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The Latest Breaking News from Rob Enderle

AI Bubble Or 'Revolution'? OpenAI's Big Payday Fuels Debate

Fear of missing out has rocketed the value of artificial intelligence companies, despite few signs as to when the technology will turn a profit, raising talk of AI overenthusiasm.

International Business Times

Elon Musk says new Twitter chief has been hired

Elon Musk says new Twitter chief has been hired

San Francisco (AFP) - Elon Musk on Thursday said he has hired someone to replace him as boss of Twitter and its newly named X Corporation parent.

Musk's moves felt from Wall Street to the Vatican

Musk's moves felt from Wall Street to the Vatican

San Francisco (AFP) - Elon Musk was at the news epicenter Thursday, from stripping Pope Francis of Twitter verification to Tesla's drag on stocks and the explosion of the world’s largest rocket.

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Eyes on Apple to Join Quest for the Metaverse

Apple fans are watching to see whether the iPhone-maker puts a culture-changing spin on virtual reality, even as rivals slow their march toward the metaverse. All eyes are on whether Apple will commit to releasing long-rumored VR or augmented reality (AR) "goggles" at its annual Worldwide Developers Conference in June,…

Asharq Al-Awsat

Eyes on Apple to join quest for the metaverse

San Francisco (AFP) - Apple fans are watching to see whether the iPhone-maker puts a culture-changing spin on virtual reality, even as rivals slow their march toward the metaverse.

Twitter cuts more staff as Musk turmoil grows

San Francisco (AFP) - Reports of more layoffs at Twitter landed on Monday as owner Elon Musk waded into a racism controversy that risked pushing advertisers further away from the struggling platform.

Report of new Twitter staff cut as Musk turmoil grows

New York (AFP) - Word of more layoffs at Twitter came Monday as its owner Elon Musk waded into a racism controversy giving advertisers more reason to steer clear of the struggling platform.

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Amazon Prime Video and studios architect Jeff Blackburn to retire

A key architect of Amazon Prime Video, Jeff Blackburn, is retiring from the e-retailing giant.

Los Angeles Times

Amazon warns of meager holiday season sales growth

Amazon warns of meager holiday season sales growth

San Francisco (AFP) - Amazon on Thursday predicted a slowdown in sales growth during the year-end holiday shopping season, sending shares in the e-commerce colossus tumbling.

Amazon quarterly profit slips as shoppers seek bargains

Amazon quarterly profit slips as shoppers seek bargains

San Francisco (AFP) - Amazon on Thursday said that its profit in the third quarter slipped more than 9 percent to $2.9 billion, despite an uptick in sales helped by Prime day bargains.

US tech titans buffeted by economic headwinds and TikTok

US tech titans buffeted by economic headwinds and TikTok

San Francisco (AFP) - US tech titans looking to the future are seeing growth take a beating in the face of foreign competition and a tough economy.

Google's money churning ad engine sputters in rough economy

Google's money churning ad engine sputters in rough economy

San Francisco (AFP) - Google parent Alphabet on Tuesday reported quarterly earnings that fell short of market expectations as belts tightened in the digital ad market that drives its revenue.

Google parent Alphabet's profits fall short at $14 bn

Google parent Alphabet's profits fall short at $14 bn

San Francisco (AFP) - Google parent Alphabet on Tuesday reported quarterly earnings that fell short of market expectations as belts tightened in the digital ad market that drives its revenue.

Bot battle: The tech that could decide Twitter's Musk lawsuit

Bot battle: The tech that could decide Twitter's Musk lawsuit

San Francisco (AFP) - If Twitter's lawsuit over Elon Musk's $44 billion buyout bid ever reaches trial, the case will likely center on a ubiquitous and often unloved technology: bots.

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The 'bots' at heart of Twitter buyout row

San Francisco (AFP) - Elon Musk's pausing of his bid to buy Twitter due to questions over "bots" has put the artificially-operated accounts at the heart of the proposed deal's latest controversy.

Twitter, analysts wary of Musk takeover bid

San Francisco (AFP) - As tempting as access to Elon Musk's wealth may be, Twitter is not eager to be ruled by a billionaire known for shooting from the hip with little regard for the consequences.

Asharq Al-Awsat

Netflix Shares Plunge as Subscribers Drop

Netflix shares lost a quarter of their value Tuesday after the company revealed its ranks of subscribers shrank in the first quarter of this year. It was the first time in a decade that the leading streaming television service had lost subscribers.

Netflix shares plunge as subscribers drop

San Francisco (AFP) - Netflix shares lost a quarter of their value Tuesday after the company revealed its ranks of subscribers shrank in the first quarter of this year.

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Tesla inaugurates huge Texas plant with 'Cyber Rodeo'

Austin (AFP) - Tesla welcomed throngs of electric car lovers to Texas Thursday for a huge party dubbed a "cyber rodeo" to inaugurate a manufacturing plant the size of 100 soccer fields.

Asharq Al-Awsat

Facebook's Crypto Project Diem Sold after Pushback

The Facebook-backed digital currency project Diem announced Monday the winding down and $182-million sale of its technology, capping a years-long initiative that drew significant concern from regulators. Facebook's announcement in 2019 of plans to design a cryptocurrency and payment system raised immediate red flags for global finance officials, who expressed…

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