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Israel has a new war goal, adding to mounting signs that the conflict could soon expand to the country's north as it warned the U.S. that “military action” would likely be the only way to addressing mounting hostilities with Iran-backed militant group Hezbollah. "Israel will continue to act to implement this objective," the prime minister's office said. Noam Galai / Getty Images fileIt added that the defense minister and a number of other senior Israel Defense Forces officials "presented the IDF's operations against Hezbollah forces" to Hochstein. The U.S. and others have voiced fears that an expanded military operation from its ally could spark a broader regional war. But the prime minister’s office told NBC News in a statement on Monday that reports of any negotiations with Sa’ar were “not correct.”
Persons: Benjamin Netanyahu's, Amos Hochstein, Joe Biden, Yoav Gallant, Gallant, Noam Galai, swirled, Netanyahu, Gideon Sa’ar, Sa’ar, Organizations: U.S, Hezbollah, Israeli, Israel Defense Forces, New, NBC News Locations: Israel, Iran, Israel's, Lebanon, Gaza, U.S
Snap on Tuesday announced the fifth generation of its Spectacles augmented reality glasses that can overlay digital graphics onto the physical world. Snap's announcement comes days before rival Meta's Connect event, a conference where Facebook's parent typically unveils its latest hardware. Like Meta, Snap has been trying for years to break into consumer hardware. The previous day Meta reported better-than-expected quarterly results that sent the stock price up 7%. The company has yet to find meaningful success, but Wall Street has afforded Meta patience with Reality Labs because the company's advertising business is thriving.
Persons: Evan Spiegel, OpenAI, Meta's, Leo Gebbie Organizations: Snap Inc, Barker, Tuesday, Meta, Labs, Reality Labs, CCS Insight Locations: Santa Monica , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Snap CEO Evan Spiegel on latest AR glasses, new ad formats and Snapchat app redesignCNBC’s Julia Boorstin with Snap CEO Evan Spiegel, join 'Power Lunch' to discuss it's new product AR glasses, the company's stock plunge, new ad format and more.
Persons: Evan Spiegel, Julia Boorstin
Diddy,’ aka ‘Diddy,’ aka ‘PD,’ aka ‘Love,’ the defendant, abused, threatened, and coerced women and others around him to fulfill his sexual desires, protect his reputation, and conceal his conduct,” the indictment states. The indictment lists eight purposes for Combs Enterprise, including the above-board businesses of operating a media, entertainment, and lifestyle business. Victims and sex workers participated in ‘Freak Offs’The indictment alleges Combs held what he called “Freak Offs,” or elaborate sex performances in which he drugged and coerced victims into extended sex acts with male sex workers. Further, Diddy kept videos he took of his victims engaging in sex acts, sometimes without their knowledge, the indictment states. Meanwhile, the sex trafficking charge is based on allegations against a single, unnamed “Victim-I” from about 2009 up to about 2018, the indictment states.
Persons: Sean “ Diddy ” Combs, Sean Combs, , , ‘ Diddy, Combs, , Diddy, “ Combs, Sean, Casandra Ventura, Cassie, Combs “, Ventura, , Damian Williams, Shannon Stapleton, ’ ” Organizations: CNN, US, Office, of, Bad Boy Entertainment, Combs Enterprise, Reuters Locations: Southern, of New York, Los Angeles, Miami
CNN —Israel has added another objective to its ongoing conflict with Hamas and Hezbollah: ensuring the safe return of residents from communities along its border with Lebanon to their homes. He added that Israel will “do what is necessary” to safeguard the region’s security and return the residents to their homes. Hezbollah has said that it will end its attacks on Israel when Israel ends its war in Gaza. Gallant’s fateThe addition to Israel’s war aims comes amid reports in Israel that Netanyahu plans to replace Gallant with a former rival politician, Gideon Sa’ar. Unlike Gallant, who served for decades in the Israel Defense Forces, Sa’ar is a near lifelong politician.
Persons: CNN —, Benjamin Netanyahu’s, Netanyahu, Amos Hochstein, Yoav Gallant, Hochstein, ” Hochstein, Axios, Israel, Gallant, Gideon Sa’ar, Benny Gantz, Organizations: CNN, Hamas, Hezbollah, Lebanese Ministry of Public Health, Israel Defense Forces Locations: CNN — Israel, Lebanon, Israel, Israel’s, Tel Aviv, , Gaza, Sa’ar’s
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSnap CEO Evan Spiegel: We're on pace for record annual revenue this yearCNBC’s Julia Boorstin with Snap CEO Evan Spiegel, join 'Power Lunch' to discuss it's new product AR glasses, the company's stock plunge, new ad format and more.
