FTSE 100 today: London markets set to extend record streak on strong global cues April 30, 2024 Asian stocks tracked Wall Street's gains, while Japan's yen held firm after suspected intervention spurred sharp gains. Oil prices dipped amidst Israel-Gaza ceasefire talks, and China's factory activity expanded for the second month. Investor attention was on the upcoming Fed policy decision and earnings reports from Amazon.com and Coca-Cola.
FTSE 100 today: London markets brace for cautious trading ahead of US inflation and election June 26, 2024 Asian markets traded mixed despite Wall Street closing higher, with Nvidia climbing over 6 per cent. Focus on US new home sales.
French watchdog whacks Google with £125m fine for online cookie trackers January 6, 2022 France's data privacy watchdog has fined Google a record €150m (£125m) for making it difficult for internet users to refuse online trackers.
Why Meta’s Northern Europe chief is going all in on AI February 27, 2024 Derya Matras, Meta's vice president for Northern Europe, sits down with City A.M. to explain how the company is looking to harness the power of AI and why the firm still believes in the Metaverse.
Meta and Tiktok told to detail curbs on Israel-Hamas disinformation October 19, 2023 The European Union (EU) has ratcheted up its scrutiny of big tech companies – with demands for Meta and TikTok to detail their efforts to curb illegal content and disinformation during the Israel-Hamas conflict.
Even a well-told story won’t save Big Tech from the cold hard stare of global attention January 7, 2022 On December 30th, the historian Timothy Snyder published a review of unimprovable snideness in the New York Times. His victim was an American academic, Jonathan Gottschall, whose new book, “The Story Paradox”, examines the role of stories in society. In his book, Gottschall argues that the “science” of storytelling has been understudied and its power [...]
Meta set for legal battle with UK firm of 10 people November 2, 2023 Facebook owner Meta is facing a legal challenge from a British software company called Threads, which employs just 10 people and says the tech giant has stolen their name.
Meta to launch AI-powered chatbots in a bid to cling on to users August 1, 2023 Meta, the parent company of Facebook, is reportedly gearing up to deploy a squadron of artificial intelligence-powered chatbots, each with their own distinctive personalities, in an effort to cling on to its users who have been dwindling lately. Meta has been crafting prototypes for these chatbots, aptly named “personas”, the Financial Times reported today, citing [...]
Bluesky: After Mastodon and Threads, the latest challenger to X hits a million users on day one, but can it survive? February 8, 2024 Bluesky, a new rival to Elon Musk's X platform, has seen over one million new users since it opened yesterday.
Meta Threads rivalry with Twitter intensifies as lawsuit looms July 10, 2023 Meta and Twitter’s rivalry has escalated with the successful launch of Threads and the threat of a lawsuit, but analysts suggest that Twitter still has fight left. Threads, Meta’s highly anticipated app, amassed over 70m subscribers within days of its recent launch. The app’s availability caused a staggering 455 per cent surge in Meta’s stock, [...]