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☆ Jack in the Box's first new burger in 8 years sold out so fast you can't find it anywhere right now
▼ + stars: | 2024-01-18 | by ( Nancy Luna | Anneta Konstantinides | ) www.businessinsider.com time to read: +4 min

Read previewJack in the Box wants the Smashed Jack to be the "best burger" in the fast-food industry. "We're sold out," Ryan Ostrom, Jack in the Box's chief marketing officer, told reporters at a media event Wednesday at the chain's San Diego headquarters. Jack in the Box's Smashed Jack burger took two years to develop. A Bacon Double Smashed Jack, a burger with two patties and bacon, will also be available. AdvertisementJack in the Box is hoping for the same kind of buzz with the Smashed Jack.

Persons: —, Jack, We're, Ryan Ostrom, McDonald's, Ostrom, Nancy Luna, It's, Anneta, Bacon, Burger King Organizations: Service, Business Locations: San Diego

☆ Xbox is banning users for automatically uploading steamy sex scenes from Baldur's Gate 3
▼ + stars: | 2024-01-13 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Read previewXbox Live users playing Baldur's Gate 3 are getting caught with their pants down, literally, sort of. Baldur's Gate 3 crashed onto the gaming scene last year, nearly sweeping The Game Awards and taking home the prestigious Games of The Year prize. AdvertisementIt's these spicy scenes, however, that are causing Xbox Live to ban users when their devices automatically record and upload them. Sensitive content can be found practically every second of Baldur's Gate because the game allows players to remove all their clothes at any point. how to turn off auto-upload when sensitive content is being captured)."

Persons: —, Vegas Organizations: Service, Games, Business, Kotaku Locations: Baldur's

☆ How B.J. Novak turned a tribute to chain restaurants into the hottest ticket in Hollywood with a 25,000-person waitlist
▼ + stars: | 2024-01-05 | by ( Anneta Konstantinides | ) www.businessinsider.com time to read: +11 min

Chain pays tribute to these restaurants with new interpretations of their most iconic dishes, which are created by Michelin-starred chef Tim Hollingsworth. "We all came up on different chain restaurants and, from a very authentic place, we all got excited about them." Advertisement"Ironically, since we started Chain, these chain restaurants have had sort of this resurgence," Hollingsworth said. How did a comedian, film producer, and Michelin-starred chef help predict the resurgence of chain restaurants? "It's become so hard to capture the attention and interest of a massive amount of people, but chain restaurants have been around for 50 or 60 years.

Persons: —, Jack, B.J, Novak, Friendly's, Nicholas Kraft, Chain, Tim Hollingsworth, Kraft, hadn't, Bell, Mindy Kaling, John Legend, Chrissy Teigen, margarita, Rachel Bilson, Dunkin, Chrissy, Red Robin, Let's, Phil Rosenthal, Chef Hollingsworth, Thomas Keller's, Hollingsworth, Ruth De Jong, Oppenheimer, John Mayer, Andy Cohen, lockdowns, Tim Hollingsworth's, Bell's, Taco Bell, De Jong, We're, Finneas, It's Organizations: Service, Michelin, Business, New Americana, ChainFest, Steakhouse, Crunchwrap, Panda Express, Texas Locations: Boston, Los Angeles, Olive, ChainFest, Seattle, LA, Napa, Texas, West Hollywood

☆ How to stop Dropbox from sharing your personal files with OpenAI
▼ + stars: | 2023-12-13 | by ( Hayden Field | ) www.cnbc.com time to read: +3 min

If you've used any of Dropbox 's artificial intelligence tools, some of your documents and files may have been shared with OpenAI. Dropbox AI customer documents pass through and are stored on OpenAI's servers for up to 30 days. "Third-party AI services are only used when customers actively engage with Dropbox AI features which themselves are clearly labeled," he wrote, pointing to a screenshot. Dropbox's third-party AI data sharing only applies to users who want Dropbox's AI features, which is available through many of Dropbox's paid plans, or through its Early Access program. But, even if you've opted out, any files shared with another person who is using Dropbox AI could still be sent to OpenAI servers.

