DIRS.INFO The most relevant business & tech news

☆ Zuckerberg warned investors that Meta's AI investment will take 'several years' before it pays off. Meta's stock price tumbled.
▼ + stars: | 2024-04-24 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Meta's stock tumbled about 16% after trading hours despite posting better-than-expected Q1 results. AdvertisementDespite posting record revenue for the January-March quarter, Meta's stock is being bogged down on Wednesday by the company's increasing investments in AI. Meta's investment in AI is no different, Zuckerberg said, but the CEO cautioned that the returns for artificial intelligence will take some time. AdvertisementIn the lead up to the first-quarter results, Meta launched its latest version of its chatbot, Llama 3, which will power the company's new AI assistant, Meta AI. Zuckerberg said that the AI assistant will be integrated into many of Meta's products, including Instagram and Facebook.

Persons: Mark Zuckerberg, —, Meta, that's, Zuckerberg, we've, Insider's Hasan Chowdhury Organizations: Service, Meta, Facebook

☆ Google and Apple's rumored partnership could upend the AI industry
▼ + stars: | 2024-03-19 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at what a potential partnership between Google and Apple over AI features would mean for both companies and the wider industry. The big storyGoogle, Apple, AIRebecca Zisser/BITwo of the world's biggest tech companies are reportedly discussing a partnership that would upend the AI industry. Apple is considering integrating Google's AI model, Gemini, into the iPhone . The company has been noticeably quiet around its AI plans compared to peers like Google, Microsoft, Meta, and Amazon. So even if Apple and Google come to an agreement, they could still face some serious regulatory pushback.

Persons: —, hasn't, Rebecca Zisser, Mark Gurman, Sundar Pichai, Apple, it's, Tim Cook, Google's Gemini, Insider's Hasan Chowdhury, BI's Phil Rosen, Mike Coppola, Jerod Harris, Grzegorz Wajda, Chelsea Jia Feng, It's, OpenAI, Stephanie Cohen, Goldman Sach's, Goldman Sachs, Jenny Chang, Rodriguez, Goldman, Josh Edelson, Chip Somodevilla, TikTok, Jensen Huang, Blackwell, Alyssa Powell, elbowed, Manoj Bhargava, Steve Huffman, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Service, Google, Apple, Business, Gemini, Microsoft, Meta, Google's, Getty, Vox Media, Getty Images, Department of, Big Tech, Wall, Cloudflare, Bank of Japan, SXSW, Nvidia, Sports Illustrated, Arena Group Locations: AFP, Woodstock, Arizona , Florida , Illinois , Kansas, Ohio, New York, London

☆ Prince Harry and Meghan Markle's photographer hits back at reports claiming he doctored their pregnancy announcement picture
▼ + stars: | 2024-03-13 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRoyal photographer Misan Harriman quashed tabloid reports that he doctored Prince Harry and Meghan Markle's 2021 pregnancy announcement photo in a series of posts on X, formerly known as Twitter, on Wednesday. The reports come amid controversy surrounding a photo of Kate Middleton released by Kensington Palace on Sunday. Advertisement"They weren't actually under a willow tree, but they were lying outside in a meadow, weren't they, Harry and Meghan, when you took the photograph of them?" AdvertisementThe proliferation of AI image generators has made it difficult to distinguish between untouched photos, doctored images, and completely AI-generated creations.

Persons: —, Misan Harriman, Prince Harry, Meghan Markle's, Kate Middleton, Harriman, Harry, Meghan, Michael Berkeley, Harriman's, Kate, Princess, Wales, Insider's Hasan Chowdhury, Beatrice Nolan Organizations: Service, Business, Daily Mail, BBC Radio, Associated Press, Reuters, Agence France, Presse Locations: Kensington, California, British, @misanharriman

☆ Meta previously launched an app called Threads but it was more focused on beating Snapchat than being a Twitter killer
▼ + stars: | 2023-07-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

This is not Meta's first attempt at launching an app called Threads, though. Meta, back when it was known as Facebook, launched an app called Threads in late 2019. The new Threads app has been in development since January and already appears to be notably different from the prior app by the same name. According to Zuckerberg, Threads amassed more than 10 million users in the first seven hours. Instagram's stories, which drew heavy inspiration from a similar Snapchat feature, have since outperformed their original rival.

