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Meta and Microsoft Won’t Stop Spending on AI

Both tech giants reported strong third quarters but their stocks fell anyway.
Business - Inc. - October 31
Cramer’s week ahead: Earnings from Alphabet, Meta, Apple, Microsoft and Amazon

CNBC's Jim Cramer on Friday urged investors to keep a level head during next week's busy slate of corporate earnings and influential economic reports.
Business - CNBC - October 25
Samsung falls short of expectations as chipmaker fails to reap AI benefits

Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK Hynix
World - Financial Times - October 31
Donald Trump and the autocrats' playbook

‘This is a man who should be nowhere near power’
World - Financial Times - October 31
UK Labour’s Budget borrows big, taxes more

Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing
World - Financial Times - October 31
Bank of Japan holds rates but signals normalisation still on track

Political uncertainty following election upset raises risks of abrupt policy shifts, warn analysts
World - Financial Times - October 31
FirstFT: US consumers continue to spend, spend, spend

Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result
World - Financial Times - October 31
Making sense of sentiment

And Trump equity trades
World - Financial Times - October 31
Stellantis hit by sales slide in US and Europe

Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventory
World - Financial Times - October 31
Meta faces day in court

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Meta to face trial in FTC antitrust suit Meta must face trial in an antitrust case brought by the ...
Politics - The Hill - November 13
Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.
Business - CNBC - October 30
Washington Post Says It Won’t Endorse a Presidential Candidate

The decision was made by Jeff Bezos, the paper’s owner, according to a person with knowledge of the talks. Will Lewis, the chief executive, said the paper was “returning to our roots” of not making ...
Business - The New York Times - October 25
Pronatalism won’t work but the far right loves it anyway

In demography, the future is already here: No policy can increase the number of babies born yesterday.
Politics - The Hill - November 6
Qatar suspends role as mediator between Israel and Hamas

The move comes after US officials were quoted saying they would not accept Hamas's presence in Qatar.
Top stories - BBC News - November 9
Trump Won’t Have Haley or Pompeo in New Administration

President-elect Donald J. Trump ruled out roles for Nikki Haley and Mike Pompeo, who served in his previous administration.
Top stories - The New York Times - November 10
The Department of Education’s approach to antisemitism is dangerous and won’t work

Unfortunately, the Office of Civil Rights is applying standards that are legally problematic, burdensome and virtually impossible to meet.
Politics - The Hill - November 10
AI agents’ momentum won’t stop in 2025

Interest in AI agents is high, and as enterprises get more comfortable with agents, 2025 may be the year AI agents finally go into production.
Tech - VentureBeat - November 14
Why AI won’t make you a better writer

Don’t let anything, least of all AI, cheat you out of what is creatively possible. Go forth and write your own story.
Tech - VentureBeat - November 14
Trump says Dimon won’t be part of administration

JPMorgan Chase CEO Jamie Dimon won’t join President-elect Trump’s administration and will remain leading the bank. “I respect Jamie Dimon, of JPMorgan Chase, greatly, but he will not be invited to ...
Politics - The Hill - November 14
Why Trump’s tariffs won’t necessarily sink shipping

The US is a sizeable, rather than giant, tassel in the global trade tapestry
World - Financial Times - 5 days ago
Why Marco Rubio probably won’t ever be president

The Cabinet has long been a graveyard for presidential contenders.
Politics - The Hill - Yesterday
Why Meta and Snap are spending billions on AR glasses

Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.
Business - CNBC - October 24
House Republican presses Meta on censoring political content

Texas Rep. August Pfluger (R) expressed concern in a letter to Meta on Tuesday over the platform's decision to automatically opt users out of political content, arguing the platform's users should ...
Politics - The Hill - October 24
Meta Reports Record Revenue, Slower Ad Growth

The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.
Tech - The Wall Street Journal - October 31
Facebook's parent company, Meta, facing courtroom battle

On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch ...
Top stories - CBS News - November 14
Meta fined €798m over 'unfair' Facebook Marketplace

The European Union says the tech giant crowded out rivals, breaching competition law.
Top stories - BBC News - November 14
Meta Finally Breaks Its Silence on Pig Butchering

The company gave details for the first time on its approach to combating organized criminal networks behind the devastating scams.
Tech - Wired - 6 hours ago
Foreign Election Interference May Escalate, Microsoft Says

Efforts by Russia, Iran and China to sway U.S. voters could intensify, according to a new report from the tech giant.
Business - Inc. - October 24
Investors Want to See a Payout on Microsoft’s AI Efforts

As the tech giant readies a report of what’s forecast as its slowest quarterly growth in a year, shareholders want to see genuine demand for the AI applications it’s spent billions to develop.
Business - Inc. - October 28
Microsoft dips on weak guidance after beating on earnings

Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.
Business - CNBC - October 30
Microsoft Earnings Show Quarterly Revenue Is Up 16% to $65.6 Billion

The company’s profit increased 11 percent to $24.7 billion, beating Wall Street’s expectations and its own predictions.
Tech - The New York Times - October 30
OpenAI launches ChatGPT search, competing with Google and Microsoft

OpenAI on Thursday launched ChatGPT search, positioning the company to better compete with search engines like Google, Microsoft's Bing and Perplexity.
Business - CNBC - October 31
Microsoft Flight Simulator 2024 Launch Times Revealed

Microsoft Flight Simulator 2024 is set for release on November 19, but when exactly does the game launch that day? Microsoft has now published the official launch times for the game.. The game ...
Tech - GameSpot - November 12
Bethesda Workers Go On Strike Against Microsoft

Last year, quality-assurance workers at Bethesda and ZeniMax studios formed ZeniMax Workers United, the largest certified video game union in the United States. Now that union is putting its ...
Tech - GameSpot - November 13
US regulators plan to investigate Microsoft’s cloud business

FTC chair Lina Khan continues to pursue Big Tech in final days of Biden presidency
Business - Financial Times - November 14
Elon Musk Adds Microsoft to Suit Against OpenAI

In a new legal filing, the Tesla chief executive accuses the A.I. start-up of undermining antitrust law.
Tech - The New York Times - 6 days ago

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