Facebook’s growth not linked to psychological harm, study finds
The impact of Facebook’s global proliferation on psychological well-being has been brought into question by a study conducted by the…
Minister defends safety law on messaging apps
The Technology Secretary has come forward to defend a contentious segment of the Online Safety Bill, a piece of legislation…
Some global investors skip Ant’s buyback after valuation slumps 70% – Bloomberg News
On August 7th, according to a report by Reuters, a noteworthy development emerged regarding Ant Group’s proposed share buyback. A…
Palantir raises revenue target on AI boost, announces share buyback
On August 7th, Palantir Technologies (PLTR.N) announced a modest increase in its annual revenue forecast and unveiled plans for a…
Musk’s Neuralink raises $280 mln in funding led by Thiel’s Founders Fund
On August 7th, in a development that underscores the growing interest and investment in cutting-edge neurotechnology, Elon Musk’s brain chip…
China drafts rules for using facial recognition technology
On August 8th, 2023, the Cyberspace Administration of China (CAC) took a significant step towards addressing concerns surrounding the excessive…
Snapchat under scrutiny from UK watchdog over underage users
In an ongoing development, Britain’s regulatory body overseeing data protection is actively collecting information about Snapchat, the popular U.S.-based instant…
Meta’s Threads will soon have search and web functions, Zuckerberg says
In a significant move to revamp its Twitter-like Threads app, Meta, the social media giant formerly known as Facebook, is…
X, formerly Twitter, commandeers ‘@music’ handle from user with half a million followers
In a recent turn of events, the social networking platform Twitter, now rebranded as X, has sparked controversy by commandeering…
SharkNinja’s NYSE debut underscores challenges for U.S. businesses that rely on China
In a year marked by a dearth of initial public offerings (IPOs), the home appliance and vacuum cleaner company SharkNinja…