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BEIJING — Local Chinese authorities have removed restrictions on Tesla cars after the company's China-made vehicles passed the country's data security requirements, the automaker said Sunday. Although Tesla's electric cars are some of the most popular vehicles in China, they have reportedly been banned from some government-related properties due to concerns about what data the U.S.-based automaker can collect. Tesla's press release did not specify which local authorities had removed restrictions on the cars. The Biden administration earlier this year announced a probe into whether imported cars from China pose national security risks due to their ability to potentially collect data about the U.S. and send it back to China. Tesla's vehicles were not the only ones that passed the data security rules.
Persons: Elon Musk, Tesla, Porte, Premier Li Qiang, Biden, Li Auto, Nio Organizations: Twitter, Viva Technology, Porte de, BEIJING — Local, Premier, Tesla's, China Association of Automobile Manufacturers, National Computer Network, Coordination Center of China Locations: Paris, France, BEIJING, China, Beijing
He has long been an impulsive user of Twitter, now renamed X. Musk acquired the social media company in 2022. As part of that agreement, he signed off on the social media provision. His lawyers say in court papers that the SEC has waged an "ongoing campaign" against Musk. The provision "restricts Mr. Musk's speech even when truthful and accurate. The SEC responded in court papers that Musk had waived his right to bringing his argument when he signed off on the settlement.
Persons: Elon Musk, Tesla, Porte, WASHINGTON —, Elon Musk's, Musk Organizations: Twitter, Viva Technology, Porte de, WASHINGTON, Securities and Exchange Commission, New, Circuit, Appeals, SEC, Tesla Locations: Paris, France, New York
META YTD mountain Meta Platforms YTD We obviously don't like what we are seeing after hours in the stock. While expecting a similar dynamic to play out now with AI investments, Zuckerberg fully expects the end result to be similar as the team scales its offerings and then begins to monetize the investments. Regarding shareholder returns, the company repurchased $14.6 billion worth of stock during the quarter while returning another $1.3 billion via dividends. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. The logo of the U.S. company created by Mark Zuckerberg, Meta is displayed during the Viva Technology conference at Parc des Expositions Porte de Versailles on June 15, 2023 in Paris, France.
Persons: That's, Mark Zuckerberg, we'll, Zuckerberg, China's ByteDance, we've, we're, it's, ChatGPT, Jim Cramer, Joe Biden, Jim, Jim Cramer's, Porte de Versailles Organizations: Revenue, LSEG, Zuckerberg, China's, Meta, Microsoft, Electric, Realty Labs, Daily, People, CNBC, U.S ., Viva Technology, Parc, Chesnot, Getty Locations: U.S, Asia, Pacific, Paris, France
Changpeng Zhao, founder and CEO of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022. U.S. prosecutors are seeking an above-guidance sentence of 36 months for the former CEO of cryptocurrency exchange Binance on charges of enabling money laundering, according to a sentencing memorandum out late Tuesday. The memorandum, which was filed with the court for the western district of Washington, states that Zhao should serve a higher sentence that suggested under advisory guidelines to "reflect the gravity of his crimes." Under advisory guidelines, Zhao's sentencing would come in at a range of 12 to 18 months in prison. "A custodial sentence of 36 months—twice the high end of the Guidelines range—would reflect the seriousness of the offense, promote respect for law, afford adequate deterrence, and be sufficient but not greater than necessary to achieve the goals of sentencing," U.S. prosecutors said.
Persons: Changpeng Zhao, Zhao, , Binance Organizations: Viva Technology, Porte de, U.S, Bank, U.S . Securities, Exchange Commission, Commodity Futures Trading Commission Locations: Porte, Paris, Washington, U.S
The Philippines' Securities and Exchange Commission (SEC) has ordered Google and Apple to remove cryptocurrency exchange Binance from their app stores. In a press release out on Tuesday, the regulator said it had sent letters to Google and Apple requesting the removal of applications controlled by Binance from the Google Play Store and Apple App Store, respectively. The agency accused Binance of offering unregistered securities to Filipinos and operating as an unregistered broker, adding that this violates the country's securities laws. Binance, Google, and Apple were not immediately available for comment when contacted by CNBC. Aquino said that blocking Binance from the Google and Apple app stores would help "prevent the further proliferation of its illegal activities in the country, and to protect the investing public from its detrimental effects on our economy."
