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Author and executive coach Carole Robin, speaking at a Leaders In Tech retreat. With Leaders in Tech, Robin set out to create a space for founders to practice vulnerability, free of the need to always be crushing it. The Leaders In Tech Retreat provides a world away from the relentless stress of Silicon Valley. 'If you really knew me'Participants meet in groups of 12, carefully selected to ensure no one is paired with a competitor or potential investor. "If you really knew me, you would know that I'm, I'm worried about whether or not my marriage is going to survive my startup."
Persons: Joe —, , Joe, they'd, hadn't, helming, Carole Robin, Robin, they're, Obi Felten, Oliver Hospitality, I'm, Felten Organizations: In Tech, Stanford Business School, Tech, UC Berkeley, Entrepreneurs, Google, Lodge, Menlo Locations: San Francisco, Tomales, Silicon Valley, Marconi, Marshall , California, Pacific, Felten's
Author and executive coach Carole Robin, speaking at a Leaders In Tech retreat. With Leaders in Tech, Robin set out to create a space for founders to practice vulnerability, free of the need to always be crushing it. The Leaders In Tech Retreat provides a world away from the relentless stress of Silicon Valley. 'If you really knew me'Participants meet in groups of 12, carefully selected to ensure no one is paired with a competitor or potential investor. "If you really knew me, you would know that I'm, I'm worried about whether or not my marriage is going to survive my startup."
Persons: Joe —, , Joe, they'd, hadn't, helming, Carole Robin, Robin, they're, Obi Felten, Oliver Hospitality, I'm, Felten Organizations: In Tech, Stanford Business School, Tech, UC Berkeley, Entrepreneurs, Google, Lodge, Menlo Locations: San Francisco, Tomales, Silicon Valley, Marconi, Marshall , California, Pacific, Felten's
Facebook parent Meta on Wednesday posted sharply higher earnings for the third quarter, boosted by an increase in advertising revenue and lower expenses after it laid off thousands of workers. Meta, based in Menlo Park, California, said that it earned $11.58 billion, or $4.39 per share, in the July-September quarter. Analysts, on average, were expecting earnings of $3.64 per share on revenue of $33.58 billion, according to a poll by FactSet. CEO Mark Zuckerberg said in a conference call with analysts that Meta's Twitter-like Threads app, which launched in July, has 100 million monthly active users. For the current quarter, Meta is forecasting revenue of $36.5 billion to $40 billion.
Persons: FactSet, , Jeremy Goldman, ” Goldman, , Mark Zuckerberg, Meta Organizations: Meta, Revenue, of Columbia, Facebook, Twitter, Platforms Inc Locations: Menlo Park , California
The same inevitable supply-and-demand dynamic is about to wash over us again with large language models and generative AI. AI models are trained on masses of data from the past. Humans are good at learning quickly from a small amount of data, while AI models need mountains of information to train on. Soon, human content creators will be vying for attention with content generated by AI models. 'Utility, value and signaling'Hartz, a venture capitalist who now chairs Eventbrite's board, says successful technologists will continue to spend heavily on human experiences.
Persons: , Kevin Hartz, Eventbrite, Taylor Swift, Marc Andreessen, Hartz, John Barone, you'll, Sal Khan, That's, Gates, Michael Larson, Elon Musk's, Morgan Stanley, Jared Birchall, Noam Brown, He's, Mark Zuckerberg, Zuckerberg Organizations: Service, Khan Academy, Menlo School, Sigma, Bloomberg, Meta, OpenAI, Google, Amazon Locations: GPT, Fiji, Palo Alto, Silicon, Menlo
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsCompanies Meta Platforms Inc FollowOct 24 (Reuters) - Dozens of U.S. states are suing Meta Platforms (META.O) and its Instagram unit, accusing them of contributing to a youth mental health crisis through the addictive nature of their social media platforms. "Research has shown that young people’s use of Meta's social media platforms is associated with depression, anxiety, insomnia, interference with education and daily life, and many other negative outcomes," the complaint said. The lawsuit is the latest in a string of legal actions against social media companies on behalf of children and teens. Meta deceptively denied publicly that its social media was harmful, the lawsuit said. Nine other states are expected to file similar lawsuits on Tuesday, bringing the total number of states suing to 42.
