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☆ Software engineers are getting closer to finding out if AI really can make them jobless
▼ + stars: | 2024-03-14 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

A startup backed by Peter Thiel has released the "first AI software engineer." A little-known startup called Cognition Labs stunned software engineers this week when its team of coding whizzes unveiled what it calls "the first AI software engineer." AdvertisementHowever, Cognition's AI software engineer appears to have an aptitude that's a notch above. Of course, the startup has been pretty careful with how it presents its AI software engineer. These reactions are understandable at a time when software engineers are feeling the heat.

Persons: Peter Thiel, Devin, —, Peter Thiel's, Scott Wu, Kyle Shevlin, Athagist, Keynes, Oliver Twist, kAKj7ZeBob — Kyle Shevlin, Evan You, Aravind Srinivas marveled, Mark Zuckerberg Organizations: Service, Software, Cognition Labs, Cognition, Informatics Locations: Singapore

☆ Who will buy TikTok from ByteDance?
▼ + stars: | 2024-03-14 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

At $100 billion, there are few companies that could afford to buy TikTok outright. Citing people familiar with the matter, the Journal wrote that Kotick “floated the idea of partnering to buy TikTok to a table of people that included OpenAI CEO Sam Altman.”CNN couldn’t independently confirm the report. Its one go at the social media scene, the buggy and short-lived Ping, was one of Apple’s biggest flops. And any tech executive or private equity investor thinking of buying TikTok would need to be prepared to enter the social media quagmire. A key question in assessing the value of a TikTok deal is whether China would allow ByteDance to export its algorithm — the secret sauce that keeps TikTok users glued to their phones.

Persons: CNN Business ’, There’s, Joe Biden’s, who’d, Dan Ives, ” Ives, Who’s, ”, Gene Kimmelman, OpenAi, Bobby Kotick, Activision Blizzard, “, Sam Altman, ” CNN couldn’t, Altman didn’t, doesn’t, quagmire, They’d, Mark Zuckerberg, Shou Chew, It’s, Trump, —, Brian Fung Organizations: CNN Business, New York CNN, Senate, Microsoft, Department, Google, ” Meta, Facebook, Street Journal, Activision, ” CNN, Kotick, Apple, Oracle, Walmart, Communist Party, ByteDance Locations: New York, United States, Beijing, Europe, China

☆ It might be time to rethink the smartphone — for real this time
▼ + stars: | 2024-03-14 | by ( Hugh Langley | ) www.businessinsider.com time to read: +5 min

Why do phones need apps? At this year's Mobile World Congress, the future of the smartphone and how we connect were firmly under the microscope. Deutsche Telekom and Brain.ai demoed one such instance at MWC: a smartphone with no apps. It's just an idea for now, but it's prompting an interesting question: Why assume the smartphone of the future has apps at all? But the smartphone industry is slumping, and there's a "need to invigorate the upgrade cycle," Milanesi told BI.

Persons: —, Sam Altman, There's, Altman, Jony, Meta's Mark Zuckerberg, Carolina Milanesi, Milanesi, Tom Butler, I'm, Butler, Lenovo's Butler, it's Organizations: Service, Congress, MWC, Las, CES, Deutsche Telekom, Brain.ai, Qualcomm, Bloomberg Locations: Carolina, PAU, AFP

☆ Instagram is playing the long game against TikTok, and it's winning
▼ + stars: | 2024-03-14 | by ( Sydney Bradley | Dan Whateley | ) www.businessinsider.com time to read: +2 min

The app far outpaced TikTok in global downloads last year, according to data from market intelligence firm Sensor Tower. Instagram downloads increased by 20% in 2023 compared to the previous year, Sensor Tower estimated. The simplest explanation is that Instagram's short-video product, reels, is pretty much just as good as TikTok at this point. And unlike TikTok, it's been careful lately not to shove unpopular features like shoppable videos in users' faces. Both TikTok and Instagram did not respond to a request for comment.

Persons: —, TikTok, Instagram, it's, Abe Yousef, Mark Zuckerberg, Adam Mosseri, Yousef Organizations: Service, Business

☆ 'Inception attacks' on Meta VR headsets can trap users in a fake VR environment, researchers found
▼ + stars: | 2024-03-13 | by ( Grace Eliza Goodwin | Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Researchers have exposed a potential security vulnerability in Meta's VR headsets, a new study says. The so-called "inception attack" allows an attacker to spy on and control a user's VR environment. The headset also had to be in developer mode, which the researchers said many Meta Quest users keep enabled in order to get third-party apps, adjust resolution, and take screenshots. Researchers created cloned versions of the Meta Quest Browser and VRChat app. AdvertisementTo test the inception attack process with real people, researchers had 27 study participants interact with VR headsets while they carried out the attack.

