By Staff Reporters
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- Meta gave about 10% of its staff performance reviews indicating they were under performing, WSJ reported.The performance reviews signal that Meta could be gearing up for another round of layoffs.Meta let go of about 11,000 workers late last year and dubbed 2023 the “Year of Efficiency.”
MSFT BING: The software giant now limits the number of queries per day a user can make on its artificial-intelligence-powered Bing search engine – Get Free Report. The company has been inundated with requests from users who want to test the Bing Chabot. You have to register in a wait-list to have access to the new Bing. The influx of users has been a very encouraging sign from Microsoft, whose CEO Satya Nadella sees Bing Chatbot as the start of a “paradigm shift,” and a huge growth opportunity.
“These paradigm shifts or platform shifts are a great opportunity for us to innovate,” Nadella said on Feb. 7. “It’s more a priority for us to say what, how can we rethink what search was meant to be in the first place. In fact, Google success in the initial base was by reimagining what can be done in search.”
Wrap-Up on Markets: Stocks offered up a mixed bag last week, as investors continued to fret that the FOMCs rate hike path will just keep on raging. However, John Deere stock had its best day in two years after the tractor company raised its profit forecast for 2023.
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Filed under: "Ask-an-Advisor", Alerts Sign-Up, Events-Planner, Financial Planning, Funding Basics, Information Technology, Investing | Tagged: Bing, chatbot, DJIA, Facebook, FB, FOMCs, John Deere, Meta, MSFT, NASDAQ, S&P 500, Satya Nadella | Leave a comment »