When Facebook became Meta, Big Tech’s AI spending spree, and Elon Musk’s robots: Tech news roundup

When Facebook became Meta, Big Tech’s AI spending spree, and Elon Musk’s robots: Tech news roundup

Photo: Samuel Corum (Getty Images), TR/JIJI Press/AFP (Getty Images), Ethan Miller (Getty Images), Josh Edelson (Getty Images), Fabrice Coffrini (Getty Images), Beata Zawrzel/NurPhoto (Getty Images), Justin Sullivan (Getty Images), Timothy A. Clary (Getty Images), Fentino (Getty Images), Image: Andrej Sokolow (Getty Images)

Tesla CEO Elon Musk Photo: Samuel Corum (Getty Images)

Tesla ( TSLA ) CEO Elon Musk said on Tuesday that he thinks humanoid robots will outnumber humans in less than 20 years. His company is helping to make that future a possibility.

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Meta CEO Mark Zuckerberg shows the prototype of computer glasses that can display digital objects in transparent lenses during the Meta Connect developer conference in September. Image: Andrej Sokolow (Getty Images)

Amazon fulfillment center on March 3src, 202src in North Las Vegas, Nevada. Photo: Ethan Miller (Getty Images)

Amazon’s ( AMZN ) third-quarter results came in above Wall Street’s estimates thanks to strong growth in its cloud and advertising divisions.

The retail and cloud giant reported total revenues of $src58.9 billion for the quarter that ended in September — an srcsrc% increase from the previous year. Amazon reported net income of $src5.3 billion and earnings per share of $src.43 — both increasing year over year.

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Meta founder and CEO Mark Zuckerberg. Photo: Josh Edelson (Getty Images)

Photo: Fabrice Coffrini (Getty Images)

Facebook parent Meta Platforms ( META ) saw its profits surge 35% in the third quarter, as it looks to show investors that its multi-billion dollar investments into artificial intelligence are bearing fruit.

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Photo: Beata Zawrzel/NurPhoto (Getty Images)

Apple ( AAPL ) reported record quarterly revenues buoyed by strong iPhone sales in its fiscal fourth quarter.

The Cupertino, California-based tech giant saw $94.9 billion in revenue for the fourth quarter, up 6% from $89.5 billion in the same quarter a year ago, the company reported Thursday. That surpassed Wall Street’s projected $94.46 billion in revenue, according to estimates compiled by FactSet ( FDS ).

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Photo: Timothy A. Clary (Getty Images)

Photo: Fentino (Getty Images)

A Russian court has fined Google more than the world’s GPD for blocking Kremlin-linked accounts on its platforms.

The $2.5 decillion fine — meaning $2.5 trillion trillion trillion — was handed down Tuesday, according to The Independent.

The Russian court has been doubling the fine, which was originally just $src00,000 rubles, every week since 2020 because Google hasn’t paid the fine.

The fine came after two Kremlin-linked media outlets won a suit against Google ( GOOGL ) about restrictions placed on their YouTube channel.

Google also banned other Russian outlets that supported Russia’s actions during the war in Ukraine, which added onto the fines, The Independent said.

The tech giant has been scaling back its operation in Russia for a few years now, blocking the creation of new accounts from Russians and restricting Russian nationals’ abilities to make ad money on YouTube.

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