Persons: Mark Zuckerberg, it's, influencers, Zuckerberg, Musk, Elon, Insider's Hasan Chowdhury Organizations: Twitter, Elon, Meta, Facebook Locations: Snapchat, Instagram

☆ Elon Musk says a cage fight with Mark Zuckerberg 'might actually happen' – and admits it could go badly for him
▼ + stars: | 2023-06-25 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

Elon Musk said a cage fight with Mark Zuckerberg "might actually happen." Speaking in a Twitter space, Musk admitted the fight could go badly given his lack of experience. Speculation that Elon Musk and Mark Zuckerberg could actually get in a ring and fight each other just won't go away. Since Musk appeared to jokingly challenge the Meta CEO and amateur jiu-jitsu fighter to a cage fight last week, momentum has gathered pace. "I spend my time according to what is needed and I don't usually have to fight people," Musk said in the interview.

Persons: Elon Musk, Mark Zuckerberg, Musk, Zuck, Dana White, Zuckerberg, Ashlee Vance, Insider's Hasan Chowdhury, Cage, Zuck's, Vance Organizations: Morning, Twitter, UFC, Bloomberg Locations: Europe, Thai

☆ Elon Musk and Mark Zuckerberg were grumbling about each other behind closed doors long before talk of a potential cage fight, report says
▼ + stars: | 2023-06-23 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Before the cage match offer, Elon Musk and Mark Zuckerberg privately grumbled about each other, WSJ reported. Tensions between Elon Musk and Mark Zuckerberg appear to have been simmering for quite some time — long before the two indicated they might be ready to settle their differences in a cage match. The Tesla CEO was named as Time's Person of the Year in 2021 and has received wide recognition for running five different companies, including Tesla and SpaceX. The Meta CEO was quick to respond to Musk's taunt, telling him "Send me location." Meanwhile, a spokesperson for Meta told The Verge that Zuckerberg is serious about the offer to fight.

Persons: Elon Musk, Mark Zuckerberg, Zuckerberg, gripes, Musk, Bill Gates, Jeff Bezos, Forbes, Tesla, Dana White, Insider's Hasan Chowdhury Organizations: Morning, Elon, Street, Meta, Tesla, SpaceX, Facebook, Bloomberg, Vegas, UFC, Twitter, DraftKings

☆ Even Elon Musk's mom is warning him against fighting Mark Zuckerberg in a cage match: 'Fight with words only'
▼ + stars: | 2023-06-22 | by ( Grace Kay | ) www.businessinsider.com time to read: +3 min

Maye Musk said her son should "fight with words only" after he challenged Mark Zuckerberg to fight. Elon Musk's mother, Maye Musk, appeared to caution her son against a cage match with Mark Zuckerberg on Twitter Thursday. It's unclear whether Musk was joking about the offer to fight the Meta CEO in a cage match. Musk's offer to fight Zuckerberg comes after the Twitter owner has repeatedly criticized Zuckerberg on social media. Maye Musk's concern is not misplaced.

Persons: Maye Musk, Mark Zuckerberg, Zuckerberg, Musk, Elon Musk's, Maye, Tesla, Insider's Hasan Chowdhury, He's, Conor McGregor, hasn't, Vladimir Putin Organizations: Morning, Twitter, Vegas, UFC Locations: Russian

☆ The tightrope CEOs are walking is getting more precarious
▼ + stars: | 2023-06-15 | by ( Josée Rose | ) www.businessinsider.com time to read: +8 min

Practically, it's about so much more — and CEOs these days are being held accountable for more than profits. There's also the notion of social justice — which often sees CEOs encountering criticism when they speak up on culturally sensitive issues, or facing blowback if they stay silent. Brands like Disney, Target , Bud Lite and North Face face consequences for expressing a view, including boycotts, online protests, and threats of violence. It's OK to avoid constantly getting into the fray; instead, pick moments that enforce the company's values. When CEOs do decide to take a public stance, Eber said that their PR teams are there to help.

