Is Zoom Video A Buy As Microsoft Unbundles Teams, Office Tools?
Amid the emergence of generative AI, new corporate products and services could boost Zoom stock but Microsoft looms.
Amid the emergence of generative AI, new corporate products and services could boost Zoom stock but Microsoft looms.
Microsoft is now selling Teams as a separate entity from Office 365 to customers worldwide.
Meta's AI reality check has dented hopes for a Big Tech revival for stocks, with a GDP update showing the US economy grew slower than expected in the first quarter.
Generative AI has captured the public imagination with a leap into creating elaborate, plausibly real text and imagery out of verbal prompts. Now, Synthesia -- one of the ambitious AI startups working in video, specifically custom avatars designed for business users to create promotional, training and other enterprise video content -- is releasing an update that it hopes will help it leapfrog over some of the challenges in its particular field. Unlike other generative AI players like OpenAI, which has built a two-pronged strategy -- raising huge public awareness with consumer tools like ChatGPT while also building out a B2B offering, with its APIs used by independent developers as well as giant enterprises -- Synthesia is leaning into the approach that some other prominent AI startups are taking.
Two-thirds of Americans reported that they feel confident they have enough money for a comfortable retirement, up a notch from last year.
The stories you need to start your day: Idaho’s abortion case, a ‘Masked Singer’ reveal and more in today’s edition of The Yodel newsletter.
Two veteran security experts are launching a startup that aims to help other makers of cybersecurity products to up their game in protecting Apple devices. Wardle then worked as an offensive security researcher for years before switching to independently researching Apple macOS defensive security. Since 2015, Wardle has developed free and open-source macOS security tools under the umbrella of his Objective-See Foundation, which also organizes the Apple-centric Objective By The Sea conference.
Meta reported its Q1 earnings after the bell, beating analysts' expectations on the top and bottom, but a disappointing Q2 forecast sent shares falling.
Investors face mixed signals from Wall Street — as well as a historical calendar that suggests some chop might be around the corner.
TikTok has vowed to challenge in court a new law that could result in a ban of the video app in the US, but it could find that it is on less-than-solid legal ground.
Paris-based Edonia, is one of the startups working on creating protein ingredients using microalgae. Edonia joins companies like Bevel, AlgaeCore Technologies, Algenuity and NewFish that are all tapping into the global market for commercial algae expected to be valued at $25.4 billion by 2033. Now armed with €2 million ($2.1 million), the company is moving forward with producing plant-based ingredients from microalgae biomass generated from spirulina or chlorella that Valentin claims is more nutritious than meat, Edonia CEO Hugo Valentin told TechCrunch.
IBM wisely gravitated away from trying to be a pure cloud infrastructure vendor years ago, recognizing that it could never compete with the big three: Amazon, Microsoft and Google. It began with the $34 billion Red Hat acquisition in 2018, continued with the Apptio acquisition last year and it kept it going on Wednesday when the company announced that it would be acquiring cloud management vendor HashiCorp for $6.4 billion. With HashiCorp, Big Blue gets a set of cloud lifecycle management and security tools, and a company that is growing considerably faster than any of IBM’s other businesses — although the revenue is small by IBM standards: $155 million last quarter, up 15% over the prior year.
The ageless star says a spritz of rose water in the morning is 'so gentle' and wakes up the face.
JioCinema, the popular Indian on-demand video-streaming service, introduced a new monthly subscription plan on Wednesday, with the lowest tier costing just 35 cents. The revamp in the pricing strategy comes as the market-leading service seeks to exert greater pressure on rivals including Netflix and Prime Video and "redefine the narrative of premium entertainment." The service — backed by Asia's richest man, Mukesh Ambani — introduced two monthly tiers: 89 Indian rupees ($1), featuring support for four simultaneous screen access, and Rs 29, with single-screen access.
Sue Bird won four championships and made the playoffs 18 times with the Storm.
Hidden bargains include $200 off a Eufy robovac, and there's plenty more where that came from.
CarGurus data showed that all Tesla models saw deep double-digit declines in used pricing since 2023.
Perplexity AI's latest, large fundraising event could be quickly superseded by another, even larger chunk of capital, TechCrunch reports. Quick revenue growth at the company that has reportedly reached around $20 million worth of annual recurring revenue. Sure at $1 billion that's a 50x revenue multiple, but if the company is on a quick enough growth pace, investors paying up to 150x for its current ARR might not be as insane as it looks on paper, even if similarly priced bets back in the 2021-era often struggled.
The U.K.'s Competition and Markets Authority (CMA) is launching preliminary enquiries into whether the close-knit tie-ups and hiring practices involving Microsoft, Amazon and a trio of AI startups falls within the scope of its merger rules — and whether the arrangements could impact competition in the U.K. market. The announcement comes amid growing scrutiny of Big Tech's approach to M&A in the world of AI, where critics argue that the so-called "quasi-merger" has emerged as the flavor of the day as a means of bypassing regulatory scrutiny. Earlier this year, the Federal Trade Commission (FTC) launched its own enquiries into Alphabet, Amazon and Microsoft's various investments in emerging AI companies to establish whether the "partnerships pursued by dominant companies risk distorting innovation and undermining fair competition."
With the 2024 NFL Draft nearly here, fantasy football analyst Matt Harmon plays matchmaker for the top prospects at each position.
Google has once again delayed the phasing out of third-party cookies from Chrome. Now the company says it’ll happen in 2025.