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OpenAI's Sam Altman Hints At Compensation Evaluation Amid Meta's 'Distasteful' AI Talent Poaching Spree: Report
Wednesday, July 2, 2025 - 7:19am | 588Read More...OpenAI CEO Sam Altman, in an internal message to OpenAI researchers, reportedly emphasized the importance of staying with OpenAI and hinted at possible compensation evaluations. What Happened: In a message to OpenAI researchers on Monday, Altman made a strong case for staying with OpenAI,...
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Mark Zuckerberg's Meta Could Rake In Over $10 Billion In Annual Ad Revenue From WhatsApp By 2028, Says Analyst
Tuesday, June 17, 2025 - 7:58am | 675Read More...Meta Platforms Inc. (NASDAQ:META) could potentially generate over $10 billion in annual ad revenue from its WhatsApp messaging service by 2028, according to an analyst. What Happened: Evercore ISI analyst Mark Mahaney estimated that if Meta could secure an average advertising...
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Elon Musk, Jack Dorsey Call For Abolition Of All Intellectual Property Laws, Arguing There Are 'Much Greater Models To Pay Creators'
Monday, April 14, 2025 - 4:52am | 697Read More...Elon Musk, CEO of Tesla Inc. (NASDAQ:TSLA), and Jack Dorsey, co-founder of Twitter (currently X) as well as Square, now called Block Inc. (NYSE:XYZ), have ignited a debate over intellectual property rights. The tech magnates have suggested a complete eradication of IP laws, a move that has stirred...
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Trump Says 'This Is A Great Time To Buy,' But Portfolio Managers Give A Reality Check: 'Permanent Damage Has Been Done'
Thursday, April 10, 2025 - 3:05am | 771Read More...President Donald Trump indicated a more lenient approach to his trade agenda on Wednesday, leading to a significant rally in the stock market, but portfolio managers and analysts aren’t fully convinced. What Happened: Investors had been anxious about the escalating trade war and a worrying...
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Meta's AI Research Head Announces Departure After 7 Years As Mark Zuckerberg Doubles Down On AI Investments
Wednesday, April 2, 2025 - 6:23am | 563Read More...Joelle Pineau, the Vice President of AI research at Meta Platforms Inc. (NASDAQ:META), has decided to step down and leave the company in May. What Happened: Pineau announced her departure via a Facebook post on Tuesday. She has been with Meta since May 2017, overseeing the company’...
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Trump Suggests Meta May Invest Up To $60 Billion In The US By The End Of 2025 (CORRECTED)
Friday, March 14, 2025 - 3:59am | 765Read More...Editor’s Note: A correction has been made to accurately reflect TSMC’s investment amount in the United States. U.S. President Donald Trump has indicated that Meta Platforms (NASDAQ:META) could invest up to $60 billion in the United States by the end of the year. What Happened: While...
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Activist Hedge Fund ValueAct Boosts Meta Stake With $121M Bet, But CEO Morfit Supports Mark Zuckerberg's AI Vision: Here's What Investors Should Know (Updated)
Friday, November 15, 2024 - 8:41am | 752Read More...Editor’s Note: This story has been updated with a confirmation from ValueAct Holdings. ValueAct Holdings, L.P. reported holdings worth $3.9 billion in the September quarter after it disclosed major changes in its 13F filing for the third quarter of current fiscal. What Happened: One of the...
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Amazon's iRobot Deal Is Now Facing Tough Antitrust Review By Federal Trade Commission
Sunday, September 4, 2022 - 3:18pm | 418Read More...The U.S. Federal Trade Commission (FTC), led by Chair Lina Khan, has started scrutinizing Amazon.com, Inc's (NASDAQ: AMZN) $1.7 billion deal to buy Roomba vacuum maker iRobot Corporation (NASDAQ: IRBT). In August, Amazon announced its all-cash deal of $61 per share to acquire iRobot....









