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Zuckerberg's reveal of Orion late last month has triggered a level of enthusiasm that's unfamiliar in the metaverse. He showed off the gadget — a pair of black, thick-framed AR glasses — to the live audience before placing it on his face. In the meantime, Meta is looking to build on the success of its second-generation Ray-Ban Meta smart glasses. The smart glasses went viral on TikTok during the holiday shopping season, and sales exceeded both companies' expectations. Meta is also opening a pop-up shop to showcase the smart glasses and to get them in front of more consumers.

Persons: Mark Zuckerberg, Manuel Orbegozo, Zuckerberg, Orion, CNBC's Julia Boorstin, Alex Heath, Pong, Ray, Meta, it's, Meta's, Oculus, Michael Abrash, Sara Nicholson, Andrew " Boz, Bosworth, who's, Joseph Bonner, Bonner, Luxottica Organizations: Meta, Reuters, Facebook, Ray, Orion, Quest, Wall, VR, Reality Labs, Labs, IDC, CNBC, . Engineers, Argus Research, EssilorLuxottica, Solutions, West Hollywood Locations: Menlo Park , California, U.S, Los Angeles, West, Southern California

☆ There are 3 signs that generative AI might be reaching peak market froth — and it's not just OpenAI
▼ + stars: | 2024-10-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +8 min

There are signs across AI models, chips, and new form factors that the market is getting frothy. Investors spent the summer wondering if top AI stocks could continue to justify soaring valuations in the face of absent returns from their massive AI spending. Now, signs have emerged that they're not yet done with generative AI mania. OpenAI reaches dizzying new heightsSam Altman's OpenAI secured a $157 billion valuation after raising $6.6 billion in its latest funding round. In short, a lossmaking startup must justify its $157 billion valuation.

Persons: Cerebras, —, Andrew Feldman, Ramsey Cardy Cerebras, here's, Abu, Cerebras —, Altman's OpenAI, OpenAI, Elon Musk's xAI, OpenAI's, Ilya Sutskever, Gary Marcus, OpenAI's Sam Altman, David Sacks, Darius Rafieyan, Mira Murati, Mark Zuckerberg, Andrej Sokolow, frothiness, Jensen Huang, Alex Heath, Rahul Prasad, Snapchat Organizations: Nvidia, Service, Investors, Microsoft, Saudi Aramco, Bloomberg, OpenAI, LLMs, Financial Times, Anthropic, Craft Ventures, Tiger Global, The New York Times, Getty, company's Connect, Meta, Orion Locations: Sunnyvale, Abu Dhabi, Silver, Saudi, Silicon Valley, —

☆ I tried out Meta's Orion computer glasses. I'd buy them in a heartbeat — if they were actually for sale.
▼ + stars: | 2024-09-25 | by ( Peter Kafka | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. More important: Unlike other face-computing tech I've tried over the years — Google's Glass, Apple's Vision Pro, Meta's own line of Quest goggles — this is one I can actually imagine buying, and using, in real life. Meta's Orion glasses can serve many of the same purposes as a smartphone. Meta's Orion glasses are connected to a wristband that reads muscle movements. If Orion, or any other device Meta makes, becomes the future of computing, then Zuckerberg can operate his business on his devices.

Persons: —, Mark Zuckerberg, Alex Heath, I've, Orion, who's, Meta Orion, It's, Zuckerberg, Meta, he's Organizations: Service, Orion, Business, Meta, Apple, Google

☆ Meta director who used to work for Elon Musk says companies without an internal AI tool are 'already behind the curve'
▼ + stars: | 2024-08-19 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

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

☆ Google 'personifies' the culture shift happening across corporate America: The Verge's Alex Heath
▼ + stars: | 2024-04-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGoogle 'personifies' the culture shift happening across corporate America: The Verge's Alex HeathAlex Heath, The Verge deputy editor, and Joanne Lipman, Yale University lecturer, join 'Squawk Box' to discuss the fallout from Google's firing of 50 employees after protests at company offices over a cloud computing deal with Israel, the broader shift in work culture across Big Tech and corporate America, FTC's ban on noncompete clauses, and more.

