Meta’s revenue jumped 24% to $59.9 billion last quarter, powered by AI-boosted ads. Yet on the earnings call, Mark Zuckerberg offered few details on the company’s costly AI reset, instead asking investors to trust the “trajectory” of releases coming in 2026.
Apollo Global Management is delivering big returns for wealthy individuals by focusing on risky, single-asset private equity bets. The strategy involves “continuation funds” for companies that can’t be easily sold. But they’re avoiding the AI hype to manage the risk.
Business Insider is shifting focus after a two-year foundational transformation. The outlet’s 2026 goals are clear: hit financial targets and become a daily routine for its core audience. The strategy is already showing early results in traffic and return visits.
According to a new report, Apple’s internal AI development is powered by custom versions of Anthropic’s Claude. This comes despite the company’s recently announced partnership with Google for consumer-facing AI features.
Steve Rabuchin, VP of Amazon’s satellite project Leo, has retired after over 20 years. In other moves, Madrona partner Jon Turow is joining Anthropic, and Convera has hired Google Cloud’s Meaghan Riley as its chief commercial officer.
The South African National Energy Development Institute is losing its CEO. Dr Titus Mathe is stepping down on March 31 to become the new head of the Technology Innovation Agency. The board has started the search for his replacement.
Apple reported a massive earnings beat, fueled by a 23% surge in iPhone sales to $85.27 billion. However, the stock dipped as analysts expressed concern over rising memory costs and a lack of full-year guidance, overshadowing the strong quarter.
According to Android Authority, Samsung is facing growing consumer disillusionment. The upcoming Galaxy S25 Ultra may lose a core S Pen feature, and the S26 series isn’t expected to bring major upgrades either.
A UK state savings bank is in a massive IT crisis. Its transformation program is wildly over budget and behind schedule, forcing a desperate rethink that could mean abandoning old systems.
Nubank, the massive Latin American digital bank, has won conditional approval for a U.S. national bank charter. The move is a major step in its global expansion, with plans to launch deposit accounts and credit cards stateside.
