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Matthew Prince is suing his Park City neighbors over their Bernese Mountain dogs. They say it's retaliation for opposing Prince's plans to build his dream home. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMatthew Prince, the billionaire cofounder of cybersecurity company Cloudflare, is waging a legal battle with his neighbors over their Bernese Mountain dogs, Sasha and Mocha. But his neighbors, Eric Hermann and Susan Fredstom-Hermann, say the suit is actually retaliation for opposing Prince's plans to build his dream home in the ritzy ski town, The Wall Street Journal reports.
Persons: Matthew Prince, Prince, , Eric Hermann, Susan Fredstom, Hermann Organizations: City, City Hall, Service, Street, Business Locations: Mocha
And the initial signs are quite positive here too," Zuckerberg told investors in an earnings call. AdvertisementElon Musk had even stronger words for investors on Tuesday after Tesla reported plunging profits. Even so, Musk insisted during an earnings call that Tesla is an AI company and had a specific message to any shareholder who thinks that Tesla won't develop self-driving someday. On Thursday, Microsoft and Alphabet reported profits, which they ascribed in part to their respective AI sectors. Google's parent company reported $23.7 billion in profits for the same period.
Persons: , Apple, Demis Hassabis, Sam Altman, Mark Zuckerberg, Zuckerberg, we've, Elon Musk, Tesla, Musk, Matthew Prince, Sundar Pichai, Pichai Organizations: Service, Meta, OpenAI's, EV, Economic, Reuters, Nvidia, Microsoft Locations: Davos
Cohen, 46, will join Cloudflare, a San Francisco-based technology company aimed at helping businesses improve their internet security and performance. It will be a familiar role, as she served as Goldman's strategy chief from 2018 to 2020. Having spent 20 years inking deals within Goldman Sachs' investment banking unit, Cohen is no stranger to the boardroom. "But the reality is, Goldman Sachs is not a technology firm," Cohen said. When she broke the news to Argenti, he told her, 'This is exactly what you should do… this is exactly the right company," Cohen recalled.
Persons: Stephanie Cohen, Cohen, " Cohen, David Solomon, Goldman, Beth Hammack, Cloudflare, Solomon, John Waldron, Matthew Prince, Michelle Zatlyn, Goldman Sachs, it'll, Lloyd Blankfein, Brendan McDermid, Reuters Cohen, they're, I, Stephanie, Prince, she'll, Marco Argenti Organizations: Business, Cloudflare, IBM, University of Illinois, Goldman, Reuters, Financial Times Locations: San Francisco, Utah, Urbana, Champaign
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCloudflare CEO Matthew Prince talks AI firewall and election cybersecurityMatthew Prince, Cloudflare CEO, joins 'Closing Bell Overtime' to talk Meta crashing this week, its new AI firewall, multicloud networking and more.
Persons: Matthew Prince
Cramer's Lightning Round: Cloudflare is a buy
  + stars: | 2024-02-26 | by ( Julie Coleman | ) www.cnbc.com   time to read: +1 min
Stock Chart Icon Stock chart icon Public Storage's year-to-date stock performance. Stock Chart Icon Stock chart icon Vistra's year-to-date stock performance. Stock Chart Icon Stock chart icon HubSpot's year-to-date stock performance. Stock Chart Icon Stock chart icon Cloudflare's year-to-date stock performance. You must hold on to Cloudflare, and if it gets hit, you buy more [buy, buy, buy!]."
Persons: Let's, Cloudlfare, Matthew Prince, Carvana, Ernie Garcia, Jim Cramer's Organizations: AMN Healthcare Services, AMN Healthcare Locations: Cloudflare
The company's net loss of $27.9 million, or 8 cents per share, narrowed from $45.9 million in the year-ago quarter. On a conference call with analysts, Prince mentioned business from the U.S. Commerce Department. Analysts surveyed by LSEG had expected 12 cents per share in adjusted earnings and revenue of $372.3 million. The company sees 58 cents to 59 cents in adjusted earnings per share and revenue from $1.648 billion to $1.652 billion. Analysts polled by LSEG were looking for 56 cents in adjusted earnings per share and $1.652 billion in revenue.
