Tech stocks lift Wall Street amid trade deal uncertainty
Tech stocks surged, pushing the S&P 500 and Nasdaq higher, even as US-China trade negotiations remained stalled....
Tag : Meta
AI to create meaningful work by replacing repetitive tasks, says report
AI will generate millions of jobs by 2025 while automating repetitive work, enabling industries like healthcare and finance to innovate and focus on creativity, experts say....
Meta ordered to limit data use for ads by EU’s top court ruling
Meta must limit the use of personal data for targeted ads after the EU's top court ruled in favor of privacy activist Max Schrems, marking a major setback for Meta's advertising model....
Ray-Ban Meta glasses to feature new AI updates and partnerships
Ray-Ban | Meta glasses are receiving new AI features such as real-time speech translation, memory assistance, and expanded partnerships with Spotify, Amazon Music, Audible, and iHeart....
Unexpected ally, Taliban sides with Twitter in social media clash
In an unanticipated development, Anas Haqqani, a key leader of the Taliban, has entered the ongoing social media feud between Twitter and Threads. He publicly stated his preference for Twitter, attributing his choice to the platform’s commitment to upholding freedom of speech. In a Twitter post, Haqqani lauded Twitter’s liberal......
Meta’s Threads versus Twitter, a battle of visions and leadership
The advent of Meta’s Threads app, while a significant milestone in the social media sphere, has raised significant concerns for Twitter, particularly amidst recent internal turbulence. Twitter, once a colossus in the microblogging space, now finds itself in precarious waters, largely attributed to its current leadership under Elon Musk. Musk,......
EU antitrust probe could lead to a $11.8 billion fine for Meta
The European Commission, which is the executive arm of the EU, has found Meta to be in violation of EU antitrust law. This is because it has distorted competition in the markets for online classified ads. In its decision, the Commission expressed concern over Meta’s decision to pair its personal......
Funding for metaverse projects is raised with a $10 billion bond issue by Meta
Meta Platforms, the parent company of Facebook, Instagram, and WhatsApp, raised $10 billion in its first bond offering on Tuesday. The technology giant plans to use the raised capital to revamp its business and fund share buybacks. Several expensive initiatives, including its virtual reality metaverse, will also be funded with......