Persons: Zhao Changpeng, Binance, Emilio Aquino, Aquino Organizations: Viva Technology, Porte de, Securities and Exchange Commission, SEC, Google, Apple, Binance, CNBC Locations: Porte, Paris, France, Philippines, Philippine
That's the reality for the ultra rich, and people like Jaclyn Sienna India make it happen. India is the founder of a Sienna Charles, a members-only travel agency that caters to wealthy clients who take million-dollar trips around the world. That includes "arranging spa appointments, recruiting house staff, helping clients build a home gym, whatever they need," India told The Cut. "He has all the money in the world, but he didn't want to go to Michelin-star restaurants," India told The Cut. "A lot of our clients work really, really hard, and it's important for them to have consistency and routine wherever they go."
Persons: Jaclyn Sienna India, Sienna Charles, she's, they're Organizations: FedEx, Michelin Locations: Versailles, India, New York City, Dallas, Los Angeles, San Francisco
But of course, Birkins, Kelly bags, and other Hermès pieces are nothing new. Jasmine Rasco and one of her Birkin bags. Richard Rodriguez/Stringer/Getty ImagesName: Tiffany MoonAdvertisementAge: 39Her first Birkin: Moon's first Birkin bag was a celebratory purchase. "I see these huge, palatial closets filled with lots of different Hermès bags. Why she loves them: The exclusivity factor plays a part in Millen's love for Hermès bags, but for her, it's about the quality.
Persons: Hermès, Birkin, Kelly, , Thierry Hermès, Robert Dumas —, Émile Hermès —, He's, They're, Jasmine Rasco, Rasco, Sellier, Azalee, Roscoe, it's, I'm, Tiffany Moon, Richard Rodriguez, Stringer, Tiffany, Moon's, Birkin —, Dallas, We're, I've, Lydia Millen, Joe Giddens, Millen, who's, slouchy Birkin, they're, Tania Antonenkova, Antonenkova, she's Organizations: Service, Hermès, Business, Epsom, Housewives Locations: Birkins, Paris, Hermès, Togo, Texas, San Fransisco, San Francisco, London, Faubourg, Versailles
Tesla CEO Elon Musk sent an internal email on Wednesday, telling staffers that the company sent out some severance packages that were too low to a number of laid-off workers this week. "As we reorganize Tesla it has come to my attention that some severance packages are incorrectly low," Musk wrote in the brief email. His earlier CEO pay plan, worth $56 billion, was voided in a ruling by Delaware chancery court judge Kathaleen McCormick, who decided that, as CEO, Musk controlled Tesla, and the board's compensation committee wasn't independent, among other factors. Tesla shares have dropped about 37% this year as of Wednesday, closing at $155.45. WATCH: This is a 'fork in the road' period for Musk and Tesla
Persons: Elon Musk, Porte, Musk, Tesla, Kathaleen McCormick Organizations: Twitter, Viva Technology, Porte de, Reuters Locations: Paris, France, Delaware
Elon Musk, Chief Executive Officer of Tesla and owner of X, formerly known as Twitter, attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition center in Paris, France, June 16, 2023. Musk shared the reveal date on Friday after Reuters reported that plans for Tesla's highly anticipated low-cost car model had been scrapped. In 2015, Elon Musk told shareholders that Tesla's cars would achieve "full autonomy" within three years. Tesla still has yet to deliver a robotaxi, autonomous vehicle or technology that can turn its cars into "level 3" automated vehicles. On Friday, Apple shuttered its self-driving unit and laid off about 600 people on Friday who had been associated with the project.
