Nvidia stock is down 5%+, as investor concerns around the AI infrastructure boom dampen enthusiasm about its better-than-expected earnings
Kai Nicol-Schwarz /CNBC:
Nvidia reports Q4 revenue up 73% YoY to $68.13B, above $66.21B est., Data Center revenue up 75% YoY to $62.3B, and forecasts Q1 revenue above estimates
Nvidia Corp., the dominant maker of artificial intelligence processors, failed to impress investors with its latest sales forecast …
Nvidia stock is down 5%+, as investor concerns around the AI infrastructure boom dampen enthusiasm about its better-than-expected earnings
Kai Nicol-Schwarz /CNBC:
Nvidia reports Q4 revenue up 73% YoY to $68.13B, above $66.21B est., Data Center revenue up 75% YoY to $62.3B, and forecasts Q1 revenue above estimates
Nvidia Corp., the dominant maker of artificial intelligence processors, failed to impress investors with its latest sales forecast …
OpenAI rolls out Instant Checkout to let users make single-item purchases directly in ChatGPT, starting with US Etsy sellers, and plans to add Shopify merchants
the chatbot will start letting its 700,000,000 users shop directly from their chats Jibin Joseph / PCMag : ChatGPT Now Lets You Make Purchases Without Leaving the App Nishit Singh ...
Figma's stock closes up 250% at $115.50, after Figma sold shares at $33 in its IPO, hitting a ~$68B valuation; Adobe's $20B Figma acquisition fell apart in 2023
Figma's stock more than tripled in its New York Stock Exchange debut on Thursday, a day after the design software company sold shares at $33 in its IPO.
Former Google staff and others detail why Google's effort in 2013 to build Motorola smartphones in Texas failed, as Trump pushes Apple to make iPhones in the US
Unless automation drastically improves, I doubt we will see Tim Cook manufacturing the #iPhone in #America 🇺🇸 as it requires an immense amount of skilled human labor. … X: Alexei O...
A profile of LA-based Whatnot, a livestream marketplace valued at ~$5B, which has raised $700M+ since 2019 and expects its GMV to grow ~100% YoY to $6B+ in 2025
a $5 billion livestreaming shopping app that will sell $6 billion in goods this year...from sports cards to luxury bags. The app's eclectic group of sellers have a lot to do with i...
Sources: Meta is talking to crypto firms about introducing stablecoins for managing payouts, and in January 2025 hired a VP of product with crypto experience
Three Years After Diem Rony Roy / crypto.news : Meta may be eyeing stablecoin payments for Instagram creators Samuel Edyme / Bitcoinist.com : Stripe Expands Crypto Offerings With S...
Meta reports Q1 revenue up 16% YoY to $42.3B, vs. $41.4B est., net income up 35% to $16.6B, family daily active people up 6% to 3.43B on average for March 2025
and why simply isolating Chinese advertising spend was misguided... X: Roman Helmet Guy / @romanhelmetguy : Zuckerberg explaining how Meta is creating personalized AI friends to su...
Q&A with Mark Zuckerberg on LlamaCon, Llama API, Meta's AI opportunity, social networking 2.0, Ray-Bans, Apple, the Meta AI app, tariffs, Reality Labs, and more
An interview with Meta CEO Mark Zuckerberg about Llama and the AI opportunity, the evolution of social medial, and what it means to connect.
Elon Musk is stepping back from DOGE in May, spending 1-2 days per week on government work, as tariffs, customer anger, and Chinese competition weigh on Tesla
Billionaire's foray into government coincided with increased competition from Chinese rivals — In the days following Donald …
A US judge temporarily halts mass firings at the US CFPB after the agency fired between 1,400 and 1,500 workers, eliminating as much as 90% of its workforce
again! The CFPB has returned over $21 billion to millions of Americans scammed since its founding. Any cuts to the #CFPB are to rip off working families in favor of big banks and...
Some Meta insiders fear FAIR is “dying a slow death” as Joelle Pineau exits in May; Yann LeCun says it's “a new beginning” for “Advanced Machine Intelligence”
Intel appoints former board member and chip industry veteran Lip-Bu Tan as its new CEO, effective March 18, and says he will rejoin the board; INTC jumps 10%+
Struggling U.S. chipmaker Intel (INTC.O) on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18 …
Meta reports Q4 revenue up 21% YoY to $48.4B, net income up 49% YoY to $20.8B, and family daily active people up 5% YoY to 3.35B on average for December 2024
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter and full year ended December 31, 2024.
A profile of AWS CEO Matt Garman, including his first few months on the job, what his stewardship means for the business, and his opportunities and challenges
It's true. I *can't* understand why he wouldn't take a selfie with me! — fortune.com/2024/12/19/a... Mastodon: Greg Linden / @glinden@sigmoid.social : @Techmeme It seems weird t...
David Sacks, who called OpenAI a “piranha for-profit company”, becoming AI czar comes at a delicate moment for OpenAI as it transitions to a for-profit
Sharon Goldman / Fortune :
Memo: Amazon employees find there is too much of a delay between asking the new LLM-based Alexa a question and getting a response or seeing it complete a task
Amazon CEO Andy Jassy. — Amazon's race to create an AI-based successor to its voice assistant Alexa has hit more snags …
Apple reports Q4 revenue up 6% YoY to $94.9B, and net income down 36% YoY to $14.74B, after paying a $10.2B charge as part of an income tax decision in the EU
iPhone drives record September quarter revenue Services revenue reaches new all-time high — Apple® today announced financial results …