Persons: Matthew Prince, David Paul Morris, Cloudflare's, Cloudflare, Prince, Mark Anderson, Marc Boroditsky, Michelle Zatlyn wouldn't, LSEG Organizations: Cloudflare Inc, Bloomberg, Getty, LSEG, U.S . Commerce Department, Clearlake Capital, Insight Partners Locations: San Francisco , California, Israel
New York CNN —Office work has become a far less rigid affair in the era of remote collaboration and hybrid schedules. (Just ask me, I’m writing this in bed while wearing a hoodie and yoga pants on a Monday afternoon.) But a lot of companies haven’t updated their scripts when it comes to delivering hard news to their employees. And in both cases, the fired employees funneled their anger toward a social media audience that would have their backs. “The comments were right — it was scripted … I just basically read it, it wasn’t sincere,” she says in her second apology video.
Persons: CNN Business ’, , that’s, Kyte Baby, , James Haggerty, Eva Rothenberg, ” Kyte, Ying Liu, Liu, , “ I’ve, Matthew Prince, ” Prince, “ There’s Organizations: CNN Business, New York CNN, Corporate, Times Locations: New York, America
Read previewA corporate employee is going viral online after she recorded and posted to TikTok a video of herself which appears to show her losing her job. Brittany Pietsch, who goes by the handle @brittanypeachhh on TikTok, posted the video on Thursday in which she seemed to be in a call with HR executives at Cloudflare, a cloud-based security firm. One person on Reddit even commented that she displays good sales skills in the video: "I've seen people saying this may negatively affect her career. Exposing a company online is a 'double-edged sword'Pietch's reaction to have her role terminated and uploading the recording online reflects how younger generations have higher demands and greater expectations for honesty at work. AdvertisementDaniel Space, an HR expert who has worked in the tech industry, shared similar views in a TikTok video , where he said companies may withhold severance pay as a result.
Persons: , Brittany Pietsch, Pietsch, you've, we've, I've, he's, that's, Matthew Prince, Erica Rivera, I'd, Ben Voyer, Voyer, Daniel Organizations: Service, Business, LinkedIn, Google, Gen Locations: Brittany
"During the pandemic, I realized how I was taking IRL experiences for granted and working remotely, spending less time with friends, I just felt extremely isolated," Loar said. "It was really centered around helping you and your friends make IRL plans to build stronger relationships." Now, Whatever's team is pivoting its focus to couples and how best to use technology to help couples plan dates and spend meaningful time together. "Couples will be able to bookmark plans from the discovery feed and turn them directly into date plans," Loar added. Whatever is focusing on helping couples plan dates.
Persons: Mallory, Loar, Vivek Murthy, Kevin Wilson, Zack Zapasnik, Stanislav Vishnevskiy, Matthew Prince, it's Organizations: Twitch, Facebook
Cloudflare CEO Matthew Prince goes one-on-one with Jim CramerCloudflare CEO Matthew Prince, joins 'Mad Money' host Jim Cramer to talk the company's latest moves in the AI space, partnering with Nvidia and more.
Persons: Matthew Prince, Jim Cramer Organizations: Nvidia
Elon Musk has loaded up on Nvidia GPUs for X, xAI, and Tesla. Meanwhile, Chinese tech titans are reportedly scrambling to buy $5 billion worth of the chips. But there are signs emerging that there may not be enough of Nvidia's chips to go around, with multiple top executives warning that demand is massively outpacing supply. Soaring demandThe massive increase in interest in artificial intelligence has been a key factor driving demand for Nvidia's semiconductors. Perhaps the strongest sign that demand for Nvidia's chips is soaring came in May, when it released stellar second-quarter revenue forecasts that smashed Wall Street's expectations by 50%.