Persons: Elon Musk, Porte, Tesla, Musk, FSD, Waymo, Uber, Cruise's, Leswing Organizations: Twitter, Viva Technology, Porte de, Reuters, Tesla, Companies, Wayve, Apple, Cruise Locations: Paris, France, Phoenix, San Francisco, Los Angeles, Austin , Texas, Arizona, China, Guangzhou, U.S
CNN —Beyoncé has some people excited about country music. But they aren’t the only ones whose careers could benefit from Queen Bey’s entrance into country music. Andrew Nelles /The Tennessean/USA Today NetworkRVSHVD (pronounced Ra-shad) is another Georgia native who is making his way in the country music industry. Apple TV+Ashlie Amber may not have won a TV competition meant to open doors for underrepresented country artists, but she’s definitely winning fans. Jason Kempin/Getty ImagesTwins Derek Campbell and Brandon Campbell are fighting for inclusivity in country music in more ways than one.
Persons: CNN — Beyoncé, Cowboy Carter, Beyoncé, can’t, Dolly Parton’s, Jolene, , Tanner Adell, Willie Jones, Tiera Kennedy, Linda Martell, Reyna Roberts, Brittney Spencer, Derek White, Kelly Clarkson, Shania Twain, Twain, , ” Twain, ” Kylan Boykin, we’re, Nytere Boykin, Carter ”, ” Nytere Boykin, RVSHVD RVSHVD, Andrew Nelles, Clint Rashad Johnson, Keith Urban’s, — Marvin Gaye, Luther Vandross, Luke Bryan, Darius Rucker, Angel Rewis, Johnson, She’s, Amber Ashlie Amber, Amber, she’s, Reese Witherspoon, Kacey Musgraves, Jimmie Allen, Mickey Guyton, Orville Peck, ” Micaela Kleinsmith, ” Amber, “ Beyoncé, Derek Campbell, Brandon Campbell, Jason Kempin, we’ve, ” Derek Campbell, WSMV4, Hart, Trea Swindle, Danica Hart, Devynn Hart, Chapel Hart, Evan Agostini, “ Jolene, , Danica, Trea, America’s, ” Parton, “ We’re Organizations: CNN, The Recording, CMT, USA, Billboard, Florida Georgia Line, Apple, The Kentucky Gentlemen, Winery, Getty, inclusivity, , Rolling Stone, Chapel, Channel, Nashville Locations: Atlanta, Nashville, Georgia, Florida, Nashville , Tennessee, Kentucky, Winery Nashville, Versailles , Kentucky, America, Austin , Texas, Mississippi, Louisiana
Bonnie McIlvaine has lived in three homes in San Diego County, all on the very same spot. The first was an unheated concrete-block house she bought in 1973 for $32,000. A newly divorced schoolteacher, Ms. McIlvaine wanted a break from urban living. She found herself in a small, hilly town with stretches of undeveloped brushland and woodland, not far from the coastal city of Carlsbad, Calif., where she worked. As she cast her eyes lovingly on the frumpy little building — or, more accurately, on the half acre it sat on — her real estate agent told her, “We can do much better; we’re going to look at tract houses.”But all Ms. McIlvaine could think of was that she had always wanted a horse, and maybe that could happen here.
Persons: Bonnie McIlvaine, McIlvaine Locations: San Diego County, Carlsbad, Calif
I asked her excitedly in French, “What do you think about the abortion rights thing?”“C’est fou, hein?” she said. She continued, “Trump, he wants to reverse abortion rights. Unbelievable.”“Oh!” I said, “I meant about how France is writing abortion rights into the Constitution.”“Oh that?” she said, less excitedly. On the other hand, French women were allowed to open their own checking accounts in 1965 — horrific until you realize that their American counterparts were not granted that right until 1974. But compared to today’s America, France looks like the version of a feminist utopia that could only be dreamed of by Greta Gerwig’s Barbie universe.
