AI will be the "defining mega-trend" for the global computing industry, the head of chip giant AMD said Thursday in Taiwan, where the majority of the world's semiconductors...

Elon Musk has escalated his rivalry with Mark Zuckerberg in his latest tweets, calling the Meta co-founder a "cuck." Since Zuckerberg's Meta launched Threads, a text-based social media app to rival Musk's Twitter, the two billionaire businessmen have been exchanging jibes online. Some of these include Zuckerberg taking to Twitter for the first time in 11 years to post a Spider-Man meme, Musk challenging Zuckerberg to a cage fight and Twitter threatening Threads with a lawsuit. Sign up to our free Indy100 weekly newsletter Now, Musk has responded to a screenshot from Threads that shows a post from the official account of the fast-food chain Wendy’s that reads: "hey @zuck, you should go to space just to make him really mad lol." To which Zuckerberg replied with a crying laughing emoji. Though clearly, this didn't amuse Musk as he declared on Twitter in response: "Zuck is a cuck." And he didn't stop there, in a follow-up tweet suggested another contest - not a cage-fighting one this time but something more explicit: "I propose a literal d*** measuring contest," Musk tweeted, along with a ruler emoji. The Elon Musk parody account cracked a joke in response to the real Musk's latest tweets: "At this point, I can't keep track of which account I'm tweeting from." This is the same parody account that called Zuckerberg a "lizard boy," and caught the attention of the actual Elon Musk who responded: "So many people think this account is me," with the eyes emoji. Zuckerberg has yet to respond in this war of words, though clearly this feud is far from over... Elsewhere, what is Threads, Instagram's 'text-based' alternative to Twitter, Threads users issued warning over new social media app, and Elon Musk responds to parody account calling Mark Zuckerberg 'lizard boy'. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

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CITY OF INDUSTRY, Calif.--(BUSINESS WIRE)--Sep 12, 2023--

Europe’s carbon emissions from power plants and industry have been even lower to start the year than they

Less than a week after X CEO Linda Yaccarino claimed the platform formerly known as

LOS ANGELES--(BUSINESS WIRE)--May 24, 2023--

By Zeba Siddiqui SAN FRANCISCO Hackers who breached casino giants MGM Resorts International and Caesars Entertainment in recent

Mark Zuckerberg’s big bet on the metaverse has now lost $40 billion – and the company intends to lose even more. The huge figures were revealed as part of Meta’s latest results, which generally showed a strong rise in advertising revenue. But they also showed an increase in expenses at the company, with the development not only of the metaverse but also artificial intelligence and legal fees. Meta has been dramatically cutting costs and laying off staff. But at the same time it has been spending heavily on some projects, such as the metaverse, in the face of criticism from those who suggest that the bet is unlikely to pay off. That work on the metaverse is done by the company’s Reality Labs unit, which is responsible for developing technology like augmented reality glasses. It reported sales of $276 million, down from $452 million in the same quarter last year. The unit lost $3.7 billion in the second quarter, putting it on track to have far higher costs than the $5 billion annual target set out in a widely circulated investor note in the fall. The unit has lost more than $40 billion since 2021, including $13.7 billion last year. Meta said it expected Reality Labs operating losses to “increase meaningfully” in 2024 as the company continued to invest in augmented and virtual reality and “scale our ecosystem.” Zuckerberg had previously said Meta would “pace” investments in the division after 2023. He told investors he understood why many of them would feel discomfort over such a long-term bet. But the positive results across the company pushed Meta shares up 7.5 per cent. “We continue to see strong engagement across our apps and we have the most exciting roadmap I’ve seen in a while with Llama 2, Threads, Reels, new AI products in the pipeline, and the launch of Quest 3 this fall,” Meta chief executive Mark Zuckerberg said. Meta’s second-quarter revenue grew 11% to $32 billion in the quarter ended June 30, compared with analysts’ average estimate of $31.12 billion. Ad revenue rose 12% in the quarter, faster than growth at Google, where ad revenue rose 3%. Adjusted earnings per share of $2.98 topped Wall Street targets of $2.91, according to data from Refinitiv. The social media giant has been climbing back from a bruising 2022, buoyed by hype around emerging AI technology and an austerity drive in which it has shed around 21,000 employees since last fall. The company’s shares have more than doubled in value this year as a result. Advertisers are reinforcing those gains by pumping money into digital ads again after months of muted spending, heartened by signs that the economy may overcome a bout of high inflation without suffering a major meltdown. Brands are hedging their bets, however, and sticking with tried and true platforms. That helps Meta and Alphabet while punishing smaller players like Snap, which reported disappointing sales on Tuesday. Meta’s revenue forecast did not specify whether the figure includes any sales that might come from the recently launched Threads app, which does not yet have ads. Additional reporting by Reuters Read More Elon Musk’s ‘X’ is already trademarked by Mark Zuckerberg How Mark Zuckerberg’s new ChatGPT rival could lead to ‘obscene’ AI Meta unveils its ChatGPT rival Llama Here’s how to claim your share of $725m settlement in Facebook’s privacy lawsuit Elon Musk forces firms to pay X $1,000 to keep gold ticks Slack has stopped working

FIFA 23 FUTTIES release date is currently unknown, but based on last year's calendar it should start around July 14.

NEW YORK Meta is planning to lay off employees on Wednesday in the unit of its metaverse-oriented Reality

The Biden administration handed a setback to makers of bio and renewable diesel with federal quotas for the