Persons: Elon Musk, Biden, Tesla, Adam Selipsky, Matthew Prince, there's, Barron's Organizations: Nvidia, titans, Service, Soaring, New, Research, Financial Times, Elon, Twitter, Web Locations: Wall, Silicon
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailA.I. is a trend that will stick with us for quite some time, says CloudFlare CEO Matthew PrinceMatthew Prince, CloudFlare CEO, joins 'Closing Bell Overtime' to talk Q2 earnings, the A.I. boom and more.
Persons: Matthew Prince Matthew Prince
Meta Platforms made headlines last week with the launch of Threads , a text-based social media app challenging Twitter and pitting two heavyweight technology leaders against one another. "It's a land grab right now, right now, it's PR," said Paul Meeks, portfolio manager at Independent Solutions Wealth Management. Evercore ISI's Mark Mahaney wrote in a recent note that Threads "poses very little downside" risk to Meta's business, offering "upside optionality" for revenues and profits. Headwinds to Twitter Morfe broadly, Threads may rattle the social media industry and, over the long haul, snatch up some competitor's cherished advertisers. To be sure, Elevation Partners co-founder Roger McNamee said Meta and Threads face a long, uphill climb.
Persons: Mark Zuckerberg, Meta, Meta hasn't, Adam Mosseri, it's, Paul Meeks, Meeks, Evercore, Mark Mahaney, Gene Munster, Mark Douglas, MNTN, CNBC's, Matthew Prince, Musk's, Alex Spiro, Roger McNamee Organizations: European Union, Twitter, PR, Independent Solutions Wealth Management, Meta, Facebook, Elon, Partners
July 10 (Reuters) - Meta Platforms' (META.O) Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone. The app's sprint to 100 million users was much speedier than that of OpenAI-owned ChatGPT, which became the fastest-growing consumer application in history in January about two months after its launch, according to a UBS study. Mastodon has about 7.7 million total users, although fewer than 2 million of them actively use the service, according to daily user counts it provides. [1/2]Meta Threads app logo is seen in this illustration taken, July 6, 2023. Currently, there are no ads on the Threads app and Zuckerberg said the company would only think about monetization once there was a clear path to 1 billion users.
Persons: Mark Zuckerberg, dethroning ChatGPT, Zuckerberg, Matthew Prince, Dado Ruvic, Jack Dorsey, Musk, Adam Mosseri, Meta, Katie Paul, Akash Sriram, Zaheer Kachwala, Sriraj Kalluvila, Rashmi Aich, Nick Zieminski Organizations: Elon Musk, UBS, Twitter, REUTERS, Meta, Thomson Locations: New York, Bengaluru
[1/2] Meta Threads app logo is seen in this illustration taken, July 6, 2023. REUTERS/Dado Ruvic/IllustrationJuly 10 (Reuters) - Meta Platforms' (META.O) Twitter rival Threads crossed 100 million sign-ups within five days of launch, CEO Mark Zuckerberg said on Monday, dethroning ChatGPT as the fastest-growing online platform to hit the milestone. "That's mostly organic demand, and we haven't even turned on many promotions yet," Zuckerberg said in a Threads post announcing the milestone. The app's sprint to 100 million users was much speedier than that of OpenAI-owned ChatGPT, which became the fastest-growing consumer application in history in January about two months after its launch, according to a UBS study. Currently, there are no ads on the Threads app and Zuckerberg said the company would only think about monetization once there was a clear path to 1 billion users.
Persons: Dado Ruvic, Mark Zuckerberg, dethroning ChatGPT, Zuckerberg, Matthew Prince, Musk, Adam Mosseri, Meta, Katie Paul, Akash Sriram, Zaheer Kachwala, Sriraj Kalluvila, Rashmi Aich, Nick Zieminski Organizations: REUTERS, Elon Musk, UBS, Twitter, Meta, Thomson Locations: New York, Bengaluru
This chart should worry Elon Musk
  + stars: | 2023-07-10 | by ( Sindhu Sundar | ) www.businessinsider.com   time to read: +3 min
Twitter's traffic rank has been declining since January, according to a graph by Cloudflare's CEO. Elon Musk's takeover of the social media app has led to whiplash for users experiencing its changes. Meta's new competing Threads app reached 100 million users within days of launching. Predictions about Twitter's waning appeal have been a recurring theme of discourse around the app since Elon Musk took over last fall. Now, not only has Twitter threatened legal action against Meta over Threads, Musk has also tweeted the idea of a "literal dick measuring contest" against Zuckerberg.
