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Snap Launches My AI Chatbot Using OpenAI Technology
  + stars: | 2023-02-27 | by ( Meghan Bobrowsky | ) www.wsj.com   time to read: 1 min
Snapchat’s chatbot is designed to help answer user questions and generate ideas in the chat tab on the app. Snapchat parent Snap Inc. has become the latest company to unveil a new artificial-intelligence feature on its platform, offering an experimental chatbot powered by OpenAI’s buzzy technology to paying users. The chatbot, called My AI, is available to users who subscribe to Snapchat+, the company’s $3.99 a month subscription service, Snap said Monday. The chatbot is designed to help answer user questions and generate ideas in the chat tab on the app.
Snapchat’s chatbot is designed to help answer user questions and generate ideas in the chat tab on the app. Facebook parent Meta Platforms Inc. and Snap Inc. are embracing the much talked-about artificial-intelligence technology popularized by OpenAI’s viral ChatGPT chatbot. Meta is establishing a group aimed at accelerating adoption of the so-called generative AI technology across the company, Chief Executive Mark Zuckerberg said Monday. Meta, which also owns Instagram and messaging app WhatsApp, is centralizing staff who are working on the AI technology from across the company to achieve faster breakthroughs it can apply to different products, Mr. Zuckerberg said.
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/would-you-pay-for-social-media-meta-twitter-and-snap-want-to-find-out-856524f8
Tesla Inc. has unnerved some of its customers with a decision to open up parts of its exclusive Supercharger network to other electric vehicles, with some fretting about future wait times to recharge their cars. John Sergeant, a Tesla owner in Seattle, said Superchargers in his city are already overrun with demand and that opening up the network to others will compound the problem.
Tesla Inc. has unnerved some of its customers with a decision to open up parts of its exclusive Supercharger network to other electric vehicles, with some fretting about future wait times to recharge their cars. John Sergeant, a Tesla owner in Seattle, said Superchargers in his city are already overrun with demand and that opening up the network to others will compound the problem.
E4Snap’s Stock Has Fallen Almost 80% This Year: What Went Wrong Snap shifted from overdrive to reverse this year as it prepares for its lowest period of sales growth since going public. WSJ’s Meghan Bobrowsky explains how Snap’s dependence on digital ads led to its restructuring efforts. Illustration: Jacob Reynolds
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/inside-metas-push-to-solve-the-noisy-office-ba43042
ByteDance Ltd., the China-based owner of TikTok, is starting to snare market share in the virtual-reality headset space that Meta Platforms Inc. has identified as critical to its future. Two years ago, ByteDance bought Pico, a Chinese startup that makes VR headsets. That launched a new front in the Chinese company’s competition with Meta , whose Instagram and Facebook services have been battling for users and advertising dollars against TikTok as the short-video app soared in popularity.
E4Snap’s Stock Has Fallen Almost 80% This Year: What Went Wrong Snap shifted from overdrive to reverse this year as it prepares for its lowest period of sales growth since going public. WSJ’s Meghan Bobrowsky explains how Snap’s dependence on digital ads led to its restructuring efforts. Illustration: Jacob Reynolds
E4Snap’s Stock Has Fallen Almost 80% This Year: What Went Wrong Snap shifted from overdrive to reverse this year as it prepares for its lowest period of sales growth since going public. WSJ’s Meghan Bobrowsky explains how Snap’s dependence on digital ads led to its restructuring efforts. Illustration: Jacob Reynolds
E4Snap’s Stock Has Fallen Almost 80% This Year: What Went Wrong Snap shifted from overdrive to reverse this year as it prepares for its lowest period of sales growth since going public. WSJ’s Meghan Bobrowsky explains how Snap’s dependence on digital ads led to its restructuring efforts. Illustration: Jacob Reynolds
Snap Warns of Sales Drop After Revenue Growth Stalls
  + stars: | 2023-02-01 | by ( Meghan Bobrowsky | ) www.wsj.com   time to read: 1 min
Snap’s growth figure was the lowest for the company since it went public. Snap Inc. warned sales in the current quarter are likely to drop after revenue growth stalled in the final three months of last year, illustrating the difficult market conditions social-media companies are having to navigate. The Snapchat parent said it generated $1.3 billion in sales in the fourth quarter, roughly flat from the year-earlier period and broadly in line with Wall Street’s expectations. The growth figure was the lowest for Snap since going public almost six years ago.
Facebook parent Meta Platforms Inc. said it would reinstate former President Donald Trump‘s Facebook and Instagram accounts, more than two years after they were suspended in the wake of the Jan. 6 Capitol riot. Meta said Wednesday that the accounts would be reinstated “in the coming weeks.” It added, “The public should be able to hear what politicians are saying so they can make informed choices.”