Persons: Dado Ruvic, ByteDance's, Meta, We’re, Jonathan Stempel, Diane Bartz, David Shepardson, Nate Raymond, Rod Nickel, Lisa Shumaker Organizations: REUTERS, Meta, YouTube, Menlo, Thomson Locations: Oakland , California, California, Illinois, , California, New York
If the world's leading AI researchers use Llama, Meta could have an easier time hiring skilled technologists who understand the company's approach to development. Spisak helped oversee PyTorch and other open source AI projects when he worked at Meta from 2018 until January 2023. Although a number of open source LLMs are available, Lambert said Llama 2 is by far the most popular. "Facebook was not and that's sort of how they move forward and democratizing this, giving sort of broad access to open source. However, open source doesn't always win, and Padval acknowledged that "in this case, I don't know how it's going to evolve."
Persons: Mark Zuckerberg, Josh Edelson, Mark Zuckerberg's multibillion, Joseph Spisak, that's, Zuckerberg, Meta, Andrew Bosworth, Yann LeCun, isn't, Susan Li, Spisak, Cai GoGwilt, GoGwilt, OpenAI's, Ahmad Al, Dahle, he's, Jim Fan, Arjun Bansal, Jensen Huang, Nathan Lambert, Lambert, Critics, Umesh Padval, " Lambert, Nvidia's, Fan, Meta's, Taka Ariga, Ariga, Claude, Elon Musk, Tesla, Nur Hamdan, OpenAI's GPT, Sam Altman, Guido Appenzeller, Thomvest's Padval, Padval Organizations: Meta, AFP, Getty, Microsoft, Industry, Linux, Microsoft Windows, Facebook, Twitter, Finance, Google, AI Research, FAIR, Apple, Nvidia, Web Services, Thomvest Ventures, TC Cowen, United, United Arab Emirates, U.S, Government, AWS, Bloomberg, Amazon, VMware, Intel, Red Hat Locations: Menlo Park , California, Taiwan, United Arab, Washington, Elon, Hamadan, Seoul, South Korea
In this article GOOGL Follow your favorite stocks CREATE FREE ACCOUNTGoogle has opened its first west coast visitor Experience" center which is located by its Mountain View headquarters. Google's new Mountain View "Visitor Experience" center features a Google store. It also includes a cafe and retail Google store, which comes two years after the company opened its first public Google retail store in New York's Chelsea neighborhood. Google's new visitor center feature a space where a community group or nonprofit can request to reserve the space for meetings or events. Google's new visitor experience includes an outdoor event space for the public.
Persons: Mark Wickens, We've, Scott Foster, Ruth Porat, Michelle Kaufmann Organizations: Google, Mark Wickens Google, CNBC, Facebook Locations: Mountain View, Calif, New York's Chelsea, Valley, Menlo, San Jose
Advanced Micro Devices announced Tuesday it will acquire Nod.AI, an open-source artificial intelligence software startup, to expand the chipmaker's AI software operations. Nod.AI, or Nod Labs, builds open-source technologies "for future AI systems," according to the startup, and it mainly specializes in reinforcement learning, a type of system that "learns" via trial and error. During the same period, AMD reported a revenue decline of 18% but still beat analysts' estimates for sales and profit. Prior to founding Nod in 2013, Anush Elangovan, the startup's CEO, was part of the first Chromebooks team at Google and a lead engineer at Cisco. AMD and Nod.AI did not respond to CNBC's request for comment.
