Meta's Reality Labs posts $3.85 billion loss in first quarter
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AI infrastructure startup CoreWeave raises $7.5 billion in debt deal led by Blackstone
CoreWeave's $7.5 billion debt financing follows a $1.1 billion funding round the startup announced two weeks ago.CNBC - Business -
GameStop’s stock slides premarket after company issues profit warning, files to issue more shares
GameStop Corp.’s stock fell 19% early Friday, after the videogame retailer and key meme stock issued a profit and sales warning for the first quarter and filed to sell new shares.MarketWatch - Business -
GameStop shares fall 20% after it files to sell additional stock, says first quarter sales dropped
GameStop said it plans to sell securities and reported preliminary results that showed a drop in first-quarter sales.CNBC - Business -
Lab-Grown Meat Is on Shelves Now. But There’s a Catch
A store in Singapore is selling lab-grown chicken, but it contains only 3 percent animal cells.Wired - Tech -
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline's outlook for the end of the year weighed on its shares.
EasyJet expects summer demand to lift earnings after a narrowed first-half loss, but the airline’s outlook for the end of the year weighed on its shares.The Wall Street Journal - World -
Walmart Stock Hits Record Close on Strong Quarter
The largest U.S. retailer had robust quarterly results and an upbeat outlook, giving insight into how consumers are weathering high interest rates.The New York Times - Business -
Param Labs raises $7M to fund gaming ecosystem development
Param Labs announced it's raised $7 million in its latest funding round to fund its modular gaming ecosystem.VentureBeat - Tech -
Meta slapped with child safety probe under sweeping EU tech law
Facebook parent company Meta on Thursday was hit with a major investigation from the EU into risks of its platforms to minors.CNBC - Business - European Union -
Meta Faces Fresh Probe Over ‘Addictive’ Effect on Kids
The EU has launched an investigation into Facebook and Instagram’s child protection measures as part of mounting concerns around minors’ use of social media.Wired - Tech -
Meta Faces EU Probe Over Facebook, Instagram Child-Protection Policies
The investigation, which could eventually lead to a fine, will look into the platforms’ use of algorithms that officials said may stimulate addictive behavior in children.The Wall Street Journal - Tech - European Union -
Meta Faces EU Investigation Over Child Safety Risks
The Digital Services Act, which became active last year,requires social media platforms to work harder to prevent dangerous and illegal content from reaching younger users.Inc. - Business - European Union -
EU investigating Meta over addictive effects of Facebook, Instagram on children
The European Union is investigating Meta, the parent company of Facebook and Instagram, over the potentially addictive effects of its platforms on children. The bloc’s executive arm, the European Commission, opened “formal proceedings” against ...The Hill - Politics - European Union -
GameStop Shares Retreat on Declining Revenue, Stock Sale
The videogame retailer filed to sell up to 45 million more shares after projecting quarterly sales to drop.The Wall Street Journal - World -
‘Realities of apartheid’: South African artist wins Deutsche Börse photography prize
Lebohang Kganye blends oral traditions, family photos and theatre in a ‘new and fresh way’ to trace personal history of apartheid era. The South African artist Lebohang Kganye has won the prestigious Deutsche Börse Photography Foundation prize for ...The Guardian - World -
EU investigates Facebook owner Meta over child safety and mental health concerns
Company’s social media platforms, which also include Instagram, may have addictive effects, says European Commission. • Business live – latest updates. The European Commission has opened an investigation into the owner of Facebook and Instagram ...The Guardian - World - European Union -
The Crushing Loss of My Beloved Old Couch
Our new settee just doesn’t sit well. How can we ever cushion the blow?The Wall Street Journal - World -
Meta faces an EU investigation into whether its Facebook and Instagram services do enough to protect minors under a new online-content law.
Meta faces an EU investigation into whether its Facebook and Instagram services do enough to protect minors under a new online-content law.The Wall Street Journal - World -
With 'OMG Fashun,' Julia Fox and Law Roach bring sustainable, daring style to reality TV
Scout Productions' latest fashion reality competition series where competing designers create looks from upcycled materials, and it features fashion's "it girl" Julia Fox and celebrity stylist Law Roach.Los Angeles Times - Entertainment -
Roche says weight loss drug shows promising results in early trial
The weekly injection helped patients with obesity lose 18.8% of their weight relative to those who received a placebo, after 24 weeks in the phase one trial.CNBC - Business -
Clark held to rare single digits in Fever home loss
Caitlin Clark scored 9 points in the Fever's 102-66 loss at home to the Liberty. It was the first time Clark was held to single digits in scoring since January 2021.ESPN - Sports -
Roche Climbs After Weight-Loss Drug Shows Efficacy
Roche Holding said its weight-loss drug candidate achieved positive results in an early-stage trial, giving the company a boost in its bid to catch up to Novo Nordisk and Eli Lilly in a class of medicines that has shaken up everything from pharma ...The Wall Street Journal - Business -
AI may cause job losses and rise in carbon emissions, report finds
But economists say it could be offset by the creation of new roles and non-automated sectors. Breakthroughs in artificial intelligence could lead to short-term increases in unemployment, a rise in carbon emissions and leave regulators trailing in ...The Guardian - World -
Game 6 takeaways: Bruins' season ends in heartbreaking loss vs. Panthers
The Bruins' season came to a close with a tough 2-1 loss to the Panthers in Game 6. Check out our key takeaways from the matchup.Yahoo Sports - Sports - NFL -
A Loss at Mercedes-Benz Slows U.A.W.’s Southern Campaign
After Mercedes workers voted against joining the United Automobile Workers, the union will have less momentum as it campaigns to organize Southern factories.The New York Times - Business -
Israel troops posting abuse footage despite pledge to act
Images shared online include Palestinian detainees draped in the Israeli flag and held in stress positions.BBC News - Top stories - Israel -
Baidu Posts Quarterly Beat, Helped by AI Pursuits
Chinese search-engine giant Baidu reported a drop in quarterly profit, but beat top- and bottom-line estimates, helped by stable online marketing revenue and rising sales from its AI Cloud business.The Wall Street Journal - Business -
Rock band Cage the Elephant emerge from loss and hospitalization with new album 'Neon Pill'
To say Cage the Elephant’s latest album had a turbulent birth would be an understatementABC News - Entertainment -
Caitlin Clark home debut: Star rookie struggles in blowout loss to New York Liberty
Clark and the Fever are still yet to get a win this season.Yahoo Sports - Sports - New York -
Caitlin Clark's home debut for Fever spoiled by MVP performance from Liberty's Breanna Stewart
Stewart went off for 31 points, 10 rebounds, four assists, three steals and two blocksCBS Sports - Sports -
Caitlin Clark, Fever facing plenty of growing pains early after another blowout loss in home debut
The atmosphere was electric for Clark's home debut and there were brief flashes from the Fever, but it's clear they've got plenty to work on before they can compete with the WNBA's elite teams.Yahoo Sports - Sports