Meta’s Reality Labs posts $5 billion loss in fourth quarter

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  U.S. Economy Grew 2.3 Percent in Fourth Quarter

  Gross domestic product grew by 2.3 percent in the fourth quarter, capping a more robust year than expected. Policy uncertainty clouds the outlook.
  
  The New York Times - 1h
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  US economy grew at 2.3% rate in fourth quarter

  Figure comes after Fed chair Jay Powell said there was no hurry to cut interest rates
  
  Financial Times - 2h
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  Eurozone economy unexpectedly flatlines in fourth quarter

  GDP figure published before European Central Bank cut its benchmark rate to lowest level since early 2023
  
  Financial Times - 3h
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  Meta to report fourth-quarter earnings amid DeepSeek mania and ballooning AI investments

  Zuckerberg likely to be asked about plans to spend $60-65bn on AI in 2025 as tech giant faces increased competition. Meta will report earnings for the fourth quarter of 2024 after US stock ...
  
  The Guardian - 23h

• Boeing expects $4 billion loss for fourth quarter after chaotic 2024

  Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.
  
  CNBC - 6d
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  Netflix raises prices as it posts record subscriber growth in fourth-quarter earnings

  Streaming service’s bet on live events helped reel in 19 million more subscribers in holiday-season quarter. Netflix added nearly 19 million subscribers during the holiday season quarter to help ...
  
  The Guardian - Jan. 21
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  Notre Dame coach Marcus Freeman defends controversial fourth-quarter FG decision in CFP loss to Ohio State

  Freeman's decision drew heavy criticism on social media
  
  CBS Sports - Jan. 21

• Anthropic’s $60 billion valuation would obscure a stark reality in AI

  Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...
  
  MarketWatch - Jan. 8

• Foxconn Posts Record Fourth-Quarter Revenue on AI Demand

  The Taiwan-listed assembler of Apple and Nvidia products posted record revenue for the fourth quarter, helped by robust demand for servers to power burgeoning artificial intelligence technologies.
  
  The Wall Street Journal - Jan. 5

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• ECB decision: Interest rates cut to nearly 2-year low — and more easing likely

  The European Central Bank on Thursday cut interest rates by a quarter of a percentage point, saying it expects inflation to fall back to its target later in the year and signaling that further ...
  
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