Big Tech keeps prioritizing AI as earnings approach

Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April 3, 2024. Justin Sullivan | Getty Images As tech’s behemoths get set to report earnings this week, they do so facing a mountain of drama. At Google, there have been protests and … Read more

Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies

Meta will partner with external hardware companies, including Lenovo, Microsoft and Asus, to build virtual reality headsets using the company’s Meta Horizon operating system, the company said Monday. The move will create new hardware devices that run on the same operating system and software as Meta’s current first-party virtual reality hardware, such as the Quest … Read more

Meta AI assistant comes to WhatsApp, Instagram, Facebook and Messenger

Meta founder and CEO Mark Zuckerberg speaks during Meta Connect event at Meta headquarters in Menlo Park, California on September 27, 2023. Josh Edelson | AFP | Getty Images Meta on Thursday announced its free artificial intelligence assistant, Meta AI, is rolling out across its social media platforms WhatsApp, Instagram, Facebook and Messenger. The assistant … Read more

Meta rises to record after Jefferies, RBC analysts raise price targets

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 Meta shares rose as much as 4.6% on Thursday and climbed to a record after analysts at two firms raised their price targets on the … Read more

Larry Ellison makes $15 billion from Oracle best day since 2021

Larry Ellison, Oracle’s chairman and technology chief, speaks at the Oracle OpenWorld conference in San Francisco on September 16, 2019. Justin Sullivan | Getty Images Oracle founder Larry Ellison notched a $15 billion gain on Tuesday after shares of his software company had their best day in over two years and closed at a record. … Read more

Rihanna, Gates and Zuckerberg at lavish bash

Anant Ambani, left, son of Chairman of Reliance Industries Limited Mukesh Ambani and his fiancee Radhika Merchant greet media persons during their engagement ceremony in Mumbai, India, Thursday, Jan. 19, 2023.  Rajanish Kakade | AP  Tech executives including Mark Zuckerberg and Bill Gates attended a lavish, three day, pre-wedding celebration for the son of Indian … Read more

Here’s why General Catalyst is trying to buy Summa Health

Dr. Marc Harrison, who’s now CEO of HATCo, speaking at the Healthy Returns conference in New York City on May 21, 2019. Astrid Stawiarz | CNBC Dr. Marc Harrison is a different kind of venture capitalist. He’s not looking for the next Mark Zuckerberg or Elon Musk. He’s not hanging out at startup demo days. … Read more

Zuckerberg’s Big Praise For This Fast Food Joint

Mark Zuckerberg was in Japan with his family for a trip mixing pleasure — including skiing. Tokyo: He may be the world’s fourth-richest person and visiting gourmet paradise Japan, but Mark Zuckerberg is eating McDonald’s, according to photos posted on Tuesday by the Meta chief. “Japanese McDonald’s: 10/10. Give these guys a Michelin star,” the … Read more

Nvidia’s Data Center business is booming, up over 400% since last year

The Nvidia logo is displayed on a smartphone. Jonathan Raa | Nurphoto | Getty Images Nvidia’s Data Center business just logged $18.4 billion in fourth-quarter sales, underscoring how the computer chip giant continues to benefit from the current boom in artificial intelligence. As part of Nvidia’s fourth-quarter earnings that were released Wednesday, the company said … Read more

Companies make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software sellers, executives across sectors have announced layoffs and other plans to slash expenses — even at some companies that are turning a profit. Barbie maker … Read more