Meta faces EU investigation over child safety on Facebook and Instagram
Meta, the parent company of Facebook and Instagram, is under the microscope of the European Union. The EU is probing into possible breaches of its [more…]
Category: Technology
Instagram overtakes Naver in South Korea, surpassing 20.9 billion minutes of usage
Instagram has dethroned Naver as the third most popular mobile app in South Korea, according to industry data released on Tuesday. The photo-sharing app racked [more…]
Intercom’s $94 million A.I. ambition
Intercom, the Irish tech company known for revolutionizing customer communication, is taking a giant leap forward with a new $94 million (€87 million) investment in [more…]
SoftBank gears up for strong moves in A.I. and semiconductors after profit surge
SoftBank Group is charting a bold new course, buoyed by a second consecutive profitable quarter and a soaring asset value, including a significant boost from [more…]
Uber and Lyft face trial over driver classification in Massachusetts
Uber and Lyft are preparing for a pivotal trial on Monday, where they face allegations from Massachusetts’ attorney general that they have misclassified their drivers [more…]
Tesla’s expansion plans in Germany met with climate protester resistance
In an unsurprising turn of events, a group of climate protesters took their frustrations to the gates of Tesla’s Berlin-Brandenburg Gigafactory in Germany, attempting to [more…]
Canada’s FINTRAC slaps Binance with Nearly C$6 million fine for money laundering violations
In a move that further tightens the regulatory grip around the cryptocurrency sector, Canada’s anti-money laundering agency, FINTRAC, has slapped a hefty fine of nearly [more…]
FTX customers set to receive more than expected in reorganization plan
Cryptocurrency exchange FTX has made a surprising announcement that may bring relief to its customers. According to a court filing, almost all customers of the [more…]
PLDT in talks to sell stake in data centre business to Japan’s NTT, valuation at $750 million
In a move set to reshape its data centre landscape, the Philippines’ leading telecommunications giant, PLDT, is in advanced discussions to sell up to 49% [more…]
British startup Wayve hits the accelerator with $1.05 billion funding boost
In a move set to redefine the landscape of self-driving cars, British startup Wayve announced a staggering $1.05 billion investment round, spearheaded by SoftBank, Japan’s [more…]