Persons: Roe, Wade, Laurence Rossignol, Le Monde, Rossignol, fou, hein, , “ Trump, , Alexis De Tocqueville, America “, Barack Obama, George Floyd, Derek Chauvin, , Congrès, I’ve, ” Claude Malhuret, she’d, Gabriel Attal, Greta Gerwig’s Organizations: CNN, CNN — America, US, Democracy, Communist, Minnesota, American, Equality, Fraternity Locations: Paris, America, France, French, Spain, Communist China, Versailles
Paris CNN —France became the world’s first country to enshrine abortion rights in its constitution on Monday, the culmination of an effort that began in direct response to the US Supreme Court’s decision to overturn Roe v. Wade. The amendment states that there is a “guaranteed freedom” to abortion in France. While abortion is a highly divisive issue in US politics that often falls along party lines, in France it is widely supported. The measure’s passage is a clear victory for the French left, which has been pushing for years to guarantee abortion rights in the constitution. The vote marks the 25th time the French government has amended its constitution since the founding of the Fifth Republic in 1958.
Persons: Roe, , Gabriel Attal, ” Attal, Emmanuel Macron, Simone Veil, Emmanuel Macron’s, , Wade, Eric Dupond, Moretti, perviously, CNN’s Joseph Ataman, Christopher Lamb Organizations: Paris CNN —, Wade, French Senate, National Assembly, ” Lawmakers, France, Health, US, Fifth, Catholic, Pontifical Academy for Life Locations: Paris CNN — France, of Versailles, Paris, France, United States, Europe, Hungary, Fifth Republic
French legislators are expected to pass a measure on Monday that would make France the first country in the world to explicitly enshrine access to abortion in its Constitution. The constitutional amendment requires three-fifths approval of gathered lawmakers from both houses of Parliament to pass. The amendment would declare abortion a “guaranteed freedom” overseen by Parliament’s laws. The impulse for the change was the U.S. Supreme Court’s decision to overturn Roe v. Wade in 2022. But it also reflects the widespread support for abortion in France, built over years, and a successful campaign by a coalition of feminist activists and lawmakers.
Persons: Éric Dupond, Moretti, Roe, Wade Locations: France, Versailles, U.S .
CNN —A high-profile lawsuit filed by Elon Musk’s X targeting hate speech researchers appeared to stumble on Thursday as a federal judge sounded a skeptical note on many of the lawsuit’s allegations, suggesting that the company formerly known as Twitter hasn’t done enough to establish its claims. The judge in the case signaled he may toss out X’s claims but appeared undecided on whether to let the company amend and refile the suit. X has also blamed CCDH’s reports, which showcase the prevalence of hate speech on the platform, for amplifying brand safety concerns and driving advertisers away from the site. “You could have brought a defamation case; you didn’t bring a defamation case,” Breyer told X attorney Jonathan Hawk. Elon Musk, owner of X, attends the Viva Technology conference at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023.
Persons: Elon Musk’s, X, CCDH, CCDH’s, Charles Breyer, ” Breyer, Jonathan Hawk, Elon Musk, Porte, Gonzalo Fuentes, Breyer, Hawk, , ” Hawk, I’ve, John Quinn Organizations: CNN, Center, Twitter, Nazi, Viva Technology, Porte de, CCDH Locations: San Francisco federal, Paris, France
U.S. prosecutors Friday asked a judge to tighten the bond conditions of billionaire Binance founder Changpeng "CZ" Zhao as he awaits his April sentencing for breaking a federal anti-money laundering law, court filings show. Under the proposed bond, Zhao would be required to provide prosecutors and pretrial services with at least three days' notice before any travel within the country, to give them time to raise any potential objections. An attorney for Zhao did not immediately respond to CNBC's request for comment. Pretrial Services also recommended "a location-monitoring condition," the filing said in a footnote. The filing does not explicitly ask the judge to impose that condition.
