Meta’s new dividend adds $200B in value; Zuckerberg nets $29B in 1 day
Facebook parent Meta is recording the biggest one-day jump in market value for a U.S. company after the tech giant announced it will pay its first quarterly dividend.
Microsoft's AI engine powering H&R Block's tax filing assistance product
Microsoft and H&R Block partnered to develop the accounting firm's AI Tax Assist tool, which leverages generative AI to help do-it-yourself tax filers prepare their returns.
Meta warns investors Mark Zuckerberg's MMA fighting could impact business
Meta warned investors in its annual report filed with the SEC that CEO Mark Zuckerberg's participation in combat sports could impact the company if he is injured.
Snap to cut 10% of global workforce
Snap announced that it is cutting some global positions, making it the latest in a growing list of major technology companies to announce layoffs in 2024.
Apple sees 'great opportunity' for Vision Pro headset for businesses
CEO Tim Cook and CFO Luca Maestri both expressed optimism about the Vision Pro headset and how businesses can use it the day before the device’s launch.
Samsung chief Jay Y. Lee found not guilty in 2015 merger case
Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a court in South Korea in a case about a 2015 merger.
Tesla employee booked after allegedly making threats against Elon Musk, Joe Biden: ‘Planning to kill’
Tesla employee Justin Mathew McCauley was charged with third-degree felony terroristic threat after he allegedly threatened to kill Elon Musk and President Joe Biden.
Health experts raise concerns over AI apps claiming to be pocket nutrition assistants
Dietitian-nutritionist Alexandra Kaplan discussed the implications A.I. could have in the nutrition industry if the technology secures a solid role in helping people stay healthy.
Mother whose son died from drugs bought on social media wants stronger protections for kids
Lisa Neville calls for social media companies to do more to protect kids online after losing her son to fentanyl poisoning due to pills bought from dealer on Snapchat.
Apple's augmented reality Vision Pro headset officially arrived
Apple's latest device - the Vision Pro augmented reality headset - has officially launched on Friday in stores and online. The tech giant fielded pre-orders for two weeks.
Amazon launches AI-powered shopping assistant Rufus
Amazon launched its new Rufus AI-powered shopping assistant on Thursday to a select group of beta users ahead of a broader rollout to all U.S. users in the coming weeks.
Apple quarterly profit, revenue top Wall Street targets but China lags
Apple released its first quarter financial results on Thursday, saying it generated $119.6 billion in revenue and $33.92 billion in net income.
Identity and access management company Okta to slash 400 jobs
Okta on Thursday announced plans to cut its headcount by approximately 400 workers. That equates to about 7% of its workforce, according to the identity company.
Google parent Alphabet sees AI investment providing long-term opportunities
For Google parent Alphabet and its investors, the race to dominate artificial intelligence is a balancing act of spending against a potential payoff and an uncertain timetable.
TikTok CEO grilled on Chinese Communist Party influence, searches of Taylor Swift vs. Tiananmen Square
Sens. Ted Cruz, R-Texas, and Tom Cotton, R-Ark., grilled TikTok CEO Shou Zi Chew on how the Chinese app is "poisoning the minds" of American youths at a Senate hearing.
EBay to pay $59M to settle US charges over illegal pill presses
The Justice Department said criminals can use pill presses and encapsulating machines to illegally manufacture counterfeit pills, including fentanyl-laced pills.
X CEO Linda Yaccarino to outline platform’s measures against child sex abuse at Senate hearing
X CEO Linda Yaccarino will testify with several leaders of other social media platforms before a Senate panel as lawmakers and industry crack down on child sexual exploitation.
Nevada files lawsuit against Facebook, Instagram, Messenger, Snapchat and TikTok: 'Hazard to public health'
Nevada Attorney General Aaron Ford filed civil lawsuits Tuesday against the parent company of Snapchat and Meta-owned Facebook, Instagram, Messenger.
GM to cut spending on robotaxi unit Cruise in half
General Motors is halving spending on its driverless robotaxi unit Cruise amid investigations into the unit after an October accident involving a pedestrian.
Will generative AI pay off for businesses in 2024?
Integrating generative artificial intelligence tools is not delivering the return on investment some businesses expect, and one expert says 2024 will be the year owners demand results.



