Persons: Elon, whiplash, Elon Musk, Cloudflare's, Matthew Prince –, , Prince, Twitter, Cloudflare, David Belson, Mark Zuckerberg, Zuckerberg, Musk Organizations: Elon Musk's, Elon, Twitter Locations: .
The results underscore the risk Meta poses to Twitter’s business and raise questions about how, or if, Twitter can stem its losses. Twitter traffic had already been trending downward for months, according to data from the internet infrastructure company Cloudflare and the web analytics firm Similarweb. “Twitter traffic tanking,” Prince said as he posted the chart. A Twitter rival but not quite a Twitter replacementFueling Threads’ rapid growth has been Meta’s use of Instagram as a springboard to sign up new users, along with what many Threads users have identified as a dissatisfaction with Twitter. But after a Threads user pointed out that the new app was not featured in Twitter’s trending topics tab, Zuckerberg replied “Concerning” with a crying-laughter emoji.
Persons: Mark Zuckerberg, Elon Musk, Zuckerberg, Twitter didn’t, Cloudflare, Matthew Prince, ” Prince, Similarweb, , David Carr, We’ve, Alex Stamos, , Stamos, ” Stamos, Kim Kardashian, Jeff Bezos, Axios, Adam Mosseri, Mosseri, Musk Organizations: Washington CNN, Twitter, Meta, Elon, CNN, , Stanford Internet Observatory, Facebook
In this photo illustration, the Threads logo by META is displayed on a smartphone with Twitter logo in the background. User traffic on Twitter has slowed since the launch of Meta 's text-based platform Threads, which has already surpassed 100 million sign-ups since its debut last week. "Threads reached 100 million sign ups over the weekend. The company said Twitter's web traffic is down 11% compared with the same days in 2022. Threads reached the 100 million milestone even faster than OpenAI's generative chatbot ChatGPT, which surpassed 100 million monthly users in two months.
Persons: Adam Mosseri, Mark Zuckerberg, Twitter, Matthew Prince, Similarweb, Mosseri, Elon Musk, Alex Spiro, Zuckerberg Organizations: Meta, Twitter Locations: U.S, Europe
When asked how the Fed plans for the worst case scenarios on the geopolitical front, he first responded in Fedspeak. At every Fed policy meeting, he said, “our staff works up six or seven or eight alternative simulations,” he said. The market impact: The policy scenarios considered by the Fed are quite sensitive. That’s likely why when Powell was asked about the scenarios the Fed had most recently considered, he stayed mum. They’re posting elaborate TikToks where they pretend that the McDonald’s Grimace shake has killed them, of course.
Persons: Jerome Powell, Powell didn’t, , they’re, Joe Brusuelas, Stacey Tevlin, Ben Bernanke, Philippa Dunne, , Danielle DiMartino Booth, That’s, Powell, “ I’m, Joe Biden, Biden, “ Bidenomics, Elisabeth Buchwald, Bryan Mena, Read, McDonald’s, Scottie Andrew, Grimace’s, Ronald McDonald, Andrews, it’s, Matthew Prince, “ It’s Organizations: New, New York CNN — Federal, European Central Bank, Federal, RSM, , Fed, Bloomberg, TLR, QI Research, Federal Reserve, Chapman University, CNN Locations: New York, Portugal, Fedspeak, China, Chicago, America, California,
Since the debut of the Grimace shake earlier this month, TikTok users have been excitedly ordering the shake, released in honor of McDonald’s character Grimace’s “birthday,” and then pretending to die on camera after consuming the purple beverage. They often dump the shake over their convulsing bodies, apparently signaling that Grimace, that bumbling bestie of Ronald McDonald, killed them. The Grimace shake, though, has become more infamous than beloved. In a typical “Grimace Shake” TikTok, an enthusiastic young person, Grimace shake in hand, will wish the big purple mascot a happy birthday before taking their first sip. When reached for comment, McDonald’s referred CNN to a tweet from Grimace: “meee pretending i don’t see the grimace shake trendd,” along with a photo of the purple one himself, eyebrows raised.
