Meta loses 300 billion plus in march what is making investors so worried about facebook instagram and whatsapp parent.jpg

Meta loses $300 billion-plus in March, what is making investors so worried about Facebook, Instagram and WhatsApp-parent

Representative Image. In pic: Meta CEO Mark Zuckerberg Facebook parent Meta has reportedly lost over $310 billion in market capitalisation in March alone. This decline comes as legal risks and concerns about the company’s heavy spending on artificial intelligence (AI) weigh on investor confidence in the social media giant that owns Facebook, Instagram, and WhatsApp,…

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Aravind Srinivas: Perplexity AI CEO Aravind Srinivas, who once made $30 billion-plus offer to buy Google Chrome browser, now says: Google search does a much better job than anyone else in the world |

Perplexity CEO Aravind Srinivas, who once offered $34.5 billion for Google Chrome, now defaults Google search on his company’s Comet iOS browser. He acknowledges Google’s superiority for everyday navigational queries, while Comet aims to enhance answer quality and multimodal capabilities. This pragmatic approach positions Comet as a complementary tool, not a direct competitor, to Google….

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Founder of AI company that Mark Zuckerberg spent $2 billion-plus on makes a long clarification on OpenClaw that Sam Altman just bought

Manus co-founder Yichao ‘Peak’ Ji clarified his company’s new personal agent mode is independent of OpenClaw, despite OpenAI’s recent acquisition of the latter. Ji acknowledged OpenClaw’s philosophical contribution to agent safety boundaries, while highlighting Manus’s own robust security features. Manus is now prioritizing accessibility and natural language interaction. Just days after Sam Altman announced that…

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Nvidia CEO Jensen Huang on why $250 billion-plus wipe out in global stock markets triggered by Anthropic AI is purely ‘ILLOGICAL’

Jensen Huang, CEO, Nvidia Nvidia CEO Jensen Huang has dismissed the market panic that recently erased over $250 billion from global software stocks. Defending the software industry against fears that AI will make it obsolete, the chief executive of the world’s most valuable company has said that this concern is the “most illogical thing.” Speaking…

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