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Apple's New Protection Plan, AI-Generated Music on Spotify, and More

Apple's New Protection Plan, AI-Generated Music on Spotify, and More

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Meta Q2 2025 Earnings Preview: AI Spend in Focus
Meta Q2 2025 Earnings Preview: AI Spend in Focus

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Meta Q2 2025 Earnings Preview: AI Spend in Focus

Meta reports after the bell on July 30, 2025. Consensus implies gains of roughly 15% in revenue versus last year's $39.07 billion and 14% in EPS versus $5.16. Shares are up 21% year-to-date and 5% below the Jun 30 intraday record $747.90. Investors will watch CapEx discipline, with guidance now sitting between $64 to $72 billion for 2025, an increase from the prior outlook. Holding that range or outlining offsetting OpEx cuts would ease FCF worries. Still, Meta's aggressive hiring packages aimed at top AI talent could inflate expenses and offset any savings. Investors will also focus on the core ad engine. Maintaining ad-impression growth near Q1's 5% and price-per-ad gains around 10% YoY is critical to validating the nearly $44 billion ad-sales target and protecting Family-of-Apps margins. Reality Labs' losses of about $4 billion are expected, and any traction from smart-glasses or mixed-reality headsets could temper the bleed. A beat combined with positive commentary from CEO Mark Zuckerberg on AI trends would support the stock's 28 forward P/E, but another spending hike or signs of ad-demand fatigue may outweigh earnings upside. This article first appeared on GuruFocus.

FNZ partners with Microsoft to enhance wealth management through technology
FNZ partners with Microsoft to enhance wealth management through technology

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FNZ partners with Microsoft to enhance wealth management through technology

Wealth management platform FNZ has entered into a five-year global strategic partnership with Microsoft to advance the wealth management sector through technological innovation and AI-driven solutions. This collaboration merges FNZ's expertise in wealth management and its global presence with Microsoft's capabilities in AI, cloud infrastructure, and engineering. The integration of Microsoft Azure AI Foundry into FNZ's platform is expected to enhance interactions among financial institutions, advisors, and clients, providing more tailored and efficient digital wealth management experiences. FNZ anticipates that this partnership will enable quicker market introductions of new solutions, improve client outcomes, enhance advisor productivity, and foster innovation within the industry. Microsoft worldwide financial servicescorporate vice president Bill Borden said: 'Together, we are not just upgrading technology. We are setting a new standard for how wealth management is delivered. 'Partnering with Microsoft further advances our mission to open up wealth, by making investing more accessible to more people worldwide.' The collaboration aims to enhance the advisor and investor experience by integrating Azure AI Foundry capabilities and improving data analytics applications with Microsoft Fabric. It will also engage joint engineering initiatives to develop innovative digital wealth solutions. Additionally, FNZ plans to implement Microsoft 365 Copilot and intelligent agents to streamline operational processes. The partnership will also involve coordinated global marketing initiatives and participation in industry events to promote modular wealth solutions through various channels, including the Microsoft Marketplace. FNZ Group president Roman Regelman said: 'FNZ has always been at the forefront of innovation in wealth-management technology. 'Partnering with Microsoft allows us to accelerate our AI-led roadmap and enhances our ability to deliver personalised, intelligent and resilient solutions to our clients, strengthening our position of leadership.' FNZ currently partners with over 650 financial institutions, serves more than 26 million end investors, and manages nearly $2tn in assets. It is supported by major institutional investors such as Caisse de dépôt et placement du Québec, Canada Pension Plan Investment Board, Generation Investment Management, and Motive Partners. "FNZ partners with Microsoft to enhance wealth management through technology" was originally created and published by Private Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Corning forecasts upbeat quarterly core sales on AI-driven demand
Corning forecasts upbeat quarterly core sales on AI-driven demand

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Corning forecasts upbeat quarterly core sales on AI-driven demand

(Reuters) -Specialty glass maker Corning forecast third-quarter core sales above Wall Street estimates on Tuesday, led by artificial intelligence-driven demand for its optical connectivity products. Shares of the company rose about 6% in premarket trading. AI has been a growth driver for Corning's products, such as cables and connectors, which are increasingly used by hyperscale data centers to support the massive computing and data transmission demands. "We also expect an additional growth driver to emerge in the coming months, as new and existing customers seek to leverage our large U.S. advanced manufacturing footprint," CEO Wendell Weeks said. Based in New York, Corning also sells a break-resistant Gorilla Glass for mobile phones, tablets and smart watches, and has produced durable glass with infused color for the back of Apple's iPhone 15 and iPhone 15 Plus devices. Earlier this month, EU antitrust regulators accepted Corning's offer to waive exclusive deals with mobile phone makers and glass processing companies and scrap purchasing clauses to end an eight-month-long investigation and stave off a possible fine. Corning's largest unit - Optical communications - reported net sales of $1.57 billion in the second quarter, a rise of 41% from a year ago. Its core sales in the quarter rose 12% to $4.05 billion, compared with estimates of $3.86 billion, according to data compiled by LSEG. Corning expects third-quarter core sales to be around $4.2 billion, beating estimates of $4.01 billion. The company expects quarterly core earnings per share between 63 cents and 67 cents, compared with estimates of 61 cents. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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