Tech Companies Anticipating the Enormous Quantities of Electricity That Will Be Needed to Power the Advance of Artificial Intelligence Are Looking to Utilities for Reassurance about Supplies
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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 -
Amazon said it would let companies use their own generative artificial-intelligence models inside its AI app development platform.
Amazon said it would let companies use their own generative artificial-intelligence models inside its AI app development platform.The Wall Street Journal - World -
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 -
Worried about the volatility in Magnificent Seven stocks? Take a look at the companies’ short-dated bonds.
As their stocks sell off, Magnificent Seven companies’ two-year bonds are looking attractive.MarketWatch - Business -
Pope to bring his call for ethical artificial intelligence to G7 summit in June in southern Italy
Pope Francis is taking his call for artificial intelligence to be developed and used according to ethical lines to the Group of 7 industrialized nationsABC News - World -
Tech Spending Still Proves Thorny for Some Advertising Companies
A slower pace of business in the technology sector continued to weigh on some ad holding companies in the first quarter, but things might be looking up.The Wall Street Journal - World -
Google's parent said quarterly profit jumped and it announced its first cash dividend, sending its stock soaring after months of scrutiny over an expensive push in artificial intelligence.
Google’s parent said quarterly profit jumped and it announced its first cash dividend, sending its stock soaring after months of scrutiny over an expensive push in artificial intelligence.The Wall Street Journal - World -
Biden needs to give Putin something to worry about
Anything would be more persuasive than Biden's "don't."The Hill - Politics - Joe Biden -
Study finds electric vehicles lose value more quickly than gasoline-powered cars
In what could be a troubling sign for the electric vehicle market, a recent study found that prices of used EVs dropped far more than comparably aged gas-powered vehicles. NBC News' Christine Romans reports.NBC News - Top stories -
Why Microsoft’s earnings are all about ‘surviving and advancing’
Big AI gains could be ahead for Microsoft, but Thursday afternoon’s earnings may illustrate a more gradual ramp.MarketWatch - Business -
Exxon is working on tech to remove CO2 from atmosphere but a breakthrough is needed to slash costs
Exxon CEO Darren Woods said the technology is currently unaffordable with CO2 removal costing between $600 to $1,000 per ton.CNBC - Business -
Met Gala 2024: A Guide to the Theme, Hosts and How to Watch
What’s the dress code, who’s hosting, who’s going and how to watch.The New York Times - Lifestyle -
Met Gala 2024: A Guide to the Theme, Hosts and How to Watch
What’s the dress code, who’s hosting, who’s going and how to watch.The New York Times - Lifestyle -
Energy & Utilities Roundup: Market Talk
Gain insight on Imperial Oil, the U.S. rig count, Europe’s energy policies, and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Gain insight on Imperial Oil, the U.S. rig count, Europe’s energy policies, and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
What Marketers Should Know About Ibotta, the Digital Promotions Company That Just Went Public
The Walmart-backed company provides consumers with cash back and other deals in exchange for their purchase data.The Wall Street Journal - World -
Sequoia commits to backing Musk’s xAI start-up
Venture capital firm is among investors that entrepreneur is wooing as he seeks to gain ground on rivalsFinancial Times - Business -
Harvey Weinstein’s rape conviction in New York overturned on appeal
State appeals court found mistakes in prosecution of former film mogul that gave momentum to #MeToo movementFinancial Times - Business - New York -
Nomura profits soar as Japan’s stock market breaks bubble-era record
Investment bank and brokerage boosted by surging stock and fixed-income tradingFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
Thoma Bravo to buy UK-listed Darktrace for £4.3bn
Offer comes less than two years after private equity group held talks about buying cyber security companyFinancial Times - Business -
The Biden EPA's Plan to Ration Electricity
New rules are designed to eliminate fossil-fuel power plants. Energy scarcity is sure to result.The Wall Street Journal - World - Joe Biden -
Two UK men charged with helping Russian intelligence after suspected arson attack
It comes after a Ukraine-linked business in London was targeted in a suspected arson attack.BBC News - Top stories - United Kingdom -
Two British men charged with helping Russian intelligence
Yahoo News - World - Russia -
The Americas’ Fastest Growing Companies
The FT’s fifth annual ranking of the region’s businesses by revenue growth. Plus: outsourcers tap into remote work boom; Shopify targets more growth from bigger clients; Brazil’s alternative to electric vehicles; and Vertex Pharmaceutical’s ...Financial Times - World -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - World -
WPP Revenue Hit by Tech Pullback
WPP backed its full-year revenue guidance after its first-quarter results were hurt by weaker spending by technology clients and project delays.The Wall Street Journal - Business -
Ukraine looks to stop the bleeding
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Ukraine looks to stop the bleeding as US readies more aid Ukraine faces a daunting battle this year to achieve ...The Hill - Politics - Ukraine -
Veteran Salute: Transporting every type of supply in Vietnam
Yahoo News - World -
Schneider Electric in Talks to Take Control of Bentley Systems
A deal would merge Schneider’s software business with publicly traded Bentley.The Wall Street Journal - Tech -
G7 to target sixfold expansion of electricity storage
Batteries and other solutions aim to store wind, solar and hydropower to make up for intermittent supplyFinancial Times - Business -
Two British men charged with helping Russian intelligence in London arson attack
Three others also charged in connection with case targeting Ukrainian-owned businessFinancial Times - Business - Russia -
Two British men charged with helping Russian intelligence in London arson attack
Three others also charged in connection with case targeting Ukrainian-owned businessFinancial Times - World - Russia -
15 Looks That Did the Most at Coachella
The music festival had plenty of memorable fashion. Most (but not all) of it was ostentatious.The New York Times - Lifestyle -
‘Challengers,’ Zendaya’s Looks Deliver Normcore
Zendaya breaks hearts in a stylish tennis love triangle.The New York Times - Lifestyle -
‘Challengers,’ Zendaya’s Looks Deliver Normcore
Zendaya breaks hearts in a stylish tennis love triangle.The New York Times - Top stories -
We need an AIPAC for Ukraine
What's clear is that if the United States is going to support Ukraine, we will need a higher level of political support for Ukraine over the next five to ten years, whether that support is for the ongoing conflict or for the country’s ...The Hill - Politics - Ukraine