Persons: —, Mark Zuckerberg, Zuckerberg, what's, Meta Organizations: VR, Service, University of Chicago, Apple Vision Pro, MIT Technology, Meta, Business

☆ House expected to vote on bill that could ban TikTok amid Trump resistance
▼ + stars: | 2024-03-13 | by ( Clare Foran | Brian Fung | ) edition.cnn.com time to read: +5 min

The House is expected to vote Wednesday on a bill that could lead to a nationwide ban against TikTok, a major challenge to one of the world’s most popular social media apps. Lawmakers on both sides of the aisle who support the bill have argued that it is not a ban. In recent comments to reporters, Wisconsin Republican Rep. Mike Gallagher, who chairs a House select committee on China, rejected characterizations of the bill as a TikTok ban. “This legislation has a predetermined outcome: a total ban of TikTok in the United States,” the company wrote in a post on X. Senate Majority Leader Chuck Schumer on Tuesday would not commit to holding a vote on the House’s TikTok bill, underscoring the uncertainty over what will happen if the House passes the bill as expected.

Persons: Donald Trump, equivocated, TikTok, It’s, Joe Biden, Trump, Mark Zuckerberg, ” Trump, “, Mike Gallagher, “ It’s, ”, Shou Chew, Chuck Schumer, CNN’s Kate Sullivan, Morgan Rimmer, Lauren Fox Organizations: TikTok, ByteDance, Apple, Google, House Energy, Commerce Committee, Facebook, CNBC, Lawmakers, Wisconsin Republican, Chinese Communist Party Locations: China, Beijing, Washington, United States

☆ These 50 Democrats and 15 Republicans voted against a bill that could lead to a TikTok ban
▼ + stars: | 2024-03-13 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

The House overwhelmingly passed a bill on Wednesday that could lead to TikTok being banned. 50 Democrats and 15 Republicans voted against it. AdvertisementThe House of Representatives overwhelmingly passed a bill on Wednesday that could lead to TikTok being banned in the United States. The "Protecting Americans from Foreign Adversary Controlled Applications Act" easily cleared the chamber by a lopsided 352-65 vote, with 50 Democrats and 15 Republicans voting against the bill. @RepMTG on TikTok bill: "I rise today as the only member of Congress that has ever been banned by social media...Twitter banned me..

Persons: Jasmine Crockett, —, ByteDance, Abigail Spanberger, Raja Krishnamoorthi, weren't, Alexandria Ocasio, Mark Pocan, Maxwell Frost of Florida, Frost, Krishnamoorthi, Donald Trump, backhandedly, Marjorie Taylor Greene, Mark Zuckerberg, Joe Biden's, Andy Biggs, Arizona Dan Bishop of, Carolina Warren Davidson of Ohio John Duarte, California Matt Gaetz, Florida Marjorie Taylor Greene, Georgia Clay Higgins, Nancy Mace, Carolina Thomas Massie, Tom McClintock, California Alex Mooney, West Virginia Barry Moore, Alabama Scott Perry, David Schweikert, Arizona Greg Steube Organizations: Democratic, Service, Foreign, Energy, Commerce, Facebook, Republican, Twitter Locations: United States, Texas, Virginia, Beijing, Illinois, Alexandria, Cortez, Wisconsin, Georgia, Carolina, California, Florida, West, Arizona

☆ Larry Ellison is $15 billion richer after Oracle's best day on stock market since 2021
▼ + stars: | 2024-03-12 | by ( Ari Levy | ) www.cnbc.com time to read: +2 min

Oracle founder Larry Ellison notched a $15 billion gain on Tuesday after shares of his software company had their best day in over two years and closed at a record. Oracle shares soared 12% to close at $127.54, after the software vendor reported fiscal third-quarter earnings that beat analysts' expectations. "We are building large numbers of data centers and some of those data centers are smallish, but some of those data centers are the largest AI data centers in the world." Over the past year, Oracle shares have now spiked 52%, lifting Ellison's worth by about $50 billion. Unlike Amazon's Jeff Bezos, Larry Ellison has been hanging onto all his stock rather than selling off chunks.

