Tesla’s Fourth-Quarter Earnings Report Sharp Drop in Profit
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
The electric car company run by Elon Musk is facing increasing competition, but investors have focused mostly on the prospects for Tesla’s self-driving technology.
The tech giant’s revenue was up 12 percent to $69.6 billion, but investors are showing their nerves after a long boom for tech stocks.
A top official at the General Services Administration said artificial intelligence could be used to identify waste and redundancies in federal contracts.
President Trump had sued Meta and other tech firms in 2021, arguing that he had been wrongfully censored by them. Meta also reported revenue and profit growth for the fourth quarter.
Three years after starting a club meant to fight social media’s grip on young people, many original members are holding firm and gaining new converts.
The tool, called Deep Research, arrives days after OpenAI released another one, which shops for groceries and books restaurant reservations.
The tech giant’s sales of apps and services helped profit grow 7 percent from a year ago, even as the company contended with slumping sales in China.
In a meeting with Meta employees on Thursday, Mr. Zuckerberg also doubled down on recent changes to the company’s online speech policies and ending its diversity initiatives.
General Motors and a few other companies make as much as 40 percent of their North American cars and trucks in Canada and Mexico, leaving them vulnerable to tariffs.