Persons: Drew Houston, you've, Google's Bard, Anthropic's Claude, Zoom, Dropbox's, Dropbox Organizations: CNBC PRO Locations: San Francisco, There's, Dropbox

☆ Exclusive: Meta's head of augmented reality software stepping down
▼ + stars: | 2023-11-17 | by ( Katie Paul | ) www.reuters.com time to read: +3 min

REUTERS/Eric Gaillard/File Photo Acquire Licensing RightsNEW YORK, Nov 16 (Reuters) - Meta's (META.O) head of augmented reality software is stepping down from his role, a company spokesperson told Reuters on Friday, raising questions about the company's progress in developing a custom operating system for its planned AR glasses. A Meta spokesperson confirmed Box would be leaving the company at the end of this week and said he was doing so for personal reasons. It aims to ship its first AR glasses to consumers in 2027. The Meta spokesperson declined to address the roadmap or whether the OS that Box's team was building would be in the first generation AR glasses. Box is known for having led the creation of the Xbox One operating system and later heading Microsoft's core operating system group, which works across all Windows products.

Persons: Eric Gaillard, Don Box, Mark Zuckerberg, Andrew Bosworth, Meta, Katie Paul, Kenneth Li, Daniel Wallis Organizations: Cannes Lions International, Creativity, REUTERS, Meta, Reuters, Labs, Microsoft, Xbox, Thomson Locations: Cannes, France

☆ Entrepreneurs need mobile devices that offer flexibility and support multitasking. Here's how two SMB owners get it done.
▼ + stars: | 2023-11-03 | by ( Sponsor Post | Created Insider Studios With Samsung | ) www.businessinsider.com time to read: +6 min

Now his phone keeps up with him — the Z Fold5 has enough battery to last a full day, including video calls. Louis Angel Scott, the cofounder and COO of Cutbox, a UK-based barber chain that offers convenient and affordable cuts, understands this clearly. Angel Scott and his cofounder initially founded Cutbox out of frustration with long wait times associated with the barbering industry. Samsung created products like the Galaxy Z Fold5 for technology-leaning entrepreneurs like Angel Scott. "The back-end experience is so seamless to access on the Z Fold5 due to the bigger screen," Angel Scott said.

Persons: Andy Davis, Davis, Samsung's Knox, Knox, I've, Louis Angel Scott, Angel Scott, Cutbox, Pen Organizations: Black, Samsung, Buds2, Insider Studios, Samsung Labs Locations: barbershops

☆ Diners love the control tipping gives them over servers
▼ + stars: | 2023-10-25 | by ( Nancy Luna | ) www.businessinsider.com time to read: +2 min

About 62% of diners say the amount their expected tip "has become too expensive." Yet, diners say they love the "control" tipping gives them. But according to a new survey, consumers love the power that comes with tipping. "Diners report negative feelings about tipping as an idea, but they enjoy the control it gives them. AdvertisementAdvertisement"As tipflation sweeps the US, two-thirds of American diners say too many places are asking for tips these days," the survey reported.

Persons: —, BentoBox Organizations: Service, & ' $

☆ Inside the implosion of dark kitchen startup Kbox Global, another pandemic-era boom beginning to bust
▼ + stars: | 2023-10-23 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +8 min

In 2019, after years of investing in and setting up food and beverage brands internationally, she founded dark-kitchen startup Kbox from London. But two years after this funding, large for an early-stage European startup, Vellani exited the business suddenly, citing health issues. "You're only judged on food quality, but if the chef is doing 10 times the work for same money, then it's a fundamental problem." Both Uber Eats and Deliveroo, after an initial burst of interest, would eventually go on to cut back on virtual brands. In an email comment, Vellani acknowledged her lack of direct technical experience but said she sought to fix this through other C-suite hires.