Persons: McDonald’s, Grimace’s, , Ronald McDonald, Matthew Prince, “ It’s, it’s, Grimace, J Balvin, Travis Scott, they’ve, Grimace wasn’t, execs, Ronald McDonald’s, Hamburglar, Bell’s, grimace, Organizations: CNN, Chapman University, buzzy, Wine, Wednesday Locations: California,
The Google parent has advised employees not to enter its confidential materials into AI chatbots, the people said and the company confirmed, citing long-standing policy on safeguarding information. Alphabet also alerted its engineers to avoid direct use of computer code that chatbots can generate, some of the people said. A growing number of businesses around the world have set up guardrails on AI chatbots, among them Samsung (005930.KS), Amazon.com (AMZN.O) and Deutsche Bank (DBKGn.DE), the companies told Reuters. By February, Google told staff testing Bard before its launch not to give it internal information, Insider reported. A Google privacy notice updated on June 1 also states: "Don’t include confidential or sensitive information in your Bard conversations."
Persons: Bard, ChatGPT, OpenAI, Harry Potter, Yusuf Mehdi, Mehdi, Bing, Matthew Prince, Jeffrey Dastin, Anna Tong, Kenneth Li, Nick Zieminski Organizations: FRANCISCO, Reuters, Google, ChatGPT, Microsoft Corp, Samsung, Deutsche Bank, Apple, Data Protection, Politico, EU, cyberattacks, Microsoft, Thomson Locations: Bard, San Francisco
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCloudflare CEO Matthew Prince: Congress should watch A.I. carefully but move slowly on regulationCloudflare CEO Matthew Prince joins 'Closing Bell Overtime' to discuss the future of A.I. tools, A.I. data security, government regulation on the tech, and more.
SVB Collapse Puts Pressure on Enterprise-Tech Pipeline
  + stars: | 2023-03-15 | by ( Angus Loten | ) www.wsj.com   time to read: 1 min
Cloudflare CEO Matthew Prince spoke at The Wall Street Journal CIO Network Summit on Tuesday in Palo Alto, Calif. The abrupt collapse of Silicon Valley Bank is expected to put a damper on innovation in the enterprise-technology market—at least in the short term—with emerging software startups facing new fundraising challenges and higher-priced loans, corporate technology chiefs, investors and industry analysts say. Beyond added financial pressures, they say, enterprise-tech developers—which make business software tools for companies—will also have to adjust to the sudden loss of the bank as a networking hub at the center of the startup ecosystem, which has helped foster the growth of countless go-to enterprise software products and services.
Cloudflare's CEO called the "tenor of optimism" for the economy at the World Economic Forum "bizarre." Matthew Prince told Insider a prolonged downturn is likely, in an interview at Davos. Of the 22 chief economists surveyed by the WEF, around two-thirds think a global recession is likely this year, and 18% think it is "extremely likely." Some respondents to the WEC's economic outlook survey think some of these issues could become less threatening throughout the year. Two-thirds of survey respondents think the cost-of-living crisis could be less severe at the end of the year, while close to the same amount of survey respondents think the energy crisis in Europe will also improve by 2023's end.
Cloudflare CEO Matthew Prince said his company is prepared for an upcoming recession. According to Prince, who spoke to Insider at the World Economic Forum, economic downturns can have a silver lining. See 4 reasons the CEO is "kind of excited" for an upcoming recession. Sign up for our newsletter for the latest tech news and scoops — delivered daily to your inbox. Nevertheless, Prince said he's looking on the bright side: "I guess it's a little masochistic or sadistic or something, but kind of excited about the upcoming recession."
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