Zuckerberg regrets bowing to White House pressure during Covid-19 August 27, 2024 Meta boss Mark Zuckerberg has said he regrets bowing to the White House over content which it censored during the Covid-19 pandemic.
Meta: Watchdog greenlights changes to advertiser data rules on Facebook August 20, 2024 The UK’s competition watchdog has given the green light to new commitments from Meta to better protect the data of advertisers on Facebook. Since June 2021, the Competition and Markets Authority (CMA) has been looking into whether Meta has unfairly data from its advertising services to give its Facebook Marketplace an edge over competitors. After [...]
Can we stop AI from destroying the planet? August 16, 2024 AI is increasingly finding itself in the crosshairs of investors concerned about its environmental toll. Many are coming to terms with the fact that the technology supposedly leading us into a smarter future might be dragging the planet backwards when it comes to climate commitments. Big tech’s climate ambitions are hitting a rather inconvenient truth: [...]
Nvidia and Apple lead losses as trillions wiped from Nasdaq tech stocks August 5, 2024 Trillions of dollars have been wiped from the Nasdaq-listed tech giants taking a nosedive amid a global stock sell off, as fears of a US recession are causing investors to run for the hills. The so-called Magnificent Seven’s combined market capitalisation has lost at least $2.3t (£1.8t), equal to a 15 per cent slide from [...]
Cathie Wood warns AI frenzy risks investor losses August 4, 2024 Tech investor Cathie Wood has warned that the fenzy around artificial intelligence that has boosted US tech stocks could leave investors scorched.
Reach: Profit picks up at Mirror publisher despite falling revenue July 31, 2024 The Euros and "effective" action on costs helped Reach successfully to shore up its bottom line despite continued dents to revenue due to falling circulations and changes to Meta's algorithm.
Cambridge tech startup backed by ‘Godfather of AI’ raises £24m June 18, 2024 A Cambridge based artificial intelligence (AI) startup developing next-gen materials for sustainability and clean energy has secured $30m (£24m) in seed funding.
Social media giants in the spotlight as parties throw money at online ads June 5, 2024 Social media companies’ political advertising policies are likely to come under increasing scrutiny as UK political parties throw more money at online ads in the run up to the election, Jess Jones writes
Facebook and ‘major platforms’ still causing headaches for Mirror publisher Reach May 2, 2024 Reach has been hit by Meta's ranking of user-generated content above news on its social media sites, including Facebook.
Meta to face £2.2bn class action after failing to overturn approval April 30, 2024 Meta is set to face £2.2bn over allegations it abuses its dominant market position by imposing unfair terms after the Tribunal threw out its appeal