Meta, Snapchat and TikTok have urged Australia to reconsider a decision to exempt YouTube from its laws banning social media for children younger than 16.
Read More Big tech opposes YouTube exemption from Australia’s ban on social media for children
Tag: Meta Platforms
Nasdaq touches over one-month low after weak consumer sentiment data
The tech-heavy Nasdaq led Wall Street declines, hitting a six-week low after fresh economic data indicated a deterioration in consumer sentiment.
Read More Nasdaq touches over one-month low after weak consumer sentiment data
Exclusive: Google to be hit with EU charges of breaching Big Tech rules, sources say
Google is set to be charged with breaching EU rules aimed at checking the power of Big Tech after proposed changes to its search results failed to address the EU antitrust regulator’s concerns and those of its rivals.
Read More Exclusive: Google to be hit with EU charges of breaching Big Tech rules, sources say
Adobe launches AI video tool to compete with OpenAI
Adobe released the first public version of an artificial intelligence tool that can generate video clips and revealed how much it will charge.
Read More Adobe launches AI video tool to compete with OpenAI
AI stock shock could spark broader gains in US market
A development in the field of AI that staggered asset prices could help set the stage for broader stock strength beyond the narrow group of technology shares.
Read More AI stock shock could spark broader gains in US market
Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says
Meta Platforms plans to spend between $60 billion and $65 billion this year to build out AI infrastructure.
Read More Meta to spend up to $65 bln this year to power AI goals, Zuckerberg says