Persons: Evan Spiegel, We're, Julia Boorstin
UVALDE, Texas — Relatives and friends of the victims of the Uvalde school shooting shouted “Coward! Gonzales and former school district police chief Pete Arredondo had been in the courtroom a few minutes earlier for the hearing. A Justice Department report said it was possible some children might have been saved had officers gone into the classroom earlier. Gonzales’ attorney had stopped to talk to the media. Gonzales’ attorney told reporters that investigative reports on the shooting by the Justice Department and the Texas House did not suggest prosecuting his client.
Persons: “ Coward, Coward, , Adrian Gonzales, Gonzales, Pete Arredondo, Gonzales ’, Brett Cross, Uziyah Garcia, Arredondo, Cross, , Uziyah, Cazares, Jesse Rizo, Rizo, ” Rizo, Torres ’, Ruben Torres, Christina Mitchell, Mitchell Organizations: Justice Department, Texas House, NBC News, Border Patrol, Judicial, Protection Locations: UVALDE, Texas, Uvalde’s, Arredondo
The FBI investigates the attempted assassination of Donald Trump at his Florida golf club. The speaker’s initial strategy had called for a six-month continuing resolution tied to the SAVE Act, legislation backed by Donald Trump requiring proof of citizenship to vote. It won for best drama series, Hiroyuki Sanada won for best actor in a drama, and Anna Sawai took best actress. Richard Gadd won for best actor in a limited or anthology series or movie, and Jessica Gunning won best supporting actress in a limited or anthology series or movie. “We feel violated.”— Julie Shapiro, managing editor, enterprisePolitics in BriefSpringfield visit: Former President Donald Trump plans to visit Springfield, Ohio, the site of his baseless claims about Haitian immigrants, a source familiar with the planning said.
Persons: Donald Trump, Trump, Eric Thayer, Donald Trump’s, Ryan Wesley Routh, Steven Cheung, Kamala Harris, Mike Johnson, , , Tierney, Johnson, Christopher Polk, “ Shōgun, Hiroyuki Sanada, Anna Sawai, “ Shōgun ”, Jeremy Allen White, Liza Colón, Zayas, Ebon Moss, Bachrach, Christopher Storer, Richard Gadd, Jessica Gunning, NFL Kevin Sabitus, Greg Rosenstein, Vic, Mel l, lea, stu Organizations: FBI, House Republicans, Bloomberg, Getty, Service, NBC News, Secret Service, Trump, Mar, GOP, Getty Images House Republicans, SAVE, Variety, Creative Arts, NFL, AFC, NBC, Uni Locations: Florida, Pennsylvania, West Palm Beach , Florida, Japan, Fra, abo
“It’s a huge turning point in our lives,” said Fischer, who was 6 when a gunman killed 20 first graders and six educators at Sandy Hook Elementary School on Dec. 14, 2012. Emma brown, giffords executive directorSince 2013, at least 122 people have been killed by gunfire in 64 planned school shootings, according to NBC News’ tracker. “We were told this would be what turns everything around,” said Emma Ehrens, 18, who was next to the Sandy Hook gunman as he shot her classmates. “It really breaks your heart a little bit more every time.”A memorial site along a road in Sandy Hook after the mass shooting at Sandy Hook Elementary School in Newtown, Conn., in 2012. Since Sandy Hook, states have passed more than 620 gun safety laws, Brown said.
Persons: Grace Fischer, Fischer, It’s, , Henry Terifay, Lilly Wasilnak, Matt Holden, Harris, Lawrence Jackson, Emma Brown, Giffords, Gabby Giffords —, ” Brown, Trump, Emma, giffords, Emma Ehrens, Sandy, Sandy Hook, Lisa Wiltse, Kamala Harris, , you’ve, ” Harris, Ella Seaver, Donald Trump, JD Vance, “ We’ve, they’re, ” Vance, Vance, Biden, JT Lewis, Jesse, ” Lewis, Brown, Joe Biden, Holden, ” Wasilnak Organizations: Sandy Hook Elementary, Sandy Hook Elementary School, White, Las, NBC News, Apalachee High, Johns Hopkins Center for Gun Violence Solutions, Getty, Republican, National Rifle Association, , Federal School Safety Commission, Safer Communities Locations: Sandy, Newtown , Connecticut, U.S, Newtown, Conn, Ohio, Phoenix
Two Uvalde school police officers accused of failing to act were indicted this summer and have pleaded not guilty. Finally, at 12:50 p.m., a group led by a Border Patrol tactical team entered one of the classrooms and fatally shot the gunman. “We’ve expected certain outcomes after these investigations, and it’s been letdown after letdown,” said Rizo, who is on the Uvalde school board. Former Uvalde school Police Chief Pete Arredondo and former school officer Adrian Gonzales have pleaded not guilty to multiple charges of child abandonment and endangerment. Victims’ families have filed a $500 million federal lawsuit against law enforcement who responded to the shooting.
