Monthly Archives: February 2024

Zuckerberg wins on Wall Street after Washington hit

Posted on February 2, 2024 by Techme101

The company’s shares surge as it reports a jump in users, ad sales and profits, despite Washington concerns.

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The $400 Million FTX Heist Mystery May Have Been Solved

Posted on February 1, 2024 by Techme101

An indictment against three Americans suggests that at least some of the culprits behind the theft of an FTX crypto fortune may be in custody.

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Apple Vision Pro: Day Two

Posted on February 1, 2024 by Techme101

Last night, I fell asleep under the stars, the chirp of crickets intermingling with the old radiator’s whistle off in the distance. I just finished an episode of Justified: City Primeval on the big screen. It was a constant 68 … Continue reading →

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Mark Zuckerberg calls Apple’s DMA rules ‘so onerous’ he doubts any developer will opt in

Posted on February 1, 2024 by Techme101

Meta CEO Mark Zuckerberg has added his voice to those criticizing Apple’s compliance with the EU’s new Digital Markets Act (DMA) regulation, which forces Apple to open up its App Store and allows developers to use their own payment systems, … Continue reading →

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Amazon cloud unit speeds up revenue growth as clients adopt AI services

Posted on February 1, 2024 by Techme101

Amazon pointed to artificial intelligence traction during the fourth quarter

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Meta’s Reality Labs loses record $4.65 billion ahead of Apple’s Vision Pro launch

Posted on February 1, 2024 by Techme101

Meta’s Reality Labs has now lost more than $40 billion dating back to late 2020.

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Meta is paying first-ever dividend, authorizes $50 billion buyback

Posted on February 1, 2024 by Techme101

Meta will pay a 50 cent dividend, its first ever, and has authorized a $50 billion share buyback.

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Amazon Introduces Rufus, an AI Shopping Tool, and Reports Earnings

Posted on February 1, 2024 by Techme101

The tech giant introduced the Rufus chatbot. It has lagged behind others on introducing consumer-facing generative artificial intelligence.

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Meta Reports Profits More Than Tripled and Issues Its First Dividend

Posted on February 1, 2024 by Techme101

The company’s quarterly revenue rose 25% as its costs fell after layoffs last year.

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Threads now reaches more 130 million monthly users, says Meta, up 30M from Q3

Posted on February 1, 2024 by Techme101

Instagram Threads now has more 130 million monthly active users, Meta CEO Mark Zuckerberg announced during the company’s fourth-quarter earnings today. The text-based social networking app is one of the many new projects that have sprung up in the wake … Continue reading →

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