Wall Street’s Patience for a Costly A.I. Arms Race Is Waning
A sell-off in Meta’s stock after the company disclosed huge investments in the technology may be a sign of investor fears about tech giants’ spending.
Posted inAdvertising and Marketing Artificial Intelligence Company Reports Computers and the Internet Facebook Inc Instagram Inc Meta Platforms Inc Mobile Applications Online Advertising Social Media Virtual Reality (Computers) WhatsApp Inc
Meta’s Profits More Than Double, While Spending on A.I. Rises
The owner of Facebook, Instagram and WhatsApp continued to grow, even as it said it would spend billions of dollars more on artificial intelligence.
Posted inBeijing Bytedance Technology Co Ltd Facebook Inc Google Inc Instagram Inc internal-storyline-no Mergers, Acquisitions and Divestitures Meta Platforms Inc Mobile Applications Social Media TikTok (ByteDance) United States Politics and Government
Who Stands to Gain from a TikTok Ban
The Senate has finally passed a law that could bar the video-sharing app in the U.S., leaving some tech giants in pole position to profit — or pounce.
Posted inBeijing Bytedance Technology Co Ltd Facebook Inc Google Inc Instagram Inc internal-storyline-no Mergers, Acquisitions and Divestitures Meta Platforms Inc Mobile Applications Social Media TikTok (ByteDance) United States Politics and Government
Who Stands to Gain from a TikTok Ban
The Senate has finally passed a law that could bar the video-sharing app in the U.S., leaving some tech giants in pole position to profit — or pounce.