Meta Platforms has made another major hire in its push for artificial-intelligence supremacy, this time poaching one of Apple top AI researchers, according to a report Tuesday from The Wall Street Journal. Ruoming Pang, who previously led Apple’s AI and machine-learning foundation model team, will join Meta newly formed Superintelligence Labs unit. Meta CEO Mark Zuckerberg lured Pang with a pay package worth tens of millions of dollars, the Journal reported...
Continue ReadingShareholders of 30 major corporations, collectively valued at more than $13 trillion, have voted overwhelmingly to reject anti-DEI proposals during 2025 proxy season, delivering a resounding defeat to conservative activist groups seeking to eliminate diversity, equity and inclusion initiatives...
Continue ReadingThe AI revolution has driven market gains in recent years, with the emerging tech promising productivity gains. Morning Brief Market Sunrise Host Ramzan Karmali takes a closer look at two stocks that have benefited from AI-related gains: Cisco (CSCO) and Meta (META). The team also examines recent reports that Meta has poached a top executive and AI engineer, Ruoming Pang, from Apple (AAPL), according to ac report from Bloomberg. Check out Yahoo Finance's interview with Cisco's president and chief product officer, Jeetu Patel, here. To watch more expert insights and analysis on the latest market action, check out more Morning Brief: Market Sunrise here...
Continue ReadingLucinity's platform has earned the distinction of being Microsoft Certified Software for Financial AI, a status that underscores its adherence to Microsoft's stringent standards for quality, security, and interoperability within the Azure ecosystem. This certification signifies the platform's ability to seamlessly integrate with existing Microsoft environments, enhancing its utility in financial institutions by facilitating smooth integration with current systems and tools. A highlight of.....
Continue ReadingApple has reportedly lost its top executive in charge of artificial models to Meta Platforms, as the Facebook parent continues to build up its new “Superintelligence” AI division...
Continue ReadingMeta is hiring away top AI talent from Apple. Matthew Bloxham of Bloomberg Intelligence is on "Bloomberg Brief."...
Continue ReadingNews of the day for July 8, 2025...
Continue ReadingRuoming Pang's move coincides with Meta's recruitment drive, led by CEO Mark Zuckerberg, to boost AI capabilities via newly established unit...
Continue ReadingExtended Amazon Prime Day could boost summer spending, Musk’s wealth plummets as rift with president dents Tesla, and more news to start your day...
Continue ReadingSince then, Trump has said the investments have swelled to $14 trillion, or roughly half of the nation's annual gross domestic product. The White House calls it "The Trump Effect" and features a rolling list on its website of more than 70 projects it says Trump's economic policies spurred, from a new bakery plant in Texas to a LEGO facility in Virginia and a microchip plant in Arizona...
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