Meta Soars by Most in Decade, Adding $100 Billion in Value

Meta’s stock surged on Thursday after the company reported better-than-expected earnings, said it would buy back billions of dollars in its stock, and overcame a court challenge to its ambitions in the so-called metaverse. Shares of the tech giant, the owner of Facebook, Instagram and WhatsApp, climbed more than 24 percent, which would be its … Read more

Senator Calls on Apple and Google to Ban TikTok in App Stores

Senator Michael Bennet, Democrat of Colorado, called on Apple and Google on Thursday to remove TikTok from their app stores because of national security concerns, as bipartisan pressure on the Chinese-owned company escalates. Mr. Bennet, a member of the Senate Intelligence Committee, sent the chief executives of Apple and Alphabet, Google’s parent company, a letter … Read more

Meta Posts $4.2 Billion Restructuring Charge

Mark Zuckerberg, the chief executive of Meta, has spent months cutting costs at his company to appease investors, fix its flagging stock price and reshape the business. But first, he will have to pay up. On Wednesday, Meta, the owner of Facebook, Instagram and WhatsApp, reported that it was taking a $4.2 billion restructuring charge … Read more

OpenAI to Offer New Version of ChatGPT for a $20 Monthly Fee

In November, OpenAI wowed the world when it released an experimental online chatbot called ChatGPT that could answer questions, write poetry and riff on almost any topic tossed its way. Now, the tiny San Francisco start-up has announced that it will soon offer a commercial version of the chatbot, ChatGPT Plus, for $20 a month. … Read more

A.I. Bots Can’t Report This Column. But They Can Improve It.

Plagiarizing essays. Cheating on tests. Spreading misinformation. The advent of new, powerful artificial intelligence tools like ChatGPT has sparked concerns about the unintended consequences of the technology and debate over the ethical implications of its use. Despite concerns, A.I. assistants seem here to stay. After ChatGPT’s splashy debut late last year, Microsoft invested $10 billion … Read more

Tesla’s Self-Driving Technology Comes Under Justice Dept. Scrutiny

Federal officials have asked Tesla for documents related to the company’s self-driving software, the carmaker has disclosed, a potential setback for technology that Elon Musk, the chief executive, has identified as a critical competitive advantage. Tesla said in an annual report dated Monday and filed with the Securities and Exchange Commission that it had received … Read more