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Zuckerberg sets Meta’s AI targets for the year, expects to spend billion on growth

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth

Technology News

Meta CEO Mark Zuckerberg looks on before the luncheon on the inauguration day of U.S. President Donald Trump’s second Presidential term in Washington, U.S., Jan. 20, 2025.  Evelyn Hockstein | Reuters Meta CEO Mark Zuckerberg on Friday announced the company plans to invest around $60 to $65 billion in capital expenditure in 2025 as it continues […]

Zuckerberg sets Meta’s AI targets for the year, expects to spend $60 billion on growth Read More »

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto

Technology News

Avishek Das | Lightrocket | Getty Images After years of lobbying by the crypto industry, the U.S. Securities and Exchange Commission has rescinded an accounting rule that forced banks to treat bitcoin and other tokens as a liability on their balance sheets. The guidance was a major deterrent to Wall Street banks owning bitcoin —

SEC revokes unpopular banking rule that blocked Wall Street banks from adopting crypto Read More »

Trump crypto plans have Wall Street CEOs ready to jump into digital assets

Trump crypto plans have Wall Street CEOs ready to jump into digital assets

Technology News

A cartoon image of US President-elect Donald Trump with cryptocurrency tokens, depicted in front of the White House to mark his inauguration, displayed at a Coinhero store in Hong Kong, China, on Monday, Jan. 20, 2025. Paul Yeung | Bloomberg | Getty Images Just days into President Donald Trump’s second administration, Wall Street is singing

Trump crypto plans have Wall Street CEOs ready to jump into digital assets Read More »

Trump is searching for potential TikTok buyers — who are the likely contenders?

Trump is searching for potential TikTok buyers — who are the likely contenders?

Technology News

A 3D-printed miniature model of U.S. President-elect Donald Trump and TikTok logo are seen in this illustration taken January 19, 2025. Dado Ruvic | Reuters President Donald Trump wants a U.S. investor to take a major stake in ByteDance’s TikTok. Several parties are in contention even as potential buyers face a litany of legal hurdles

Trump is searching for potential TikTok buyers — who are the likely contenders? Read More »

Google restores Joe Biden to ‘US presidents’ search results, blames ‘data error’ for omission

Google restores Joe Biden to ‘US presidents’ search results, blames ‘data error’ for omission

Technology News

David Gray | Bloomberg | Getty Images Google on Thursday blamed a “data error” after users reported that former President Joe Biden was missing from the company’s search results. Users on Wednesday noticed that results for search queries that included “US Presidents,” “United States Presidents” and “US Presidents in order” did not include Biden, who

Google restores Joe Biden to ‘US presidents’ search results, blames ‘data error’ for omission Read More »

OpenAI introduces Operator to automate tasks like vacation planning, restaurant reservations

OpenAI introduces Operator to automate tasks like vacation planning, restaurant reservations

Technology News

OpenAI CEO Sam Altman visits “Making Money With Charles Payne” at Fox Business Network Studios in New York on Dec. 4, 2024. Mike Coppola | Getty Images OpenAI is taking its ChatGPT chatbot to the next level, adding a feature to automate tasks like planning vacations, filling out forms, making restaurant reservations and ordering groceries.

OpenAI introduces Operator to automate tasks like vacation planning, restaurant reservations Read More »

Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO

Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO

Technology News

Abnormal Security, a startup selling email security software to companies, said on Wednesday that it’s hired former ServiceNow finance executive Lisa Banks as chief financial officer as the company gears up to prepare for an IPO. Abnormal is going after a longstanding market, which includes incumbents Mimecast and Proofpoint, adding a layer of artificial intelligence

Abnormal Security hires ex-ServiceNow exec as CFO as company starts prepping for IPO Read More »

UK replaces competition watchdog’s chair with ex-Amazon boss after anti-growth criticism

UK replaces competition watchdog’s chair with ex-Amazon boss after anti-growth criticism

Technology News

Doug Gurr, Amazon’s former U.K. head, has been appointed chair of the Competition and Markets Authority. David M. Benett | Getty Images for Amazon LONDON — The British competition regulator tapped a top former Amazon executive as its new chair after facing accusations from Prime Minister Keir Starmer of stifling growth. The Competition and Markets

UK replaces competition watchdog’s chair with ex-Amazon boss after anti-growth criticism Read More »

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