Persons: , , Jesse Rizo, Jacklyn Cazares, hadn’t, “ We’ve, it’s, Rizo, Pete Arredondo, Adrian Gonzales, Arredondo Organizations: Border Patrol, Department of Homeland Security’s, Robb Elementary School, Patrol, . Justice Department, Police Locations: Uvalde , Texas, Texas, South Texas
A grueling manhunt for the suspect wanted in a highway shooting spree stretched into its fifth day as authorities said they believe he retreated deep into a forested swath of southeastern Kentucky with no indication he has fled elsewhere. “There’s so many people that have eyes on this investigation around the world that now we should have gotten a pretty good tip that he exited the woods,” Pennington told reporters 72 hours into the operation. Amid the search, authorities went to his home in Woodbine, about 23 miles from the shooting site, to collect evidence. The search by foot remains daunting, Pennington said, as temperatures have stayed above 80 degrees during the day. “I hope he doesn’t have water, and I hope he doesn’t have food," Pennington said at a news conference Tuesday.
Persons: Joseph A ., Couch, Scottie Pennington, , , “ I’m, ” Couch, Gilbert Acciardo, ” Acciardo, Daniel Boone, ” Pennington, London Mayor Randall Weddle, Pennington Organizations: Army, Kentucky State Police, Toyota, . Forest Service, Daniel Boone National, Target Firearms, NBC, Army Reserve, London Mayor, NBC News Locations: Kentucky, Laurel County, London, Laurel, Daniel Boone National Forest, Woodbine
“Colt Gray brought the gun into the school on his own. The assault-style rife could not be broken down, but Gray hid it in his backpack,” the bureau said Thursday. Republican wants new gun safety measuresAt least 389 mass shootings have taken place so far this year, according to the Gun Violence Archive, which defines mass shootings as those in which four or more victims are shot. That’s an average of more than 1.5 mass shootings every day. In light of the Apalachee High School killings, Georgia House Speaker Jon Burns called for new gun safety and mental health measures in a letter to fellow Republicans.
Persons: Gray, “ Colt Gray, “ Gray, ” Gray, Colin Gray, , Colt Gray, Jon Burns, , ” Burns, Burns, Gloria Butler, CNN’s Jamiel Lynch Organizations: CNN, Apalachee High School, Georgia Bureau of Investigation, Republican, Apalachee, Georgia House Republican Caucus, Democratic, Georgia State Capitol Locations: Georgia, Winder , Georgia, Barrow County
Here are Wednesday's biggest calls on Wall Street: Goldman Sachs downgrades Morgan Stanley to neutral from buy Goldman said it sees better value elsewhere than Morgan Stanley. Goldman Sachs upgrades Evercore to buy from neutral Goldman said the investment banking firm is "best in class." JPMorgan reiterates Nvidia as overweight JPMorgan said stocks such as Nvidia are "strong beneficiaries in the emerging AI arms race." Morgan Stanley reiterates Arm as a top pick Morgan Stanley said it's sticking with its overweight rating on the semiconductor chip company. Bank of America reiterates Apple as buy Bank of America said it's standing by its buy rating on shares of Apple.
Persons: Goldman Sachs downgrades Morgan Stanley, Goldman, Morgan Stanley, Goldman Sachs, Rosenblatt, Canaan, Jefferies, Williams, Guggenheim, it's, orals, it's bullish, Bernstein, Robinhood, Wells, Shopify, Truist, Wolfe Organizations: NASDAQ, JPMorgan, Viking Therapeutics, Citi, Apollo Global Citi, APO, U.S, " Bank of America, Novartis, Bank of America, Nvidia, Apple, Spotify, Disney, AES, ~$ Locations: Canaan, Williams, Sonoma, 2030E
They were interviewed after threats about a school shooting were posted online. His father, Colin Gray, 54, is the first parent in Georgia to be prosecuted after a child was accused in a school shooting. On Wednesday, the day of the shooting, the FBI and the Jackson County Sheriff’s Office released a statement noting that the teen had previously been interviewed over a school shooting threat. "She took my younger two and went back home with her momma," Colin Gray told the investigator. Authorities have made no connections between that weapon and last week's school shooting, but they did say the weapon used was based on the AR-15 platform.
