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Insider Today: Mark Cuban vs. Big Pharma
  + stars: | 2024-08-04 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +5 min
But first: Big Tech reporting for duty. AdvertisementEven before Amazon, Apple, Meta, and Microsoft reported earnings, investors' focus was clear. Meta CEO Mark Zuckerberg didn't shy away from his intention to keep plowing money into AI, but investors didn't mind. Softening demand from shoppers for Amazon led to a miss in reported net sales and a weaker-than-expected sales forecast for the third quarter. Also read:Getty Images; Jenny Chang-Rodriguez/BIMark Cuban's pharma missionIn 2022, Mark Cuban launched a low-cost online pharmacy with the goal of cutting drug prices for consumers.
Persons: , Jeff Bottari, Rebecca Zisser, Tesla, Mark Zuckerberg, iStock, That's, Gen, Zers, Tyler Le, Tetiana Lazunova, Jenny Chang, Rodriguez, Cuban's, Mark Cuban, somebody's, Emily Durham Organizations: Service, Business, Big Tech, Getty Images, Apple, Meta, Microsoft, Apple Intelligence, Amazon, pharma, Cuban's pharma, Cost, Pfizer, Novo Nordisk Locations: China
The much-hyped cage fight between Elon Musk and Mark Zuckerberg didn't materialize last year. But Musk said it would've been a "short fight" if it had taken place. "Zuck is a little fella, so that would be a short fight lol," Musk said on Wednesday. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk didn't get to fight Mark Zuckerberg last year, but he reckons it would have been a quick one if it had taken place.
Persons: Elon Musk, Mark Zuckerberg, Musk, would've, , Elon, Nicolás Maduro's, Maduro Organizations: Elon, Service Locations: Venezuela
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMeta CEO Mark Zuckerberg didn't let the tomatoes touch after he cut them into perfectly uniform slices. "In our company, I want every engineer and every software developer to have an AI or many AIs," Huang said to Zuckerberg. Huang and Zuckerberg have big stakes in that vision coming true, according to Paul Baier, CEO and principal analyst at GAI Insights. Huang needs to ensure LLMs keep building with Nvidia chips and Zuckerberg needs Huang's credibility to bolster his semi-open-source strategy.
Persons: , Mark Zuckerberg didn't, Huang, Zuckerberg, Google's, Meta's, Meta, Paul Baier, Baier Organizations: Service, Business, Nvidia, Meta, Microsoft, AIs Locations: Hawaii
It looks like Zuckerberg didn't need to wait for a cage match to land some punches on Musk. It looks like Mark Zuckerberg didn't need to wait for a jiu-jitsu cage match with Elon Musk to land some punches on the Twitter owner — the Zuck has already started sassing Musk in posts on Threads. Meta launched its new text-based app, Threads, on Wednesday. And it looks like Zuckerberg is taking the first shot by hitting Musk where it hurts — making Threads the "anti-Twitter." said a user named mikedavismma.
Persons: Zuckerberg, they're, Mark Zuckerberg, Elon Musk, , sassing, Elon, Zuck, witter, arth, ike Z, hreads, ike, eople, hough, ong, ake, T witter Organizations: Twitter, Meta Locations: usk
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