Tech megacaps to spend more than $300 billion in 2025 to win in AI

Megacap technology companies funneled billions of dollars into artificial intelligence last year to try and keep up with unfettered demand. The hype isn’t dying down in 2025. Meta, Amazon, Alphabet and Microsoft intend to spend as much as $320 billion combined on AI technologies and datacenter buildouts in 2025, based on comments from their CEOs … Read more

Here’s why you’re suddenly following President Trump on Instagram

(L-R) Priscilla Chan, CEO of Meta and Facebook Mark Zuckerberg, and Lauren Sanchez attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the US Capitol Rotunda in Washington, DC, on January 20, 2025.  Saul Loeb | Afp | Getty Images Instagram users are complaining this week that they’re … Read more

Mark Zuckerberg slams Apple on its lack of innovation and ‘random rules’

Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg slammed rival tech giant Apple for lackluster innovation efforts and “random rules” in a lengthy podcast interview on Friday. “On the one hand, [the iPhone has] … Read more

Mark Zuckerberg says Biden pushed Meta to remove posts on vaccines

Meta CEO Mark Zuckerberg appears at the Meta Connect event in Menlo Park, California, Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg told Joe Rogan in a podcast published Friday that his company was pressured by the Biden administration to remove content on side effects of Covid vaccines. … Read more

Meta eliminates fact-checking in nod to Trump

Meta on Tuesday announced it will eliminate its third-party fact-checking program to “restore free expression” and move to a “Community Notes” model, similar to the system that exists on Elon Musk‘s platform X. The company said Community Notes will be written and rated by contributing users to provide more context to posts across its platforms, … Read more

Washington Post cartoonist quits after drawing of Bezos, other billionaires with Trump rejected

Editorial cartoonist Ann Telnaes Courtesy of Ann Telnaes A Washington Post cartoonist has quit her role at the paper, saying that her bosses blocked publication of a satirical cartoon that depicted billionaires, including one resembling Post owner Jeff Bezos, kneeling before President-elect Donald Trump. Ann Telnaes, a Pulitzer Prize-winning cartoonist, said in a blog post … Read more

Larry Ellison has banner year as Oracle gains most since dot-com boom

Larry Ellison and Monica Seles and Bill Gates (back row) watch Carlos Alcaraz of Spain play against Alexander Zverev of Germany in their Quarterfinal match during the BNP Paribas Open in Indian Wells, California, on March 14, 2024. Clive Brunskill | Getty Images It’s been a good year for Larry Ellison. Oracle’s co-founder has gained … Read more

Why Amazon, Facebook, Ford are spending big

Republican presidential nominee, former U.S. President Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Chip Somodevilla | Getty Images Top CEOs and their companies are pledging to donate millions of dollars to President-elect Donald Trump‘s inaugural committee, as … Read more