Persons: Colt Gray, Colin Gray, Dan Miller, Justin Elliott, Winder, momma, Colt, Miller, Mason Schermerhorn, Christian Angulo, Richard Aspinwall, Cristina Irimie Organizations: Apalachee High School, Sheriff's, FBI, Sheriff’s, Sheriff's Office, ” Investigators, Authorities, Apalachee Locations: Georgia, Winder, Jackson County, Winder , Ga, Jackson
(CNN) — Marcee Gray was 200 miles away from Apalachee High School in Winder, Georgia, when her gut told her something was not right. It was Wednesday morning – before the shooting at the school that killed two students and two teachers. Marcee Gray told ABC News she hadn’t spoken to her son since the shooting. Marcee Gray told CNN in a text Wednesday she is set to speak with Barrow County investigators on Thursday. Warning signs before tragedyMarcee Gray’s call to Apalachee High was not the only warning made that Wednesday morning.
Persons: — Marcee Gray, Colt Gray, “ I’m, , Colt, ” Marcee Gray, , Charles Polhamus, Marcee, Marcee Gray, Jesus, , It’s, ” Colt Gray, Colin Gray, Dallas LeDuff, Gray, Lyela Sayarath, , Gray –, Sayarath, Rabecca Sayarath, Jud Smith, ” Colin Gray Organizations: CNN, Apalachee High School, ABC News, Georgia Bureau of Investigation, Associated Press, FBI Locations: Winder , Georgia, Fitzgerald , Georgia, Winder, Georgia, Barrow, Apalachee, ” Barrow, ” Barrow County, Barrow County, Jackson County
They Laurel County Sheriff’s Office identified them Monday as Rebecca Puyear, Norma Liberia, Renee Walker, Janet Booth and Erick Tavin. Couch has been charged with five counts of attempted murder and five counts of first-degree assault, according to an arrest warrant. Couch had served in the Army Reserve and suffered from post-traumatic stress disorder, Weddle told NBC News on Monday. An AR-15, believed to have been used in the shooting, was found near Couch’s vehicle, which was found near the scene Saturday night. Investigators interviewed the woman Sunday, and she showed a screenshot of that text that read, in part, “I’m going to kill a lot of people.
Persons: Joseph A ., , Rebecca Puyear, Norma Liberia, Renee Walker, Janet Booth, Erick Tavin, Couch, , Jackie Steele, London Mayor Randall Weddle, Weddle, Timothy D, Laurel, “ I’m, , didn't, Sheriff’s Capt, Richard Dalrymple, Sheriff John Root, Joseph, Steele, ” Weddle Organizations: Sheriff’s Office, Judicial, NBC News, London Mayor, Army Reserve, NBC, Dispatch, Easley, Sheriff, Kentucky State Police, Army, Reserve, Laurel County Public Schools, White Locations: Kentucky, London, Laurel, Livingston, Ky, Laurel County
These regional powers are betting they can build an expendable air force without the massive costs of aircraft carriers, fighter jets and pilots trained to fly them. Naval experts agree that drone ships represent new possibilities while pointing out that these ships fall far short of the aircraft carriers and amphibious assault ships that top navies sail. Turkey developed the Bayraktar TB3 naval drone for the Anadolu and claims the unmanned Kizilelma fighter jet it is developing could also operate from it. Although far from the might and versatility of flattops, these vessels enhance Turkey and Iran's respective capabilities to project naval power. These drone-carriers also have inherent shortcomings when compared to aircraft carriers and amphibious assault ships in other navies.
Persons: , Bryan Clark, Recep Tayyip Erdogan's, Shahid, Shahid Bagheri, Shahid Mahdavi, Diego Garcia, IRGC, Emin Sansar, Shaul Chorev, Chorev, Clark, Andrew, Woody, Lewis, who's, Iran's Organizations: Service, Hudson Institute, Business, TCG Anadolu, Anadolu, Iran's Revolutionary Guard Corp, Getty, US Navy, Maritime Policy, Research, Israeli National Center of Blue, Israeli Navy, Iranian, IRIN, Islamic Republic of Iran Navy, Center for, US 2nd Fleet Locations: Turkey, Iran, Ankara, Turkish, Soviet, Diego, Anadolu, Iranian Navy, Islamic Republic of Iran, US
Meta said it's shutting down its augmented-reality studio Spark early next year. The feature allows AR developers to make custom effects for apps like Instagram and Facebook. AR effects have become a mainstay of the short-video era, driving trends on TikTok and Snapchat. AdvertisementMeta is shutting down its augmented-reality studio, Spark, a feature that allowed AR developers and brands to make custom effects for Instagram and Facebook. The company will continue to make its own AR Effects available to users, but will remove filters created by third-party developers, it said.
