AG suit alleges Meta estimated 100K kids per day sexually harassed on Facebook, Instagram

AG suit alleges Meta estimated 100K kids per day sexually harassed on Facebook, Instagram

A worker picks up trash in front of a new logo and the name ‘Meta’ on the sign in front of Facebook headquarters on October 28, 2021 in Menlo Park, California. Justin Sullivan | Getty Images WASHINGTON — A new legal filing about child exploitation on Meta‘s Facebook and Instagram apps alleges a 2021 internal … Read more

Nvidia and AMD shares hit record highs on AI chip surge

Nvidia and AMD shares hit record highs on AI chip surge

Nvidia Corp CEO Jensen Huang holds one of the company’s new RTX 4090 chips for computer gaming in this undated handout photo provided September 20, 2022. Nvidia Corp | via Reuters AMD and Nvidia hit all-time highs on Thursday as investors continue to clamor for shares of the companies building chips that power artificial intelligence. … Read more

What does it mean to ‘buy and homework?’ Here’s how to get started

What does it mean to ‘buy and homework?’ Here’s how to get started

Here’s our Club Mailbag email [email protected] — so you send your questions directly to Jim Cramer and his team of analysts. We can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. This week’s question: When you say to study each … Read more

5 things to know before the stock market opens Thursday

5 things to know before the stock market opens Thursday

Here are the most important news items that investors need to start their trading day: 1. Rate cut comedown The U.S. economy is chipping away at hopes for a string of interest rate cuts this year. Major U.S. stock averages fell on Wednesday — the third straight decline for the Dow Jones Industrial Average — … Read more

AI models don’t need publishers’ data

AI models don’t need publishers’ data

Sam Altman, CEO of OpenAI, at the Hope Global Forums annual meeting in Atlanta on Dec. 11, 2023. Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — Sam Altman said he was “surprised” by the New York Times’ lawsuit against his company OpenAI, saying its artificial intelligence models didn’t need to train on the … Read more

Sheryl Sandberg says she’s leaving Meta’s board

Sheryl Sandberg says she’s leaving Meta’s board

Sheryl Sandberg, chief operating officer of Facebook Inc. David Paul Morris | Bloomberg | Getty Images Former Meta operating chief Sheryl Sandberg said Wednesday that she’s leaving the company’s board of directors. “With a heart filled with gratitude and a mind filled with memories, I let the Meta board know that I will not stand … Read more

DOJ to file antitrust case against Apple as soon as March: Report

DOJ to file antitrust case against Apple as soon as March: Report

Apple CEO Tim Cook attends the first meeting of the American Workforce Policy Advisory Board with US President Donald Trump in the State Dining Room of the White House in Washington, DC, March 6, 2019. Saul Loeb | AFP | Getty Images The Department of Justice is readying an antitrust case against Apple that could … Read more

Meta CEO Zuckerberg to be deposed in Texas facial recognition case

Meta CEO Zuckerberg to be deposed in Texas facial recognition case

Facebook co-founder and Meta CEO Mark Zuckerberg sits in his seat inside a bipartisan Artificial Intelligence Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Leah Millis | Reuters Meta CEO Mark Zuckerberg must take part in a deposition as … Read more

Generative AI dominates Davos discussions as companies focus on accuracy

AI models don’t need publishers’ data

Sam Altman, chief executive officer of OpenAI, at the Hope Global Forums annual meeting in Atlanta, Georgia, US, on Monday, Dec. 11, 2023.  Dustin Chambers | Bloomberg | Getty Images DAVOS, Switzerland — The rise of generative artificial intelligence has dominated private and public discussion at the World Economic Forum as the world’s largest technology … Read more

Jamie Dimon says he’s done talking about bitcoin: ‘I don’t care’

Jamie Dimon says he’s done talking about bitcoin: ‘I don’t care’

DAVOS, Switzerland — Bitcoin does nothing, JPMorgan Chase CEO Jamie Dimon said Wednesday on the sidelines of the World Economic Forum. “I call it the pet rock,” he added. Dimon is a long-time bitcoin critic. The bank chief said in 2021 at peak crypto valuations that bitcoin was “worthless,” and he doubled down on that sentiment last … Read more