$9.36 -3.45 (-26.93%) (As of 08/2/2024 ET) 52-Week Range $8.28 ▼ $17.90 Price Target $14.23 Snap Inc. NYSE: SNAP, the parent company of the popular quick messaging app Snapchat, saw its stock drop in after-hours trading following the release of Snap’s earnings report for the second quarter of 2024. Despite exceeding expectations in certain areas, Snap’s…
August 2, 2024August 2, 2024 Meta released its A.I. chatbot in India in June. It’s the company’s largest market, with over a billion subscribers across its apps, such as Facebook, WhatsApp, Instagram, and Threads. Meta increased its revenue forecast for the third quarter to USD 38.5 – USD 41…
A European privacy group has filed complaints against Meta (NASDAQ: META) in Germany, France and nine other countries over its plans to train its artificial intelligence (AI) models using users’ data. Austrian privacy rights activist group NOYB took aim at Meta over a recent change to its privacy policy that allows it to tap on…
The Federal Trade Commission (FTC) and the Department of Justice (DOJ) are coordinating efforts to investigate potential antitrust violations by major tech firms. The DOJ will focus on Nvidia, scrutinizing its dominance in AI chip production, while the FTC will examine the relationship between Microsoft and OpenAI, especially considering Microsoft’s $13 billion investment in OpenAI….