Meta, Dick's Sporting Goods and WW International rise premarket; Rivian falls

Go back to Meta, Dick's Sporting Goods and WW International rise premarket; Rivian falls

Facebook's large language model LLaMa leaks online reports Vice

March 7, 2023 1:47 PM EST

Meta Platforms (NASDAQ: META) owned Facebook has had its large language model leaked online for anyone to download, according to an article by Vice on Tuesday.

The leaked language model, which is only available for approved researchers, government officials, or members of civil... More

WeightWatchers (WW) gains on announced acquisition of Sequence digital health platform

March 7, 2023 1:15 PM EST

Shares of WW International Inc (NASDAQ: WW) (commonly known as WeightWatchers) surged more than 50% Tuesday following the companys announcement that the weight loss company has entered into a definitive agreement to acquire subscription telehealth platform, Sequence.

Launched in 2021, Sequence now serves about 24,000 members across the U.S., as of February 2023, and clocks about $25 million in annual revenue on a run-rate basis. Sequence members have highlighted the benefits of its service, including support in navigating the insurance approval process and the quality care they receive from... More

Meta (META) faces trial over stolen AI trade secrets

March 7, 2023 10:45 AM EST

Meta (NASDAQ: META), the parent company of Instagram, Facebook, and WhatsApp, failed on Monday to end a lawsuit in Boston federal court claiming the company stole confidential information from AI startup Neural Magic Inc.

According to an expert's court testimony, Meta owes the startup about $766 million in... More