Software stocks like AppLovin and CrowdStrike extended their weeks-long selloff; several of the biggest decliners were discussed in Citrini Research's post
The weeks-long selloff in software stocks deepened Monday amid general unease about the threat posed by AI. — Software-makers AppLovin, CrowdStrike …
Imagining an AI-driven “2028 Global Intelligence Crisis”: as white-collar layoffs grow, the human-centric consumer economy withers and the social fabric frays
A Thought Exercise in Financial History, from the Future — Preface — What if our AI bullishness continues to be right …
Imagining an AI-driven “2028 Global Intelligence Crisis”: as white-collar layoffs grow, the human-centric consumer economy withers and the social fabric frays
A Thought Exercise in Financial History, from the Future — Preface — What if our AI bullishness continues …
In a memo, Satya Nadella addresses the “enigma” of layoffs while “Microsoft is thriving”, saying the transition into the AI era “might feel messy at times”
Satya Nadella, Chairman and CEO … Edwin Evans-Thirlwell / Rock, Paper, Shotgun : Dear Microsoft CEO Satya Nadella, please prove that an AI didn't write your insulting, vacuous blog...
Sources: OpenAI researcher Jason Wei, who worked on o3 and deep research models, and his colleague Hyung Won Chung are joining Meta's new superintelligence lab
Jason Wei, who worked on OpenAI's o3 and deep research models, will be joining Meta's superintelligence lab.
Figma files for an IPO, plans to trade on the NYSE under the ticker FIG, and reports Q1 revenue up 46% YoY to $228.2M and net income up 233% YoY to $44.9M
Design software company Figma filed for an IPO on Tuesday, and plans to trade on the New York Stock Exchange under ticker symbol “FIG.”
WhatsApp rolls out ads in its Updates tab, a first for the app, and Meta will collect some data to target the ads, but says it has no plans to put ads in chats
here's where you'll see them (and where you won't) Capital Brief : Meta to roll out ads on WhatsApp and offer paid subscriptions Katie Hicks / Marketing Brew : Ads are coming to Wh...
WhatsApp rolls out ads in its Updates tab, a first for the app, and Meta will collect some data to target the ads, but says it has no plans to put ads in chats
They will appear in only one part of the Meta-owned messaging service, it said. The move is potentially lucrative, while raising questions about user privacy.
Neal Mohan says the monetization rate of Shorts hit parity with core YouTube in the US and multiple other countries, and Shorts viewing grew 20% YoY in Q1 2025
Todd Spangler / Variety :
Amazon reports Q1 revenue up 9% YoY to $155.67B, vs. $155.04B est., operating income up 20% YoY to $18.4B, and forecasts Q2 operating income below estimates
- Net sales increased 9% to $155.7 billion in the first quarter, compared with $143.3 billion in first quarter 2024.
Sources: Meta asked Microsoft, Amazon, and others over the past year to fund Llama training costs in exchange for incentives, as part of a “Llama Consortium”
spending money on something they would eventually get for free w @KalleyHuang 🤝 https://www.theinformation.com/ ... @borrowed_ideas : The sooner $AMZN and $MSFT both understand tha...
Zuckerberg says there's a “bogus narrative saying I blamed Sheryl for a bunch of stuff” and he was just addressing the origin of “bring your whole self to work”
Well, specifically, they want me to know. — On Thursday, The New York Times published a lengthy story …
EssilorLuxottica CFO says Ray-Ban Meta glasses are a “success” in the US and the bestseller “in 60%” of Ray-Ban stores in Europe, the Middle East, and Africa
Revenue keeping a solid 4% growth — Group's revenue up 4.0% … Jack Purcher / Patently Apple : Meta has won an Orion related Smartglasses Patent covering Liquid Crystal-based Metas...
Sergey Brin says he's working at Google “pretty much every day” and that AI algorithmic improvements are “even outpacing the increased compute” put into models
Google co-founder and ex-Alphabet president Sergey Brin said he's back working at Google “pretty much every day” …
Q&A with Meta CTO Andrew Bosworth on the company's metaverse strategy, barriers to MR/VR growth, Reality Labs spending, AR glasses, AI, and more
Matthew Ball / MatthewBall.co :
In an interview, Mark Zuckerberg says that there will not be “just one AI”, disparages closed-source AI competitors as thinking they're “creating God”, and more
Why Mark Zuckerberg thinks closed source AI competitors are harming the industry Hamsat Abdurasheed / News.ng : Zuckerberg announces plans to begin surfacing creators' AI character...
A look at the different approaches to AI integration and modularization taken by Google, AWS, Microsoft, Nvidia, Meta, and Databricks, and the implications
Ben Thompson / Stratechery : Threads: @moatiful . X: @peibolsang , @madscapital , @jimmysopko , @rkrishnakumar , @1stleighton , @jonesonthenba , @4jimlee , @megangra , @madscapita...
Zuckerberg creates the Meta Advisory Group with Patrick Collison, Nat Friedman, Tobi Lütke, and Charlie Songhurst, to advise on tech and growth opportunities
In his annual shareholder letter, Andy Jassy says GenAI “may be the largest technology transformation since the cloud” and Amazon is committed to cost-cutting
how does Amazon remain resilient? While simple in its wording, it's profound because it gets to the heart of our success to date as well as for the future” His response: [image] Ri...
FTC lawsuit filings: Instagram had ad revenues of $22B in 2020, or 26% of Meta's total revenue, $32.4B in 2021, or 27% of Meta's revenue, and $16.5B in H1 2022
Bloomberg :