Persons: Boppana, Anush Elangovan, Harsh Menon, Nod's, Kitty Hawk, Larry Page Organizations: Micro Devices, Nod, Nvidia, AMD, Nod.ai, Google, Cisco, Nod Labs, Bluetooth, Menlo Ventures, Sequoia Capital, Apple, Samsung
Meta starts rolling out generative AI tools for all advertisers
  + stars: | 2023-10-04 | by ( ) www.reuters.com   time to read: +1 min
[1/2] Meta CEO Mark Zuckerberg delivers a speech, as the letters AI for artificial intelligence appear on screen, at the Meta Connect event at the company's headquarters in Menlo Park, California, U.S., September 27, 2023. REUTERS/Carlos Barria/File Photo Acquire Licensing RightsOct 4 (Reuters) - Social media giant Meta Platforms (META.O) said on Wednesday that it has started rolling out generative artificial intelligence (AI) tools that can create content like image backgrounds and variations of written text for all advertisers. The company started testing these tools in May, giving access to a select group of advertisers in a "testing playground". The tools will be available in Meta's Ads Manager and their rollout will be completed next year. Meta's portfolio of AI products includes its language model "Llama 2" and an AI chatbot called Meta AI that can generate text responses and photo-realistic images.
Persons: Mark Zuckerberg, Carlos Barria, Instagram, Zaheer Kachwala, Katie Paul, Shailesh Kuber Organizations: Meta, REUTERS Locations: Menlo Park , California, U.S, Bengaluru
The iPhone maker in June announced its Vision Pro mixed-reality headset at an eyepopping price of $3,499 when it goes on sale next year. "There's curiosity for sure with Apple entering the market," said Tom Symonds, CEO of the UK-based VR firm Immerse. Apple CEO Tim Cook stands next to the new Apple Vision Pro headset. At its high price point, the Vision Pro will likely be more of a product for businesses, Seitz said. Initially, the price is too high and the Vision Pro will require users to wear a battery pack, creating an added nuisance during a workout.
Persons: Andrew Bosworth, Josh Edelson, Mark Zuckerberg, it's, Tom Symonds, Meta, Zuckerberg, Tim Cook, Justin Sullivan, Aneesh Kulkarni, Kulkarni, Josette Seitz, Seitz, Gaspar Ferreiro, Apple, Ferreiro, Jeffrey Morin, Morin, Litesport, " Morin, Apple's Organizations: Facebook, Meta, AFP, Getty, VR, Menlo, Apple, Street, Apple Vision, Baltu Technologies, Car Studios, Vision Locations: Menlo Park , California, Web3, billings
Meta's mandatory return to office is 'a mess'
  + stars: | 2023-09-29 | by ( Kali Hays | ) www.businessinsider.com   time to read: +5 min
Meta's return to office mandate has gone about as well as the metaverse so far. One person noted that, after days of trying to get a room for a meeting at Meta's campus in Menlo Park, a small room became available. They assume the backlog of remote work applications to be "in the thousands." Coming in to be on ZoomOne employee noted their team is mostly in other offices. Others are in the same boat, at least for several more weeks, as they wait for remote work applications to be approved.
Persons: They've, Meta's, let's, they're, We've, Adam Mosseri Matt Winkelmeyer, Adam Mosseri, Instagram, they'd, Lori Goler Organizations: Meta, Menlo Park Locations: Menlo Park
He cited LinkedIn as an example of a website whose content Meta deliberately chose not to use because of privacy concerns. Meta AI was the most significant product among the company's first consumer-facing AI tools unveiled by CEO Mark Zuckerberg on Wednesday at Meta's annual products conference, Connect. The public Facebook and Instagram posts that were used to train Meta AI included both text and photos, Clegg said. Interactions with Meta AI may also be used to improve the features going forward, the spokesperson said. Clegg said Meta imposed safety restrictions on what content the Meta AI tool could generate, like a ban on the creation of photo-realistic images of public figures.
