Meta, the company behind Facebook and Instagram, shared its latest financial results, and things are looking good. The company made more money than experts predicted in the first quarter of the year, thanks to strong advertising sales. This has helped calm investors who were worried about the economy slowing down. Not only did Meta do …
A court in the UK has ruled that Apple must pay a huge sum of money to a company called Optis Cellular Technology. The amount Apple has to pay is $502 million. This decision comes after a long legal fight between the two companies over the use of certain technology in iPhones and iPads. The …
TikTok, the popular video-sharing app, is planning to build its first data centre in Finland. The company will spend a huge amount—1 billion euros—to make this happen. A TikTok spokesperson confirmed this news on Wednesday. The move is part of TikTok’s plan to store European users' data within Europe instead of other countries. Right now, …
Google’s AI chatbot, Gemini, has been growing fast and now has over 350 million users around the world. This information came out during a big court case where Google is being questioned about its control over the search engine market. Even though Gemini is getting more popular, it still has fewer users compared to OpenAI’s …
The rapid advancement of artificial intelligence (AI) is significantly transforming industries, particularly with the evolution of data centres. Conventional datacentres, originally intended for web hosting, database administration, and general enterprise computing, are being reconfigured to accommodate the unusual processing requirements of AI workloads. Just as artificial intelligence is shaping every sector, infrastructure requirements for AI …
Not long ago, Elon Musk, the famous billionaire behind Tesla and SpaceX, bought a very well-known app called Twitter. This happened in 2022. He paid a huge amount of money — $44 billion — to buy it. After buying it, he even changed its name to X. But Elon Musk didn’t pay for the whole …
A picture of the TikTok logo was taken on August 22, 2022, as part of an illustration. The image was shared by Reuters, and the credit goes to Dado Ruvic. By Leticia Fucuchima, Marcela Ayres, and Bernardo Caram Sao Paulo/Brasilia (Reuters) – ByteDance, the Chinese company that owns TikTok, is thinking about building a big …
Intel’s stock price dropped by more than 8% on Friday after the company shared disappointing predictions for its future earnings. The new CEO, Lip-Bu Tan, had promised to turn things around, but investors were not convinced. For years, Intel has been struggling to keep up in the fast-growing artificial intelligence (AI) industry. At the same …
The European Union is continuing its strict crackdown on big technology companies, and now Google (owned by Alphabet) and X (owned by Elon Musk) might be the next targets for fines. This comes just after the EU handed out huge penalties to Apple and Meta for breaking new tech laws. The EU is not backing …
The European Union has slapped huge fines on two of America’s biggest tech companies, Apple and Meta, for breaking strict new competition laws. Apple has been ordered to pay €500 million, while Meta must pay €200 million. These penalties come after a long investigation into whether these companies were following the EU’s Digital Markets Act …
The Workplace Relations Commission (WRC) in Ireland has rejected a complaint filed by a TikTok employee who claimed the company did not handle his request to work from home fairly. The case was reviewed by Adjudicator Michael McEntee, who ruled that the worker’s complaint was "not properly founded" and could not succeed. The employee, Zaurbek …
The United States has been limiting the sale of advanced AI chips to China, making it difficult for Chinese companies to get their hands on the latest technology. In response, NVIDIA, the world’s biggest AI chip maker, has been selling a weaker version of its powerful H100 chip, called the H20, to China. But now, …
The US dollar has dropped to a three-year low following intensified attacks by Donald Trump on Federal Reserve chair Jerome Powell and sweeping tariff announcements. The greenback’s slump has sent shockwaves through financial markets, while gold surged past $3,500 per ounce as investors rushed to safe-haven assets. The sudden drop in the dollar triggered a …
A U.S. appeals court has decided that Shopify, a popular Canadian e-commerce company, must face a lawsuit in California over claims it collected personal data from shoppers without their permission. The court’s ruling could make it easier for people in the U.S. to sue internet-based companies for privacy violations, even if those companies are based …