Persons: Salima Vellani, Uber, Travis Kalanick, Vellani, Butler, CloudKitchens, Kbox, MrBeast Burger, YouTuber MrBeast, Jimmy Donaldson, Influencer Jimmy Donaldson, Burger, Brexit, Vellani didn't, Karim Vellani, Karim, Ben Schultz, Nick Holloway, I've Organizations: Balderton, Hoxton Ventures, Reef Technologies, Lean, Network, United, Advisory Locations: London, Saudi, Revolut, COVID, Kbox, Sydney

☆ Dropbox plans to pay $79 million to shrink its huge SF office, after CEO says the RTO push will fail
▼ + stars: | 2023-10-23 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

Dropbox will pay $79 million to give up 165,000 square feet of office space at its San Francisco HQ. The company switched to remote working during the pandemic and workers now follow a '90/10' routine. CEO Drew Houston has backed remote working, and said the return-to-office push is doomed to fail. AdvertisementAdvertisementDropbox is spending $79 million to give up a quarter of its San Francisco headquarters, as it continues to bet that remote working is here to stay. Dropbox's move to cut back on its physical office space is a fresh blow to San Francisco, which is going through a commercial real estate crisis .

Persons: Dropbox, Drew Houston, —, Fortune, Houston, Jones Lang LaSalle Organizations: San Francisco HQ, Service, San, SEC, CNBC, Jones Locations: San Francisco, Mission Bay

☆ Dropbox handing over 25% of San Francisco HQ back to landlord as commercial real estate softens
▼ + stars: | 2023-10-20 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

Dropbox said Friday that it's agreed to return over one quarter of its San Francisco headquarters to the landlord as the commercial real estate market continues to soften following the Covid pandemic. In a filing, Dropbox said it agreed to surrender to its landlord 165,244 square feet of space and pay $79 million in termination fees. Under the amendment to its lease agreement, Dropbox will offload the space over time through the first quarter of 2025. In addition, Dropbox took a $175.2 million impairment on the office last year "as a result of adverse changes" in the market. Dropbox had tried working with its landlord to sublease space at the headquarters, but the real estate market deteriorated, finance chief Tim Regan, told analysts on a February earnings call.

Persons: Dropbox, it's, we've, Drew Houston, Dropbox's, Uber, Tim Regan Organizations: San Francisco, Vir Biotechnology, CNBC, Private, KKR, Kilroy Realty Corp, San Francisco Chronicle, Microsoft Locations: Mission, Dropbox

☆ The CEO of Dropbox has a 90/10 rule for remote work
▼ + stars: | 2023-10-16 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Dropbox CEO Drew Houston told Fortune his company uses a 90/10 rule for remote work. This means 90% of the year is spent on remote work, and the remaining 10% is dedicated to employee off-site events. AdvertisementAdvertisementDrew Houston, the CEO of file storage company Dropbox, is continuing to tout a predominantly remote work culture, even as business leaders increasingly call for their workers to return to the office. Dropbox uses a 90/10 rule, with 90% of the year spent on remote work and the remaining 10% spent on a handful of employee off-sites, the company's CEO told Fortune in an interview published Sunday. The company first announced it was becoming a "virtual first" company in 2020 amid the COVID-19 pandemic, making remote work the default for workers.

Persons: Drew Houston, Fortune, —, Houston, Mark Zuckerberg, Goldman Sachs, David Solomon, Jamie Dimon, hasn't Organizations: Houston, Service, Dropbox, Forbes, JPMorgan Locations: San Francisco, Houston

☆ An enduring food favorite of Elon Musk across 3 decades is Jack in the Box's teriyaki bowl
▼ + stars: | 2023-09-13 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +3 min

Musk's favorite dish there was the teriyaki bowl, which he ordered again when he revisited the chain along with Walter Isaacson. AdvertisementAdvertisement"I can still tell you every single menu item," Kimbal told Isaacson, "It's just seared into my brain." Musk told Isaacson, "I'm supposed to be fasting now, but I just have to get something here." Jack in the Box is a fast food chain founded in 1951. Musk isn't alone in loving fast food staples — Bill Gates and Warren Buffett are also self-declared fans of Coca-Cola.

Persons: Elon, Musk's, Walter Isaacson, Kimbal, Zip2, —, Isaacson, couldn't, Musk, Grimes, Jack, Bill Gates, Warren Buffett, Buffett Organizations: Service, YMCA, Zip2, Elon, West, Del Taco, CNBC Locations: Wall, Silicon, San Diego , California, West Coast

Learn moreThe Razer Kaira Pro is one of the best gaming headsets you can buy for an Xbox. The Kaira Pro also earns design points thanks to Razer's trademark style, with three color choices and customizable lighting. Razer Kaira Pro Wireless Headset The Kaira Pro headset can connect directly to Xbox consoles using Microsoft’s proprietary wireless signal, and it also has the ability to connect to Bluetooth devices at the same time. Kevin Webb / InsiderThe Razer Kaira Pro for Xbox comes in three colors: black, white, or a Halo Infinite-inspired green. AmazonThe most unique benefit of the Razer Kaira Pro is its ability to connect to Xbox Wireless devices.