Persons: Alex Heath Alex Heath, Joanne Lipman Organizations: Google, Yale University, Big Tech Locations: America, Israel

☆ It's hard to compete with Elon Musk when recruiting AI talent, CEO says
▼ + stars: | 2024-03-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Perplexity CEO Aravind Srinivas said Elon Musk's xAI is stiff competition in the recruiting space. The AI CEO said Musk's company offers the highest compensation at the moment. Aravind Srinivas, the CEO of the AI company Perplexity, said it can be difficult to compete with the Tesla CEO when recruiting. Musk launched his own AI startup, xAI, last year and Srinivas said it has since become one of the highest-paying companies for AI talent — on par with OpenAI. In January, Financial Times reported that Musk's AI venture was in talks to raise $6 billion at around a $20 billion valuation.

Persons: Aravind Srinivas, Elon Musk's, It's, —, Elon Musk, Tesla, Musk, Srinivas, OpenAI, Alex Heath, Perplexity, Heath, OpenAI's ChatGPT, xAI's, Patrick Collison, Collison, Srnivas, he'd, Mark, Fortune, X Organizations: Service, OpenAI, Street Journal, Financial Times, xAI, TechCrunch, Twitter, SpaceX, Musk .

☆ Google's Gemini firestorm shows the risks of the company's race to catch up with its AI rivals
▼ + stars: | 2024-03-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The company has been defending itself against fierce backlash sparked by its AI chatbot's image-generating feature. The product has landed Google at the center of what was described in some circles as a "woke" culture war. AdvertisementGoogle's 'Gemini era' is all about GPT-4Pichai claimed late last year Google was entering its "Gemini era." The model is widely seen as the company's answer to OpenAI's GPT-4, a product heavily backed by Microsoft and already powering many of the company's AI products.

Persons: —, execs, Critics, Andrés, Sergey Brin, Sundar Pichai, Brin, Alex Heath, Heath, Pichai, OpenAI's, Google's Bard, Bing, Gvirtz, Sandra Wachter, Wachter Organizations: Service, Google, Business, Big Tech, King's Business School, Engineers, Gemini, Microsoft, chatbots, Financial, Oxford Internet Institute

☆ Wait. Why is Reddit losing so much money?
▼ + stars: | 2024-02-27 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Last year, according to Reddit's newly filed IPO documents, the company generated $804 million in revenue and lost nearly $91 million. But it's still a lot of money to lose selling a free product. AdvertisementOne big, obvious answer: It has been hiring a lot of engineers and spending a lot of money on their salaries. (Note: There are some dumb stories floating out there about Reddit CEO Steve Huffman getting paid $193 million last year. The best argument I can make in their defense is that Reddit is still adding a lot of users and that more users equals more ad money.

Persons: —, it's, Condé Nast, that's, Steve, Greg Doherty, Steve Huffman, Elon Musk, Reddit, they're, Alex Heath Organizations: Service, Facebook, Business, Twitter, Google

☆ Google CEO Sundar Pichai says the tech giant's staff must brace for more job cuts in 2024
▼ + stars: | 2024-01-18 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +1 min

Google CEO Sundar Pichai wrote in an internal memo that there'll be more "role eliminations" in 2024. The tech giant laid off hundreds of staff working on its devices and services in January. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGoogle CEO Sundar Pichai says there will be more layoffs at the search giant in 2024.

Persons: Sundar Pichai, —, Pichai, Alex Heath Organizations: Google, Service, Business

☆ Sam Altman says he feels 'selfishly' good about having gotten ousted from OpenAI
▼ + stars: | 2023-11-30 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

"I learned that the company can truly function without me," Altman told The Verge's Alex Heath. Altman told Heath that this meant he's either "picked great leaders" or "mentored them well." "I learned that the company can truly function without me, and that's a very nice thing," Altman told Heath in a phone call on Wednesday. Altman told Heath that his first reaction to being asked by the board to return as OpenAI's CEO was "sort of one of defiance." Advertisement"It was like, 'Man, I'm hurt and angry, and I think this sucks,'" Altman told Heath.

Persons: Sam Altman, Altman, Alex Heath, Heath, —, OpenAI, wasn't Organizations: Service, Business Insider Locations: OpenAI

☆ Mark Zuckerberg says he never expected people to be walking around wearing VR headsets — that's what the Ray Ban glasses are for
▼ + stars: | 2023-10-26 | by ( Nidhi Pandurangi | Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Zuckerberg said a world full of people walking around in VR headsets is "certainly not the future that I'm hoping we get to." Instead, his goal is for the AR glasses to become a smart phone replacement. "That's certainly not the future that I'm hoping we get to," Zuckerberg told neuroscientist and podcast host Andrew Huberman during an episode of Huberman's show that aired on Monday. In the conversation, Zuckerberg said he viewed Meta's new Quest 3 VR headsets as a successor to people's desktop-based workstations. Last year, one former Meta employee told the Verge's Alex Heath that Zuckerberg's ego is intertwined with the glasses.

