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ByteDance prepares Meta's Muse-like agent in push to close AI gap
ByteDance is preparing to release an AI assistant similar to Muse by Meta Platforms soon. Co-founder Zhang Yiming has shared his vision of competing with companies like Anthropic and OpenAI by 2030. The company intends to invest up to $70 billion in developing the Seedance video AI platform.
California voters reject measure to tax the wealth of billionaires
California's rejection of Proposition 40 marks a pivotal moment in the state's political landscape, as voters dismissed a billionaire tax intended to fund healthcare and education initiatives. With significant financial backing from figures like Sergey Brin, who contributed over $100 million against the measure, the campaign highlighted a stark divide between younger supporters and older opponents worried about economic instability.
Carl Pei teases Nothing’s first AI-native product; says it 'couldn't have been an app'
Nothing will launch its first AI-native product in December with a focus on productivity. The chief executive, Carl Pei, provided limited details about the product’s functions. It is suggested that the product may help users capture conversations and take notes. Other companies are also exploring wearable AI devices that focus on companionship or productivity.
California could become the first state to tax billionaires' wealth
The state of California is deliberating on a proposed one-off 5% tax on the net worth of billionaires via Proposition 40. The initiative encounters significant pushback from wealthy opponents and considerable financial resources aimed at defeating it. Governor Gavin Newsom warns that it might trigger a tax flight among the richest residents.
Election Day 2026 results so far: Abdul El-Sayed vs Mike Rogers in Michigan Senate race; who is Democrat's wife Sarah Jukaku?
Election Day 2026 results so far: Michigan's closely watched 2026 Senate race pits Democrat Abdul El-Sayed against Republican Mike Rogers, with both candidates competing for a crucial seat. Most polls predict that Abdul El-Sayed might win. As voters head to the polls, here's what to know about El-Sayed's career, political background and wife, psychiatrist Sarah Jukaku.
Apple’s robust India quarter; Giva’s $100 million funding
Apple posted record sales in India in the September quarter. This and more in today’s ETtech Top 5.
Nevada unions, politicians caught between AI job creation and destruction
Nevada unions' soul-searching reflects the national debate underway over whether regulation should slow down AI development amid conflicting projections of job destruction and creation - and whether AI will ultimately lift humanity or harm it.
EssilorLuxottica's smart glasses boom runs into tougher regulatory scrutiny
Smart glasses that resemble ordinary eyewear are under increased scrutiny from European regulators and advocacy groups, leaving investors questioning whether sales can keep booming as Ray-Ban maker EssilorLuxottica
ET Graphics: Tech spots a spec-tacular future ahead
Forget the pocket—the next tech war is heading straight for your face. With AI glasses exploding as the latest battleground beyond smartphones, titans from Meta and Google to Alibaba and Samsung are racing to stitch cameras and virtual assistants directly into everyday eyewear.
EU watchdog says smart glasses must give 'clear warnings' when recording
The European Union's central data regulator on Tuesday said smart glasses should give "clear warnings" when they are recording, after a public outcry in recent months over secretly filmed footage of girls and women. The European Data Protection Board (EDPB) warned in its non-binding guidance to users and manufacturers that smart glasses raised "serious privacy concerns" as it seeks to increase awareness about the risks.
The rise of AI personal assistants and the battle for users' trust
Meta Connect recently unveiled Muse Charm, which serves as a personal AI assistant for users. This device can interact with emails, calendars, and other services to streamline life tasks. It represents a shift from traditional devices to persistent AI help that anticipates users' needs. While user trust and privacy concerns persist, tech companies are racing to develop autonomous agents. The future may see these assistants represented in various hardware forms.
Samsung Galaxy Watch Ultra 2 review: A familiar design with meaningful upgrades
The Samsung Galaxy Watch Ultra 2 brings a bigger battery, a brighter display and enhanced fitness features while retaining the familiar rugged design of its predecessor. Priced at Rs 64,999, the premium smartwatch offers dual-frequency GPS, LTE connectivity and new trail-running and hydration-tracking features. But with limited design changes and no iPhone support, does Samsung's latest wearable offer enough to stand out in the premium smartwatch market?
Australia probes app used in cheap smart glasses over privacy fears
Australia is investigating how and where the firm behind an app used in popular low-cost smart glasses collects and stores personal data, the country's data protection watchdog said Wednesday. "In the absence of any response from Shenzhen Qingcheng to the OAIC's preliminary inquiries, I have no assurance that it is protecting personal data of Australians as required by the Privacy Act," Privacy Commissioner Carly Kind said.
The Nobel-winning breakthrough that turned light into a remote control for the brain, allowing scientists to switch neurons on and off
Optogenetics, a groundbreaking technique, enables researchers to control specific neurons using light, providing insights into brain functions. The 2026 Nobel Prize in Physiology or Medicine was awarded to Karl Deisseroth, Peter Hegemann, and Georg Nagel for this transformative discovery. Their work originated from the study of light-sensitive proteins in green algae, which led to applying these proteins in neuroscience.
Anthropic's Dario Amodei: AI's most visible CEO and enigma
The surge in artificial intelligence and the heated debate around its risks have made Anthropic CEO Dario Amodei the most visible tech leader -- though the 43-year-old remains an enigma. "I think he is one of the great legends in tech and business," says Alex Karp, CEO of data-analytics specialist Palantir.
These mid-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of over 25%, according to analysts
What is needed in the markets these days is realism. Not fear or gloom, but a clear-eyed acceptance of where things actually stand. Realism means not hoping for things facts do not support. It means accepting that the next few months may be difficult: That earnings may disappoint, that prices may fall further. It also means planning for such a scenario instead of just hoping that it will go away.
META Stock at Nasdaq today: Meta Platforms Inc shares near all-time highs, Facebook, Instagram, WhatsApp-owner inches away from $2 trillion market value mark
Shares of Meta Platforms Inc, which owns Facebook, Instagram, WhatsApp, were set for a fifth straight week of gains — their biggest five-week advance since late January 2023 — putting the social media giant less than 1 per cent away from the $2 trillion market value mark.
Meta shares soar after launch of Muse AI
Meta shares bounced back to their summer 2025 highs this week, riding a wave of investor excitement about Muse, the social media giant's AI agent which presents an opportunity to generate revenue beyond advertising. Concerns linger about whether Meta, which generates almost all of its revenue from advertising, will be able to make such monumental investments pay off.
US Market: Meta shares rebound as Muse AI agent fuels revenue hopes
Meta shares have rebounded as investor optimism grows around Muse, its AI agent aimed at creating revenue beyond advertising. The company faces scrutiny over heavy AI spending, privacy concerns and competition, but Muse’s early downloads, retail partnerships and integration with smart glasses could help Meta monetize its vast user base.
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