Persons: it's, Slick, Kevin Webb, I've Organizations: Razer, PlayStation, Xbox, Bluetooth, Xbox Wireless, Dolby, DTS, Windows, Forza, Kaira

☆ Stocks making the biggest moves premarket: Box, Insulet, HP and more
▼ + stars: | 2023-08-30 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

HPE posted adjusted earnings of 49 cents per share for its fiscal third quarter, 2 cents higher than a Refinitiv estimate. Insulet — Insulet jumped 4.4% after CEO James Hollingshead disclosed Tuesday buying 5,550 shares of the medical device maker. Box — The stock plunged 10.2% premarket after the California-based cloud storage company posted a mixed second-quarter report postmarket Tuesday. Box issued weak top- and bottom line financial guidance for the current quarter, and for full-year revenue, according to FactSet. HP posted $13.2 billion in revenue, below analysts' $13.37 billion, according to Refinitiv, while earnings per share matched expectations at 86 cents, excluding items.

Persons: HPE, Insulet — Insulet, James Hollingshead, Bernstein, PVH —, Calvin Klein, PVH, Refinitiv, —, Samantha Subin, Yun Li, Sarah Min Organizations: HSBC, Hewlett Packard Enterprise, FactSet . Texas, HP —, HP Locations: Germany, U.S, California, FactSet

☆ Stocks making the biggest moves after hours: HP, Box, Ambarella and more
▼ + stars: | 2023-08-29 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

However, the company posted adjusted earnings of 36 cents per share, beating analysts' estimates by 1 cent. Box also posted weak guidance on both lines for the current quarter and for full-year revenue, according to FactSet. HP posted $13.2 billion in revenue, missing the estimate from analysts polled by Refinitiv of $13.37 billion. PVH reported $1.98 in earnings per share, excluding items, on $2.21 billion in revenue, while analysts surveyed by Refinitiv forecast $1.76 per share and revenue at $2.19 billion. The company also reaffirmed its full-year revenue guidance and raised its outlook for earnings per share for the year.

Persons: Ambarella, Refinitiv, —, Calvin Klein, PVH Organizations: Hewlett, Packard, HP, Refinitiv, Hewlett Packard Enterprise Locations: New York

☆ Microsoft to shut Xbox 360's online store next year
▼ + stars: | 2023-08-17 | by ( ) www.reuters.com time to read: +1 min

Aug 17 (Reuters) - Microsoft (MSFT.O) said on Thursday it would pull the plug on Xbox 360's online store and marketplace next year, as it focuses on its latest consoles and subscription service Game Pass. Xbox 360 Store and Xbox 360 Marketplace will be shut on July 29, 2024, and gamers using the old console will not be able to purchase and download new games, according to a post on Xbox's website. Microsoft is, however, allowing users to play with their already purchased Xbox 360 games and older titles that are compatible with the console. "A lot has changed since the Xbox 360 launched in 2005. Xbox 360 is regarded as one of the best-selling gaming consoles of all time, right up against Sony's PlayStation 3.

Persons: Yuvraj Malik Organizations: Microsoft, Technology, Sony's PlayStation, Xbox, Thomson Locations: Bengaluru

☆ Stocks making the biggest moves midday: Target, Cava, TJX Companies, Intel and more
▼ + stars: | 2023-08-16 | by ( Alex Harring | ) www.cnbc.com time to read: +5 min

Target — Target shares added 2.9% even after the retailer cut its full-year earnings forecast and second-quarter sales fell short of expectations. Wall Street analysts surveyed by Refinitiv had expected earnings of $1.39 per share on $25.16 billion in revenue. TJX reported adjusted earnings of 85 cents per share on $12.76 billion in revenue, while analysts surveyed by Refinitiv expected 77 cents earned and $12.45 billion in revenue. The manufacturer of lasers and optics forecast earnings of 5 cents to 20 cents per share and revenue of $1 billion to $1.1 billion. Analysts polled by FactSet called for 47 cents per share in earnings and revenue of $1.16 billion.