Persons: Larry Ellison, Ellison, Mark Zuckerberg, Warren Buffett, Jeff Bezos, FactSet, hasn't, Bezos Organizations: Oracle Inc, Oracle, Forbes, Boeing Locations: Hamilton , Bermuda, United States

☆ Mark Zuckerberg is becoming Meta's ultimate influencer
▼ + stars: | 2024-03-12 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Zuck has been using his platforms to demo Meta's products, including the company's AI glasses. In a video posted late last year, he used Meta's AI Ray-Bans to guide him through braiding his daughter's hair. Zuckerberg posted a video reviewing Apple's new mixed-reality headset, perhaps unsurprisingly deciding Meta's $500 Quest headset was superior. The billionaire has also taken to criticizing Apple's headset on other social media platforms and behind closed doors in private meetings. In a post on Threads last week, Zuckerberg said if Meta's Quest is like the Vision Pro in five years, "we'll have regressed significantly."

Persons: Mark Zuckerberg, Zuck, —, Zuckerberg, Meta's, Ray, He's, he's, Anant Ambani, Priscilla Organizations: Apple's, Service, buzzy Locations: Asia, Japan, Tokyo

Corporate executives at major companies have sold stock in their own companies in March as the stock market hits new record highs. Zuckerberg's moves appear to be part of a 10b5-1 stock sale plan adopted last summer. An even larger stock sale came from Michael Dell, the CEO and namesake of Dell Technologies . The tech founder has filed a Form 144 to sell 7 million shares, so more transactions could be coming, according to VerityData. Dell shares have soared more than 50% this year on optimism the AI boom will lead to a replenishment of servers and PCs.

Persons: Mark Zuckerberg, Michael Dell, Alesia Haas, Zuckerberg, Haas, Troendle, William Hickey III, James Walter, TechnipFMC, Douglas Pferdehirt, William Meaney Organizations: Facebook, Dell Technologies, Dell, Medpace Holdings Locations: —, 10b5

☆ The proposed TikTok ban has been deemed unconstitutional by some, but framing around national security could help advance it
▼ + stars: | 2024-03-12 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +7 min

Read previewThe widely-popular social media app TikTok is once again facing a possible ban in the United States over concerns about its links to China. "It is targeted to address the national security threat that we believe these apps, like TikTok, pose to the United States because of its ownership by a foreign adversary." "The First Amendment protects Americans' right to access social media platforms of their choosing," Krishnan said. Former President Donald Trump in Tulsa, Okla. AP Photo/Sue OgrockiTrump once supported a TikTok ban, but is now against itMeanwhile, Trump — whose administration tried to ban TikTok in the US — but was blocked from doing so in court after TikTok sued — has now come out against a ban for the app. "If you get rid of TikTok, Facebook and Zuckerschmuck will double their business," Trump argued on his social media platform, Truth Social, in a dig at Meta CEO and Facebook founder Mark Zuckerberg.

Persons: —, Donald Trump, Sarah Kreps, TikTok's, weaponize, Steve Scalise, Cathy McMorris Rodgers, McMorris Rodgers, Kreps, ByteDance, Krishnan, TikTok, Sue Ogrocki Trump, Trump, Zuckerschmuck, Mark Zuckerberg, Jenna Leventoff, Leventoff Organizations: Service, Business, Tech, Institute, New York's Cornell University, Foreign, ByteDance Ltd, Republican, GOP, House Energy, Commerce Committee, Fox Business, Columbia University, Columbia Law School, Chinese Communist Party, AP, Facebook, Meta, Commerce, American Civil Liberties Union, Center for Democracy and Technology Locations: United States, China, TikTok's Beijing, New York, Tulsa, Okla, TikTok

☆ Trump’s freewheeling CNBC interview gives glimpse of the campaign to come
▼ + stars: | 2024-03-11 | by ( Steve Contorno | Kate Sullivan | ) edition.cnn.com time to read: +7 min

In many ways, Monday’s 40-minute call-in to CNBC was typical Trump: evasive, evocative and eventful. His declaration to CNBC that “there is a lot you can do in terms of entitlements in terms of cutting” Social Security and Medicare is already reverberating on the campaign trail. “I won’t cut Social Security and I won’t cut Medicare. Speaking to CNBC, Trump confirmed he recently met with Jeff Yass, a Republican mega donor and billionaire hedge fund manager whose firm is known to own a sizable stake in TikTok. People are rejecting it, and they are watching.”Ending the interview shortly after, host Joe Kernen thanked Trump and extended an opportunity to return.

