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Double-Digit Growth For Google Expected Amidst AI Push
Google expected to see double-digit revenue and profit growth for second quarter amidst AI cloud enthusiasm, stronger ad sales
Oracle To Pay $115m In Privacy Lawsuit Settlement
Oracle to pay $115m to settle proposed class-action lawsuit over 'digital dossiers' that allegedly collected data on hundreds of millions
Amazon Workers In Coventry Fail To Form Union
Amazon workers in Coventry lose union recognition ballot by just a handful of votes, amid allegations from the GMB
Bitcoin ‘Creator’ Craig Wright Admits He Is Not Satoshi Nakamoto
Australian computer scientist Craig Wright referred to Crown Prosecution Service (CPS) to be considered for perjury charges
TikTok Parent Loses Bid To Avoid EU ‘Gatekeeper’ Label
China's ByteDance has lost a legal challenge to avoid a European Union 'gatekeeper' designation, but can appeal ruling
Elon Musk To Relocate SpaceX, X HQ To Texas
Leaving California. Elon Musk protests new gender-identity law, says he will move headquarters of SpaceX and X from California
Trump Media Shares Rally After Assassination Attempt
Shares in Trump Media surge 33 percent after Saturday assassination attempt on former president as investors bet on reelection
X Plans To Challenge EU DSA Breach Findings
Social media platform X says it disagrees with EU DSA findings as chief Elon Musk says he will pursue 'public battle in court'
Elon Musk’s X Breached DSA Rules, EU Finds
X's Blue checks 'used to mean trustworthy sources of information. Now our preliminary view is that they deceive users', says EU official
EU Accepts Apple’s Legal Commitments To Open NFC Access
Legal commitment over Apple's NFC-based mobile payments system, which is to be opened to rival payment operators
Alphabet Walks Away From HubSpot Deal
Not interested. Alphabet reportedly opts not to make an offer for HubSpot to bolster CRM and cloud position
Musk Defeats $500m Mass Twitter Layoff Lawsuit
Elon Musk gains dismissal of lawsuit claiming he refused to pay $500m severance to thousands of fired Twitter staff
Amazon To Discontinue Astro Security Robot
End of the line for Amazon's Astro security guard robot for businesses, which will be bricked in September this year
Threads Hits 175 Million Users, One Year After Launch
Threads, Meta's answer to Elon Musk's X (formerly Twitter), racks up impressive number of monthly active users
Russia’s Central Bank Tells Businesses To Use Crypto To Avoid Sanctions
Sanctions busting. Russian businesses told to use cryptocurrencies and other digital options to make payments with foreign customers
Jeff Bezos To Sell $5 Billion Worth Of Amazon Shares
Needs to buy more yachts? After Amazon stock hits record high, founder Jeff Bezos to offload huge tranche of shares
EU Proposes Import Duties On China’s Temu, Shein, AliExpress – Report
European Union is reportedly drawing up plans to impose custom duties on a number of Chinese online retailers
Salesforce Shareholders Reject CEO Marc Benioff’s Compensation Plan
Compensation packages for Salesforce's top executives are rejected by shareholders and investors, despite backing from the board
Google Adds AI Disclosure Requirements For Political Ads
Google adds disclosure requirements for AI-generated or digitally altered content in political ads as elections loom
US Supreme Court Sidesteps Decision On Social Media Laws
US Supreme Court throws out lower court decisions on Florida, Texas laws imposing social media regulation, demands more research
Meme Stock GameStop Sinks On Lawsuit News
Meme stock GameStop, known for a stellar rally in 2021 spurred by social media, shows volatility on news of probes into 'Roaring Kitty'
Microsoft Shutters China Retail Stores
Microsoft reportedly shuts down all branded retail stores on Chinese mainland, four years after similar move internationally
EU Finds Meta Subscription Plan Violates DMA Rules
European Commission provisionally charges Meta with violating DMA competition rules over Facebook, Instagram subscription plans
SEC Files Lawsuit Against Crypto Firm Consensys
SEC files latest enforcement lawsuit against crypto firm Consensys as it seeks to apply established rules to digital assets
Meta Considers Facebook News Ban In Australia
Meta says it may ban news content from Facebook in Australia if forced to pay licensing fees under 2021 law
FBI Offers $5 Million Bounty For Fugitive ‘CryptoQueen’ Ruja Ignatova
US authorities place huge bounty on Ruja Ignatova, the former leader of OneCoin cryptocurrency Ponzi scheme
Bluesky Offers Starter Packs For Friends, Feeds To Follow
To encourage uptake, X/Twitter rival Bluesky is offering starter packs - personalised invites for friends as well as suggested feeds
Amazon Finally Breaches $2 Trillion Valuation
Long time coming. Amazon has reached a $2 trillion market capitalisation - six years after it passed a $1 trillion valuation
Supreme Court Backs Biden In Social Media Misinformation Case
US Supreme Court sides with Biden after Republican-led states challenged federal halt of misinformation posts on social media