The deal signals continued pain for media start-ups struggling to grow revenue at a time when Big Tech giants Alphabet and Meta.
Read More Yahoo acquires Instagram co-founders’ AI news platform Artifact
Tag: Meta Platforms
Meta cannot delay US FTC from reopening privacy probe, court says
Meta cannot delay the FTC from reopening a probe into alleged privacy failures by its Facebook unit.
Read More Meta cannot delay US FTC from reopening privacy probe, court says
New AI benchmark tests speed of responses to user queries
MLCommons released a fresh set of tests and results that rate the speed at which top-of-the-line hardware can run AI applications and respond to users.
Read More New AI benchmark tests speed of responses to user queries
Reddit shares soar 38% in market debut
Reddit’s shares jumped in their debut, signaling that investor appetite for IPOs of promising yet loss-making companies could be returning.
Read More Reddit shares soar 38% in market debut
Apple accused of monopolizing smartphone markets in US antitrust lawsuit
The U.S. Department of Justice and 15 states sued Apple, alleging it drove up prices for its services and hurt smaller rivals.
Read More Apple accused of monopolizing smartphone markets in US antitrust lawsuit
Reddit set for hotly anticipated debut after pricing IPO at top of range
Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange.
Read More Reddit set for hotly anticipated debut after pricing IPO at top of range