Persons: Donald Trump, Joe Biden, Trump, who’s, TikTok, ”, Viktor Orbán, – Trump, Biden, “ I’m, “, …, United States –, Mark Zuckerberg, Jeff Yass, TikTok . Trump, ” Trump, ‘, Tik, Ron DeSantis, Nikki Haley, Joe Kernen, Kevin Liptak Organizations: CNN, CNBC, Facebook, Social Security, Trump, Medicare, –, Republican, Mar, GOP, Biden Locations: week’s, Gaza, Washington, New Hampshire, United States, TikTok, TikTok ., Yass

☆ Trump says banning TikTok would make Facebook — an 'enemy of the people' — stronger
▼ + stars: | 2024-03-11 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +2 min

Donald Trump is repeating his defense of TikTok, calling Facebook the real "enemy." Congress is considering a bill that would ban TikTok due to national security concerns. AdvertisementDonald Trump is doubling down on his new pro-TikTok stance, saying that Facebook is the true "enemy." Trump told CNBC's "Squawk Box" on Monday morning: "There's a lot of good and there's a lot of bad with TikTok. While president, Trump had pushed for a TikTok ban unless it sold to new US-based owners, but ultimately backed off.

Persons: Donald Trump, Trump, Mark Zuckerberg, —, CNBC's, Zuckerschmuck, Zuckerberg, Trump's, ByteDance, Jeff Yass Organizations: Facebook, Service, Trump Locations: TikTok

☆ Mark Zuckerberg is almost $54 billion richer this year — and he's closing in on Elon Musk
▼ + stars: | 2024-03-11 | by ( George Glover | ) www.businessinsider.com time to read: +1 min

Mark Zuckerberg's net worth has surged by almost $54 billion this year, according to Bloomberg data. Zuckerberg is close to overtaking Elon Musk for the first time since late 2020. AdvertisementMark Zuckerberg has become a lot wealthier this year 2024 — and is closing in on his would-be cage-fight rival Elon Musk for the title of the world's third-richest person. The Meta CEO's fortune has surged by almost $54 billion since the start of January, according to the Bloomberg Billionaires Index. As of Friday's closing bell, he was worth $182 billion — just $7 billion behind Musk.

Persons: Mark Zuckerberg's, Zuckerberg, Elon Musk, —, Mark Zuckerberg Organizations: Bloomberg, Facebook, Elon, Service, Business

☆ 6 things we learned from the founder of Telegram's first interview in 7 years
▼ + stars: | 2024-03-11 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +1 min

Founder Pavel Durov said profitability is coming, and maybe even an IPO. Durov gave his first public interview in seven years to the Financial Times. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIn a rare new interview, Telegram founder Pavel Durov revealed that his company is nearing profitability, and may even enter the public market. It's the reclusive founder's first public interview since 2017, according to the outlet.

Persons: What's, Pavel Durov, Durov, —, who's, Mark Zuckerberg, founder's Organizations: Financial Times, Service, Business Locations: Russian, Russia, Dubai

☆ Zuck roasts the Apple headset again
▼ + stars: | 2024-03-10 | by ( Katherine Tangalakis-Lippert | Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg has been outspoken about his criticisms of Apple's Vision Pro. In a Friday post on Threads, he trashed the VR headset once again. Zuck said if Meta's Quest is like the Vision Pro in five years, "we'll have regressed significantly." AdvertisementMark Zuckerberg just keeps dumping on Apple's Vision Pro. Friday's social media posts were just the latest in a series of snarky comments Zuckerberg has pointed toward Apple's Vision Pro.

Persons: Mark Zuckerberg, Zuck, —, Benedict Evans, it's, Evans, Zuckerberg Organizations: Apple's, Service, Mosaic Ventures, VR, Vision, Meta, Apple, Business, Pro, preorder, Labs, Apple's Vision

☆ Meta CTO says startup life isn't glamorous like in the movies: 'I didn't sleep for more than 4 hours at a time'
▼ + stars: | 2024-03-09 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Meta CTO Andrew Bosworth said startup culture is often romanticized, but in reality isn't glamorous. The CTO said he woke up every four hours for two years to make sure an anti-spam system was intact. In an interview on Lenny's Podcast , Bosworth talked about the early days of Facebook when he worked as one of its first engineers. He also worked 120 hours a week and didn't sleep more than four hours consecutively a day for two years. If not he could go back to sleep for the next four hours, Bosworth said.

