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US stocks today: S&P 500, Nasdaq edge lower as tech shares slideUS stocks ended slightly lower as weakness in technology and semiconductor shares weighed on sentiment, even as Meta rose after reports of ...- Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if...Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choos...
- Centre asks Meta to pause WhatsApp username rollout; seeks reply in three daysIt has directed Meta to furnish a detailed explanation of the feature within three days. The company has been asked not to roll out the fea...
- Meta names Alex Schultz first chief data officerMeta is reshuffling its leadership to bolster its AI and data strategy. Alex Schultz, previously Chief Marketing Officer, is now the compan...
- Shutterstock shares crash 29% after Getty Images calls off $3.7 billion mergerShutterstock shares plunged nearly 30% after Getty Images scrapped its $3.7 billion merger following UK regulator objections. The Competiti...
- Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market?Meta has poured hundreds of billions of dollars into data centers and AI chips.
- US Stocks: Meta building cloud business to sell AI computing, says report; shares riseMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- WhatsApp usernames face heat; Byju’s inventory in limboIndia is weighing legal guardrails for WhatsApp usernames amid fresh fraud fears. This and more in today’s ETtech Top 5.
- Meta building cloud business to sell excess AI capacity, Bloomberg News reportsMeta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This s...
- Fear and anger brew inside Meta amid AI frenzyA frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveil...
- Meta loses bid to dismiss US states' claims that Facebook, Instagram addict childrenIn a decision late Monday, U.S. District Judge Yvonne Gonzalez Rogers in Oakland, California, denied Meta's motion to dismiss claims based ...
- Worries arise over gaming of WhatsApp usernamesThe feature, expected to roll out later this year, will allow users to connect using usernames instead of sharing their phone numbers. Whil...
- Google limits Meta's use of its Gemini AI models: ReportGoogle, owned by Alphabet, told Meta around March it could not meet the full Gemini capacity the company had sought to purchase, the news...
- Beyond Nvidia: Why AI giants like OpenAI, Google and Amazon are building custom chipsThe AI race is heating up as tech giants like OpenAI, Google, Amazon, and Microsoft design their own chips to optimize AI operations. This ...
- US stocks | Micron overtakes Meta, Tesla in market value amid relentless AI infrastructure demandMemory chip giant Micron Technology has surpassed Meta Platforms in market valuation for the first time, driven by a robust AI-fueled surge...
- Amazon CEO in India Now; Hyderabad’s growing spacetech orbitAmazon CEO Andy Jassy is in India as the tech giant triples down on its quick commerce play in the country. This and more in today’s ETtech...
- Meta, Microsoft lead $850 billion boom in data center leasesTech giants Meta and Microsoft are pouring billions into future data center leases, pushing industry-wide commitments past $850 billion. Me...
- Inside Meta's India investments: First Reliance, now CredThis was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tec...
- 11,983% profit! HFCL promoter’s Rs 10/share Jio bet may turn into Rs 5,800 crore windfallJio Platforms has formally kicked off its IPO journey by filing its DRHP with SEBI, highlighting the extraordinary wealth creation generate...
- UK considers forcing social media firms to prioritise trusted newsThe culture department said on Monday it was considering requiring platforms such as Meta's Facebook, Alphabet-owned YouTube and TikTok to ...
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