Apple shares fell about 2% in Tuesday trading, the day after the iPhone maker said it wouldn’t meet its quarterly revenue guidance due to the impact of the coronavirus. Most other tech stocks were unaffected, however, a sign that investors continue to be unworried about the broader impact of the virus. Shares of Tesla, for instance, which has a factory in China, was up 7% to $858, continuing its...
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Microsoft CEO Says AI ‘Vicious Cycle’ Will Boost Google; Meta and OpenAI’s Other Rivalry
CEOs often speak from both sides of their mouth, depending on who their audience is. On Monday, Microsoft CEO Satya Nadella painted a scary picture of how Google could multiply its power in the age of artificial intelligence. His doom and gloom comments, made before a federal judge in Washington, contrasted with an upbeat Nadella from February who said that Microsoft’s Bing search—then being...
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