Citadel Securities Launches AI Bond Trading Baskets for Hedging

Yann LeCun, a prominent artificial intelligence researcher at Meta Platforms Inc., has announced his departure from the company at the end of 2025. He plans to establish a new startup focused on advancing machine intelligence research, with Meta remaining as a partner in this endeavor.

Yann LeCun, a prominent artificial intelligence pioneer and head of a research lab at Meta Platforms Inc., has announced his departure from the company at the end of the year to launch a new startup, as revealed in a memo obtained by Bloomberg News.

Meta Platforms Inc. has announced the release of SAM 3 and SAM 3D, new open-source computer vision models designed for the detection, segmentation, and tracking of objects in images and videos. SAM 3D is particularly notable for its capability to reconstruct both objects and humans in three dimensions, enhancing the functionality of Meta's existing suite of image segmentation tools.

Alphabet Inc. shares experienced a significant increase on Wednesday, marking the highest rise in two months. This surge was driven by overwhelmingly positive reviews for the latest version of its Gemini artificial intelligence model, boosting investor confidence in the company's standing within the dynamic technology sector.

Meta Platforms Inc. has expressed significant challenges in identifying and removing underage users as it prepares to comply with Australia's upcoming ban on social media access for individuals under 16 years old, set to take effect next month.

Meta Platforms Inc. achieved a significant legal victory in federal antitrust court, as a judge ruled that the company does not need to divest its acquisitions of Instagram and WhatsApp, concluding that it is not a monopoly. This decision comes amidst ongoing scrutiny of Meta's market practices, although the judge's reasoning may have implications for the company's future operations.

Meta Platforms Inc. Chief Revenue Officer John Hegeman is departing after 17 years with the company. This leadership change comes alongside the exit of Clara Shih, who joined in November 2024 to head the Business AI unit. The departures are part of a broader reshuffle within Meta's leadership team, signaling potential shifts in the company's strategic direction as it navigates the evolving landscape of social media and artificial intelligence.

Meta Platforms Inc. has announced the departure of its Chief Revenue Officer, John Hegeman, amid a significant leadership reshuffle. This change comes as the company faces mounting pressure to execute its ambitious and costly artificial intelligence strategy. Hegeman's exit is part of a broader shift within the organization as it seeks to adapt to evolving market demands and internal challenges.