2 min read
Business

Meta under investigation by EU for potential antitrust violations under Digital Markets Act

The European Commission has officially launched investigations into tech giants Apple, Google, and Meta (formerly known as Facebook) under the EU’s Digital Markets Act. This marks the first set of antitrust investigations under the new legislation aimed at promoting fair competition in the digital market.

2 min read
Business

Tech Stocks Volatile as AI Giant Leads Dow Jones Futures

Artificial Intelligence company, AI Giant, reported impressive earnings yesterday, causing its stock to soar in after-hours trading. Investors are attributing the company’s success to its cutting-edge technology and strong market position in the rapidly expanding AI sector.

2 min read
Business

Meta AI Makes Waves with Ability to Generate Historical Inaccurate Images

Meta AI, the artificial intelligence arm of Facebook’s parent company Meta, has recently come under fire for its creation of ahistorical images. These images, produced by Meta AI’s algorithms, have sparked controversy due to their potential to distort history and perpetuate misinformation.

2 min read
Business

Meta Teams Up with LG for Cutting-Edge XR Technology

Meta and LG have confirmed a partnership to develop a next-generation XR device. The collaboration aims to bring cutting-edge technology to the market, offering users an unparalleled experience in augmented and virtual reality.

3 min read
Business

Investor Confidence Skyrockets as Meta Platforms Secures Record Price Target

Social media giant Meta Platforms, formerly known as Facebook, has received a new price target of $475 per share from investment analysis firm TipRanks.com. This target represents the highest street estimation for Meta’s stock price.

3 min read
Business

Alphabet Announces Plans to Introduce Dividends in 2024, Following Amazon’s Lead

Alphabet, the parent company of Google, has recently made an intriguing announcement regarding its intention to introduce dividends in 2024. This move by Alphabet comes as no surprise considering the industry trend, with many tech giants recognizing the importance of returning value to their shareholders. Following this decision, it is anticipated that Amazon will likely follow suit and introduce their own dividends in the near future.

3 min read
Business

Meta Backtracks on Politics, Provoking Outrage among News Publishers

San Francisco, CA – In a move that has left many news creators fuming, Meta, formerly known as Facebook, has once again decided to distance itself from politics. The decision comes amidst growing concerns over the spread of misinformation and its impact on society. However, critics argue that this move is yet another attempt by Meta to evade responsibility for the content that is shared on its platforms.