Google’s parent announces first-ever dividend, sending shares soaring: ‘Breath of fresh air’
New York Post » Tech
by Reuters
2h ago
CEO Sundar Pichai touted Google's AI offerings as a boon to its core search results ..read more
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TikTok owner ByteDance reportedly would rather shut down app than sell it as it faces US ban
New York Post » Tech
by Shannon Thaler
2h ago
TikTok owner ByteDance reportedly would rather shut down the popular video-sharing app than sell it if the Chinese-based company exhausts all legal options to fight a US ban – despite growing interest from American buyers for the platform.   The algorithms TikTok relies on for its operations are deemed core to ByteDance’s overall operations, which would ..read more
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Microsoft revenue surges 17%, driven by AI gains, ChatGPT partnership
New York Post » Tech
by Reuters
3h ago
Microsoft stock has soared on Microsoft shipping genAI tools based on its strategic partnership with ChatGPT creator OpenAI ..read more
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FCC reinstates net neutrality rules — and move is slammed: ‘Power grab, plain and simple’
New York Post » Tech
by Fox Business
7h ago
Net neutrality rules were first imposed during the Obama administration in 2015 but were repealed in 2017 after the Trump administration flipped control of the FCC ..read more
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Meta plunges nearly 15% after Mark Zuckerberg’s firm forecasts higher expenses from ‘aggressively’ investing in AI
New York Post » Tech
by Shannon Thaler
8h ago
Meta plunged nearly 15% Thursday after the Facebook-parent forecast higher expenses over its plans to “invest aggressively” in artificial intelligence. The Mark Zuckerberg-led tech giant’s stock was down 13.5%, at $427 at 11:30 am ET — threatening to wipe roughly $200 billion in market cap. Zuckerberg’s net worth also took a massive hit, wiping out about ..read more
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Billionaires race to buy TikTok after Chinese owners ordered to sell app — with Steve Mnuchin in the lead
New York Post » Tech
by Lydia Moynihan
13h ago
These Wall Street and tech titans need more than likes to get control of the app ..read more
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French musician becomes first-ever passenger inside flying car: ‘Amazing experience’
New York Post » Tech
by Patrick Reilly
1d ago
A flying car company made history this week by taking the world’s first car flight with a passenger in what could be the future of transportation ..read more
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Mark Zuckerberg made just $1 salary from Meta in 2023 – and $24.4M in ‘other compensation’
New York Post » Tech
by Shannon Thaler
1d ago
According to a proxy filing statement, the lion's share of this "other compensation" covered Zuckerberg's security costs ..read more
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Meta shares drop after warning of weak revenue growth, higher AI expenses
New York Post » Tech
by Reuters
1d ago
Meta's shares dropped about 10% in extended trade following the report, evaporating $125 billion worth of stock market value ..read more
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TikTok vows legal fight after Biden signs ‘unconstitutional’ ban: ‘We aren’t going anywhere’
New York Post » Tech
by Ariel Zilber
1d ago
TikTok vowed to wage legal battle after President Biden signed a measure that forces ByteDance to sell the app -- or face shutting down in the US ..read more
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