According to a JPMorgan survey of investors, Meta Platforms Inc. is expected to be the top-performing megacap internet stock this year. This suggests a rebound for the Facebook parent after its worst year on record.
Byju's, the world's most valuable edtech startup, is seeking more time from creditors to renegotiate an agreement governing a $1.2 billion loan that is in breach of covenants, according to people with knowledge of the matter.
TikTok CEO Kevin Mayer has been meeting with European Union commissioners in an effort to charm them.
The central bank district's monthly Survey of Consumer Expectations for December showed that the one-year inflation outlook declined to 5%, down 0.2 percentage points from the previous month. This is the lowest level since July 2021.
Five days after OpenAI released ChatGPT, Altman said that the chat research tool crossed 1 million users.
Last year, Moscow cut gas deliveries to Europe in what Western officials say was an economic attack in retaliation for their support for Ukraine. The impact was quickly felt across countries and businesses, pushing up energy prices and threatening to tip Germany and other nations into a recession.
ChatGPT is a chatbot that uses artificial intelligence to generate responses to questions. Some people believe that ChatGPT is a sophisticated robot that can hold intelligent conversations, while others believe that it is a machine that spreads misinformation.