Persons: Changpeng Zhao, Binance, Changpeng, Zhao, Richard Jones Organizations: Viva Technology, Porte de, U.S, Zhao, Canadian, United, United Arab Emirates, Court Locations: Porte, Paris, United States, United Arab, Seattle, Washington
Brontez Purnell Insists on Phoning Writers He Admires
  + stars: | 2024-02-22 | by ( ) www.nytimes.com   time to read: +1 min
Describe your ideal reading experience (when, where, what, how). It could only be in fantasy scenarios. But back to the fantasy scenarios. The newspaper is the only thing I read that makes me cry. The newspaper is the only thing I read that makes me furious.
Locations: Versailles
Changpeng Zhao, founder and CEO of Binance, attends the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 16, 2022. The criminal sentencing of Binance founder Changpeng Zhao on a money laundering rule charge has been postponed until April 30, according to a notice Monday in Seattle federal court. That docket entry did not explain what would be a two-month delay in sentencing Zhao, a Canadian national widely known as "CZ" who is free on a $175 million release bond in the United States. Federal sentencing guidelines suggest a maximum sentence of 18 months in prison for Zhao, but prosecutors reportedly have considered asking for a harsher sentence. Zhao pleaded guilty on Nov. 21 to a charge of failure to maintain an effective anti-money laundering program at Binance, the world's largest cryptocurrency exchange.
Persons: Changpeng Zhao, Zhao, William Burck Organizations: Viva Technology, Porte de, Canadian, CNBC, Department of Justice, Emergency Economic Locations: Porte, Paris, Seattle, United States, Binance
NEW YORK (AP) — Visitors to Boston this summer will get a treat: A stage show that reunites singer-actor Kristin Chenoweth with her “Wicked” songwriter Stephen Schwartz. Chenoweth will star as socialite Jacqueline “Jackie” Siegel in the live adaptation of the 2012 documentary film “The Queen of Versailles.” The musical will make its world premiere at Emerson Colonial Theatre from July 16-Aug. 18. They hope it can make it to Broadway after its Boston try-out. Academy Award-winning actor F. Murray Abraham will play Siegel's husband and other cast members include Melody Butiu and Nina White. The story is by Lindsey Ferrentino and direction is by Tony Award-winner Michael Arden, who helmed the hailed recent Broadway revival of “Parade.”
Persons: Kristin Chenoweth, Stephen Schwartz, Chenoweth, Jacqueline “ Jackie ” Siegel, of Versailles, , Siegel, David “, King ” Siegel, Glinda, Tony, Charlie Brown, F, Murray Abraham, Melody Butiu, Nina White, Lindsey Ferrentino, Michael Arden Organizations: , Emerson Colonial Theatre, Broadway, Boston Locations: Boston, America, Orlando , Florida, of Versailles, France
Somewhere close to the four-hour mark in “Bark of Millions,” the polychromatic cavalcade of splendor that is Taylor Mac and Matt Ray’s new rock opera, I finally realized why the woman in front of me had been reading on her phone throughout the performance. The words on her phone were excerpts from the show’s lyrics, a free digital version of the printed fan deck on sale at concessions. More than 50 songs in, she was grasping at that text in an attempt to follow along. Because the great frustration of “Bark of Millions,” which continues through Saturday at the Brooklyn Academy of Music’s Harvey Theater, is that there are far too many songs in which the music drowns out the lyrics, making the meaning a bafflement. If “Bark of Millions” were aiming to succeed on aural gorgeousness and visual spectacle alone, there would be no cause to quibble.
Persons: Taylor Mac, Matt Ray’s, Brendan Aanes, Mac Organizations: Brooklyn Academy of Music’s Locations: Versailles, Vegas
King Charles and Queen Camilla are seen leaving Clarence House in London on February 6, the day after it was announced King Charles had been diagnosed with cancer. But Queen Elizabeth and King Charles, they do not want to become the story, they still want to serve their public. In the fullness of time, I would like to think King Charles will talk about his treatment.”Britain's King Charles III poses for a portrait in Buckingham Palace's Throne Room after his official coronation in May 2023. From left are Camilla, Duchess of Cornwall; Prince Charles; Queen Elizabeth II; Prince Philip; Prince William; and Catherine, Duchess of Cambridge. From left are Prince Charles; the Queen; Prince Louis; Catherine, the Duchess of Cambridge; and Princess Charlotte.