Persons: Meta, Organizations: Facebook, Service, Business
Read previewIn addition to its suite of consumer-facing AI offerings like Meta AI, Facebook's parent company also has its an internal tool for employees. She said she uses the tool "all the time for efficiency gains," — and companies that don't have their own internal AI tool are "already behind the curve." Any sizable company operating without an internal AI tool is already behind the curve. The company's internal AI tool, which is called VaultBot, answers "around 32% of all engineering questions," according to a company announcement from January. Other big tech giants are also developing internal AI tools alongside consumer-facing products.
Persons: , Alex Heath, Mark Zuckerberg's, Heath, Esther Crawford, that’s, Esther Crawford ✨, Crawford, Kaz Nejatian, EY, PwC, Banks, Goldman Sachs Organizations: Service, Business, Elon, Twitter, Meta, KPMG, McKinsey, QuantumBlack, JPMorgan, OpenAI, Bain & Company Locations: Meta
A pair of Secret Service counter snipers, dubbed Hercules 1 and Hercules 2, surveilled the crowd from directly above and behind the stage. He radioed the local command post controlled by Butler County law enforcement and notified them of the kid with the rangefinder. “I can’t believe that the Secret Service hasn’t talked to any of our people,” he said prior to Friday’s reach out. In a different location, the Secret Service and state police set up another command post. New video reveals frustrationNicols, Woods, Young and other Beaver County officers weren’t the only ones to express concerns about the Secret Service planning.
Persons: Butler, Donald Trump’s, Greg Nicol, Trump, ” Nicol, Nicol, Thomas Matthew Crooks, , Pat Young, , – Nicol, Jason Woods, Butler County’s, , Woods, ” Woods, Crooks, Donald Trump, Brendan McDermid, AGR, Someone’s, Young, Puy, didn’t, Nate Bible, – Young, hasn’t, couldn’t, Anthony Guglielmi, ” “, ” Guglielmi Organizations: Pennsylvania CNN, CNN, Service, Beaver County SWAT, Secret Service, Glass Research, Secret, Trump, Authorities, Reuters, Pennsylvania State Police, Washington Post, FBI, Post, Army National Guard, CNN Secret Service, Attorney, ABC, Police Department, Butler, Police Locations: Pennsylvania, Butler , Pennsylvania, Pittsburgh, Butler, Butler County, , Beaver County, AGR, Beaver, Iraq, Beaver , Pennsylvania, Majlie, Puy Kamp, Washington, U.S
The same Chinese brokers who were laundering fentanyl proceeds were now heavily involved in marijuana trafficking across the U.S. as well. Over the past decade, Chinese organized crime groups in the U.S. quietly became the dominant money launderers for Mexican cartels. Since 2023, federal prosecutors have charged at least 31 people linked to Chinese groups accused of laundering cartel drug money. In the ensuing months, the team began to understand for the first time how the Chinese became the Mexican cartels’ go-to money launderers. The Chinese money brokers then arrange for the cartels to receive the equivalent amount in pesos or cryptocurrency in Mexico.
Persons: Ray Donovan, Joaquin “ El Chapo ” Guzman, Guzman, Donovan, , Michael Mezner, , I’ve, El Chapo, ” Donovan, , Christopher Urben, “ They’ve, Dennis Wilder, ” Wilder, Urben, ” Urben, Bill Bodner, Vanda Felbab, Brown, , They’re, Xi Jinping Organizations: Attorney’s, Central, Central District of, U.S, Division, CIA, Ministry of State Security, U.S ., National Intelligence, National Security Council, Los, Singapore —, Brookings Institution, Operations Division, DEA, Citibank Locations: U.S, East, China, El, Sinaloa, Pasadena, Calif, Central District, Central District of California, Virginia, United States, CJNG, propping, Los Angeles, San Francisco and New York, Asia, Australia, Singapore, New York, Chicago, Miami, Mexico, Los Angeles County . U.S, Guangzhou, America
Trenton, New Jersey AP —New Jersey’s ban on the AR-15 rifle is unconstitutional, but the state’s cap on magazines over 10 rounds passes constitutional muster, a federal judge said Tuesday. “Bans on so-called ‘assault weapons’ are immoral and unconstitutional. He added: “We look forward to pressing our arguments on appeal.”Several challenges to state assault weapons bans have cited the Bruen decision. A gun rights group has challenged Connecticut’s landmark 2013 gun control law, passed after the Sandy Hook Elementary School shooting, that bans assault weapons, including certain AR-15-style rifles and large capacity magazines. The state’s assault weapons ban dates to 1990 and includes various other weapons, but Sheridan focused on the Colt AR-15, citing the plaintiffs’ concentration on that weapon in their court filings, and the law specifying that make of the rifle.
