent company, had the most popular app in Apple’s App Store on Christmas day: the Oculus virtual reality app. That’s the app people download to manage the Oculus VR headset, … Read more