Persons: Andrew Bosworth, —, Andrew, Boz, Bosworth, Mark Zuckerberg, Lenny Rachitsky Organizations: Service, Facebook

☆ Wait, is America actually banning TikTok now?
▼ + stars: | 2024-03-08 | by ( Brian Fung | ) edition.cnn.com time to read: +8 min

Washington CNN —House lawmakers are moving with dizzying speed with a plan that could ban TikTok from the United States. But could a TikTok ban really happen? A man walks past the headquarters of ByteDance, the parent company of video sharing app TikTok, in Beijing. They allege TikTok poses a national security threat because the Chinese government could use its intelligence laws against ByteDance, forcing it to hand over the data of US TikTok users. By that precedent, it would be unconstitutional for the government to ban TikTok even if it were blatantly a direct mouthpiece for the Chinese government, Jaffer said.

Persons: Joe Biden, Greg Baker, Biden, —, “, ” TikTok, Donald Trump, Trump, ByteDance, Mark Zuckerberg, TikTok, Mike Gallagher, Gallagher, ” Biden, Joint Base Andrews, it’s, Washington Sen, Maria Cantwell, ” Cantwell, ”, Jenna Leventoff, Ken White, Brown White, Osborn, White, It’s, Jameel Jaffer, Jaffer Organizations: Washington CNN —, White, Biden —, Apple, Google, House Energy, Commerce, Trump, Facebook, Republican, Biden, Wisconsin Republican, Joint Base, Senate, CNN, American Civil Liberties Union, Columbia University Locations: United States, China, ByteDance, Beijing, AFP, Iran, Russia, North Korea, Washington

☆ He prosecuted child sex predators. Now, he’s going after Meta for allegedly enabling them
▼ + stars: | 2024-03-08 | by ( Clare Duffy | ) edition.cnn.com time to read: +13 min

Meta, along with other major social media companies, faces growing scrutiny over the safety of young users on its platforms. But of the several lawsuits filed against Meta over child safety in recent years, none have focused as pointedly as Torrez’s case on alleged child sexual exploitation. In some cases, Torrez said he volunteered to take child abuse cases and to visit safe houses to conduct interviews with child victims. The New Mexico Attorney General's office alleges it found in an investigation of Facebook and Instagram accounts promoting sexualized images of minors. Meta also says it has removed hundreds of thousands of accounts, groups and devices for violating its child safety policies.

Persons: Raúl Torrez, Torrez, Presiliano Torrez, ”, Mark Zuckerberg, pornographers, General Raúl Torrez, Countess, ” Torrez, Zuckerberg, Frances Haugen, ” Meta, Obama, Meta, Rebecca Wright, —, Linda Atkinson, aren’t, “, New Mexico Attorney General's, Issa Bee, Issa, you’re, Nkechi Nneji, Evelyn Hockstein, Ann Olivarius, McAlister Olivarius Organizations: New, New York CNN, Facebook, Meta, Tech, Getty, CNN, Communications, ”, Harvard, London School of Economics, Stanford Law School, New Mexico Department of Justice, New Mexico Attorney, PayPal, National Center for, Force, Reuters, Bureau, US News Locations: New York, New Mexico, Torrez, Washington ,, Albuquerque, Mexico, ”, Bernalillo County, Torrez’s, United States

☆ Missed the Nvidia rally? These 10 companies are buying its chips — and their stocks are rallying
▼ + stars: | 2024-03-08 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

Super Micro , Tokyo Electron Device , Meta Platforms , Tata Motors and Mitsui are among the stocks that have seen the most significant gains over the past year. According to FactSet, their share price movement correlates between 93% and 98% of the time with Nvidia's stock. Super Micro Super Micro, which makes computer servers, has benefitted directly from using Nvidia's AI chips in its products. Tokyo Electron Device Tokyo Electron Device is a distributor of Nvidia's chips in Japan. Tokyo Electron Device is a listed subsidiary of Tokyo Electron , Japan's largest chip-manufacturing equipment maker.

