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2024-11-14
Former Bankman-Fried executive seeks leniency for building fraud detection tool
Nov 14, 2024, 4:49 AM
A former FTX executive, charged with writing computer code for his imprisoned former boss Sam Bankman-Fried, is helping the U.S. government uncover stock market fraud.
2024-11-01
This Group Refuses to Stop Tracking Disinformation
Nov 1, 2024, 12:22 PM
Though a larger coalition of fact checkers has disbanded, a team of students and researchers at the University of Washington in Seattle is still working to document how lies online threaten to undermine this year’s presidential race.
2024-10-31
Nasdaq 100 futures rise as investors parse latest tech earnings, await jobs data: Live updates
Oct 31, 2024, 6:02 PM
The three major indexes finished Thursday and October's trading month in the red.
Stock market today: Nasdaq leads sell-off after Microsoft, Meta earnings prompt Big Tech slide
Oct 31, 2024, 4:01 PM
Meta and Microsoft earnings have stirred up worries about AI and Big Tech as investors digest a Fed-favored reading on inflation.
Meta, Microsoft stocks tumble as Big Tech's AI splurge prompts investor caution
Oct 31, 2024, 1:01 PM
Meta (META) and Microsoft (MSFT) stocks tumbled Thursday as investors weighed their hefty AI expenditures against the time it will take to generate a return on their investment.
Stock market today: Nasdaq, S&P 500 sink as Meta, Microsoft revive Big Tech's AI spending worries
Oct 31, 2024, 9:31 AM
Meta and Microsoft earnings have stirred up worries about AI and Big Tech, as a Fed-favored reading on inflation looms.
Stock market today: Nasdaq, S&P 500 futures sink as Meta, Microsoft revive Big Tech's AI spending worries
Oct 31, 2024, 7:41 AM
Meta and Microsoft earnings have stirred up worries about AI and Big Tech, as a Fed-favored reading on inflation looms.
Big Tech's AI splurge worries investors about returns ahead of Amazon results
Oct 31, 2024, 5:49 AM
(Reuters) -Big technology companies including Microsoft and Meta are stepping up spending to build out AI data centers in a rush to meet vast demand, but Wall Street is hungry for a quicker payday on the billions invested. Microsoft and Meta both said on Wednesday their capital expenses were growing due to their AI investments. Amazon, which is set to report results on Thursday, is likely to echo these forecasts.
Microsoft says Google running 'shadow campaigns' as Big Tech legal feud heats up
Oct 31, 2024, 4:00 AM
A legal feud between two giants of the tech world deepened this week as Microsoft accused Google of running 'shadow campaigns' to discredit Microsoft's cloud-computing business.
2024-10-30
S&P 500 futures slip after Meta reports; traders brace for key inflation data: Live updates
Oct 30, 2024, 6:04 PM
Traders reviewed results from Microsoft and Meta Platforms, and they looked ahead to a key inflation reading due Thursday morning.
Microsoft beats on Q1 top and bottom lines on cloud strength
Oct 30, 2024, 4:05 PM
Microsoft reported better than anticipated Q1 earnings, beating estimates on the top and bottom lines.
Stock market today: Nasdaq, S&P 500 tip lower ahead of Meta, Microsoft earnings
Oct 30, 2024, 4:04 PM
Tech megacaps are in the spotlight after Alphabet's quarterly results showed its high-spending push into AI is starting to pay off.
Microsoft to announce fiscal Q1 earnings as AI revenue remains top of mind
Oct 30, 2024, 8:16 AM
Microsoft will report its first quarter earnings after the bell on Wednesday.
Why this bull market feels 'weird': Morning Brief
Oct 30, 2024, 6:00 AM
The economy is making a soft landing and the bull market is flying high as the Nasdaq hits record heights. But the mood is...off.
A 'lot rides' on Big Tech earnings amid two busy weeks for markets
Oct 30, 2024, 4:00 AM
With a slew of market-driving news set to greet investors over the next week, market strategists tell Yahoo Finance that what Big Tech earnings say about the fundamental story behind the stock market rally will matter most.
2024-10-28
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Oct 28, 2024, 1:07 PM
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.
2024-10-26
Chart of the Week: Taking a closer look at the Magnificent Seven
Oct 26, 2024, 6:00 AM
This week, all members of the "Magnificent Seven" were back in the green after Tesla's massive run Thursday. But looking closer into the year-to-date performance of the US's most valuable stocks highlights some things we've learned so far this year.
2024-10-25
Microsoft boss gets 63% pay rise despite asking for reduction
Oct 25, 2024, 12:49 PM
Satya Nadella asked for a reduction because of cyber attacks the firm suffered - but still saw his earnings increase massively.
2024-10-24
Green software: Devices could last longer and be more efficient
Oct 24, 2024, 7:07 PM
Greener software could make devices last longer and use less electricity.
CCP-linked antisemitic trolls are targeting down ballot Republicans in election influence operation: Microsoft
Oct 24, 2024, 7:37 AM
Chinese spam bots are targeting Republican lawmakers who have criticized the CCP in an effort to influence the 2024 election, according to Microsoft's latest report.
