Latest in Zuckerberg sets Meta's AI targets for the year, expects to spend $60 billion on growth
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PM plans to 'unleash AI' across UK to boost growth
Leading tech firms are said to have committed £14bn towards the project, which could create more than 13,000 jobs.BBC News - Jan. 13 -
Inside Mark Zuckerberg’s Sprint to Remake Meta for the Trump Era
After visiting President-elect Donald J. Trump in November, Mr. Zuckerberg decided to relax Meta’s speech policies. He asked a small team to carry out his goals within weeks. The repercussions are ...The New York Times - Jan. 13 -
U.S. Targets China With New AI Curbs, Overriding Nvidia's Objections
The U.S. is imposing some of its strongest measures yet to limit Chinese advances in AI, aiming to block backdoors in other countries that Beijing could use to access technology.The Wall Street Journal - Jan. 13 -
AI Financial Advisers Target Young People Living Paycheck to Paycheck
AI finance apps are reaching Gen Z and millennial users with personalized chatbots that offer money advice—and upsell them big time.Wired - Jan. 13 -
Don’t expect Mark Zuckerberg to save social media
Mark Zuckerberg's decision to do away with fact-checkers on Facebook and Instagram is not a solution to the problem of centralized power over speech, and congressional action is needed to dilute ...The Hill - Jan. 11 -
Biden: Zuckerberg's decision to end Meta fact-checking is 'really shameful'
Outgoing President Biden weighed in on CEO Mark Zuckerberg’s decision to end the fact-checking programs on Meta's platforms, calling it a “really shameful” choice since “telling the truth ...The Hill - Jan. 11 -
Zuckerberg says Biden officials would 'scream,' 'curse' at Meta team over COVID takedown requests
Meta CEO Mark Zuckerberg said Biden administration officials would “scream” and “curse” at his employees when they disagreed with the government’s takedown requests over pandemic-related content. ...The Hill - Jan. 10 -
Mark Zuckerberg’s end to Meta factchecking is a desperate play for engagement
As factchecking attempts end, Meta’s platforms will become a wasteland of fake news and misinformation. Mark Zuckerberg craves one metric more than any other: engagement, the statistic that ...The Guardian - Jan. 10 -
Zuckerberg approved Meta’s use of ‘pirated’ books to train AI models, authors claim
Sarah Silverman and others file court case claiming CEO approved use of dataset despite warnings. Business live – latest updates Mark Zuckerberg approved Meta’s use of “pirated” versions of ...The Guardian - Jan. 10 -
The market hasn’t been this concentrated in at least 60 years. But is it a problem?
The current top five companies in the S&P 500 account for a greater chunk of the index than at any time over the last 60 years.MarketWatch - Jan. 9 -
Shutterstock and Getty Merge to Meet AI Challenge in $3.7 Billion Deal
The two big players in the licensed visual content will pair up to counter threats from artificial intelligence tools like Midjourney.Inc. - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
How Mark Zuckerberg pivoted Meta to the right
Meta CEO Mark Zuckerberg said Tuesday that he was ending professional fact-checking on Facebook and Instagram.NBC News - Jan. 8 -
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 -
Samsung Expects Further Profit Growth Slowdown, Missing Estimates
The world’s largest maker of memory chips and smartphones said sluggish demand for conventional chips used in personal computers and mobile phones weighed on its memory business for the quarter.The Wall Street Journal - Jan. 7 -
Mark Zuckerberg sports $900,000 watch as he calls time on Meta fact-checking
Tech giant CEO wore Greubel Forsey ‘Hand Made 1’, which retails for $895,500, as he announced policy overhaul. Mark Zuckerberg wore a rare Swiss watch worth nearly $900,000 as he announced a ...The Guardian - Jan. 7 -
Some Meta employees criticize Zuckerberg decisions to end fact-checking, add Dana White to board
Meta employees took to their internal forum Tuesday, criticizing the company’s decision to end third-party fact-checking on its services two weeks before President-elect Donald Trump’s inauguration.NBC News - Jan. 7 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Meta employees criticize Zuckerberg decisions to end fact-checking, add Dana White to board
Meta employees internally criticized the company's decision to end third-party fact-checking two weeks before President-elect Donald Trump's inauguration.CNBC - Jan. 7 -
Meta goes ‘MAGA’: Facebook adjusts fact-checking approach as Zuckerberg touts ‘free expression’ and cites ‘cultural tipping point’
“We’re going to work with President[-elect] Trump to push back on governments around the world that are going after American companies and pushing to censor more,” Meta CEO Mark Zuckerberg said.MarketWatch - Jan. 7 -
Wednesday Briefing: Meta Set to End Fact-Checking
Plus, 52 places to go this yearThe New York Times - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Mark Zuckerberg Says Meta Fact-Checkers Were the Problem. Fact-Checkers Rule That False.
Fact-checking groups that worked with Meta said they had no role in deciding what the company did with the content that was fact-checked.The New York Times - Jan. 7 -
'I can't spend another five years in my caravan'
A Doncaster mum suffers her second major flood in five years.BBC News - Jan. 7 -
Cramer: Meta dumping fact-checkers shows Mark Zuckerberg 'wants to play ball' with Trump
CEO Mark Zuckerberg's move to end fact-checking across Meta's platforms is a positive for investors, Jim Cramer said Tuesday.CNBC - Jan. 7 -
Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers
President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...MarketWatch - Jan. 7 -
Mark Zuckerberg announces end of fact-checking program for Meta
Meta’s CEO Mark Zuckerberg announced in a video that its platforms, including Facebook and Instagram, will no longer implement a fact-checking policy, instead relying on community notes similar to ...NBC News - Jan. 7 -
Meta ending fact-checking program: Zuckerberg
Social media giant Meta announced a series of changes to its content moderation policies Tuesday, including the elimination of its fact-checking program, in what CEO Mark Zuckerberg said was an ...The Hill - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Samsung Electronics banking on AI to outpace global growth in smartphones, home appliances
Samsung Electronics plans to ramp up on-device AI, as it bets on the consumer electronics unit to exceed overall global market growth this year.CNBC - Jan. 7 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
First major storm of 2025 set to impact about 60 million Americans
About 60 million people were under weather alerts across the country on Saturday as a winter storm threatens to slam areas from the Plains to the mid-Atlantic with heavy snow and ice. NBC News' ...NBC News - Jan. 5 -
100% stocks for retirement? A new study says dump the 60/40 portfolio and target-date funds.
An all-equity portfolio, with a focus on international stocks, could be the key to maximizing retirement wealth, research suggests.MarketWatch - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025
Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.CNBC - Jan. 4 -
Hideki Matsuyama sets the target at Kapalua and leads Collin Morikawa by 1
Hideki Matsuyama is leading The Sentry at the halfway point of the start to the new PGA Tour seasonABC News - Jan. 4 -
Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months
Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.NBC News - Jan. 3 -
Meta Deleted Its Controversial AI Profiles. Here’s Why.
Meta still has plans to use AI to drive engagement on its platforms, though.Inc. - Jan. 3 -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - Jan. 3 -
Kweichow Moutai Expects to Meet Revenue Growth Target Despite China Market Woes
Chinese liquor giant Kweichow Moutai expects to meet its revenue growth target for 2024 despite subdued consumer sentiment and slumping wholesale prices in its home market.The Wall Street Journal - Jan. 2 -
Why 2025 will be the year of AI orchestration
For many, 2025 will be the year of AI agents, when pilot programs, experiments and use cases converge into something resembling ROI.VentureBeat - Dec. 30