Persons: Mark Zuckerberg, Priscilla Chan, Andrew Huberman, Zuckerberg, —, that's, That's, he's, Huberman, Meta's, hasn't, Alex Heath, Heath Organizations: Service, company's Connect, Reality Labs, Meta

☆ Linda Yaccarino tried to show the X app on her phone during her car-crash interview. It didn't appear to be there.
▼ + stars: | 2023-09-29 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +2 min

Linda Yaccarino apparently doesn't have the X app on her home screen. AdvertisementAdvertisementElon Musk might run X from his phone ; Linda Yaccarino, on the hand, might not. She doesn't even appear to have the X app on her iPhone home screen at all. At least that's what a newly surfaced video of the X CEO's car-crash interview at Code Conference appears to show. During a bizarre segment, Yaccarino waved her phone screen to attendees as a way of symbolizing X.

Persons: Linda Yaccarino, Instagram, —, Elon, Yaccarino, Alex Heath, CNBC's Julia Boorstin, Musk Organizations: Conference, Facebook, Service

☆ Mark Zuckerberg said Twitter, now X, is less likely to maximize its potential now with Elon Musk behind the wheel
▼ + stars: | 2023-09-28 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Meta released Threads in July that would compete with Elon Musk's X, formerly Twitter. Mark Zuckerberg and Musk have also sparred with each other online, talking about a cage match. In an interview with The Verge, Zuckerberg questioned the direction Musk was taking X. AdvertisementAdvertisementMark Zuckerberg doesn't appear to have too much faith in Elon Musk's handling of Twitter. So it just didn't seem like they were on the trajectory that would maximize their potential," he told The Verge.

Persons: Elon Musk's, Mark Zuckerberg, Zuckerberg, Musk, —, Alex Heath, Elon Organizations: Elon, Service, Twitter, Meta

☆ Threads is looking for people who tried Twitter and hated it, not Twitter 'power users': Alex Heath
▼ + stars: | 2023-07-19 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThreads is looking for people who tried Twitter and hated it, not Twitter 'power users': Alex HeathJoanna Stern, Wall Street Journal columnist, and Alex Heath, The Verge deputy editor, join 'Last Call' to talk Threads' user base dropping and if it is a bad sign for Meta or too early to say.

Persons: Alex Heath Joanna Stern, Alex Heath Organizations: Twitter, Wall Street Journal

☆ Meta's Threads debut solved the chicken-or-egg problem plaguing new social startups
▼ + stars: | 2023-07-10 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Last week, Meta launched its latest social media venture, a Twitter alternative called Threads. For social media start-ups, attracting an audience is crucial to scaling a new product — but it can be near impossible to lure loyal users away from other platforms. New Threads accounts can easily migrate their information from Instagram, sharing their account data and username between the platforms. They have this pattern now of either launching or creating spin-off social media networks based on what's most popular at the time, then do it under their brand," Caraballo said. "It just is so dystopian to have one single person basically who oversees the entirety of all social media, at least in the Western world," Caraballo told Insider.

Persons: Mark Zuckerberg, Alexis Ohanian, Ohanian, —, Instagram, Sarah Oh, we've, Adam Mosseri, Alex Heath, Elon, Alejandra Caraballo, Harvard Law School's, Caraballo, WhatsApp —, Elon Musk, Meta Organizations: Meta, CBS, Boston Herald, Twitter, Harvard Law, Facebook, Federal Trade Commission Locations: Instagram

☆ Musk and Zuck promised us a cage fight, but what we've got are 2 reply guys trading petty jabs
▼ + stars: | 2023-07-07 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

Elon Musk and Mark Zuckerberg remain at each others' throats following the launch of Threads. The squabble has ramped up a notch after Twitter threatened to take Meta to court over Threads. It's getting a bit pitiful for Elon Musk and Mark Zuckerberg as their feud continues to escalate, following the launch of Threads. In Musk's case, Twitter CEO Linda Yaccarino should bring a level-headedness that her colleague is clearly lacking. These include hashtags, a "following" feed, and a messaging function, which means Threads is still a skeletal project.

