Meta Platforms is cutting employee stock grants by around five percent to the majority of its employees, which implies a strategic change as the company boosts its expenditure on artificial intelligence. It was first reported in the Financial Times, a time when Chief Executive Officer Mark Zuckerberg is guiding the company towards what he has …
Apple TV is making a bold move into the business sports television market with the help of a new distribution deal with EverPass Media and its live sports events are about to be displayed in bars, restaurants, hotels and gyms around the United States. The relocation is an indication of the gradual change of Apple …
The discussion of youth social media addiction has come to a critical point, with Mark Zuckerberg ready to appear in a courtroom in the United States to answer the claims that Instagram negatively impacted the mental well-being of young people. Although the Meta chief executive has been summoned to the congress before, this Los Angeles …
The case against X, Meta and Tik Tok on the grounds of the alleged distribution of AI-generated child sexual abuse material has been officially initiated as a legal investigation in Spain, which is one of the strongest actions taken against harmful online content in the country to date. The choice marks a wider change in …
Thousands of users in the United States and the United Kingdom were suddenly locked out of X, the social media platform of the owner of the Tesla company, Elon Musk, on Monday morning. As per reports published by Downdetector, the issues of technical problems started to increase rapidly, which indicated a massive service outage, leaving …
After a sudden fall to about $60,000, the price of bitcoin has again got the attention of the world, with its price increasing by approximately 16 percent within a matter of less than two weeks after its price plunged sharply. This recovery has sparked confidence in the cryptocurrency market, particularly with a major bill concerning …
Samsung Galaxy Z Fold has long been the face of book-style foldable smartphones, but a new development suggests the company may be preparing something notably different. Recent One UI 9 test builds have quietly revealed animations that point toward a wider Galaxy Z Fold model, and the discovery has sparked serious discussion within the tech …
The Pinterest shares dropped significantly in the premarket trading after the company indicated that the uncertainty created by the tariffs is taking a toll on the advertising budgets, especially in the case of major U.S. retailers. The sharp decline denotes the increasing anxiety in Wall Street regarding the ways in which the tension on the …
The Italian taxation officers have shifted their attention to Amazon once again, and now the new stage of the extensive investigation of the financial activity of the tech company in the country has begun. Thursday: the Guardia di Finanza of Italy conducted searches in the headquarters of Amazon in Milan, in another investigation on tax …
Samsung Electronics has also officially commenced the next stage of the artificial intelligence hardware war by shipping its new HBM4 chips, a sixth-generation high-bandwidth memory technology that is optimized to run AI and high-performance computing workloads. The declaration is a strategic step towards the largest memory chip manufacturer in the world as it tries to …
This has escalated to a courtroom level in the current controversy surrounding the design of Instagram app and young mental health and is, therefore, an important step in the greater discussion about the influence of social media on young users. Adam Mosseri, the head of Instagram, will appear in Los Angeles to testify on February …
Apple and Google have signed a contract to roll out a set of reforms to their operations in the United Kingdom app stores in response to increasing regulatory pressure to make the digital market place more transparent, predictable and fair to developers. Britain’s Competition and Markets Authority has been increasingly scrutinizing it, indicating that it …
An ongoing trial in Los Angeles is putting Instagram and YouTube under hot legal and societal scrutiny, resurrected a pre-existing argument on whether social media platforms can be held liable to the mental health damage that young users claim. The victim of the case, 20-year-old California woman referred to as K.G.M. in court documents, says …
When the concept of Meta Platforms being in the large market capitalisation club of 4 trillion, it had a far-fetched sound. In the present day, it sounds less like a fantasy and more like a serious question of long-term concern that is discussed at Wall Street. By recent prognosis of a leading US-based financial consultancy …