Persons: Insider's Hasan Chowdhury, aren't, —, There's, George Floyd, Roe, Wade, Karen Eber, Chowdhury, Eber, Richard Hytner, Bud Lite, Insider's Kelsey Vlamis, Bud, influencer Dylan Mulvaney, Heinerscheid, Bud Light's, we're, LIV Golf, Insider's Joe Ciolli, LIV, Jay Monahan, Monahan, I've Organizations: Service, Pride, Saatchi, Saatchi's, CNN, Street, Brands, Disney, Target, Anheuser, Busch InBev, PGA, LIV, Wall Street, PGA Tour Locations: It's, Europe, Middle East, Africa, Saudi, Saudi Arabia

☆ 10 Things in Tech: Apple's big metaverse push
▼ + stars: | 2023-06-05 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

This week, Apple is preparing to do what no tech firm has managed yet: make the metaverse cool. Apple is ready to enter its metaverse era, but the rest of the world might not be. Some people think it's unwise to ramp up efforts to push into the metaverse — especially at a time when the metaverse is said to be headed to the industry's graveyard of failed ideas. However, it's also unwise to bet against Apple — a company whose epic feats in tech have earned its leaders cult-like status. It's quick, stylish, and high-tech, Insider's Tim Levin writes, but it falls short in range and cargo space.

Persons: Hallam Bullock, Tim Cook, Stephen Lam, Insider's Hasan Chowdhury, Apple, it's, Patrick O'Neill, Elizabeth Holmes, Lisa Lake, Theranos, Holmes, Read, Elon, Spriha Srivastava, Gray, Kia, Tim Levin, Kia's, Jack Sommers Organizations: Apple, Developers, Bloomberg, Apple —, Starco Brands, Forbes, Getty, Nvidia, Google, Challenger, Wireless, Amazon Prime Locations: London, Theranos, China, Shanghai

☆ Elon Musk invites longtime CNN host Don Lemon to start new show on Twitter following Tucker Carlson announcement
▼ + stars: | 2023-05-11 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Don Lemon and Tucker Carlson were both ousted from their jobs at CNN and Fox News on April 24. And as Musk tried to settle political concerns, he reached out to Lemon to suggest he do the same. Elon Musk reached out to former CNN host Don Lemon to suggest he starts a new show on Twitter, days after Fox News star host Tucker Carlson announced his own plans to do so. Lemon and Carlson, longtime TV news hosts, were both abruptly fired on April 24. If Lemon did take up Musk's offer, it could provide a liberal counterbalance to Carlson's impending Twitter show.

☆ IBM chief says employees' careers could suffer and promotions may be harder to achieve if they work from home
▼ + stars: | 2023-05-05 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

IBM CEO Arvind Krishna says employees' careers could suffer if they work from home, per Bloomberg. He said some remote workers may struggle to get promoted, especially to managerial roles. Krishna has encouraged IBM workers to return to the office for three days a week, per the outlet. He added that remote workers don't learn skills normally acquired in person, such as dealing with difficult clients, Bloomberg reported. A spokesperson previously told Insider that there was no blanket hiring "pause" and the company was being deliberate and thoughtful in its hiring.

☆ Facebook's former security chief calls Elon Musk's blue check marks saga a 'historical self-own'
▼ + stars: | 2023-04-26 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Ex-Facebook exec Alex Stamos said Elon Musk's blue check saga was a "historical self-own." Last week, Musk took away blue check marks from some legacy accounts, only to return some of them. Facebook's former security chief, Alex Stamos, said Elon Musk's blue check mark saga last week was a "historical self-own." The billionaire initially agreed to give blue check marks solely to users who subscribed to Twitter Blue for $8 per month, but many celebrities and news organizations made a point of refusing to pay for the service. Stamos, who has been critical of Musk in the past, was previously Facebook's chief security officer until 2018.

