The Battle for Truth: Social Media's Role in Elections and the Struggle Against Misinformation As the U.S. election season unfolds, social media platforms have become ground zero in the fight against misinformation, with tech giants like Google, Meta, and others taking drastic measures to curb the spread of false narratives. But with the damage already […]
South Korea Fines Meta $15 Million for Illegal Data Collection on Facebook Users In a landmark ruling on Tuesday, South Korea’s privacy watchdog imposed a hefty fine of 21.6 billion won (approximately $15 million) on Meta, the parent company of Facebook, Instagram, and WhatsApp, for unlawfully collecting sensitive personal data from Facebook users. This fine […]
U.S. Stock Market Surges on Election Day As the U.S. presidential election commanded national attention on Tuesday, investors sent the stock market upward with notable gains. The major indexes reflected confidence in the economy’s resilience and an eagerness for political clarity. This performance hints at an optimism that extends beyond just Election Day, shaping expectations […]
Meta Triumphs in Major Shareholder Lawsuit: A New Dawn for the Social Media Giant? In a significant victory for Meta Platforms, the tech titan has successfully defeated a high-profile shareholder lawsuit, sending ripples through the financial and tech communities. The lawsuit, which accused the company of mismanagement and failing to safeguard investor interests during a […]
Design Issues Resolved, But Not Without Consequences Nvidia, the titan of graphics processing units and artificial intelligence, has successfully addressed a significant design flaw affecting its Blackwell AI chips, as confirmed by CEO Jensen Huang on Wednesday. This resolution comes after close collaboration with Taiwan Semiconductor Manufacturing Company (TSMC), Nvidia's trusted manufacturing partner. Despite this […]
In today's changing work environment, teamwork plays a role in keeping companies competitive. Using the tools and strategies can greatly boost collaboration and productivity. One popular solution that has emerged in recent years is the adoption of workplace alternatives. These innovative platforms enable teams to communicate seamlessly, streamline management, and collaborate effectively on projects. What […]
Facebook-owner Meta has reportedly halted the development of its smartwatch which was initially scheduled to be released in spring 2023. It had been in development for around two years. Like other smartwatches, it would feature activity tracking and music playback, but would also be linked to Meta’s platforms and would have a dual camera, setting […]
Mark Zuckerberg saw $29 billion fall from his overall net worth on Thursday as Meta’s stock experienced a record one-day plunge. Meanwhile, Amazon founder Jeff Bezos pocked an additional $20 billion following the e-commerce giant’s blockbuster earnings. Meta’s stock plunged 26%, erasing over $200 billion in the largest-ever single-day market value wipeout for the US […]
According to MetaMetric Solutions, real estate sales on the four major metaverse platforms hit $501 million in 2021 while sales in January 2022 topped $85 million. At this pace, MetaMetric Solutions projects that sales could reach almost $1 billion this year. The recent surge in sales was sparked by Facebook’s October announcement that it was […]
In a blog post, Zuckerberg said that the metaverse, a concept that combines the physical world with the digital world via virtual and augmented reality, requires “enormous” computing power. Meta’s AI supercomputer, nicknamed the “AI Research SuperCluster” (RSC), is already the fifth fastest in the world, according to the company. Meta researchers have said they […]
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