Cracks appear in the AI boom as market reassesses growth prospects March 5, 2025 The optimism surrounding AI is facing scrutiny as investors and industry leaders reassess the long term profitability of AI-related infrastructure. Recent stock market trends suggest a shift away from the AI sector, with semiconductor and cloud computing stocks among the worst performers in 2025 so far, according to AJ Bell. AI hype faces a reality [...]
MPs slam Tiktok, Meta and X over misinformation failures February 26, 2025 MPs were left frustrated after questioning executives from big tech firms TikTok, Meta and X on how platforms handle misinformation and harmful content. The science, innovation and technology committee (SITC)’s evidence session on Tuesday, saw platform representatives struggle to provide clear answers on their content moderation policies. The session formed part of its ongoing inquiry [...]
Amazon, Microsoft, Alphabet and Meta: Is big tech overspending on AI? February 7, 2025 Tech titans have projected pouring billions of dollars into artificial intelligence (AI) in 2025, yet Wall Street impatiently awaits returns on their investments. Amazon is leading the charge, having recently committed over $100bn to AI infrastructure this year, surpassing Microsoft, Alphabet and Meta. The four tech behemoths reported a combined $246bn investment in AI in [...]
Meta fact-checking U-turn probed over Ronaldo Facebook deepfake scam February 6, 2025 Meta’s decision to scrap fact-checking on Facebook and Instagram is under review after Brazilian football legend Ronaldo Nazario was caught up in a deepfake scam. The company’s oversight board has launched an investigation after Meta initially rejected calls to remove a post that used an AI-manipulated video of Ronaldo to promote a gambling app. Meta [...]
Google parent firm Alphabet drops pledge on using AI tech for weapons and surveillance February 5, 2025 Google’s parent company Alphabet has removed its commitment to avoiding artificial intelligence (AI) applications for weapons and surveillance from its ethical guidelines. The tech behemoth stressed the importance of collaboration between businesses and democratic governments to develop AI that “protects people, promotes global growth, and supports national security.” The revised guidelines were announced in a [...]
Salesforce cuts 1,000 jobs as it joins Meta, Microsoft and Apple in AI pivot February 4, 2025 Cloud-based software giant Salesforce is cutting 1,000 roles while hiring salespeople for AI, following in the footsteps of big techs like Meta, Microsoft and Apple. Salesforce is reducing its headcount to streamline its operations, while actively looking for new roles centred on selling new AI products. This move reflects a trend of layoffs in big [...]
Microsoft, Meta, Tesla & Apple: What this week’s tech earnings tell us about the AI boom January 31, 2025 Microsoft, Meta, Tesla and Apple kicked off the tech earnings season this week, giving us snapshot of how spending on AI is shaping the tech sector. Here’s what we’ve learnt about the AI boom so far. AI spending shapes the tech sector This week started with the rise of Chinese startup DeepSeek causing headwinds on [...]
Microsoft and Meta defend AI spend post DeepSeek shock January 30, 2025 Tech giants Microsoft and Meta both addressed and defended their substantial investments in artificial intelligence (AI), despite recent headwinds. Both firms kicked off the earnings season on Wednesday, just days after Chinese startup DeepSeek broke the internet, as well as the market, on Monday. Its recent global traction followed the release of its new AI [...]
Meta pays Trump $25m to settle Facebook lawsuit January 30, 2025 Meta has agreed to pay $25m (£20m) to settle a lawsuit filed by President Donald Trump back in 2021 over his banned accounts. The president had sued Facebook and Instagram’s parent company, as well as its owner, Mark Zuckerberg, due to his accounts being suspended on its platforms. Meta had banned his accounts following the [...]
The Debate: Should businesses have DEI quotas? January 30, 2025 Trump's America is turning the tide on woke, but are DEI quotas good for business? Our writers hash it out in this week’s Debate.