Persons: Refinitiv, Coinbase, TJX, FactSet, JD.com, Dr Pepper, Agilent, Jack Henry, Mercury, Cava — Cava, Jack, Wells, Morgan Stanley, Imperial, Shawn Fain, —, Sarah Min, Samantha Subin, Michelle Fox, Jesse Pound Organizations: —, Wall Street, National Futures Association, Commodity Futures Trading Commission, TJX, Nasdaq, UBS, Block, Wall, Associates, Mercury Systems, GE, GE HealthCare, News, Getty, Imperial Capital, Intel, Tower Semiconductor, Semiconductor, General Motors —, United Auto Workers, Big, General Motors, Ford Motor Locations: JD.com —, Cava

☆ Marvell founders launch $2 bln chips foundry in Singapore
▼ + stars: | 2023-07-20 | by ( Fanny Potkin | ) www.reuters.com time to read: +1 min

[1/3] Silicon Box's chiplets are displayed during the opening of their advanced semiconductor manufacturing foundry in Singapore July 20, 2023. REUTERS/Edgar SuSINGAPORE, July 20 (Reuters) - Singapore-based Silicon Box opened a $2 billion advanced semiconductor manufacturing foundry in the city-state on Thursday, as it seeks to broaden adoption of "chiplet" technology. Silicon Box was created by the founders of U.S chipmaker Marvell (MRVL.O), Sehat Sutardja and wife Weili Dai, along with current CEO BJ Han. CEO Han told Reuters that "customers had been lining up" even before the factory's launch, with artificial intelligence firms driving demand. He said Silicon Box was in talks to supply Canadian AI startup company Tenstorrent.

Persons: Edgar Su SINGAPORE, Sehat Sutardja, Weili Dai, BJ Han, Han, Fanny Potkin, Sam Holmes Organizations: REUTERS, Singapore's Economic, U.S chipmaker Marvell, Reuters, Thomson Locations: Singapore

The Razer Wolverine V2 gaming controller for Xbox and PC is on sale during Amazon Prime Day, with both versions of the controller discounted by up to 49%. If you're searcing for more deals coverage, be sure to check out our roundup of all the best Prime Day PC gaming deals and our liveblog with all of the best Prime Day deals across every category. Great Price Razer Wolverine V2 Wired Controller With adjustable triggers and the clickiest buttons on the market, Razer's Wolverine V2 is a great controller. Great Price Razer Wolverine v2 Chroma Gaming Controller Razer's customizable wired controller for Xbox and PC is selling for one of the lowest prices we've seen during Amazon Prime Day. For more gaming recommendations, check out our guides to the best PC controller for gaming, best gaming PC, and best gaming laptops.

Persons: Price Razer Organizations: Razer Wolverine, Amazon

☆ Microsoft CFO Amy Hood warned employees not to 'build a gold toilet'
▼ + stars: | 2023-07-06 | by ( Jordan Novet | ) www.cnbc.com time to read: +3 min

From left, Tim Stuart, chief financial officer of Xbox at Microsoft; Phil Spencer, Microsoft's CEO of gaming; and Microsoft finance chief Amy Hood arrive to court in San Francisco on June 29, 2023. Microsoft's finance chief advised employees not to "build a gold toilet" during a 2018 meeting, according to emails that came up during federal court hearings last month over the software maker's planned Activision Blizzard acquisition. The quip might invoke a 2016 social-media claim (proven false by Snopes) that former President Donald Trump owned a solid gold toilet. "I've made that mistake on too many products, and I'm sure everyone else has too, when we've built features before we answered the core questions," Gluckstein wrote. Read the emails from Spencer and Gluckstein regarding Hood's "gold toilet" comments below.

