Hate speech non-profit that defeated Elon Musk's lawsuit, warns X's Community Notes is failing to stem tide of US election misinformation
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Meta Warns Of Accelerating AI Infrastructure Costs
Facebook parent Meta warns of 'significant acceleration' in expenditures on AI infrastructure as revenue, profits beat expectations
Trump Media Briefly Worth More Than X
Truth Social parent company Trump Media sees shares rally and then sink as stock price follows betting markets on Trump's election chances
Reddit Shares Surge On First-Ever Profit
Social media service Reddit shows first-ever profit in nearly 20-year history as AI translation aids surge in user base
Alphabet Sees Jump In Advertising, AI Cloud Revenues
Google parent Alphabet sees strong demand for digital advertising, AI cloud services amidst stiff competition
TikTok Seeks ‘Trust’ In Global Markets
TikTok chief executive acknowledges it and other social media companies face 'challenge' in gaining trust as company faces US ban
TikTok Parent Co-Founder Tops China Rich List
Zhang Yiming, co-founder of TikTok parent ByteDance, rises to China's richest person even as country's economy sputters
Microsoft Brings Call Of Duty To Game Pass In Major Bet
Microsoft for first time makes major Call of Duty release available on Game Pass subscription plan, after $75bn Activision Blizzard buyout
Shein Profits Drop 70 Percent
Direct-from-China e-commerce firm sees profits plummet 70 percent in first half of 2024 amidst stiff competition from Temu, as it plans IPO
LinkedIn Fined €310m By Irish Data Protection Commission
Heavy fine for LinkedIn, after Irish data protection watchdog cites GDPR violations with people's personal data for targeted ads
Ofcom Finds Online Posts Were Clearly Connected To UK Riots
UK regulator says social media posts “appears to have contributed” to riots following murder of three girls in Southport
Bluesky Gains After X Changes How Blocking Works
Twitter rival Bluesky gains 500,000 new users, after Elon Musk's X says platform will allow blocked users to still see posts
Meta Restarts Use Of Facial Recognition For ‘Celebrity Scam Ad’ Crackdown
Three years after dropping the use of facial recognition, Meta says it will use the tech again to aid in crackdown on 'celeb-bait ads'
TikTok’s ByteDance Fires Intern For Allegedly Sabotaging AI Project
ByteDance sacks intern for allegedly sabotaging the training of an internal artificial intelligence (AI) project
Worldcoin Rebrands To World Network, Ramps Up Iris Scanning
Sam Altman's Worldcoin rebrands itself as pledges to ramp up its controversial iris-scanning crypto project
Meta Axes Staff At WhatsApp, Instagram, Reality Labs – Report
Meta has reportedly begun laying off staff across various departments, but as of yet there is no word on actual numbers being let go
TikTok Aware Design Harmful To Children, Complaint Says
TikTok internal documents show it was aware of the addictiveness of its design for children, state complaint alleges
X Drops Unilever From Advertiser Lawsuit
Social media platform X drops Unilever from lawsuit against advertisers after reaching agreement on 'safety standards'
US Labour Board Accuses Apple Of Slack Restrictions
US labour officials say Apple illegally restricted employees' right to discuss workplace issues on Slack workplace messaging system
TikTok Cuts Hundreds Of Jobs In Favour Of AI – Report
ByteDance's TikTok is laying off up to 500 employees as it moves to greater use of AI for content moderation
Elon Musk’s X To Avoid EU’s Tough DMA – Report
Musk's X will reportedly not be designated as a 'gatekeeper', that would have subjected it to onerous DMA obligations
Meta AI Chatbot Launches In UK On Facebook, Instagram, WhatsApp
Meta's AI chatbot now available for users in UK, Brazil, but not EU due to “unpredictable” regulatory environment
TikTok Sued By US States For Allegedly Harming Children
Legal headache deepens for TikTok in US, after a number of states file lawsuits alleging platform harms, fails to protect children
Canadian Crypto Expert Denies He Is Satoshi Nakamoto
After HBO documentary names Canadian crypto expert Peter Todd as Bitcoin inventor – but he denies he is Satoshi Nakamoto
Brazil To Restore X Access After Elon Musk Complies With Court Orders
Supreme Court clears X to resume access in Brazil, after high profile clash between top judge and Elon Musk
Amazon Antitrust Case Gets Go-Ahead In US Court
US federal judge says FTC and 18 states may proceed with landmark Amazon antitrust case, while dismissing some state charges
Top EU Court Says Meta Must Limit Data For Ad Targeting
Highest EU court rules in favour of privacy advocate Max Schrems, saying Facebook parent Meta must minimise data used for targeting ads
Google Threatens New Zealand News Ban Over Law
Google says it would stop linking to news in New Zealand if country passes law forcing revenue-sharing deals with media publishers
Google Brings Ads To AI Search Summaries
Google begins broad roll-out of ads for AI Overviews in search results, adds AI-organised results, video search for Google Lens
Mark Zuckerberg Overtakes Bezos To Become Second-Richest Man
Billionaire battle. Meta's boss Mark Zuckerberg overtakes Jeff Bezos to become the world’s second richest man