Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on “The Circuit with Emily Chang” at Meta headquarters in Menlo Park, California, US, on Thursday, July 18, 2024. Jason Henry | Bloomberg | Getty Images For investors who are skeptical of Meta’s massive spending on artificial intelligence and whether it will pay … Read more
Meta shares jumped about 7% in extended trading on Wednesday after the company beat Wall Street estimates for revenue and profit and issued a better-than-expected forecast for the current period. Here are the results, compared to LSEG estimates: Earnings: $5.16 a share vs. $4.73 per share expected Revenue: $39.07 billion vs. $38.31 billion expected Meta provided revenue … Read more
Google CEO Sundar Pichai (L) and Apple CEO Tim Cook (R) listen as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders in the East Room of the White House in Washington, D.C., on June 23, 2023. Anna Moneymaker | Getty Images Apple said on Monday that the artificial intelligence … Read more
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 CEO Mark Zuckerberg has been assembling a large stockpile of Nvidia chips, spending billions of dollars so his company can develop and train advanced … Read more
Mark Zuckerberg has praised former President Donald Trump’s reaction to his attempted assassination at a Pennsylvania rally last weekend. The Meta CEO ― in a recent interview with Bloomberg’s Emily Chang ― recalled seeing the Republican presidential nominee get up after he was shot before pumping his right fist in the air, moments seen in … Read more
Larry Ellison, chairman and co-founder of Oracle Corp., speaks during the Oracle OpenWorld 2017 conference in San Francisco on Oct. 1, 2017. David Paul Morris | Bloomberg | Getty Images Oracle Chairman Larry Ellison is $18 billion richer after the software maker he founded in 1977 forecast double-digit revenue growth for the fiscal year, putting … Read more
Meta‘s chief artificial intelligence scientist Yann LeCun has spent much of the past week sparring with Elon Musk over the Tesla CEO’s treatment of scientists and news organizations, and for spreading false conspiracies on social media. “I like his cars (I own a 2015 S, and 2023 S), his rockets, his solar energy systems, and … Read more
Electric vehicles are still gaining momentum here in the U.S. market, tipped to crest ten percent of new car sales in 2024, but there is still a bit of hesitation from many Americans when it comes to charging and infrastructure. In order to bridge that gap, we need more on-street level two overnight chargers, like … Read more
Argentina’s President Javier Milei waves during the commemoration of the 214th anniversary of the May Revolution that led to the independence from Spain, at Plaza San Martin in Cordoba, Argentina, on May 25, 2024. Diego Lima | Afp | Getty Images Argentina President Javier Milei met with leaders of some of the world’s largest tech … Read more
Nvidia founder and CEO Jensen Huang displays products on-stage during the annual Nvidia GTC Artificial Intelligence Conference at SAP Center in San Jose, California, on March 18, 2024. Josh Edelson | Afp | Getty Images At the start of last week, OpenAI’s technology chief personally thanked Nvidia CEO Jensen Huang for “bringing us the most … Read more