Persons: London CNN — Britain’s King Charles III, Buckingham, Charles, King Charles, Queen Camilla, Clarence, Toby Melville, King, Rishi Sunak, Sunak, , Sunak’s, Charles ’, Chris Jackson, , Kate Williams, Joe Biden, Matthew Chattle, survivorship, “ Jill, “ You’re, Anil Rustgi, Herbert, ” Rustgi, Sally Bedell Smith, George VI, ” King George VI, Prince Charles, Prince Harry, Emily Nash, It’s, Princes William, Harry, Andrew, Edward, Anne, Beatrice, Nash, Princess, Wales, She’s, hasn’t, Catherine, ” Williams, Kristina Kyriacou, ITV’s, They’ve, Kyriacou, she’d, Queen Elizabeth, ” Britain's King Charles III, Hugo Burnand, Princess Elizabeth, Elizabeth, Prince Philip, Prince Charles and Princess Anne, Eddie Worth, Margaret, Hulton, Sir Gerald Creasy, Paul Popper, Princess Margaret, Queen Elizabeth II, Prince, Popperfoto, Prince Edward, Princess Anne, Richard Nixon, William Lovelace, Serge Lemoine, David McFall, Anwar Hussein, Tim Graham, Camilla Parker Bowles, Lady Diana Spencer, Princess Diana, William, Diana, David Levenson, Johnny Eggitt, Nelson Mandela, David Thomson, Princess Diana's, Jayne Fincher, Thomas Coex, Adrian Dennis, Chris Ison, Prince of, Camilla, Matt Dunham, Prince William, Kate Middleton, James Devaney, FilmMagic, Andrew Milligan, Barack Obama, Chris Radburn, Duchess of Cornwall, Catherine , Duchess of Cambridge, Dominic Lipinski, Alessandro Bianchi, Mohd Rasfana, Andrew Parsons, Prince Charles , Prince Andrew, Duchess Camilla, Meghan Markle, Jonathan Brady, Max Mumby, He's, Prince George, Princess Charlotte, Prince Louis, Meghan, PoolAP Charles, Tim P, Paul Chiasson, Ben Stansall, Duchess, Cambridge, Hannah McKay, Reuters Charles, Liz Truss, Yui Mok, Queen Consort, Victoria Jones, Volodymyr Zelensky, Zelensky, Aaron Chown, Handout, Dan Kitwood, Andrew Matthews, Sarah Tilotta, Toby Hancock, CNN Charles, Giles, Jane Barlow, Emmanuel Macron, Benoit Tessier, Peter Nicholls, Britain's King Charles III, Estelle Paranque Organizations: London CNN, Clarence House, Reuters, CNN, BBC, British, Getty, Royal, Publishing, Macmillan Cancer, Cancer Research, Herbert Irving Comprehensive Cancer, Presbyterian, Columbia University Irving Medical Center, Topical Press Agency, Royals, CNN’s Royal, Buckingham Palace, Central Press, Hulton, Hulton Deutsch, Westminster Abbey, Keystone, Royal Navy, Queen, Trinity College , Cambridge, Bettmann, Hulton Royals, Cheshire Regiment, Spice, Westminster Hall, Royal Horticultural Society's, Chelsea, London Palladium, BBC Scotland's, Office, Zephyr, Army Air Corps, Sandringham, Royal Air Force, Whitby, Imperial State Crown, Royal Military Academy Sandhurst, Cathedral, Scotland, King, London Clinic, Northeastern University London Locations: London, British, Dubai, United Arab Emirates, Buckingham Palace, United Kingdom, NewYork, Queen, Windsor, Wales, Buckingham, Malta, Westminster, France, Washington, Kenya, West Berlin, Canada, Cirencester, England, Canterbury, India, Manchester, Papua New Guinea, Toronto, AFP, Balmoral, Balmoral , Scotland, Paris, Ashbourne, Ranville, Prince of Wales, Amatrice, Borneo, St, John's, Newfoundland, Labrador, Nyamata, Rwanda, St James's, Hamburg, Germany, Edward's, Edinburgh, Scotland, of Versailles, Versailles
Revenue : $1.36 billion vs. $1.38 billion expected, according to LSEG. : $1.36 billion vs. $1.38 billion expected, according to LSEG. Global Daily Active Users : 414 million vs. 412 million expected, according to StreetAccount. : 414 million vs. 412 million expected, according to StreetAccount. Daily active users for the first quarter will be 420 million, Snap said, slightly topping analyst estimates of 419.3 million.
