In a quarterly earnings report released last Wednesday, Facebook's parent company Meta, revealed that for the first time in its 18-year history, the social network lost daily users.
Meta’s stock price plummeted by more than a quarter in response to the news taking with it more than $220 billion from its market value — the biggest one-day loss in company history.
Today on Tech Tuesday, we discuss what's going on at Facebook, the Pentagon's plans to spend close to a billion dollars on AI-related technology and well as the latest in tech news.
Guests:
- Will Oremus, technology news analysis writer for The Washington Post
- Sue Halpern, staff writer at The New Yorker magazine, scholar-in-residence at Middlebury College in Vermont and author of seven books
- Russell Holly, managing editor for commerce at CNET
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