Tech Brew Ride Home Thu. 07/27 – Meta Back To Par
Jul 27, 2023
Meta's earnings show a strong comeback, highlighted by advancements in AI and short-form video. Rumors swirl around the new iPhone featuring an ‘action’ button for various functions. Waymo hits the brakes on self-driving trucks, refocusing on ride-hailing. In legal news, Sam Bankman-Fried faces serious allegations amid a gag order. Lastly, T-Mobile rolls out lightning-fast 5G, promising speeds of up to 3.3 Gbps. Exciting times ahead in tech!
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Meta's Rebound
- Meta's Q3 revenue growth is projected at 20%, signaling a return to pre-pandemic levels.
- This rebound follows cost-cutting and AI improvements in advertising.
Microsoft's Antitrust Investigation
- The EU launched an antitrust investigation into Microsoft for bundling Teams with Office.
- This marks Microsoft's first antitrust investigation in over a decade.
iPhone's Action Button
- Upcoming iPhones may feature an "action button" similar to the Apple Watch Ultra.
- This button could offer quick access to features like silent mode, camera, flashlight, and shortcuts.