Meta is building a giant AI model to power its ‘entire video ecosystem,’ exec says
Tom Alison, the head of Facebook, said on Wednesday that the company is working on an artificial intelligence model to “power our entire video ecosystem.”
Ex-Google software engineer charged with stealing AI technology while working with Chinese companies
Linwei Ding, a Chinese national, was arrested in Newark, California, on four counts of federal trade secret theft, each punishable by up to 10 years in prison.
NYCB shares rebound after troubled regional bank announces $1 billion capital raise
The regional bank stock has been under pressure this year after disclosing potential losses in its loan book.
What the SEC vote on climate disclosures means for investors
The rule passed in a 3-2 vote but is watered down from the initial version proposed in March 2022.
Don’t be enticed by the gold rally, expert says: Investors ‘buy gold and hope it doesn’t go up’
Gold does well when other assets — and the world, are in trouble. And so even those who join the rally should root against the yellow metal, experts say.
5 cheap stocks to buy on any pullback, according to investor Sarat Sethi
Now is the time to diversify your portfolio beyond flashy tech plays, according to Sarat Sethi, portfolio manager of Douglas C. Lane & Associates.
European markets close higher as investors digest UK budget statement
European markets bounced back to close higher on Wednesday as investors in the U.K. digested the 2024 budget statement.
3 simple ways to become more influential at work, says Stanford expert: ‘There’s nothing more powerful’
Becoming more influential at work starts with understanding your office’s particular social dynamics, says Stanford University lecturer Matt Abrahams.
Russian oligarch’s yacht is costing U.S. taxpayers close to $1 million a month
The Justice Department is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging it was owned by Suleiman Kerimov.
