Meta’s Whatsapp fined €5.5m by lead EU privacy regulator January 19, 2023 Meta’s Whatsapp subsidiary was fined €5.5m (£4.8m) on Thursday by Ireland’s Data Privacy Commissioner (DPC), its lead EU privacy regulator, for an additional breach of the bloc’s privacy laws. The DPC also told Whatsapp to reassess how it uses personal data for service improvements following a similar order it issued this month to Meta’s other [...]
Cambridge tech startup backed by ‘Godfather of AI’ raises £24m June 18, 2024 A Cambridge based artificial intelligence (AI) startup developing next-gen materials for sustainability and clean energy has secured $30m (£24m) in seed funding.
Investing’s first principles and why the discounted cash flow model remains an absolute necessity February 9, 2022 I couldn’t sleep. I knew something was wrong. The numbers just didn’t make sense. For years, pipeline energy analysts seemed to be adjusting their valuation models for pipeline master limited partnership (MLP) stocks in order to explain what was happening to the price. But why? Why adjust the models for one set of companies and [...]
Elon Musk bids adieu to the Twitter bird as social media giant rebrands to ‘X’ July 24, 2023 Twitter owner Elon Musk revealed the social media giant will bid farewell to its famous blue bird, as a new “X” logo was unveiled this week, in a bid to transform it into an “everything app”. The billionaire Tesla boss announced the revamp, tweeting his desire to “bid adieu” to the Twitter brand and, gradually, [...]
Facebook gives teenagers more control over advert exposure January 11, 2023 Facebook and Instagram are to tighten restrictions around the data available to firms to target ads at teenage users, the platforms’ parent company Meta has said. From February, advertisers on Facebook will no longer be able see a user’s gender or the type of posts they have engaged with as a way of targeting adverts to them. [...]
Meta to appeal watchdog’s ruling on Giphy acquisition January 5, 2022 Facebook owner Meta has applied to be able to appeal a ruling by the competition watchdog this morning that said it must sell popular animated images platform Giphy.
Zoom joins tech counterterrorism group after ‘zoombombing’ attacks and enhanced security risks December 15, 2021 Video-conferencing platform Zoom has joined a counterterrorism organization formed by major tech companies including Meta and Microsoft, the group said today.
Meta to discuss bringing back Trump January 2, 2023 Meta, Facebook and Instagram’s parent company is discussing whether Donald Trump should be allowed back on the platforms. In January 2021, Meta (then known as Facebook Inc) had suspended Donald Trump’s social media accounts for two years. Five people, including a police officer died, in the riot. Mr Trump posted a video on Facebook and [...]
Meta pumped cash into a futuristic vision, but they didn’t prepare for a recession January 12, 2023 The challenge Meta faces is different from that of other companies like Google and Microsoft, because Mark Zuckerberg did nothing to future-proof his company in the event of a recession, writes Howard Yu Meta suffered another blow last week, as the European Union ruled their ad practices in Ireland illegal. The decision resulted in a [...]
Explainer: Does Meta need Trump more than Trump needs Meta? Probably not January 26, 2023 Big personalities, like winter colds and bad habits, always come back to haunt you. Donald Trump is no exception to this rule – and he just got back his platform to shout, very loudly, at your face. Facebook and Instagram – the Meta twins – decided to reinstate Trump’s account, two years after his suspension [...]