Spend money to make money

Spend money to make money

Google CEO Sundar Pichai, arrives for a US Senate bipartisan Artificial Intelligence (AI) Insight Forum at the US Capitol in Washington, DC, on September 13, 2023. Mandel Ngan | AFP | Getty Images It was a big week for tech earnings, with Microsoft, Meta, Alphabet, Amazon and Apple all reporting over the past few days. Artificial intelligence … Read more

Amazon warns climate change could disrupt its business in SEC filing

Amazon warns climate change could disrupt its business in SEC filing

Amazon trailers are parked at an Amazon Air gateway at Miami International Airport in Miami, Florida, on Sept. 26, 2023. Joe Raedle | Getty Images Amazon is warning investors that the climate crisis may have a material effect on its business. In the risk factors section of its 2023 financial filing released Friday, Amazon added … Read more

$28 billion windfall after stock jumps

 billion windfall after stock jumps

Facebook CEO Mark Zuckerberg is seen after fencing in the “Metaverse” with an Olympic gold medal fencer during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released Oct. 28, 2021. Facebook | via Reuters Meta CEO and co-founder Mark Zuckerberg … Read more

Spotify renews deal with podcaster Joe Rogan

Spotify renews deal with podcaster Joe Rogan

Podcaster and comedian Joe Rogan. Vivian Zink | SYFY | NBCUniversal Spotify has signed a new blockbuster deal with polarizing podcaster and comedian Joe Rogan, but this time, his show won’t be exclusive to Spotify, the company announced Friday in a news release. The multiyear deal with Rogan, the founder of “The Joe Rogan Experience,” … Read more

Meta says Zuckerberg’s engagement in ‘combat sports’ is a risk

Meta says Zuckerberg’s engagement in ‘combat sports’ is a risk

Facebook CEO Mark Zuckerberg rides a hydrofoil surfboard holding the American flag on July 4, 2021. Mark Zuckerberg, Instagram Mark Zuckerberg’s preference for mixed martial arts and water sports is not only a personal hazard, but it’s also a risk to investors. In its annual financial report for 2023 filed Friday, Meta disclosed a new … Read more

Fourth-quarter earnings shaping up to be the best of 2023

Fourth-quarter earnings shaping up to be the best of 2023

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., February 1, 2024.  Brendan McDermid | Reuters Here’s how big of a surprise corporate profits have been this earnings season: the fourth-quarter is now shaping up to be the best of 2023. Despite ongoing macroeconomic concerns that have … Read more

ASEAN launches guide for governing AI, but experts say there are challenges

ASEAN launches guide for governing AI, but experts say there are challenges

Close up of woman’s hand touching illuminated and multi-coloured LED display screen, connecting to the future. People, lifestyle and technology D3sign | Moment | Getty Images The Association of Southeast Asian Nations on Friday published a framework for artificial intelligence governance, but experts say member states being at “different stages of digital development” could pose … Read more

Three people indicted in $400 million FTX hack conspiracy

Three people indicted in 0 million FTX hack conspiracy

The collapse of FTX has sent shockwaves through the cryptocurrency industry. The price of bitcoin and other major digital coins have fallen sharply as problems at FTX emerged. Jakub Porzycki | Nurphoto | Getty Images Three people were indicted for an identity-theft conspiracy that allegedly included the $400 million hack in late 2022 of doomed … Read more

Apple’s Vision Pro headset launches in U.S.

Apple’s Vision Pro headset launches in U.S.

The first customer walks out of the Apple Store with his purchase of the Vision Pro headset in New York on February 2, 2024.  Angela Weiss | Afp | Getty Images Apple‘s Vision Pro headset officially launches in the U.S. on Friday. Customers who pre-ordered the headset will begin to receive it or pick it … Read more

AI lobbying spikes nearly 200% as calls for regulation surge

AI lobbying spikes nearly 200% as calls for regulation surge

Artificial intelligence-related lobbying reached new heights in 2023, with more than 450 organizations participating. It marks a 185% increase from the year before, when just 158 organizations did so, according to federal lobbying disclosures analyzed by OpenSecrets on behalf of CNBC. The spike in AI lobbying comes amid growing calls for AI regulation and the … Read more