Meta Plans Lower Bonus Payouts for Some Staff
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Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta’s plans for AI spending spree send shares lower
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Meta stock plunges 15% as company plans to invest heavliy in artificial intelligence
Meta shares plunged more than 15% in extended trading on Wednesday after the company issued a light forecast, which overshadowed better-than-expected first-quarter results.NBC News - Top stories -
Barbados leader halts £3m payout to UK MP for Drax Hall plantation
Government U-turn as PM Mia Mottley acknowledges anger from reparations movement over plan to buy Barbados land from Dorset MP Richard Drax. The prime minister of Barbados, Mia Mottley, has halted plans for a multi-million-pound payout to the ...The Guardian - World - United Kingdom -
U.S. Stocks Trade Lower
Stocks gave up early gains and turned lower. Tesla shares rose, helping the Nasdaq. The tech-heavy index has moved between gains and losses ahead of more big-tech earnings, including Meta due after the close.The Wall Street Journal - World -
Red Sox place Brayan Bello on IL in latest blow to pitching staff
The injury bug continues to bite the Red Sox, who placed talented young right-hander Brayan Bello on the injured list Wednesday.Yahoo Sports - Sports - MLB -
10,000 council staff stuck on sick leave, say Lib Dems
NHS waiting lists must be urgently reduced so people can get back to work, the party argues.BBC News - Top stories -
Comex Gold, Silver Settle Lower
Gold settled 0.1% lower, down for three consecutive sessions, and silver edged down, falling two of the past three sessions.The Wall Street Journal - World -
Some Anti-Israel Protesters Are Paid
Rockefeller and Soros grants are subsidizing those who disrupt college campuses.The Wall Street Journal - World - Israel -
Princeton students plan pro-Palestinian encampment: Report
Yahoo News - World -
Pro-Palestinian protests planned for Washington's premier party weekend
Pro-Palestinian protesters are looking to puncture the festive bubble this weekend surrounding the White House Correspondents’ Association Dinner.NBC News - Top stories -
What is the U.K. plan to send asylum seekers to Rwanda?
Yahoo News - World - United Kingdom -
Oil prices end lower on weak U.S. gasoline demand
Oil prices settled lower on Wednesday, with pressure from U.S. data showing a drop in weekly demand for gasoline outweighing support from the first drop in commercial crude supplies in five weeks.MarketWatch - Business -
Chuck Todd: How lower voter turnout could help Biden in November
NBC News Chief Political Analyst Chuck Todd discusses election interest hitting a new low and explains why lower voter turnout could help President Biden’s re-election campaign.NBC News - Politics - Joe Biden -
Oil Edges Higher on U.S. Inventories Draw
Oil edged higher on positive demand signs after U.S. crude inventories fell for the first time in five weeks.The Wall Street Journal - World -
Europe’s Policymakers Get Ready to Lower Rates, Regardless of the Fed
European Central Bank governors are highlighting cooler inflation as a sign the bank could cut interest rates before the Federal Reserve.The New York Times - Business - Federal Reserve -
NFL draft 2024 predictions: the stars, the needs and the lower-round gems
Our writers take a look at the best prospects coming out of college, and which teams needs to nail their picks over the coming days. It feels like a lock that it will be LSU’s Jayden Daniels, thought I wouldn’t put it past the Commanders to fall ...The Guardian - World - NFL -
Tennessee lawmakers join movement allowing some teachers to take guns into schools
Some public school teachers could gain new powers to bring concealed guns into Tennessee schoolsABC News - Health -
UAW's Tennessee win fuels backers' hopes in the South, but some skeptics are unmoved
The labor fight heads next to a Mercedes plant in Alabama, where one worker said “people on the floor think we’re going to win" despite vocal opposition.NBC News - Top stories -
Some prospects may be better off not hearing their names called
Numbers from the last 20 years suggest players still on the board after the NFL Draft's third round might be better off going undrafted entirely.Yahoo Sports - Sports -
Zuckerberg burns some goodwill on Wall Street as he plows forward with the metaverse
Investors clearly also concerned that Meta’s spending will include a lot more on virtual and augmented reality.MarketWatch - Business -
The Meta-morphosis of Mark Zuckerberg
The robotic nerd depicted in “The Social Network” has turned into the kinder, more accessible face of Silicon Valley. What’s going on?The New York Times - Tech -
Trump’s Immunity Claim Joins His Plans to Increase Executive Power
The former president is asking the Supreme Court to put the presidency above criminal law as he pursues a broader agenda of expanding the office’s power should he win the election.The New York Times - Top stories - Donald Trump -
Oracle's Larry Ellison says planned Nashville campus will be company's 'world headquarters'
Oracle Corp. Chairman Larry Ellison says the business software giant’s planned campus in Nashville, Tennessee, will serve as its world headquarters and place it in a city that's a center of the health care industryABC News - Tech -
IBM’s stock heads toward its worst day since 2021 after earnings
IBM’s earnings showed continued AI momentum, though overall revenue came in a bit light.MarketWatch - Business -
Bears unveil $5 billion plan for lakefront stadium and seek public funding to make it happen
The Chicago Bears unveiled a nearly $5 billion proposal for an enclosed stadium next door to their current home at Soldier Field as part of a major project that would transform the city’s lakefront, and they are asking for public funding to help ...ABC News - Sports -
Chicago Bears' new stadium plans revealed, from roof to plaza and more
The Bears on Wednesday gave fans and all of Chicago a first look at what they're planning to build along the city's lakefront, announcing everything from a location to roofing plans to green space to plaza details.Yahoo Sports - Sports -
Pro-Palestinian protests planned for Washington's premier party weekend
Pro-Palestinian protesters are looking to puncture the festive bubble this weekend surrounding the White House Correspondents’ Association Dinner.NBC News - Politics -
Acrivon Therapeutics’ shares climb 14% on plans to present cancer-test data
Shares of Acrivon Therapeutics advanced in post-market trading after the biopharmaceutical company said it would present clinical trial data in connection with a biomarker test for ovarian and endometrial cancers.MarketWatch - Business -
New Jersey Bankruptcy Judge Allows Diocese Sex-Abuse Plan to Advance
The Camden Diocese’s insurers had opposed the bankruptcy plan for sex-abuse claims.The Wall Street Journal - World -
Google's New Privacy Plan Has Flaws, Regulator Says in Internal Documents
The Information Commissioner’s Office said in a draft report that Google’s proposed replacements for cookies have gaps that advertisers can exploit.The Wall Street Journal - Tech - Google -
Below-Forecast U.S. Data Could Weaken Dollar, Lower U.S. Treasury Yields
The dollar could weaken and Treasury yields decline if key U.S. data on Thursday and Friday come in below expectations, BDSwiss said.The Wall Street Journal - World -
Arizona House votes to repeal controversial 1864 abortion ban
The Arizona House voted on Wednesday to repeal the state's controversial 1864 abortion banABC News - Top stories - Abortion -
Charlize Theron, Michelle Williams and Naomi Watts Turn Out for Dior
This week, the musician Kim Gordon performed after a star-studded Dior runway show in Brooklyn. And, luminaries honored Tony Bennett during Jazz at Lincoln Center’s annual gala.The New York Times - Lifestyle -
Charlize Theron, Michelle Williams and Naomi Watts Turn Out for Dior
This week, the musician Kim Gordon performed after a star-studded Dior runway show in Brooklyn. And, luminaries honored Tony Bennett during Jazz at Lincoln Center’s annual gala.The New York Times - Lifestyle