Meta faces European complaints over ‘gargantuan’ data collection February 29, 2024 Consumer groups have criticised Meta's ad-free offerings, which they say leaves users with an “unfair ‘pay-or-consent’ choice” in the face of mass data collection.
Big tech faces backlash over big water consumption February 25, 2024 Tech giants like Microsoft, Google, and Meta have ramped up their water usage to cool their data centres, increasingly used for AI services.
‘About a third’ of Facebook Marketplace listings could be scams, MPs told February 7, 2024 A director at TSB Bank has warned a group of top MPs that Facebook Marketplace and cryptocurrency investment are major breeding grounds for scams amid calls for Big Tech to take more responsibility for a wave of fraud on social media.
FTSE 100 today: London markets likely to rise on heels of Wall Street’s tech rally February 2, 2024 A tech rally ignites global stocks: Meta soars 15%, while Amazon climbs 7%. Apple drops 3% amidst market turbulence, while oil prices surge. Focus now shifts to U.S. Non-Farm Payrolls.
Tech giants Meta and Amazon drive tech rally; Apple suffers from China woes February 2, 2024 Meta surged 15% post-market on strong revenue, dividend, and a $50 billion buyback; Amazon rose 7% on solid earnings and AWS growth; however, Apple fell 3% on a China sales miss and revenue forecast drop.
Earnings watch: Apple, Amazon, and Meta reports to set market tone February 1, 2024 Earnings reports from tech titans Apple Inc, Amazon.com, and Meta Platforms Inc, slated for Thursday, are poised to steer stock movements this week.
Investors to focus on AI and antitrust issues as Amazon, Apple and Meta line up to report January 29, 2024 Big tech companies Microsoft, Meta, Apple, Amazon and Google owner Alphabet are set to report quarterly earnings this week.
Countdown begins: What’s in store for next week’s mega-tech FAAMG earnings January 26, 2024 As the fourth-quarter earnings season approaches on Wall Street, all eyes are on the FAAMG group: Alphabet (Google), Microsoft, Amazon, Meta Platforms, and Apple.
Let’s be honest, new spy powers could kill off how we use Facetime and iMessage December 14, 2023 A new anti-encryption bill quietly introduced to parliament this week could mean the death of iMessage for Brits, writes Matthew Lesh
Polar Capital: Tech stocks remain attractive despite high valuations and market headwinds December 12, 2023 Polar Capital Technology, the tech-focused investment trust, said today that it believes global tech stocks remain attractive despite their recent performance