[ad_1] Amazon founder Jeff Bezos saw his personal net worth increase by a whopping $12 billion on Friday morning as the e-commerce giant’s stock price soared by some 11% in pre-noon trading — the largest single-day jump so far this year. The Seattle-based company, whose stock was trading at nearly $143 per share as of 11:30 a.m. Eastern time on …
Read More »Google parent Alphabet dumps 90% of its stake in Robinhood
[ad_1] Google parent Alphabet said Friday it had slashed its stake in Robinhood Markets by nearly 90%, cutting its exposure to the trading app operator that has been grappling with a slowdown in its mainstay business. Alphabet had reportedly invested in Robinhood when the latter was an unlisted startup, and it held over 4.9 million shares in the company as of the …
Read More »Google luring workers to office with special rate at on-site hotel
[ad_1] Google hopes that offering its staffers a “summer special” at a hotel located on its Mountain View, Calif., campus will lure them back to the office. The search giant said its full-time workers can book a room at the on-site hotel for $99 per night as part of a seasonal discount, according to materials obtained by CNBC. Google, which …
Read More »I’m a fake Jersey Shore influencer — it’s not what you think
[ad_1] She’s a figment of our dystopian imag-AI-nation. An AI influencer named Vicki Verano, who says she’s from the Jersey Shore, has racked up over 57,000 followers since joining X, the platform formerly known as Twitter, in March. Everything about Verano’s reality is augmented, including her chest — which appears to have undergone digital plastic surgery. Meanwhile, it seems her …
Read More »Apple loses its $3 trillion market value as stock dips
[ad_1] Apple’s stay as the world’s only $3 trillion company was short-lived Friday — a day after the company reported its third consecutive quarter of declining sales due to weak iPhone demand. Shares of the Cupertino, Calif.-based tech colossus were down by nearly 3.5% as of 10 a.m. Eastern time on Friday — — lowering its market cap to a …
Read More »Amazon shares jump on strong Q2, sees Prime Day sales boost
[ad_1] Amazon on Thursday reported sales growth and profit ahead of Wall Street’s expectations, as the company delivered goods faster and more cheaply to shoppers and as recent cloud-computing headwinds began to subside. Amazon’s shares surged over 7%, extending its stock market value by at least $90 billion in after-hours trading. Facing an array of challenges, Amazon has aimed to keep its mantle …
Read More »Jeff Bezos’ Blue Origin is a ‘work-from-work’ company: leaked email
[ad_1] Jeff Bezos-owned Blue Origin demanded workers return to their offices five days a week, telling staffers the space exploration firm is “a work-from-work company,” according to a leaked internal memo. “As you know, Blue is a work-from-work company. We are stronger as a team when we are collaborating with our co-workers in person and close to our projects and …
Read More »Apple iPhone sales drop in Q3, Tim Cook set to spend more on AI
[ad_1] Apple forecast a sales slump would continue into the current quarter, sending shares down despite beating Wall Street sales and profit targets in the fiscal third quarter. Apple shares dropped about 2% after the mixed results and outlook. Strength in services drove the profit beat in the third quarter, but weaker than expected sales of Apple’s most famous device, the iPhone, underwhelmed …
Read More »Whoopi Goldberg doesn’t want ‘AI duplicating’ her: ‘One is enough’
[ad_1] There will never be another Whoopi Goldberg — especially one created by artificial intelligence. The 67-year-old co-host of “The View” has publicly expressed her wish to not be duplicated by technology once she dies. Her remarks came during a conversation Thursday with astrophysicist Neil deGrasse Tyson about the growing prevalence of AI. “AI can study everything instantly,” Tyson, 64, …
Read More »Elon Musk looking to build stock-trading hub inside X app: report
[ad_1] Elon Musk is reportedly laying the groundwork for an investment trading hub that would operate on the X platform – taking a step closer toward realizing his vision of turning the site once known as Twitter into a one-stop shop “everything app.” The billionaire tech mogul is asking a financial data company to build the stock trading hub inside …
Read More »