Persons: Elon Musk, Mark Zuckerberg, haven't, Musk, Alex Spiro, Zuckerberg –, Meta, Andy Stone, Sheel Mohnot, Zuckerberg, Zuck, who's, He's, Alex Heath, Linda Yaccarino, Adam Mosseri, Mosseri Organizations: Meta, Twitter, UFC Locations: San Francisco

☆ Meta's new Twitter rival, a 'text-based conversation app' called Threads, is available to pre-download in the US
▼ + stars: | 2023-07-04 | by ( Sydney Bradley | Amanda Perelli | ) www.businessinsider.com time to read: +2 min

Instagram's new Twitter-like app, called Threads, is now available for pre-order in the US. The app is expected to officially drop July 6, according to its App Store description. The app, called Threads, is expected to officially drop July 6, according to its App Store description. Over the weekend, several people spotted that the new app was listed on the Google Play app store for Android. The app description currently reads:"Say more with Threads — Instagram's text-based conversation appThreads is where communities come together to discuss everything from the topics you care about today to what'll be trending tomorrow.

Persons: Alessandro Paluzzi, Alex Heath, Chris Cox, Jack Dorsey, Instagram, Sydney Organizations: Instagram, Morning, Google, Android, Twitter, Sydney Bradley Locations: Italian

☆ Instagram's new Twitter rival 'Threads' appears to be showing up on the European Google Play app store
▼ + stars: | 2023-07-03 | by ( Sydney Bradley | Marta Biino | ) www.businessinsider.com time to read: +4 min

Now the Threads app has been spotted on the Google Play app store in Europe. After months of rumors, Instagram's Twitter rival may be hitting the app store soon. Over the weekend, several people spotted that a new app called "Threads" was listed on the Google Play app store for Android. A link to the desktop version of the Google Play app store appears to only be available in European countries, such as Italy, France, Spain, and Germany. The Threads app is currently listed on the Google Play app store in European countries.

Persons: Instagram, Alessandro Paluzzi, Alex Heath, Chris Cox, Oprah, Mark Zuckerberg, Adam Mosseri, Eric Wei, We've, Wei, Daniel Morgan, Sydney, Marta Biino Organizations: Instagram, Google, Morning, Twitter, Android, Meta, Synovus, Sydney Bradley Locations: Europe, Italian, Italy, France, Spain, Germany, Meta

☆ Andrew Tate says he wants to train Elon Musk to fight the jiu-jitsu loving Mark Zuckerberg, after the two billionaires told the world they'd go mano a mano in a cage match
▼ + stars: | 2023-06-23 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Controversial influencer Andrew Tate wants to train Elon Musk to take down Mark Zuckerberg. Musk and Zuckerberg have been hyping up a potential "cage match" between them. Andrew Tate has offered to be billionaire Elon Musk's trainer in an apparent upcoming cage match with Meta founder Mark Zuckerberg. "Meta banned me everywhere for telling the truth about vaccines," Tate wrote. "Let's go full MMA," Musk tweeted on Thursday evening.

Persons: Andrew Tate, Mark Zuckerberg, Zuckerberg, Elon Musk's, Tate, Meta, Musk, tweeting, Iska Saric, Alex Heath, he'd, who's, Insider's Will Gendron, Bovada, It's, Musk's, Maye Organizations: Elon, Morning, Meta, Facebook, Tesla, Twitter, Sports, Las Vegas UFC, Tate Locations: Instagram, Romania, Redwood City , California

☆ Central banks to Wall Street: More pain is coming
▼ + stars: | 2023-06-23 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +6 min

New York CNN —Market euphoria in early June, spurred on by a pause in interest rate hikes by the Federal Reserve, is well behind us now. What’s happening: It’s been just over a week since the Federal Reserve paused its 14-month regimen of interest rate hikes to fight inflation. The Bank of England, meanwhile, surprised investors by raising interest rates in the UK by an outsized half of a percentage point. Central banks had been making smaller interest rate moves as inflation began to ease off of recent highs. Elsewhere in Europe, central banks in Norway and Switzerland also hiked rates to decade-high levels on Thursday.