Persons: Peter Sheridan’s, Sheridan’s, Sheridan, , Sandy, , Brandon Combs, Matt Platkin, Phil Murphy, Murphy, ” Murphy Organizations: Trenton , New Jersey AP, District of Columbia, Elementary, Firearms Policy Coalition, New, Sandy, National Association for Gun Rights, Democratic Gov Locations: Trenton , New Jersey, Jersey’s, New York, Los Angeles, Newtown , Connecticut, United States, New Jersey
Read previewThe Houthis' unprecedented July 19 drone attack against Tel Aviv from Yemen caught Israelis by surprise, piercing the country's battle-tested defenses and exposing vulnerabilities that the Yemen-based rebels were ready and willing to exploit. "This confirms that technology alone, even for one of the most advanced air defense systems in the world, is not enough to provide effective protection," Borsari said. "Firstly, the advanced Houthi drone was launched for the first time, following an atypical flight path that likely caught the Israelis off guard," Khoueiry told BI. Houthi Media Center via Getty Images'A more cunning approach'Following the deadly attack, the Israeli military promptly increased air patrols to protect Israeli airspace. "This means integrating low-tier air defense capabilities at scale, combining different types of effectors with an eye on cost-effectiveness," Borsari said.
Persons: , Federico Borsari, Israel, Samad, Borsari, Freddy Khoueiry, RANE, Khoueiry, Yemen's, Sebastien Roblin, Roblin, harry IDF, CEPA's Borsari, Dome's Tamir, Tamir, RANE's Khoueiry Organizations: Service, Tel, Center for, Business, Eritrean, Technology, Houthi Media, Getty, Hodeidah, Red Sea, BI, Jordanian, US Navy, Navy Locations: Tel Aviv, Yemen, Red, Israel, Jordan, Egypt, Saudi Arabia, East, North Africa, Eilat, Iran, Gulf of Aden, Gaza, Eritrea, Sudan, Saudi
While there are still concerns about the company's aggressive AI spending, we believe these investments will pay off in the long run. Both trends were cited as the main drivers behind Meta's revenue outperformance in the quarter. Zuckerberg added that AI is opening the door to new experiences and opportunities, especially with Meta AI, which is powered by the company's large language model that is often referred to as Llama. Zuckerberg said he believes Meta AI will be the most used AI assistant in the world by year end. Management now sees capex in the range of $37 billion to $40 billion, up from its prior range of $35 billion to $40 billion.
Persons: China's ByteDance, — Zuckerberg, Zuckerberg, we'll, Ray, Jim Cramer's, Jim Cramer, Jim, Mark Zuckerberg Organizations: Revenue, LSEG, China's, Meta, Investment, Facebook, Realty Labs, VR, Management, CNBC, Press, AFP, Getty Locations: United States, U.S, Tokyo
A visitor wears a virtual reality headset Meta Quest as he takes part in an immersive experience stand during the Viva Technology show at Parc des Expositions Porte de Versailles on May 24, 2024 in Paris, France. As part of the company's second-quarter earnings report on Wednesday, Meta's Reality Labs unit, which houses augmented and virtual reality technologies, recorded an operating loss of $4.48 billion. In September, Meta debuted the Quest 3 VR headset, which has a starting price of $499. Zuckerberg has pointed to advances in artificial intelligence and related large language models as improving the capabilities of smart glasses. Meta's second generation of smart glasses went on sale in October with a starting price of $299.
Persons: Porte de Versailles, StreetAccount, Mark, Meta, Ray, Ban, Zuckerberg, Francesco Milleri Organizations: Viva Technology, Parc, Labs, Reality Labs, Apple, CNBC, Meta Locations: Paris, France, China
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