Persons: Tim Stuart, Phil Spencer, Amy Hood, Donald Trump, MC Hammer, Catherine Gluckstein, Gluckstein, Xbox's, I've, we've, Spencer, xCloud, it's Organizations: Xbox, Microsoft, Activision Blizzard, Bluetooth, TAM, Cloud, Google, Federal Trade Commission Locations: San Francisco

☆ UK streamer BritBox just inked a big Comcast deal and is poised to grab more US viewers with shows that go way beyond Agatha Christie
▼ + stars: | 2023-06-15 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

British streamer BritBox just scored a deal with Comcast as it eyes US expansion. BritBox is like other enthusiast streamers that have sustained growth while big SVODs' growth has slowed. BritBox International, the British-specialty streaming service backed by BBC Studios and ITV Studios, has big ambitions for growth. The Xfinity opportunity is "a real step change in terms of distribution and access," said Reemah Sakaan, CEO of BritBox International. But BritBox sees itself in a good position to complement the big streamers — as British content moves into the mainstream and interest in high-quality, international content grows.

Persons: it's, Comcast's, BritBox, Reemah Sakaan, Agatha Christie's Poirot, Matthew Macfadyen, John Stonehouse, Frannie Langton, Jed Mercurio's, Mercurio's, Cary Grant, Archie, Jason Isaacs, Harry Potter, Matthew Macfadyen's, Brian Cox, Logan Roy, Robert Schildhouse, King Charles, Sakaan, We've Organizations: Comcast, BritBox, BBC Studios, ITV Studios, AMC, BET, Netflix, Hulu, US, Amazon's, Disney, Labor, Warner Bros, Hollywood, Writers ' Guild of Great Locations: British, Canada, Australia, Scandinavia, " Stonehouse, BritBox, American, Stonehouse, North America, Writers ' Guild of Great Britain

This year, advertisers and ad agencies may well use the strike as a bargaining tool, said Erin Firneno, vice president of business intelligence for researcher Advertiser Perceptions. The writers’ strike, which has entered its third week, is also injecting a new element of uncertainty for ad buyers, at a time when television viewership is declining and the possibility of recession looms. While the TV networks have long contended with splintered viewership amid the rise of social media and streaming, the writers' strike puts content production at risk, said Rishad Tobaccowala, a former executive at advertising and public relations giant Publicis Groupe and advisor on business transformation. Last year, NBC’s upfront presentation emphasized star power as the network returned to a live event after a COVID-19-imposed hiatus. Ahead of the upfront presentations, media executives sought to reassure investors about the strike’s impact.

☆ Dropbox's CEO on implementing A.I. as a collaboration tool for human workstreams
▼ + stars: | 2023-05-05 | 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 EmailDropbox's CEO on implementing A.I. as a collaboration tool for human workstreamsCNBC's Deirdre Bosa and Dropbox Co-Founder and CEO Drew Houston join 'The Exchange' to discuss integrating A.I., A.I. and human collaboration, and improving efficiency with new technologies.

☆ CEOs are getting closer to finally saying it — AI will wipe out more jobs than they can count
▼ + stars: | 2023-05-02 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +6 min

Tech workers are finding out what it's like to be replaced by AI. It's the boldest statement yet from tech firms turning to AI to help them get efficient. Tech workers are about to find out. Here are five tech firms that have acted first with a big bet on AI. AmazonAmazon has been among the most bruised tech firms since the downturn of 2022 was kickstarted.

☆ Dropbox to cut workforce by 16%, hire new talent for AI-powered products
▼ + stars: | 2023-04-27 | by ( ) www.reuters.com time to read: +1 min

April 27 (Reuters) - Cloud storage provider Dropbox Inc (DBX.O) said on Thursday it would reduce its global workforce by 16% to cut costs amid slowing cloud growth, and instead hire new talent to build its AI offerings. San Francisco, California-based Dropbox is the latest tech company to tap AI as Big Tech players from Microsoft Corp (MSFT.O) to Facebook-parent Meta Platforms Inc (META.O) battle for a slice of the fast-growing market with new products and offerings. At the end of 2022, the company had 3,118 full-time employees, of which 2,583 were located in the United States. "We've been bringing in great talent in these areas over the last couple years and we'll need even more," Houston said in a memo to staff. Houston is also on the board of Meta Platforms, which said on Wednesday AI was helping it boost traffic to Facebook and Instagram and earn more in ad sales.

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