Persons: Mark Zuckerberg, Carlos Barria, Meta, Global Affairs Nick Clegg, We've, Clegg, Bing, Mickey Mouse, Katie Paul, Kenneth Li, Matthew Lewis, Lincoln Organizations: Meta, REUTERS, MENLO, Facebook, Reuters, Global Affairs, Google, Microsoft's, Thomson Locations: Menlo Park , California, U.S, , California
Meta's AI initiatives are likely to be a key aspect of how it monetizes products and services going forward, while bringing more users and customers into the AI fold. Whereas Meta's headset is priced for mass-market adoption, Apple's headset is clearly a premium device targeted to those who demand the most cutting-edge technology — such as micro-OLED lenses with eye-tracking capabilities . Similarly, JMP Securities argued that the event "highlights Meta's AI tailwinds," which could "unlock additional advertising budgets with new chat-based customer service." Meanwhile, we expect adoption of Meta's Quest 3 hardware to grow. But the integration of the Meta AI assistant into that platform should ultimately make the glasses a more valuable product over time.
Persons: Ray Ban, Jim Cramer, Bing, Ray, Meta, Jim Cramer's, Jim, Mark Zuckerberg, Josh Edelson Organizations: Meta's, Meta, EssilorLuxottica, Apple, Microsoft, JMP Securities, CNBC, AFP, Getty Locations: Menlo Park , California
REUTERS/Carlos Barria/File Photo Acquire Licensing RightsMENLO PARK, California, Sept 28 (Reuters) - Meta Platforms (META.O) used public Facebook and Instagram posts to train its new Meta AI virtual assistant, but excluded private posts shared only with family and friends in an effort to respect consumers' privacy, the company's top policy executive told Reuters in an interview. "We've tried to exclude datasets that have a heavy preponderance of personal information," Clegg said, adding that the "vast majority" of the data used by Meta for training was publicly available. He cited LinkedIn as an example of a website whose content Meta deliberately chose not to use because of privacy concerns. Meta AI was the most significant product among the company's first consumer-facing AI tools unveiled by CEO Mark Zuckerberg on Wednesday at Meta's annual products conference, Connect. The public Facebook and Instagram posts that were used to train Meta AI included both text and photos, Clegg said.
Persons: Mark Zuckerberg, Carlos Barria, Meta, Global Affairs Nick Clegg, We've, Clegg, Bing, Mickey Mouse, Katie Paul, Kenneth Li, Matthew Lewis Organizations: Meta, REUTERS, MENLO, Facebook, Reuters, Global Affairs, Google, Microsoft's, Thomson Locations: Menlo Park , California, U.S, , California, Menlo Park, California
New York CNN —Meta is moving forward in its efforts to dominate the AR world with the new and improved Meta Quest 3. Unveiled by CEO Mark Zuckerberg at the company’s virtual Meta Connect event Wednesday, the headset starts at $500 and is a complete redesign of earlier models. The Meta Quest 2 allows for strictly virtual reality, while the Meta Quest Pro has advanced passthrough cameras for seeing your actual surroundings, but it costs a whopping $1,000. Meta CEO Mark Zuckerberg unveils the Meta Quest 3 at Meta Connect in Menlo Park, California, on September 27, 2023. To get ahead of Apple’s June unveiling of the Vision Pro, Zuckerberg teased the Meta Quest 3 just days before its rival’s big announcement.
Persons: Mark Zuckerberg, ” Zuckerberg, Zuckerberg, Meta, Morgan Stanley Organizations: New, New York CNN, Meta, Pro, Meta Connect, Facebook, Quest, Apple Vision, Vision, Street, IDC, Apple Locations: New York, Menlo Park , California
Mark Zuckerberg is set to talk about AI and the new Quest 3 on Wednesday at Meta Connect. Meta's developers are working on AI, but the team will have to compete with ChatGPT. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Much like tech peers Google and Microsoft, Meta has long had a big research team of computer scientists devoted to advancing AI technology. But it's been overshadowed as the release of ChatGPT sparked a rush to profit off of "generative AI" tools that can create new prose, images, and other media.
