Meta misses on user growth, warns of 2025 jump in AI spending

IMF warns on China's property market worsening as it cuts country's growth outlook

In a report published Tuesday, the IMF trimmed its forecast for growth in China for this year to 4.8%, 0.2 percentage points lower than in its July projection.

Business - CNBC - October 23

WPP returns to sales growth but warns over economic uncertainty

Advertising agency’s revenues rise in US and Europe but fall more than a fifth in China

Business - Financial Times - October 23

Here’s Why Meta Getting on the AI Search Bandwagon Could Change the Entire Online Ad Market

Meta is taking on Google and Microsoft by developing its own AI search engine. The repercussions for the digital advertising market could be huge.

Business - Inc. - Yesterday

Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push

Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligence

Tech - ABC News - 4 hours ago

Meta’s Next Llama AI Models Are Training on a GPU Cluster ‘Bigger Than Anything’ Else

The race for better generative AI is also a race for more computing power. On that score, according to CEO Mark Zuckerberg, Meta appears to be winning.

Tech - Wired - 3 hours ago

Tesla stock soars 22% for best day in over a decade on Musk's 2025 growth projection

Tesla shares soared 22% Thursday, the stock's best day in 11 years, following its better-than-expected third-quarter earnings.

Business - CNBC - 6 days ago

Microsoft reports quarterly sales up 16% to $65.6 billion as investors ask if AI spending worth it

Microsoft on Wednesday reported its quarterly sales grew 16% to $65.6 billion as the company sought to assure investors its huge spending on artificial intelligence is paying off

Tech - ABC News - 1 hour ago

Dribble Handoff: Arkansas, Michigan among 2025 NCAA Tournament teams who missed Big Dance last season

These are the teams we think will be dancing this season after not making the field of 68 last season

Sports - CBS Sports - 5 days ago

Thom Yorke and Julianne Moore join thousands of creatives in AI warning

Statement comes as tech firms try to use creative professionals’ work to train AI models. Abba’s Björn Ulvaeus, the actor Julianne Moore and the Radiohead singer Thom Yorke are among 10,500 ...

World - The Guardian - October 22

Björn Ulvaeus and Thom Yorke among 11,000 artists warning of AI threats

Letter says unlicensed use of creative works to train models poses a major threat to creators’ livelihoods

Business - Financial Times - October 22

ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth

American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.

Business - CNBC - October 14

Bangladesh’s leader says ‘no place’ for Sheikh Hasina’s ‘fascist’ party

Muhammad Yunus says will not seek exiled leader’s extradition from India before domestic tribunal’s verdict

World - Financial Times - 23 hours ago

Hospitals in firing line of forgotten war

Sudan’s brutal civil war is taking a devastating toll on the country’s health facilities

World - Financial Times - 22 hours ago

Why EU defence and security policy will stay in the hands of capitals

Also in this newsletter: wading into France’s budget mess

World - Financial Times - 21 hours ago

PSA uses deepfakes of famous actors to warn of AI-generated misinformation ahead of election

A new public service announcement is warning voters about AI-generated misinformation surrounding the 2024 elections by featuring deepfakes of several Hollywood actors. The video was made by the ...

Where is the growth in Reeves' 'Budget for growth'?

Labour's first Budget in 14 years had a lot to say about growth, but forecasts paint a mixed picture.

Social Media Layoffs Hit Meta

The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.

Business - Inc. - October 17

The Future of AI Is AI Building AI for AI

What if the future is even more dystopian than they’re letting on?

Business - Inc. - October 13

OpenAI Chatbot Passes Bias Tests, But Users Should Still be Watchful

The data that shapes how an AI responds can contain unseen biases, so the AI market leader has been checking ChatGPT, and says it may be more neutral that humans.

Business - Inc. - October 18

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