This was a wild year for the tech sector, but how did social media companies specifically do? Daniel Ives, Chief Strategy Officer & Head of Technology Research at GBH Insights, and Jason Moser, Analyst at The Motley Fool, join The Long and The Short to discuss Snap, Twitter, and Facebook.
Snap went public just 9 months ago and the company has already given investors with three straight disappointing earnings reports. Moser and Ives talk about how the camera company misjudged the demand for Spectacles.
Plus, how Facebook will fare after a year of "fake news" accusations. The platform recently put out new rules against hate groups. Investors are a little nervous after Zuckerberg announced that 2018 would be the year of spending. Expenses are projected to rise 45% to 60% from this year.
The Biden administration announced the first of many coming federal investments in computer chip production, saying Monday that it would provide $35 million for BAE Systems to increase production at a New Hampshire factory making chips for military aircraft, including F-15 and F-35 jets.
English Wikipedia raked in more than 84 billion views this year, according to numbers released Tuesday by the Wikimedia Foundation, the non-profit behind the free, publicly edited online encyclopedia. And the most popular article was about ChatGPT (yes, the AI chatbot that’s seemingly everywhere today).