Persons: Mark Zuckerberg, , TikTok, Yoram Wurmser, Zuckerberg, Meta, it's, ChatGPT Organizations: Meta Connect, Facebook, Service, , giant's, Meta, Google, Microsoft Locations: , California
Meta has new artificial intelligence tools and celebrity-endorsed digital assistants that CEO Mark Zuckerberg hopes will help eventually help jumpstart the metaverse. Zuckerberg showed off the AI software as well as the company's new Quest 3 virtual reality headset and latest Ray-Ban smart glasses on Wednesday at Meta's Connect conference for VR developers at its headquarters in Menlo Park, California. Zuckerberg also introduced new AI-powered editing tools coming next month to Instagram that will let users alter their photos and pictures with written prompts. He showed in a demonstration how various prompts could modify one of his childhood photos to picture the young executive wearing an ugly sweater in one image and sporting blue hair in another. Powering the new AI tools is the company's Emu computer vision model, which Zuckerberg characterized as a kind of sibling technology to its Llama family of language-generating software.
Persons: Meta, Mark Zuckerberg, Zuckerberg, Messenger, it's Organizations: Meta's, VR Locations: Menlo Park , California
Meta CEO Mark Zuckerberg delivers a speech, as a pair of Ray-Ban smart glasses appear on screen, during the Meta Connect event at the company's headquarters in Menlo Park, California, U.S., September 27, 2023. AI CHATBOTS, STICKERSMeta unveiled more than two dozen chatbots that will work within its social media applications. The company announced Meta AI Studio, a platform for developers to build custom AI chatbots. RAY-BAN SMART GLASSESMeta announced new generation Ray-Ban smart glasses, priced at $299. The smart glasses will also have Meta AI built in, with the ability to give information on the item a user is looking at.
Persons: Mark Zuckerberg, Carlos Barria, Snapdragon, Meta, Microsoft's Bing, Bear Grylls, Chloe Kim, Josh Richards, RAY, Yuvraj Malik, Shounak Dasgupta Organizations: Meta, REUTERS, Gaming, Facebook, United States, Thomson Locations: Menlo Park , California, U.S, WhatsApp, United, Bengaluru
“We expected a similar yield,” Dr. Town said. The better-than-predicted result indicates that with a few tweaks, laser fusion can become markedly more efficient. “It was a little bit surprising that we did not achieve ignition on all of them,” Dr. Town said. Instead of laser energy arriving perfectly balanced to compress the hydrogen fuel capsule, a slight imbalance nudges the capsule off in one direction. “If you can couple effectively more energy to the hot spot, you should get more yield,” Dr. Town said.
Persons: , , Siegfried Glenzer Organizations: TNT, Livermore, Accelerator Laboratory Locations: Menlo Park, Calif, Livermore
Robinhood is laying off more employees and reorganizing teams as part of a new focus on credit cards as the company tries to mitigate a shrinking user base, insiders say. In June, Robinhood announced plans to acquire no-fee credit card startup X1 for $95 million. Credit cards are much higher-margin products than stock-trading and generally less exposed to volatile markets. X1 and Robinhood's future in credit cards were the focus of the company's last all-employee meeting, the person said. The layoff was widely reported, but audio of an all-hands meeting reviewed by Insider recently showed ongoing cuts have been deeper .
Persons: Robinhood, we've, Vlad Tenev, Tenev Organizations: Robinhood, JPMorgan, Menlo, Say Technologies, TechCrunch Locations: , California
The absurd hat-phone, a particularly uncool version of the future, contained a secret tool known only to a small group of employees. The room went silent; the demo was underway. Mr. Leyvand turned toward a man across the table from him. Two seconds later, a robotic female voice declared, “Zach Howard.”“That’s me,” confirmed Mr. Howard, a mechanical engineer. But when the phone started correctly calling out names, he found it creepy, like something out of a dystopian movie.
