Google stock up after company announces Gemini AI model

Sundar Pichai, CEO of Google and Alphabet, speaks on artificial intelligence during a Bruegel think tank conference in Brussels, Belgium January 20, 2020. Yves Herman | Reuters Shares of Google popped more than 5% Thursday, a day after the company announced its latest artificial intelligence model called Gemini that will compete with products from OpenAI, … Read more

Microsoft’s president meets with the Chinese government to talk A.I.

Microsoft CEO Brad Smith participates in a meeting at The Westin Palace Hotel, on 20 May, 2022 in Madrid, Spain. Cezaro De Luca | Europa Press | Getty Images Microsoft President Brad Smith met with China’s Minister of Commerce Wang Wentao on Wednesday to discuss topics ranging from artificial intelligence to trade relations between Washington … Read more

Meta to expand encryption on Messenger making it similar to WhatsApp

Thilina Kaluthotage | Nurphoto | Getty Images Meta said Wednesday evening that the personal calls and chats of every Messenger user will be encrypted by default, representing a major privacy update that makes the service more similar to its sibling WhatsApp. Because of the encryption technology “nobody, including Meta, can see what’s sent or said, … Read more

Meta and Microsoft to buy AMD’s new AI chip as alternative to Nvidia

Lisa Su displays an ADM Instinct M1300 chip as she delivers a keynote address at CES 2023 at The Venetian Las Vegas on January 04, 2023 in Las Vegas, Nevada. David Becker | Getty Images Meta, OpenAI, and Microsoft said at an AMD investor event on Wednesday they will use AMD’s newest AI chip, the … Read more

Facebook content enabled child sexual abuse: New Mexico lawsuit

Facebook co-founder and Meta CEO Mark Zuckerberg sits in his seat inside a bipartisan Artificial Intelligence Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Leah Millis | Reuters Facebook and Instagram created “prime locations” for sexual predators that enabled … Read more

Investors realize they were too optimistic

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., November 16, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more

Bernstein names Amazon its ‘best idea’ and we see a lot to like, too

Club holding Amazon (AMZN) is a stock to own going into 2024, with the ecommerce giant poised for further profitability, according to Bernstein Research — a view we enthusiastically share. Bernstein on Tuesday named Amazon its “best idea” in the internet space for 2024, citing acceleration in its cloud business, cost discipline, digital advertising growth, … Read more

Engagement rings are in demand again after Covid trough

Signet Jewelers CEO Gina Drosos told CNBC’s Jim Cramer on Tuesday that marriage proposals are finally on the rise, years after Covid disrupted typical dating patterns and hurt the company’s business. “We know a lot about dating couples, and so we feel quite confident that our predictions are right, and that the engagement trough has … Read more

Nikki Haley raises over $500,000 at event with Wall Street execs

Nikki Haley, the candidate of the Republican Party in the 2024 presidential elections in the US, delivers remarks during a Town Hall campaign event in the Lowcountry in Bluffton SC, United States on November 27, 2023. Peter Zay | Anadolu | Getty Images Former U.S. ambassador to the United Nations Nikki Haley raised over $500,000 … Read more

Former researcher alleges Harvard forced her out to preserve Facebook donations

WASHINGTON — Social media researcher Joan Donovan says she knows the exact moment her career began to go off the rails.  The moment led to her departure from Harvard University in what she calls a firing, which Harvard says was anything but. The resulting dispute has rea-world implications for academic freedom, social media and corporate … Read more