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Artificial intelligence and this week's market melt-up are driving mega cap tech stocks higher. Yardeni Research President Ed Yardeni joins Yahoo Finance Live to discuss the trends seen across the tech space and the potential to broaden out to other industries.
Meta is trying to lure Oprah Winfrey and the Dalai Lama to its upcoming Twitter rival as Mark Zuckerberg attempts to take on Elon Musk.
Two companies have different philosophical approaches to headsets, CEO says
Meta targeting Oprah Winfrey and Dalai Lama as potential users of ‘sanely run’ social networking platform
Employees get preview of chatbots similar to ChatGPT for Messenger and WhatsApp
In the latest trading session, Meta Platforms (META) closed at $264.58, marking a +0.37% move from the previous day.
(Bloomberg) -- Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg sought to reassure employees about the company’s strategy, especially its emphasis on artificial intelligence, just two weeks after it finished the latest round of job cuts.Most Read from BloombergAmericans Are Leaving Portugal as Golden Visa Honeymoon EndsDonald Trump Charged in Florida Over Secret Documents CaseUkraine’s New Tanks Are Seen in Action as Counteroffensive Gets UnderwayRussian Elite Is Souring on Putin’s Ch
Apple is distancing its Vision Pro from the rest of the VR/AR headset pack, but it can't escape what the device is.
NEW YORK (Reuters) -Facebook owner Meta Platforms on Thursday gave employees a sneak peek at a series of AI tools it was building, including ChatGPT-like chatbots planned for Messenger and WhatsApp that could converse using different personas. Company executives speaking at an all-hands meeting also demonstrated a coming Instagram feature that could modify user photos via text prompts and another that could create emoji stickers for messaging services, according to a summary of the session provided by a Meta spokesperson. The showcase provided the first concrete indications of how the social media giant is planning to make its own generative AI tools available to its 3.8 billion monthly users, months after competitors like Google, Microsoft and Snapchat announced a rush of launches of such tools in their products.
Meta rolls out WhatsApp's new broadcast feature titled "Channels". Yahoo Finance tech editor Dan Howley breaks down what the feature does and the new business opportunities it could present for Meta.
Communication Services sector is up over 30%, thanks to its high-profile holdings
Following the striking down of Roe v. Wade, activist investors are pushing companies to disclose the impact new abortion rights laws could have their businesses. Yahoo Finance legal reporter Alexis Kennan breaks down what investors want to know.
Twilio (TWLO) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Don't call it a headset. Apple is trying to draw a distinction between the Vision Pro and the Meta Quest headsets. Yahoo Finance Tech Editor Dan Howley explains why it's so important to Apple to distinguish its "spatial computer" from its rivals.
Meta Platforms and Nvidia are part of the Zacks Earnings Trends blog.
Meta Platforms (NASDAQ:META) has had a great run on the share market with its stock up by a significant 45% over the...
Recent technological advances shed light on virtual reality (VR) in recent months, making it an industry worth keeping a close eye on. Meta Platforms and Sony have dominated the VR space with their respective headsets for years. Meta has pivoted its business almost completely toward VR development and the metaverse.
The term -- and the concept behind it -- came from Neal Stephenson's 1992 sci-fi bestseller Snow Crash, but it only gained more mainstream attention over the past few years as more advanced virtual reality (VR) and augmented reality (AR) headsets hit the market. The bulls believe the metaverse will eventually blur the lines between the physical and digital worlds by enhancing real-world environments with digital overlays, virtually transporting people to both imaginary places and digital twins of real-world locations, and enabling people to remotely interact with each other without PCs or smartphones. It could also revolutionize video games by replacing monitors, TVs, consoles, and controllers with mixed-reality headsets.
‘Suggested for you’ feature reportedly linked users to child sexual abuse material
From Google Glass to Magic Leap to Meta's Oculus division, tens of billions of dollars have gone into building computing goggles, with minimal returns to show for it. After Facebook changed its name to Meta (NASDAQ: META) in 2021 and said it was investing at least $10 billion a year into building AR and VR products, industry hype went into overdrive and the term "metaverse" became a household name. Apple revealed its Vision Pro augmented reality device to the world this week, which looks like sleek skiing or snorkeling goggles.
Second, Apple (NASDAQ: AAPL) said it was working with Unity to develop mixed-reality apps for its new Vision Pro headset during its Worldwide Developers Conference on June 5. Is it the right time to buy Unity as a turnaround play, or is it too late to hop on the bandwagon? Its revenue rose 43% in 2020, climbed 44% in 2021, and management claimed the company could maintain an annual growth rate of 30% over the "long term."
BRUSSELS (Reuters) -EU industry chief Thierry Breton will meet Meta Platforms Chief Executive Mark Zuckerberg on June 23 and demand that he act immediately to tackle content targeting children, as Meta's voluntary child protection code seemed not to be working. Social media platforms such as Meta's Instagram, ByteDance's TikTok, Snap's Snapchat and Alphabet's YouTube have stirred concerns among regulators and users over content targeted at young children.
The Stanford Internet Observatory documented how a web of social media accounts advertises and distributes abuse materials
OTTAWA (Reuters) -Alphabet's Google and Meta Platforms are using "bullying tactics" against a Canadian push aimed at ensuring financial support for news publishers, Prime Minister Justin Trudeau said on Wednesday. The proposed legislation is designed to compel internet giants like Google and Meta's Facebook to negotiate commercial deals and pay publishers for their content. The U.S. technology companies say proposals in the bill, dubbed the "Online News Act," are unsustainable for their businesses.
Investors who stuck with growth names during last year's sell-off have been rewarded during 2023's rally.