Persons: Evan Spiegel, Porte, Debra Aho Williamson, Mark Zuckerberg, Linda Yaccarino, Shou Zi Chew, Jason Citron, Pinterest Organizations: Inc, Viva Technology, Porte de, CNBC, Meta Locations: Paris, Israel
Details of the medical procedure were also blacked out in the letter, which noted that federal prosecutors had not consented to Zhao's request. Jones held a closed hearing on the request on Dec. 29, and denied Zhao's bid to travel, court records show. Jones earlier in December rejected another request to allow Zhao to travel to the UAE. The judge said Zhao's "enormous wealth" made him a significant flight risk. His family resides in the UAE and it appears that he has favored status in the UAE," Jones wrote in a six-page order on Dec. 7.
Persons: Zhao Changpeng, Binance, Changpeng, Richard Jones, Zhao, Judge Jones, Jones, Zhao's Organizations: Viva Technology, Porte de, United Arab Emirates, Jan Locations: Porte, Paris, France, U.S, Seattle, Abu Dhabi, UAE, United States
Meta Platforms ' savvy use of artificial intelligence and untapped potential in business messaging are reasons why we see more upside ahead for the stock in 2024. The stock nearly tripled last year and was the second-best performing Club stock behind Nvidia . Here's a timeline of Meta's stock performance around earnings in 2023. Outside of AI, Meta continues to grow its successful business messaging across its services. Given that TikTok's Chinese owner ByteDance is facing backlash from U.S. officials, a potential TikTok ban in the U.S. would be a major catalyst for Meta stock.
Persons: Meta, Mark Zuckerberg, Zuckerberg, Jim Cramer, We're, ByteDance, Jim Cramer's, Jim, Benoit Tessier Organizations: Nvidia, Meta, Facebook, UBS, Hamas, Reality Labs, Meta's, Apple, CNBC, Inc, Viva Technology, Porte de Locations: U.S, Porte, Paris
REUTERS/Gonzalo Fuentes/File Photo Acquire Licensing RightsDec 5 (Reuters) - Elon Musk's artificial intelligence startup xAI has filed with the U.S. securities regulator to raise up to $1 billion in an equity offering, according to a filing on Tuesday. In a Twitter Spaces event earlier in the year he said that rather than explicitly programming morality into its AI, xAI will seek to create a "maximally curious" AI. The billionaire, who has criticized Big Tech's AI efforts as ridden with censorship, in July launched xAI, calling it a "maximum truth-seeking AI" to rival Google's (GOOGL.O) Bard and Microsoft's Bing AI. In 2015, Musk co-founded OpenAI, the company behind ChatGPT, which has created a frenzy for generative AI technology around the world, but stepped down from the board in 2018. The team behind xAI, which launched in July this year, comes from Google's DeepMind, the Windows parent, and other top AI research firms.
Persons: Elon Musk, Porte, Gonzalo Fuentes, xAI, Google's, Bard, Microsoft's Bing, XAI, Musk, Google's DeepMind, Akash Sriram, Jaiveer, Arsheeya Bajwa, Shailesh Organizations: SpaceX, Tesla, Twitter, Viva Technology, Porte de, REUTERS, Elon, Securities and Exchange Commission, Microsoft Corp, Regulators, Thomson Locations: Paris, France, Bengaluru
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