Meta Reports Q4 Operating Loss of $4279b for Its Metaverse Division
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Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta proves AI hype has its limits
Artificial intelligence is a multibillion-dollar project with no clear timeline for revenuesFinancial Times - Business - Meta -
Meta's Reality Labs posts $3.85 billion loss in first quarter
Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.CNBC - Business -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Hong Kong's stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.
Hong Kong’s stock-exchange operator reported lower net profit for the second straight quarter, with poor market sentiment cutting further into trading and listing activity.The Wall Street Journal - World -
Meta, in Its Biggest A.I. Push, Places Smart Assistants Across Its Apps
Users of Instagram, Facebook, WhatsApp and Messenger will be able to turn to the new technology, powered by Meta’s latest artificial intelligence model, to obtain information and complete tasks.The New York Times - Tech -
As Meta’s stock slides, investors are flocking to its bonds and other Magnificent Seven debt
As Meta Platform Inc.’s stock suffers a bruising 13% rout on Thursday, investors are flocking to its bonds, which are seeing the most net buying of any of the so-called Magnificent Seven companies.MarketWatch - Business -
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 -
Southwest closing operations at four airports
Southwest is closing operations at four airports because of delivery delays for Boeing airliners. The cutback comes as the airline reported a first-quarter loss of $231 million, and said it will also limit hiring and offer voluntary leave to ...The Hill - Politics -
Meta Platforms reported record first-quarter revenue as the company's advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.
Meta Platforms reported record first-quarter revenue as the company’s advertising business grew at a rapid clip even as investors soured on forecasts of rising costs related to artificial intelligence.The Wall Street Journal - World -
Michael Penix Jr. landing spots: Ranking top NFL Draft fits for likely Round 1 pick, including division rivals
Here are five potential landing spots for one of the draft's top QB prospectsCBS Sports - Sports - NFL -
What ‘telltale signs’ will indicate Israel’s military operation in Rafah?
NBC News International Correspondent Raf Sanchez joins Meet the Press NOW to report on Israel’s latest military operations and what signs to look for that indicate an incoming Rafah military offensive.NBC News - Politics - Israel -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - World - China -
China warns Blinken US must choose between ‘co-operation or confrontation’
Secretary of state expected to demand Beijing cease support for Russia’s war in UkraineFinancial Times - Business - China -
The Morning Risk Report
Business groups race to block FTC’s ban on noncompete agreements, and crypto mixer Samourai Wallet’s co-founders arrested for money laundering. Also, Ecuador’s former comptroller general convicted in case tied to Odebrecht.The Wall Street Journal - World -
CoD: Warzone And MW3 Season 3 Reloaded New Party Operator Skin Bonuses Explained
The Season 3 Reloaded update arrives to Call of Duty: Modern Warfare 3 and Warzone on May 1, bringing new maps, modes, and operator bundles. Some of the season's wackiest bundles will also include another way for players to earn additional XP with ...GameSpot - Tech -
Questions swirl over the future of TikTok. Who could own it? How will the platform operate?
Congress passed a bill that could ban TikTok. What could happen next, and who might buy the social media platform?Los Angeles Times - Entertainment -
A US-led effort to bring aid to Gaza by sea is moving forward. But big concerns remain
The construction of a new port in Gaza and a UABC News - World -
Angels dispute controversial review in loss to O's
Replay review of an initial out call on Jo Adell's attempted steal of second base with two outs in the bottom of the ninth inning was not overturned, resulting in the Angels' 6-5 loss to the Orioles.ESPN - Sports -
Comcast earnings beat expectations as Peacock losses narrow
Comcast scored a profit beat for the latest quarter, and that seemed to be overshadowing another drop in broadband subscribers.MarketWatch - Business -
Southwest will limit hiring and drop 4 airports after loss. American Airlines posts 1Q loss as well
American and Southwest airlines both say they lost money in the first quarter, and they're responding by trying to cut costsABC News - Top stories - Travel -
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 -
Report: Trey Hendrickson requests trade
The Bengals got a trade request from wide receiver Tee Higgins after they used their franchise tag on him this offseason and now another member of the team reportedly wants to be moved as well.Yahoo Sports - Sports -
Hermès Created a Shape for Its New Women’s Watch
The house’s creative director says the case’s sculpted form has “a kind of complexity in its simplicity.”The New York Times - Lifestyle -
McKinsey Is Under Criminal Investigation for Its Opioid Work
Federal prosecutors are examining the consulting company’s role in helping “turbocharge” the sale of painkillers like OxyContin.The New York Times - Business -
McKinsey Is Under Criminal Investigation for Its Opioid Work
Federal prosecutors are examining the consulting company’s role in helping “turbocharge” the sale of painkillers like OxyContin.The New York Times - Top stories -
The best meal kits for weight loss and fitness-friendly eating
The best meal kits for weight loss make it easy (and fun!) to stick to a healthy, consistent diet.CBS News - Top stories -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Liverpool's Premier League title hopes hit by 2-0 loss to Everton. Man United survives another scare
It looks like there will be no dream send-off for Jurgen Klopp after a 2-0 loss at Everton dealt a major blow to Liverpool’s Premier League title hopesABC News - Sports - Premier League -
How one state is trying to make weight loss drugs cheaper
Weight loss drugs aren't covered by insurance for North Carolina's state employees. The state is negotiating with drugmakers Eli Lilly and Novo Nordisk to try to lower the costs.NBC News - Top stories -
As Liverpool run out of steam, title hopes evaporate at Everton
It appears Jurgen Klopp's players have switched off as Wednesday's loss practically ends Liverpool's title hopes.ESPN - Sports -
Van Dijk questions desire of team-mates after loss
Liverpool captain Virgil van Dijk questions his side's desire to win the Premier League after a damaging defeat against Merseyside rivals Everton.BBC News - Top stories -
Sanders launches investigation into 'unacceptable' diabetes, weight loss drug prices
Sen. Bernie Sanders (I-Vt.), chair of the Senate Health, Education, Labor, and Pensions (HELP) Committee, on Wednesday launched an investigation into the “outrageously high prices” of Novo Nordisk’s respective diabetes and weight loss drugs, ...The Hill - Politics -
Insurers scale back reimbursements for drugs used for weight loss
A growing number of insurance carriers say they won't cover the cost of weight loss medications because it is too high. The change is forcing some patients to take desperate measures. NBC News' Erin McLaughlin reports.NBC News - Top stories -
Ozempic and Wegovy Have Health Benefits Beyond Weight Loss
The effects of semaglutide drugs won’t just be cosmeticThe New York Times - Top stories -
How a Loss in the Emergency Abortion Case Could Become a Win for Biden
A ruling in the emergency abortion case heard at the high court on Wednesday could turn out abortion rights supporters to the polls.The New York Times - Top stories - Joe Biden