Showing 1 - 10 of 193
Twitter rival Threads signs up 100 million users in 5 days
AFP, Published on 10/07/2023
» PARIS: The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data tracking websites said on Monday, smashing the record of AI tool ChatGPT for fastest-growing consumer app.
Meta hit with record 1.2-billion-euro fine over EU data rules
AFP, Published on 22/05/2023
» DUBLIN: Facebook owner Meta has been fined a record 1.2 billion euros ($1.3 billion) for transferring EU user data to the United States in breach of a previous court ruling, Ireland's regulator announced Monday.
Facebook and Instagram to roll out paid subscription
AFP, Published on 20/02/2023
» SAN FRANCISCO: Facebook and Instagram owner Meta will launch a paid subscription service starting at $11.99 a month allowing users to verify their accounts, CEO Mark Zuckerberg announced Sunday, following a similar move by Elon Musk at Twitter.
Google, Apple disappoint as tech earnings hit by gloom
AFP, Published on 03/02/2023
» SAN FRANCISCO - Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech.
US stocks mark end to 'terrible year' of rate hikes and inflation
AFP, Published on 31/12/2022
» WASHINGTON: Wall Street stocks saw their worst year since 2008 on Friday, after a "terrible" period shaken by inflation and aggressive moves to rein in costs.
Meta 'breached EU antitrust rules' on Facebook ads
AFP, Published on 19/12/2022
» BRUSSELS: US online giant Meta appears to have "breached EU antitrust rules" in the online classified section of its Facebook social network, the European Commission said Monday in a preliminary finding.
Amazon founder Bezos says will donate most of fortune to charity
AFP, Published on 15/11/2022
» WASHINGTON: Amazon founder Jeff Bezos has for the first time said he would give away most of his $124 billion fortune to charity, but warned that doing so effectively will be hard.
Facebook owner Meta to lay off 11,000 staff
AFP, Published on 09/11/2022
» PARIS: Facebook owner Meta will lay off more than 11,000 of its staff in "the most difficult changes we've made in Meta's history", boss Mark Zuckerberg said on Wednesday.
Netflix and Disney poised to shake up TV ad world
AFP, Published on 26/09/2022
» NEW YORK: With the launch of cheaper, ad-supported subscriptions, Netflix and Disney+ are expected to bite into the revenue of traditional television channels as the streaming services look toward continued expansion.
Google handed setback as EU court upholds record fine
AFP, Published on 14/09/2022
» LUXEMBOURG: The European Union's second-highest court on Wednesday overwhelmingly upheld the EU's record fine against Google over its Android operating system for mobile phones, slightly reducing the fee for technical reasons.