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US Election Result Explained: What Trump’s Second Term Means For Big Tech

08 Nov 2024

The results of the US election caused a significant rise in the stock price of Nvidia, the leading artificial intelligence chip company, and Bitcoin, indicating how certain parts of the tech world might benefit from a potential Trump presidency. Shares in Tesla, led by Elon Musk, surged nearly 15%, reflecting...

Facebook India Online Services Profit Grows 43% To ₹505 Crore

02 Nov 2024

Meta's advertising division, Facebook India Online Services, has achieved significant financial success, reporting a remarkable 43% increase in profit for the financial year ending March 31, 2024. The company's profit surged to ₹504.9 crore, a substantial rise from the previous fiscal year's profit of ₹352.91 crore, according to documents shared...

Meta Sacks Employees Caught ‘Misusing’ Meal Credits To Buy Groceries

17 Oct 2024

Meta, the company behind Facebook, Instagram, and WhatsApp, has reportedly fired around two dozen employees at its Los Angeles office. The reason? Misusing their daily meal credits for a little more than just lunch. Here's what happened! For those unfamiliar with Silicon Valley’s perks culture, tech giants like Meta are...

Skill Ministry, Meta partner To launch AI assistant For Skill India Mission

14 Oct 2024

On Monday, the Ministry of Skill Development and Entrepreneurship announced a partnership with Meta to introduce an AI Assistant for the Skill India Mission and establish five centres of excellence in virtual and mixed reality. As part of this collaboration, an AI-powered chatbot utilizing Meta's open-source Llama model will be...

The $200 Billion Club Now Has Three Members: Elon Musk, Jeff Bezos, and Mark Zuckerberg

25 Sep 2024

Among the world’s nearly 8 billion people, only three have made it into the exclusive $200 billion club: Elon Musk, Jeff Bezos, and the latest entrant, Mark Zuckerberg. According to the Bloomberg Billionaires Index, Musk, the Tesla CEO and world's richest person, leads the pack with a net worth of...

WhatsApp Tests ‘Read All’ Chats Feature to Enhance User Experience on Android

24 Sep 2024

WhatsApp is enhancing its user experience by rolling out the testing phase for a new feature that allows users to mark all chats as read simultaneously. This addition aims to help users manage their unread message notifications more effectively. WhatsApp New Feature Overview The 'Read All' feature was recently confirmed...

Meta Faces Legal Action In Kenya Over Firing Of Content Moderators

21 Sep 2024

A Kenyan court has ruled that Meta, Facebook's parent company, can be sued in Kenya over the firing of dozens of content moderators. This decision, made by the Court of Appeal on Friday, reinforces earlier rulings allowing the legal challenge to proceed, potentially setting a global precedent for how Big...

Meta Bans Russian State Media Worldwide Over Foreign Interference Allegations

17 Sep 2024

On September 16, Meta announced that it would be banning Russian state media outlets from all its platforms globally. This decision comes amid accusations of "foreign interference activity," which the tech giant claims have been linked to Russia. Meta, which owns Facebook, Instagram, WhatsApp, and Threads, took this action following...

Zuckerberg Claims Biden Administration Pressured Meta to Censor COVID-19 Content

28 Aug 2024

In a recent letter to the U.S. House of Representatives Judiciary Committee, Meta CEO Mark Zuckerberg revealed that the Biden administration pressured his company to censor content related to COVID-19 during the pandemic. This included requests to remove misinformation about the virus and vaccines. Zuckerberg's letter, dated August 26, details...

Malaysia Insists Tech Giants Must Adhere to Local Regulations Despite Industry Pushback

27 Aug 2024

In Malaysia, major technology companies are required to comply with local laws if they wish to continue operating in the country, Communications Minister Fahmi Fadzil emphasized on Tuesday. This announcement follows a recent appeal from the Asia Internet Coalition (AIC), which includes prominent tech firms such as Google, Meta, and...