Search the Newsreel

AI firm Manus to resume 'independent' operations after China blocks Meta deal

China has been cracking down on a practice known as "Singapore-washing," which is when companies leave the country to take advantage of looser regulations and funding opportunities (GREG BAKER) AI startup Manus said Tuesday it would resume "operating as an independent company," months after …

Manus returns to independence after China blocks Meta acquisition

Manus announced Tuesday that it will resume operating as an independent company, as it works to comply with Beijing's order to reverse Meta's $2 billion acquisition of the startup. Manus is an AI agent startup that originated in China in 2022 and later moved …

Meta Faces Thousands of Social Media Addiction Lawsuits

This article first appeared on GuruFocus. Meta Platforms Inc. (META, Financials), the parent of Facebook and Instagram, suffered another legal setback after a U.S. appeals court allowed thousands of lawsuits over alleged social media addiction to move forward. Warning! GuruFocus has detected 2 Warning …

How Nvidia’s Huang and Meta’s Zuckerberg Are Combating the AI Backlash

Intel increases stock offering to $20 billion, SpaceX stock rises after first lockup ends, Archer Aviation to absorb Boeing’s air taxi business, and more news to start your day. Continue Reading

Meta announces $1B fund for communities near its data centers

Yahoo Finance Tech Editor Dan Howley analyzes Meta (META) CEO Mark Zuckerberg's vision for open-source "personal superintelligence," his criticism of rival AI labs, and Meta's $1 billion initiative to support communities hosting its data centers. Video Transcript 00:00 Speaker A Zuckerberg in this kind …

AMD Brings Meta's New AI Model to PCs

This article first appeared on GuruFocus. Advanced Micro Devices Inc. (AMD, Financials), the chipmaker competing with Nvidia in AI computing, is bringing Meta's new Muse Glimmer 30B model directly to supported PCs and workstations. Warning! GuruFocus has detected 4 Warning Signs with AMD. Is …

Meta Stock Rises as $1 Billion AI Strategy Unfolds

This article first appeared on GuruFocus. Meta Platforms (NASDAQ:META), the social-media and AI powerhouse behind Facebook and Instagram, unveiled its next big AI swing Monday, and the strategy is becoming hard to miss: Zuckerberg wants Meta's models everywhere. Shares gained approximately 0.9% in regular …

Meta Platforms Inc (META) หุ้น เคลื่อนไหว ขึ้น 6.22% เมื่อวันที่ 3 ส.ค.: ข้อมูลสำคัญที่นักลงทุนควรรู้