2024-10-22
AI at work: Will it contribute to employee burnout?
Oct 22, 2024, 7:09 PM
As more AI tools are rolled out, some argue they are contributing to employee burnout.
2024-10-21
Microsoft launches Copilot AI features as investors look for signs artificial intelligence is paying off
Oct 21, 2024, 5:30 AM
Microsoft is rolling out its autonomous agents for its AI Copilot platform.
2024-10-18
What’s at Stake in a Strained Microsoft-OpenAI Partnership
Oct 18, 2024, 8:33 AM
The alliance between the technology giant and the company behind OpenAI has been hugely consequential — but a disruption could shake up the A.I. race.
2024-10-17
Microsoft and OpenAI’s Close Partnership Shows Signs of Fraying
Oct 17, 2024, 8:56 PM
The “best bromance in tech” has had a reality check as OpenAI has tried to change its deal with Microsoft and the software maker has tried to hedge its bet on the start-up.
2024-10-11
Laffer Tengler CEO and CIO Nancy Tengler discusses investment opportunities and more on ‘Making Money.'
2024-10-04
Bayesian sinking: Mike Lynch drowned but daughter's death probed
Oct 4, 2024, 5:25 AM
The inquests into the British tech tycoon, his 18-year-old daughter and two other victims of the yacht sinking have opened.
2024-10-03
BMO Capital Markets chief investment strategist Brian Belski explains why today's Magnificent Seven stocks are similar to the big consumer staple stocks of the mid-90s on 'Making Money.'
OpenAI Raises $6.6 Billion in Funds at $157 Billion Value
Oct 2, 2024, 6:03 PM
(Bloomberg) -- OpenAI has completed a deal to raise $6.6 billion in new funding, giving the artificial intelligence company a $157 billion valuation and bolstering its efforts to build the world’s leading generative AI technology. Most Read from BloombergThe Corner Store ComebackA Housing Crisis Brews in Rwanda’s Capital CityGang Violence Is Moving to the Amazon’s Fast-Growing CitiesA 7,000-Year-Old City Emerges as a Haven from Dubai’s Sky-High RentsNew Rowhouses in London That Offer a Bridge to
2024-10-02
Microsoft wants to change the way you use your PC. It needs to succeed.
Oct 2, 2024, 3:42 PM
Microsoft is changing the way you interact with your computer. But its efforts face serious competition from some old rivals.
OpenAI value surges to $157bn in funding deal
Oct 2, 2024, 4:43 PM
The deal makes the ChatGPT-maker one of the most valuable start-ups in the world.
2024-10-01
Microsoft: 'ever present' personal AI assistants are coming
Oct 1, 2024, 9:59 AM
The tech giant says we are moving to a "fundamentally new age" of "persistent" AI tools.
2024-09-27
OpenAI Is Growing Fast and Burning Through Piles of Money
Sep 27, 2024, 4:53 PM
As the company looks for more outside investors, documents reviewed by The New York Times show consumer fascination with ChatGPT and a serious need for more cash.
Microsoft to re-launch ‘privacy nightmare’ AI screenshot tool
Sep 27, 2024, 12:59 PM
It says it has listened to concerns about the tool, which continuously screenshots online activity.
2024-09-26
OpenAI CFO tells investors funding round should close by next week despite executive departures
Sep 26, 2024, 11:28 PM
OpenAI CFO Sarah Friar is looking to reassure its investors that the company is still in a strong position after losing top talent this week.
Mira Murati, OpenAI’s technology chief, becomes the latest exec to leave the company
Sep 25, 2024, 4:48 PM
OpenAI Chief Technology Officer Mira Murati — who has been instrumental in the development of ChatGPT and the artificial intelligence image generator Dall-E — said Wednesday she is leaving the company.
2024-09-25
Mira Murati, Chief Technology Officer at OpenAI, to Leave Company
Sep 25, 2024, 4:46 PM
One of OpenAI’s highest-profile executives, she’s among a series of longtime managers and researchers to leave the start-up in recent months.
OpenAI to remove non-profit control and give Sam Altman equity, sources say
Sep 25, 2024, 4:30 PM
ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make the company more attractive to investors. The move could also have implications for how the company manages AI risks in a new governance structure. Chief executive Sam Altman will also receive equity for the first time in the for-profit company, which could be worth $150 billion after the restructuring as it also tries to remove the cap on returns for investors, sources added.
Constellation Research founder R 'Ray' Wang discusses the effectiveness Microsoft Azure on 'Varney & Co.'
2024-09-23
Stock market today: Dow, S&P 500 eke out record closes as stocks extend September rally
Sep 23, 2024, 4:01 PM
The focus is on Fed speakers and a key inflation reading for insight into whether another big rate cut is coming.
Microsoft stock receives rare downgrade as analyst says it's 'beholden' to Nvidia
Sep 23, 2024, 2:25 PM
Microsoft's AI lead is diminishing, and it is too reliant on Nvidia, say D.A Davidson analysts.
Will A.I. Be a Bust? A Wall Street Skeptic Rings the Alarm.