☆ Elon Musk dreams of Twitter's AI power
▼ + stars: | 2023-04-13 | by ( Emilia David | ) www.businessinsider.com time to read: +4 min

Elon Musk's personal AI ambitions. Elon Musk was one of the more prominent names on an open letter calling for a pause in AI development. My teammate Asia Martin points out that Musk's position on AI is contradicted by Twitter's investment in generative AI. Twitter's recent purchase of hardware normally used to develop generative AI products shows the extent of this ambition. Read more on Elon Musk's AI ambitions.

☆ Big Tech employees are getting culled. Their European colleagues get stronger labor laws and softer landings.
▼ + stars: | 2023-04-11 | by ( Riddhi Kanetkar | Jyoti Mann | ) www.businessinsider.com time to read: +11 min

European Big Tech employees have better labor protections"There are regulations in Europe that apply to collective situations, based on European law: the so-called Mass Dismissal Directive," said Dr. Jordan. But in January, Twitter employees were reported to have been paid just one month's severance, according to CNN. Twitter employees in other European hubs such as Germany, Spain, Ireland, and the UK are also pushing back, with the help of the countries' labor laws and unions. Twitter employees in Germany have also worked with the Verdi union to push Twitter into making a better severance offer, Fortune reported. The process could take months instead of weeks, Brittin added — another testament to Europe's stronger labor protections for its employees.

☆ After gaining control of our reporter's phone, a hacker ripped her off for $10,000. She set out to find them.
▼ + stars: | 2023-04-08 | by ( Hallam Bullock | ) www.businessinsider.com time to read: +4 min

You can see pictures of the massive meatball here — but I warn you, it looks exactly how you would expect. Now, before the scientists start serving up Dinosaur DNA, let's take a look at the top tech stories this week. Once the hacker had control of Hartmans' phone, they didn't waste any time. Earlier this month, the Wall Street Journal reported that Elon Musk plans to build a town named "Snailbrook" — but he isn't the only billionaire creating their own utopia. Some of Lee's friends and colleagues, including Elon Musk, have lambasted the "violent crime in SF."

☆ Elon Musk is right: AI needs to slow down for the good of society
▼ + stars: | 2023-03-29 | by ( Emilia David | ) www.businessinsider.com time to read: +6 min

Elon Musk, Steve Wozniak, and over 1,000 others signed a letter calling for a pause on new AI models. Wozniak, Musk, and more than 1,000 other business leaders signed a letter seeking guardrails and a pause on training AI models as the technology grows more powerful. The letter argues powerful AI models like OpenAI's GPT-4 "should only be developed only once we are confident that their effects will be positive and their risks will be manageable." It's hard to develop responsibly when the free market demands moving quicklyTo be clear, AI, particularly generative AI like ChatGPT, is incredibly transformative technology. Releasing powerful AI models for the public to play with before it's ready isn't making the technology better.

☆ The unintended consequences of remote work
▼ + stars: | 2023-03-14 | by ( Paayal Zaveri | ) www.businessinsider.com time to read: +5 min

While remote work offers flexibility, it often comes at the cost of maintaining a work-life balance. Remote work has also made it possible to hire anyone anywhere, which CEOs and hiring managers are starting to realize. Tech companies are offshoring jobs, due to America's broken immigration system, and remote work is making it easier. American tech companies are offshoring jobs, but it isn't all because of remote work. He says remote work led to all of this in the first place.

☆ Apple cofounder Steve Wozniak thinks ChatGPT is 'pretty impressive,' but warned it can make 'horrible mistakes': CNBC
▼ + stars: | 2023-02-13 | by ( Felise Seah | ) www.businessinsider.com time to read: +3 min

Steve Wozniak said OpenAI's ChatGPT is "pretty impressive," during an interview with CNBC on Wednesday. "The trouble is it does good things for us, but it can make horrible mistakes by not knowing what humanness is," Wozniak warned. "The trouble is it does good things for us, but it can make horrible mistakes by not knowing what humanness is," Wozniak warned. In the interview, Wozniak also drew a parallel to the concerns surrounding AI technology in self-driving cars, and said that AI cannot currently replace human drivers. Google's new experimental AI chatbot, Bard, gave an inaccurate answer to a question about the James Webb Space Telescope.

Search resuls for: "Insider's Hasan Chowdhury"

18 mentions found