Italy's competition authority on Wednesday fined global tech giant Meta 3.5 million euros ($3.8 million) for data breaches and failures in managing Instagram and Facebook accounts. It also condemned Meta's management of suspended Facebook and Instagram accounts.
Microsoft shares slipped Tuesday after the tech giant reported quarterly profit climbed but its crucial cloud computing unit missed expectations. Cloud unit revenue of $36.8 billion, however, disappointed investors and shares slid more than five percent to $401.06 in after-market trades.
Meta has agreed to pay $1.4 billion to settle a lawsuit accusing it of violating a Texas state privacy law with a feature for "tagging" friends in Facebook photos, according to a deal finalized Tuesday. Meta agreed to pay the money over five years to settle the claims accusing the social networking giant of unlawfully capturing biometric data of Facebook users in Texas.
The US Senate passed a sweeping social media safety package Tuesday that would force tech companies to do more to protect children -- the first major legislation targeting Silicon Valley in a generation.
A French DJ and lesbian activist has filed a complaint with prosecutors over cyberbullying and death threats linked to her performance during the Olympics opening ceremony, her lawyer and a source close to the case said Tuesday. The source close to the case confirmed this.
Researchers have criticised billionaire Elon Musk for promising that his brain implant technology could eventually provide patients with vision superior to normal human sight. "So, when Elon Musk says things like 'this is going to better than human vision', that is a dangerous thing to say." jxb/lth
From false claims of a "staged" assassination attempt on Donald Trump to a viral joke about his running mate having sex with a couch, American liberals have taken a page from the far-right's playbook in pushing wild conspiracy theories ahead of US elections.
Billionaire X owner Elon Musk was facing criticism Monday for sharing a deepfake video featuring US Vice President Kamala Harris, which tech campaigners said violated the platform's own policies.
UN member states meet Monday seeking to finalize an international treaty on the fight against cybercrime, a text strongly opposed by an unlikely alliance of human rights groups and big technology companies. Now, the draft text will finally come up for a vote by member states at the end of a two-week session.
It's the case of the vanishing startup: some of Silicon Valley's most promising names in the fast-developing generative AI space are being gobbled up by or tied to the hip of US tech giants. Breaking from typical Silicon Valley legend, generative AI won't be developed out of some founder's garage.
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