Sep 23, 2024, 11:10 AM
Jim Covello, Goldman Sachs’s head of stock research, warned that building too much of what the world doesn’t need “typically ends badly.”
2024-09-20
Microsoft deal would reopen Pennsylvania nuclear plant, site of 1979 partial meltdown, to power AI
Sep 20, 2024, 9:20 AM
Three Mile Island's Unit 1 reactor is set to be reopened for use following a new deal between Microsoft and Baltimore-based Constellation Energy Corporation.
2024-09-19
Stock market today: Dow surges 500 points as Fed-fueled stocks set sights on records
Sep 19, 2024, 9:56 AM
Wall Street has absorbed the Fed's message that a deep cut will prove positive for the economy.
2024-09-18
Stock market today: US futures in holding pattern in wait for Fed decision
Sep 18, 2024, 6:32 AM
Investors are waiting to find out how aggressive the Fed will be when it makes its first interest-rate cut since 2020.
Stock market today: US futures in holding pattern in wait for Fed decision
Sep 18, 2024, 6:32 AM
Investors are waiting to find out how aggressive the Fed will be when it makes its first interest-rate cut since 2020.
Stock market today: US futures in holding pattern in wait for landmark Fed decision
Sep 18, 2024, 6:32 AM
Investors are waiting to find out how aggressive the Fed will be when it makes its first interest-rate cut since 2020.
2024-09-17
Stock market today: S&P, Dow mostly flat as world awaits Fed decision
Sep 17, 2024, 3:15 PM
Investors are looking to retail sales data for clues to consumer health, the last piece of data that could factor into the Fed's rate decision.
Stock market today: S&P nears all-time high stocks rise ahead of Fed decision
Sep 17, 2024, 11:10 AM
Investors are looking to retail sales data for clues to consumer health, the last piece of data that could factor into the Fed's rate decision.
Stock market today: Dow poised to build on record as stocks rise ahead of Fed decision
Sep 17, 2024, 9:31 AM
Investors are looking to retail sales data for clues to consumer health, the last piece of data that could factor into the Fed's rate decision.
Stock market today: Dow poised to build on record as US futures rise ahead of Fed
Sep 17, 2024, 7:00 AM
Investors are looking to retail sales data for clues to consumer health, the last piece of data that could factor into the Fed's rate decision.
Stock futures rise as Wall Street awaits retail sales data, Fed policy meeting: Live updates
Sep 16, 2024, 6:01 PM
The Dow Jones Industrial Average closed at a record on Monday.
Microsoft bringing more AI technology to its productivity software as it works to monetize investments
Sep 16, 2024, 3:26 PM
Microsoft is bringing more AI power to its productivity apps as it seeks to monetize its vast investments in the technology.
2024-09-16
Nasdaq slides as countdown to Fed kicks off
Sep 16, 2024, 9:33 AM
Investors are bracing for a crucial week dominated by the Fed's first interest rate cut in four years.
2024-09-12
OpenAI Unveils o1 ChatGPT Model That Can Reason Through Math and Science
Sep 12, 2024, 1:05 PM
Driven by new technology called OpenAI o1, the chatbot can test various strategies and try to identify mistakes as it tackles complex tasks.
Microsoft lays off more gaming staff in new cuts
Sep 12, 2024, 10:00 AM
The Xbox owner announces 650 jobs will go after cutting almost 2,000 earlier this year.
2024-09-09
Here's the 'magical' moment Goldman Sachs sees for tech stocks
Sep 9, 2024, 8:11 PM
Bring on lower interest rates and a faster pace of innovation, says one of Goldman's top tech analysts.
2024-09-04
Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off
Sep 4, 2024, 3:42 PM
Microsoft's gen AI prospects are impressive, but the stock has more to offer investors than just the new tech.
2024-09-01
Help! I’m ‘Older’ and on the Job Hunt.
Sep 1, 2024, 12:01 AM
Wrestling with age and a case of idea theft.
2024-08-30
How I Improved My Tainted Reputation With Chatbots
Aug 30, 2024, 11:28 AM
When I set out to improve my tainted reputation with chatbots, I discovered a new world of A.I. manipulation.
2024-08-29
Telegram Founder Pavel Durov’s Indictment Thrusts Encryption Into the Spotlight
Aug 29, 2024, 3:40 PM
The criminal charges against Pavel Durov, Telegram’s founder, raised concerns in Silicon Valley about encryption and the app’s approach to privacy and security.
2024-08-28
OpenAI Eyes $100 Billion Valuation
Aug 28, 2024, 8:08 PM
While some young A.I. companies have struggled to compete with the tech industry’s giants, OpenAI has been rapidly expanding.
Microsoft sees signs its AI investments are paying off
Aug 28, 2024, 5:02 AM
Microsoft says a growing number of its customers are signing up for its generative AI services.
2024-08-26
Some tech giants see California AI bill as threat to innovation
Aug 26, 2024, 5:42 PM
A controversial AI regulation bill is sparking a fierce debate in Silicon Valley. California legislatures will vote on SB 1047 this week. If passed, it would broadly regulate how AI is deployed and developed.