Meta's AI gambits; Amazon's antitrust fight with FTC: Weekly tech roundup
Wall Street analysts are positive on Meta after the company unveiled new artificial intelligence features and showcased its latest range of head-worn devices at its annual “Connect” developers conference this past week.
UBS said it was"positively surprised by the level of innovation going on at Meta, the series of products likely to boost engagement, and a clear path to medium-term monetization potential of genAI products." FTC Chair Lina Khan, who has long advocated for a sweeping crackdown on Big Tech firms, declined to discuss a possible break-up of Amazon in a press briefing on Tuesday. Instead, she said, the focus is on"liability."
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