Persons: FactSet, Meta, Mark Zuckerberg, Paul Meeks, Meeks, —, Jonathan Vanian, Weizhen Tan Organizations: Nvidia, CNBC Pro, Nvidia's, Tata Motors, Mitsui, Microsoft, Meta, Facebook, Super, Tech, Portfolio Management Locations: Tokyo, Japan

☆ You probably missed one of the biggest shows of wealth at the Ambanis' pre-wedding celebration, and it had nothing to do with the bride and groom
▼ + stars: | 2024-03-07 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

Read previewThere were grandiose displays of wealth at Anant Ambani's pre-wedding celebrations in India, but the mother of the groom-to-be may have stolen the show. Anant is the youngest son of Nita and Mukesh Ambani. Radhika Merchant and Anant Ambani, son of Mukesh Ambani, the Chairman of Reliance Industries. AdvertisementThe Mirror of Paradise ring. Last weekend, Anant personally thanked and praised Nita during a speech for pulling the pre-wedding celebration together.

Persons: —, Anant Ambani's, Anant, fiancée Radhika Merchant, Nita, Mukesh Ambani, Mukesh, Radhika Merchant, Anant Ambani, Rihanna, Bill Gates, Mark Zuckerberg, Manish Malhotra, that's, Richard Drew, Nita Mukesh Ambani, She's, Mama Organizations: Service, Business, Reliance Industries, GQ India, Bazaar Locations: India, Asia, Mumbai

☆ Cramer explains the economy by looking at the cost of potato chips and microchips
▼ + stars: | 2024-03-07 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Thursday opined on the economy, remarking on the country's sizeable wealth gap using a "chip" analogy. He said wealthy investors and businesses are devouring microchip companies while the cash-strapped consumer balks at the inflated cost of food items like potato chips. He noted that Nvidia shares shot up so much that its investors would not know the price difference between name-brand and generic potato chips. Unlike potato chips, costly microchips deliver businesses such large returns on their investments that they're addictive, he added, saying they're essential to new generative artificial intelligence products. "Maybe one day the productivity gains we get from these microchips will make potato chips more affordable," Cramer said.

Persons: CNBC's Jim Cramer, twain, I've, Cramer, Mark Zuckerberg, Zuckerberg, Meta Organizations: Nvidia, Big Tech

☆ Tech insiders are cashing out during the AI-fueled stock rally
▼ + stars: | 2024-03-06 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

Nvidia Nvidia is the leader of the pack with shares surging more than 70% year to date, following a nearly 240% advance last year. A number of directors at the company sold shares in late February amid the fierce rally. NVDA 1Y mountain Nvidia Nvidia has been the primary beneficiary of the recent technology industry obsession with large artificial intelligence models, which are developed on the company's pricey graphics processors for servers. Meta Platforms Meta CEO Mark Zuckerberg trimmed his stake in separate sales over the past week. Satya Nadella (CEO) sold 1,300 shares on March 1 Bradford L. Smith (vice chair and president) sold 48,300 shares in early February.

Persons: Mark Stevens, Michael McCaffery, Mark Perry, Harvey Jones, Mark Zuckerberg, Zuckerberg, Meta's, Sherman Tuan, George Kao, Don Clegg, Lisa Su, Darla M, Smith, Mark Papermaster, Satya Nadella Organizations: Nvidia, Nvidia Nvidia, Microsoft, Whirlpool, AMD, Microsoft Microsoft, Bradford, Amazon Web Services

☆ You can save yourself some awkward moments by editing your cringey DMs, thanks to Instagram's latest update
▼ + stars: | 2024-03-06 | by ( Alexandra Bacon | ) www.businessinsider.com time to read: +2 min

Users can edit DMs, switch off read receipts, and pin messages from their top contacts. AdvertisementInstagram has announced a new feature that allows you to edit a direct message — as long as you realize your mistake within 15 minutes. You can also switch off read receipts if you don't want someone to know you've seen their message. Read receipts can be altered by going to "messaging and story replies" in account settings and toggling the read receipts button off. Direct messaging also allows content creators to make money through subscriber-only group chats or to pitch paid partnerships with brands.

Persons: Instagram, —, you've, You'll, Mark Zuckerberg, Zuckerberg Organizations: Messaging, Service, Meta

☆ Elon Musk gloats after Meta resorted to announcing an Instagram and Facebook outage on X
▼ + stars: | 2024-03-06 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Meta used rival platform X to announce the news. Elon Musk took the opportunity to mock the rival tech company. AdvertisementMeta suffered a significant outage on Tuesday and resorted to using rival platform X to announce the news. Musk quickly seized on the opportunity to mock the rival tech company in a series of posts. Advertisement"If you're reading this post, it's because our servers are working," Musk jibed.

Persons: Meta, Elon Musk, —, Andy Stone, Musk, Stone, Mark Zuckerberg, Zuckerberg Organizations: Facebook, Service, Elon, Meta, Business

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