Social Media can bring social change for good: Yuvraj Pokharna

Social media is no-filter in nature, where common men can upload content as and when, or even live stream as the events are happening in real time. In the modern age, like-minded people congregate in online communities on Social Media platforms to discuss everything, from social change to trivial issues. These platforms are giving people a … Read more

AMD Lands Meta as Data Centre Chip Customer, Takes on Nvidia

Advanced Micro Devices on Monday said it has won Meta as a data center chip customer, sending AMD shares up more than 11 percent as it cemented some of its gains against Intel. It also announced a range of new chips aimed at taking on larger rivals such as Nvidia in supercomputing markets, as well … Read more

Leaked Documents Show Facebook Put Profit Before Public Good

Nov. 8, 2021 — A leaked trove of papers from inside Facebook shows that the social media giant’s internal research uncovered a host of problems on the platform related to public health and other issues, but did virtually nothing about it. The files were leaked by a whistleblower, former Facebook employee Frances Haugen, who shared … Read more

The new Facebook faces the same struggles as Alphabet as both companies try to turn sci-fi into reality

Mark Zuckerberg wearing the Oculus virtual reality headset. Glenn Chapman | Getty Images Facebook is no longer Facebook. The company announced its new corporate name, Meta, on Thursday, a signal CEO Mark Zuckerberg plans to steer the company beyond traditional social media and build what he believes will be the next wave of personal computing … Read more

Meta shares spike — but it’s a Canadian materials company, not the rebranded Facebook

Meta Materials spiked late on Thursday, for the same reason that Zoom Technologies rallied in 2019 and Signal Advance surged in January: It’s all about the name. Facebook co-founder Mark Zuckerberg on Thursday said his company will now be called Meta. The official corporate name will be Meta Platforms and, starting Dec. 1, the stock … Read more

Facebook’s Mark Zuckerberg lays out ‘metaverse’ vision at developers event

Facebook Inc CEO Mark Zuckerberg said privacy and safety would need to be built into the metaverse, as he opened the company’s annual conference on virtual and augmented reality on Thursday. Facebook continues to battle criticism over its market power, its content moderation practices and harms linked to its social media platforms. The tech giant, … Read more

Alphabet and Microsoft rise to records after quarterly earnings beat estimates

Alphabet CEO Sundar Pichai gestures while speaking during a discussion on artificial intelligence at the Bruegel European economic think tank in Brussels, Belgium, on Jan. 20, 2020. Geert Vanden Wijngaert | Bloomberg | Getty Images Shares of Alphabet and Microsoft rallied to record highs on Wednesday after both companies reported third-quarter results that surpassed analysts’ … Read more

Donald Trump could get big ‘bonus’ shares in new social media firm

Donald Trump’s social media company will get tens of millions in special bonus shares in a new publicly traded entity if it performs well, handing the former president possibly billions of dollars in paper wealth based on current stock prices, according to a prospectus filed with security regulators Tuesday. The filing says Trump’s social media … Read more

Tech company earnings reports reveal a rising risk for any business reliant on advertising revenue

Satya Nadella, chief executive officer of Microsoft Corp., speaks during the opening keynote session at the Microsoft Developer Day in Singapore, on Friday, May 27, 2016. Microsoft has all but abandoned the smartphone game. The company said Wednesday that it will axe as many as 1,850 jobs, many of them in Finland — home base … Read more

EU Tech Rules Should Curb Cloud Computing Providers: Study

Draft EU rules to curb the power of Amazon, Apple, Alphabet unit Google, and Facebook should also tackle providers of cloud computing services for possible anti-competitive practices, a study said on Tuesday. The report comes amid concerns that some EU lawmakers who are reviewing the Digital Markets Act (DMA) proposed by EU antitrust chief Margrethe Vestager … Read more