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Welcome to Tech News briefing, it's Thursday, October 19th. I'm Zoe Thomas for the Wall Street Journal.

Meta runs Facebook, Instagram, and WhatsApp. It was created to connect users with their

friends. And now it wants to connect them to artificial intelligence. At the WSJ's Tech

Live event this week, our senior personal tech column is Joanna Stern sat down with Meta's

Chief Product Officer Chris Cox. They talked about Meta's plans to incorporate AI into its

products and what it means for the company's goal of connecting people. That's in a moment.

But first, Tesla says its profit tumbled 44% in the third quarter.

Steep price cuts across the company's lineup of electric vehicles have taken a toll on its

bottom line. Though higher vehicle deliveries compared to the same period last year,

did lift revenue by 9% to almost $23.5 billion. But Tesla's nearly $2 billion in net income for

the quarter still missed analyst expectations. Tesla is confronting a more challenging environment

ahead. Rivals are piling into the EV space, unsolved inventory is stacking up, and many buyers

are hesitant about switching to EVs with rising interest rates. In other earnings news,

Netflix said its efforts to limit password sharing delivered stronger customer growth than

expected last quarter. The streaming giant added nearly 9 million subscribers across all its

regions. During the same period a year ago, it added 2.4 million net new subscribers.

But with a higher percentage of its growth coming from places where it charges less for plans,

and changes to its subscription options, the average revenue per member decreased 1% year over

...