Facebook has reinstated former President Donald Trump‘s account, more than two years after it was suspended in the wake of the Jan. 6 Capitol riot. Facebook parent Meta Platforms Inc. said Wednesday that “we will be ending the suspension of Mr. Trump’s Facebook and Instagram accounts in the coming weeks.” It added, “The public should be able to hear what politicians are saying so they can make informed choices.”
The trial over Elon Musk’s 2018 tweets about potentially taking Tesla Inc. private quickly focused on whether those statements were fraudulent or the rushed shorthand of a chief executive earnestly trying to communicate with shareholders. The class-action case being tried in federal court centers on Mr. Musk’s tweets more than four years ago floating the possibility of taking Tesla private and the effect they had on individual investors’ decision making.
E4Snap’s Stock Has Fallen Almost 80% This Year: What Went Wrong Snap shifted from overdrive to reverse this year as it prepares for its lowest period of sales growth since going public. WSJ’s Meghan Bobrowsky explains how Snap’s dependence on digital ads led to its restructuring efforts. Illustration: Jacob Reynolds
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/judge-to-hear-elon-musk-request-to-relocate-trial-over-tesla-tweets-11673579301
A federal judge is slated to hear Elon Musk‘s request to relocate a coming securities-fraud trial involving comments he made as boss of Tesla Inc. Attorneys for Mr. Musk argued in a filing last week that potential jurors in the trial scheduled to unfold in San Francisco could be biased against the billionaire over his use and recent management of Twitter. U.S. District Judge Edward Chen is due to hear both sides starting Friday morning.
Tesla Considers $775 Million Texas Factory Expansion
  + stars: | 2023-01-11 | by ( Meghan Bobrowsky | ) www.wsj.com   time to read: 1 min
Tesla Inc. is considering more than $775 million in expansions at its electric-vehicle plant near Austin, Texas, an indication the auto maker is maintaining production growth ambitions in the face of Wall Street concerns over demand for its cars. Work on the new infrastructure could start as early as this month, according to regulatory filings in Texas. The registration documents filed this week with the Texas Department of Licensing and Regulation cover facilities to make and test batteries and other aspects of making its vehicles.
E4Snap’s Stock Has Fallen Almost 80% This Year: What Went Wrong Snap shifted from overdrive to reverse this year as it prepares for its lowest period of sales growth since going public. WSJ’s Meghan Bobrowsky explains how Snap’s dependence on digital ads led to its restructuring efforts. Illustration: Jacob Reynolds
E4Snap’s Stock Has Fallen Almost 80% This Year: What Went Wrong Snap shifted from overdrive to reverse this year as it prepares for its lowest period of sales growth since going public. WSJ’s Meghan Bobrowsky explains how Snap’s dependence on digital ads led to its restructuring efforts. Illustration: Jacob Reynolds
Twitter Inc. said it plans to expand the political advertising it allows on the social-media platform after banning most political ads in 2019, in the latest policy change by new owner Elon Musk. The company also said Tuesday that it is relaxing its policy for cause-based ads in the U.S. Such ads call for people to take action, educate and raise awareness in connection with the following categories: civic engagement, economic growth, environmental stewardship and social-equity causes.
Twitter says it will aim to shift its ad policy to align with TV and other media outlets. Twitter Inc. said it plans to expand the political advertising it allows on the social-media platform after banning most political ads in 2019, in the latest policy change by new owner Elon Musk. The company also said Tuesday that it is relaxing its policy for cause-based ads in the U.S. Such ads call for people to take action, educate and raise awareness in connection with the following categories: civic engagement, economic growth, environmental stewardship and social-equity causes.
E4Snap’s Stock Has Fallen Almost 80% This Year: What Went Wrong Snap shifted from overdrive to reverse this year as it prepares for its lowest period of sales growth since going public. WSJ’s Meghan Bobrowsky explains how Snap’s dependence on digital ads led to its restructuring efforts. Illustration: Jacob Reynolds
Tesla Inc. is poised Friday to close the worst year in the stock’s history, having lost more than $700 billion in market valuation amid investor concerns about production disruptions, demand worries and Chief Executive Elon Musk‘s focus on Twitter Inc. The electric-vehicle maker’s shares fell roughly 65% from the start of the year through Thursday. A new wave of share sales unfolded in recent weeks after discounts Tesla offered for people to take vehicle deliveries before year-end spurred fears over demand. The company also has had to deal with its China car plant, its largest by volume, temporarily shutting down. Tesla’s stock is on track for its worst month on record.
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