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27.04.26 - 22:42
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OpenAI Drops Exclusivity Deal with Microsoft | Bloomberg Tech 4/27/2026 (Bloomberg)
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Bloomberg's Ed Ludlow discusses Microsoft's and OpenAI's decision to drop exclusivity rights on AI models in a move that opens the doors for the rivals to make new deals. Plus, China blocks Meta's $2 billion purchase of AI startup Manus. And, the feud between Elon Musk and Sam Altman heads to court with the Tesla CEO alleging OpenAI abandoned its founding mission. (Source: Bloomberg)...
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27.04.26 - 21:30
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Snap Is Up 8% Today – Is It Outperforming Other Social Media Like Meta Platforms and Alphabet? (24/7 Wall St.)
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Shares of Snap (NYSE:SNAP) are up 8% in midday trading, hitting $6.11 after closing Friday at $5.65. That's the standout move in social media and digital ad land today, and it raises an obvious question for anyone watching the tape. Is Snap actually outperforming larger peers like Meta Platforms (NASDAQ:META) and Alphabet (NASDAQ:GOOGL)? The honest ... Snap Is Up 8% Today – Is It Outperforming Other Social Media Like Meta Platforms and Alphabet?...
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27.04.26 - 20:42
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Big Job Cuts Come Ahead of Big Tech Earnings (Bloomberg)
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Microsoft and Meta have announced plans that could reduce their workforces by thousands ahead of releasing their quarterly earnings later this week. Sarah Franklin, CEO of the human resources platform Lattice, says "Tokenmaxxing", AI use and large job cuts aren't the right things to focus on to free up capital. She joins Ed Ludlow on “Bloomberg Tech.” (Source: Bloomberg)...
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27.04.26 - 19:18
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China blocks $2bn Meta takeover of AI agent developer Manus (The Guardian)
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Beijing says domestic tech companies must seek explicit government approval for accepting US investmentBusiness live – latest updatesChina has blocked Meta's $2bn (£1.5bn) acquisition of an AI startup as it cracks down on US investments in domestic tech companies.Mark Zuckerberg's Meta, the owner of Facebook, Instagram and WhatsApp, announced the acquisition of Manus, a developer of autonomous AI agents, in December. Continue reading......
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27.04.26 - 16:48
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Why Meta’s Space-Based Solar Pact Is Really a Rocket Lab Story (24/7 Wall St.)
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Meta Platforms' (NASDAQ: META) pact to explore space-based solar power for its data center fleet is fundamentally a launch story. Beaming gigawatt-scale energy from orbit only works if you can deploy massive arrays cheaply and frequently, which puts the spotlight on launch economics and small-sat platforms. Several public companies sit somewhere on this stack. Here we ... Why Meta's Space-Based Solar Pact Is Really a Rocket Lab Story...
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