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Alphabet Inc

Here’s what it means for U.S. tech firms

by Adrian Jhonsan
Here’s what it means for U.S. tech firms

The European Union’s landmark artificial intelligence law officially enters into force Thursday — and it means tough changes for American technology giants. The AI Act, a landmark rule that aims …

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Categories World

Fed signals possible rate cut; Wall Street soars

by Adrian Jhonsan
Fed signals possible rate cut; Wall Street soars

This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they …

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Categories World

Meta advertising growth proof that hefty AI spending is paying off

by Ev Richard
Meta advertising growth proof that hefty AI spending is paying off

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on “The Circuit with Emily Chang” at Meta headquarters in Menlo Park, California, US, on Thursday, July 18, …

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Categories Technology

Microsoft says OpenAI is now a competitor in AI and search

by Adrian Jhonsan
Microsoft says OpenAI is now a competitor in AI and search

Microsoft CEO Satya Nadella, right, greets OpenAI CEO Sam Altman during the OpenAI DevDay event in San Francisco on Nov. 6, 2023. Justin Sullivan | Getty Images News | Getty …

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Categories World

Meta shows its AI spending is already paying off in big earnings beat

by Adrian Jhonsan
Meta shows its AI spending is already paying off in big earnings beat

Meta Platforms on Wednesday reported better than expected quarterly results, delivering revenue at the high end of guidance thanks to a roughly 22% increase in advertising dollars. While there are …

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Categories World

Meta Q2 earnings report 2024

by Adrian Jhonsan
Meta Q2 earnings report 2024

Meta founder and CEO Mark Zuckerberg speaks during the Meta Connect event at Meta headquarters in Menlo Park, California, on Sept. 27, 2023. Josh Edelson | AFP | Getty Images …

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Categories World

Pinterest (PINS) Q2 2024 earnings

by Ev Richard
Pinterest (PINS) Q2 2024 earnings

Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024.  Brendan McDermid | Reuters Pinterest shares sank …

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Categories Technology

Microsoft (MSFT) Q4 earnings report 2024

by Ev Richard
Microsoft (MSFT) Q4 earnings report 2024

Microsoft CEO Satya Nadella speaks during the company’s Build developer conference in Seattle on May 21, 2024. Jason Redmond | AFP | Getty Images Microsoft is scheduled to report fiscal …

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Categories Technology

Meta reaches $1.4 billion settlement in Texas biometric data suit over Facebook

by James Odonell
Meta reaches .4 billion settlement in Texas biometric data suit over Facebook

Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024.  Evelyn Hockstein | Reuters Meta …

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Categories Politics

Perplexity AI to share revenue with publishers after plagiarism accusations

by Adrian Jhonsan
Perplexity AI to share revenue with publishers after plagiarism accusations

Perplexity AI on Tuesday debuted a revenue-sharing model for publishers, after more than a month of plagiarism accusations. Media outlets and content platforms like Fortune, Time, Entrepreneur, The Texas Tribune, …

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Categories World
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