Persons: We’re, It’s, Jerome Powell, ” Powell, Stocks, Scott Wren, Wells, ”, Samantha Delouya, Elon Musk, Mark Zuckerberg, Musk, Zuckerberg, Hanna Ziady, Alex Heath, “, Paddy Power Organizations: CNN Business, Bell, New York CNN, Federal Reserve, Central Bank, Nasdaq, Senate, Financial Services, The Bank of England, Bank of England, Fed, Commonwealth, 3M, WWE, Tech, Twitter, Meta, “ Locations: New York, Europe, Norway, Switzerland, ” Switzerland, United States, Wells Fargo, Las Vegas

☆ Mark Zuckerberg took the bait on Elon Musk's cage-match invitation, so now we might actually get to see the fight no one asked for
▼ + stars: | 2023-06-22 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +2 min

It's the cage fight no one asked for. Jiu-jitsu lover Mark Zuckerberg has responded to Elon Musk's offer to fight him. Well, Elon Musk got what he asked for: Mark Zuckerberg is down to fight him. Mark Zuckerberg has a response to Elon Musk's suggestion that they get down and dirty in a cage match: "Send Me Location." When's fight night, Elon?

Persons: Mark Zuckerberg, Elon Musk's, Zuckerberg, Elon Musk, Musk, he'd, Elon, Iska Saric, Alex Heath, Zuckerberg's, When's Locations: Musk's

☆ Elon Musk and Mark Zuckerberg say they’re ready for a cage fight
▼ + stars: | 2023-06-22 | by ( Hanna Ziady | ) edition.cnn.com time to read: +2 min

Now Elon Musk and Mark Zuckerberg say they want to settle their scores in a cage fight. Twitter owner and Tesla (TSLA) CEO Musk recently tweeted that he would be “up for a cage fight” with Zuckerberg, the CEO of Meta. A spokesperson for the company told Verge: “The [Instagram] story speaks for itself.”It remains unclear whether Zuckerberg and Musk are serious or having a laugh. Quite who would win in a cage fight, however, remains to be seen. Musk is physically bigger than Zuckerberg, but the Meta chief practices jiu-jitsu, the Brazilian martial art, and won gold and silver in a tournament in May.

Persons: Elon Musk, Mark Zuckerberg, Musk, Zuckerberg, Alex Heath, “, Meta, —, “ naysayers, ” Musk, “ I’ve, Bernard Arnault Organizations: London CNN — Business, Twitter, Meta, “, CNN, Bloomberg Locations: Las Vegas

☆ You're wrong Zuck — the metaverse really is just sitting alone on a couch
▼ + stars: | 2023-06-10 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg says Apple's new headset will make everyone lonelier. But even Meta's headset is, in the end, someone sitting alone on a couch too. As he pushes Meta's efforts to build out this alternative internet, naturally he's been keeping an eye on Apple's $3,500 Vision Pro goggles. That the Vision Pro is an isolating device isn't wrong. But where he's misguided is thinking Meta's vision is any better.

Persons: Mark Zuckerberg, Mark Zuckerberg's, Zuckerberg, Alex Heath, it's, you'll, Apple, Jefferies, we're Organizations: Menlo, Apple

☆ Stop comparing Zuck and Cook's headsets. They're built around sharply different visions of the future.
▼ + stars: | 2023-06-09 | by ( Matt Turner | ) www.businessinsider.com time to read: +3 min

Apple revealed its new headset, the Vision Pro, at its developer conference. But this comparison forgets that the two headsets are built around differing visions of future. Apple this week revealed its new Vision Pro mixed-reality headset, and comparisons were instantly drawn with Meta's own Quest headset. Then the price of Apple's headset, at $3,499, has been compared with the $500 cost of the Quest headset. Apple didn't mention the metaverse once when it unveiled the Vision Pro at WWDC, and barely mentioned gaming.

Persons: Nich Carlson, Apple, Mark Zuckerberg, Mark Zuckerberg's, Zuckerberg, Alex Heath, Ben Thompson Organizations: Apple, Vision, Morning, Vision Pro

☆ Social media showdown: Instagram to launch direct competitor to Twitter
▼ + stars: | 2023-06-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSocial media showdown: Instagram to launch direct competitor to TwitterHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC. Alex Heath, The Verge, join the show to discuss Instagram's upcoming Twitter rival.

Persons: Brian Sullivan, “, Alex Heath Organizations: Twitter, CNBC

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