Bitcoin, the renowned cryptocurrency, has recently dominated headlines once again with its remarkable performance in the financial market. Breaking records and setting new milestones, BTCcontinues to captivate investors worldwide. In a groundbreaking development, Bitcoin has surpassed the significant threshold of $50,000, marking an extraordinary achievement for this digital asset....
Read moreThe European Union is planning to investigate popular social media platform TikTok due to worries about the safety of young users. The EU is concerned that changes made by TikTok to comply with new regulations may not be enough to protect minors. This investigation will be conducted under the...
Read moreIn preparation for the highly anticipated Super Bowl Sunday, X, the rebranded social network formerly known as Twitter, has rolled out exclusive Million Dollar-Ad Packages to attract top-tier advertisers. These special ad packages, directly tied to the National Football League playoffs and the grand Super Bowl event, feature premium...
Read moreIn a strategic move to bolster the tech startup ecosystem in the Middle East, a Chinese venture capital firm supported by a unit of Saudi Arabia’s Public Investment Fund (PIF) is in the process of raising a substantial $1 billion fund. MSA Capital, the VC firm in question, is...
Read moreAlibaba Group Holding Ltd. has recently announced a $25 billion stock repurchase program, in a bid to reassure concerned investors amidst challenges in the Chinese e-commerce sector. The move comes as Alibaba faces increasing competition from emerging rivals like PDD Holdings Inc. Despite this significant buyback initiative, the company's...
Read moreMeta Platforms Inc. is ramping up its efforts to combat misinformation ahead of the critical election year, announcing plans to label more posts created using artificial intelligence tools on its platforms Facebook, Instagram, and Threads. The move comes as part of Meta's broader initiative to prevent the spread of...
Read morePotential investors in Elon Musk’s new artificial intelligence startup, xAI, are closely eyeing the achievements of its biggest competitor, OpenAI, as a key factor in their decision-making process. The early success of OpenAI is serving as a benchmark for xAI as it aims to carve out its own space...
Read moreApple's latest product, the Vision Pro, went on sale recently, introducing a distinctive customer shopping experience. Unlike the typical purchase process for iPhones, iPads, or Macs, buying the Vision Pro involves a more complex and orchestrated sales approach. Customers interested in the Vision Pro start by undergoing a face...
Read moreSurging past market expectations, Meta Platforms Inc. (META) witnessed an impressive stock rally on Friday, catapulting over 20% following the release of stellar earnings, robust guidance, and the announcement of strategic initiatives for shareholder returns. This extraordinary surge translated into a substantial addition of nearly $200 billion to Meta's...
Read moreTikTok is committing to allocate $2 billion (S$2.7 billion) in 2024 to enhance the safety of children and other users on its platform, surpassing 170 million monthly active users in the United States. CEO Chew Shou Zi is slated to unveil this initiative during a testimony before the Senate...
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