Meta (formerly known as Facebook) has developed a pair of smart glasses in partnership with Ray-Ban. These glasses are equipped with advanced technology, including artificial intelligence (AI) features. The company has announced that they will allow some people to try out the most exciting AI functions of these glasses, but it’s an early trial phase … Read more
Rarely a month goes by without big tech companies getting fined for price fixing, squashing competitors or misusing data, but it can take years before they pay a penny. Ireland’s data regulator confirmed to AFP that Meta has not paid any of the ₹2 billion ($2.2 billion) in fines issued since last September. TikTok also … Read more
Six weeks after the eruption of the war in Gaza with the attack by Hamas on Israel, social media platforms are still caught in the maelstrom, struggling to control content and withstand user fury. TikTok and X, formerly Twitter, were swept up in controversies this week, one involving an unearthing of a two-decade old screed … Read more
Tesla Inc.’s massive valuation has put it among the biggest firms making up the backbone of the US stock market this year. It’s also the biggest underperformer in that group, and there are signs Wall Street’s excitement is fading. The EV behemoth stands out as the only one of the seven biggest companies in the … Read more
New Delhi: The government could bring in a specific digital competition law to regulate big tech, said people aware of the matter. The corporate affairs ministry is mulling separate legislation instead of tweaking the existing Competition Act, which was amended recently, they said. “Given the complexity of the issue and differing views of stakeholders, introducing … Read more
New York: Meta Platforms said it would end news content on Facebook and Instagram in Canada if lawmakers pass legislation to force social-networking platforms to pay media publishers to feature their work. “We’ve taken the difficult decision that if this flawed legislation is passed, we will have to end the availability of news content on … Read more
Meta Platforms Inc’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook, which has fallen on hard times amid a broad post-pandemic slump in digital ads, is focused on improving its … Read more
San Francisco: Meta has introduced a new heart rate tracking feature and Health Connect by Android integration on Meta Quest, so that users can keep track of all their fitness statistics. “One of the most-requested fitness features for Meta Quest has been heart rate tracking, so that you can easily see tangible and real-time results,” … Read more
Tech companies including Microsoft Corp. and Meta Platforms Inc. are expected to hit the bond market in size to buy back stock after last year’s rout. As much as $20 billion in issuance from Microsoft and $10 billion from Meta could be on the docket, according to analysis by Bloomberg Intelligence. The sector has more … Read more
Today, investors’ minds are haunted by more questions owing to the prevailing uncertainty in the market. They are unable to foresee with certainty how the stock market will behave in the near term. In contrast to domestic investors, foreign investors have a greater number of concerns. The uncertainty of the global market is having an … Read more