Microsoft’s Bing A.I. made several factual errors in last week’s launch demo
In showing off its chatbot technology last week, Microsoft's AI analyzed earnings reports and produced some incorrect numbers for Gap
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Mobile
Amazon is the latest threat to Facebook as ad targeting suffers
Brands are shifting ad budgets away from Facebook and toward Amazon now that targeting users across social networks has become
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Lyft stock is getting punished, down more than 35% after weak guidance
Lyft's CFO pointed to "seasonality and lower prices" to explain the guidance. Source link
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Twitter is telling users that they’ve reached their daily limit for posts
Twitter stopped working for many users on Wednesday, and it's unclear whether it was a bug or a product update.
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Pinterest shares plunge as much as 12% on fourth-quarter revenue miss and weak forecast
Pinterest reported revenue for the fourth quarter that missed analysts' estimates Source link
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Amazon’s advertising business grew 19%, while Google and Meta both deal with slowdowns
Although Amazon's ads business constitutes a small fraction of the $149.2 billion in revenue the company recorded in its fourth
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Meta’s ‘Year of Efficiency’ was everything Wall Street needed to hear from Zuckerberg
Meta shares rallied on Thursday after the company reported better-than-expected revenue and told investors that it's getting more efficient. Source
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Chip stocks rally on optimistic AMD earnings and Fed’s signal that inflation is easing
Chip stocks like NVIDIA, Qualcomm and Broadcom were boosted after the Federal Reserve rose the federal funds rate by 0.25
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Meta lost $13.7 billion on Reality Labs in 2022 as Zuckerberg’s metaverse bet gets pricier
In its first full year as a separate business, Meta's Reality Labs unit racked up costs, closing with a $13.7
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