Meta unveils cheaper $299 Quest 3S VR headset

Meta unveils cheaper 9 Quest 3S VR headset

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Acquired LIVE event at the Chase Center in San Francisco, California, US, on Tuesday, Sept. 10, 2024.  David Paul Morris | Bloomberg | Getty Images Meta announced the Quest 3S, the latest virtual reality headset to come out of the company’s Reality Labs division … Read more

Republican former officials endorse Harris over Trump

Republican former officials endorse Harris over Trump

Democratic presidential candidate Vice President Kamala Harris speaks at a campaign rally at the Bojangles Coliseum in Charlotte, North Carolina, on Sept. 12, 2024. Jim Watson | AFP | Getty Images More than 100 Republican former lawmakers and officials endorsed Democratic presidential nominee Vice President Kamala Harris in a letter, while warning that their own … Read more

Snap unveils latest AR glasses, despite core business struggling

Snap unveils latest AR glasses, despite core business struggling

Evan Spiegel, CEO of Snap Inc., speaks onstage during the Snap Partner Summit 2023 at Barker Hangar on April 19, 2023 in Santa Monica, California.  Joe Scarnici | Getty Images Entertainment | Getty Images Snap on Tuesday announced the fifth generation of its Spectacles augmented reality glasses that can overlay digital graphics onto the physical … Read more

AI craze getting funded by tech giants, distorting traditional VCs

AI craze getting funded by tech giants, distorting traditional VCs

Amazon Web Services CEO Adam Selipsky speaks with Anthropic CEO and co-founder Dario Amodei during AWS re:Invent 2023, a conference hosted by Amazon Web Services, at The Venetian Las Vegas in Las Vegas on Nov. 28, 2023. Noah Berger | Getty Images Almost three years into a largely dormant IPO cycle, venture capitalists are in … Read more

Harris endorsed vs. Trump by Murdoch heir, CEOs of Yelp, Box Ripple

Harris endorsed vs. Trump by Murdoch heir, CEOs of Yelp, Box Ripple

U.S. Vice President and Democratic presidential candidate Kamala Harris speaks at a campaign event at the Throwback Brewery, in North Hampton, New Hampshire, on September 4, 2024. Joseph Prezioso | AFP | Getty Images WASHINGTON — Eighty-eight current and former top executives from across corporate America have endorsed Vice President Kamala Harris for president in … Read more

Snap sued by New Mexico over Snapchat kid sextortion

Snap sued by New Mexico over Snapchat kid sextortion

Scott Olson | Getty Images The New Mexico attorney general filed a lawsuit against Snap, alleging that its social media app Snapchat’s design and algorithmic recommendations “openly foster and promote illicit sexual material involving children and facilitate sextortion and the trafficking of children, drugs, and guns.” “Snap has misled users into believing that photos and … Read more

AAPL, AMZN, INTC and more

AAPL, AMZN, INTC and more

Customers are trying on and learning about Apple Vision Pro headsets at an Apple store in Shanghai, China, on July 22, 2024.  Costfoto | Nurphoto | Getty Images Check out the companies making headlines in extended trading: Apple — Shares of the iPhone maker inched higher, as the company beat analysts’ estimates on the top … Read more

Snap shares plunge more than 20% on weak guidance

Snap shares plunge more than 20% on weak guidance

Evan Spiegel, co-founder and CEO of Snap Inc., during the Bloomberg Technology Summit in San Francisco on May 9, 2024. David Paul Morris | Bloomberg | Getty Images Snap shares fell more than 20% in extended trading on Thursday after the company reported guidance for the third quarter that trailed analysts’ estimates. Here is how … Read more

Amazon’s advertising business grew 20% in the second quarter

Amazon’s advertising business grew 20% in the second quarter

Future Publishing | Future | Getty Images Amazon’s online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase, but missing analysts’ estimates. Amazon disclosed the latest quarterly financial results of its online advertising unit on Thursday when it reported its second-quarter earnings. The company’s overall second-quarter sales were $147.98 … Read more

Pinterest (PINS) Q2 2024 earnings

Pinterest (PINS) Q2 2024 earnings

Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024.  Brendan McDermid | Reuters Pinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates. Here’s how the company … Read more