Persons: Tommer Leyvand, Leyvand, , “ Zach Howard, , Howard Organizations: Mr Locations: Menlo Park, Calif
A logo of Meta Platforms Inc. is seen at its booth, at the Viva Technology conference dedicated to innovation and startups, at Porte de Versailles exhibition center in Paris, France June 17, 2022. REUTERS/Benoit Tessier Acquire Licensing RightsCompanies Meta Platforms Inc FollowSept 8 (Reuters) - A U.S. federal judge said Meta Platforms (META.O) must face a lawsuit claiming that it violated the medical privacy of patients who were treated by hospitals and other healthcare providers that used its Meta Pixel tracking tool. According to the plaintiffs, Meta Pixel provided sensitive information about their health to Meta when they logged into patient portals, where the tracking tool had been installed, enabling Meta to make money from targeted advertising. When the litigation began in June 2020, lawyers for one plaintiff said they had found at least 664 hospitals and other healthcare providers that used Meta Pixel. The case is In re Meta Pixel Healthcare Litigation, U.S. District Court, Northern District of California, No.
Persons: Benoit Tessier, William Orrick, Meta, Orrick, John Doe, Jane Doe, Jonathan Stempel, Jason Neely Organizations: Meta, Inc, Viva Technology, Porte de, REUTERS, U.S, Facebook, Menlo, Healthcare, Court, Northern District of, Thomson Locations: Porte, Paris, France, San Francisco, California, Menlo Park , California, Northern District, Northern District of California, New York
The 43-page document paints a disturbing picture of failures at the homes in Menlo Park and Paramus where dozens of deaths occurred early in the outbreak. “Even by the standards of the pandemic’s difficult early days, the facilities were unprepared to keep their residents safe,” the report said. The facilities are operated by the state’s Department of Military and Veterans Affairs, each with just over 300 beds. Murphy’s administration came under harsh criticism for his handling of the pandemic in veterans homes, with Republicans calling for investigations into his management of the outbreak. But the actual number of residents who died of COVID-19 was much higher, the report said.
Persons: Phil Murphy, , Murphy, Organizations: U.S Justice Department, U.S . Veterans Affairs, state’s Department of Military, Veterans Affairs, Democratic, Veterans Homes, Justice, Justice Department, DOJ, Menlo, Facility, Paramus Locations: TRENTON, N.J, Menlo Park, Paramus
The logo of Robinhood Markets, Inc. is seen at a pop-up event on Wall Street after the company's IPO in New York City, U.S., July 29, 2021. The Massachusetts Supreme Judiciary Court reversed a lower-court judge's decision in favor of Robinhood in a lawsuit it filed after Massachusetts Secretary of State Bill Galvin in 2020 accused it of encouraging inexperienced investors to place risky trades. Galvin is seeking to have Robinhood's state broker-dealer license revoked. She noted that Galvin deemed the rule necessary "to protect investors confused by the increasingly blurred line between broker-dealers providing investment advice and investment advisers." "The rule that has been upheld by the Supreme Judicial Court today will give the highest protections to Massachusetts investors when brokers provide investment advice," Galvin, a Democrat, said in a statement.
Persons: Andrew Kelly, Bill Galvin, Galvin, Lucas Moskowitz, Robinhood's, Robinhood, stockbrokers, Dalila Wendlandt, Galvin permissibly, Nate Raymond, Jonathan Oatis, Alexia Garamfalvi Organizations: Inc, REUTERS, BOSTON, Court, U.S . Securities, Exchange Commission, Robinhood, Menlo, Thomson Locations: New York City, U.S, Massachusetts, Menlo Park , California, Friday's, Boston
People yelling "pudding fingers!" But even with all of his campaign's recent high-profile mishaps, the pudding rumor remains fresh in the mind of DeSantis' critics. "Pudding fingers!" DeSantis said in an interview at the time that he doesn't remember eating pudding with his fingers, but he welcomes it as an insult. DeSantis' campaign didn't immediately respond to our request for comment about Friday's heckling.
Persons: Ron DeSantis, Jake Lahut, DeSantis, He's, Donald Trump, Vivek Ramaswamy nipping, Piers Morgan, didn't Organizations: Service, Twitter, GOP, Politico, Daily Locations: Wall, Silicon, Florida, Nazi, Menlo , Iowa
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