Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements.
Instagram and Meta Platforms said on Monday it had introduced stricter rules for advertisers of financial products and services targeting Australians.
Apple will ask a federal judge to dismiss the case accusing the iPhone maker of unlawfully dominating the smartphone market, in the latest Big Tech antitrust showdown.
The U.S. Department of Justice’s proposed remedies to break up Google’s search dominance could weaken its main profit engine and stall its advances in AI.
Social media companies collect, share and process vast troves of information about their users while offering little transparency or control.
Meta won the dismissal of a lawsuit claiming it defrauded shareholders by concealing how changes to Apple’s privacy settings would make Facebook and Instagram less desirable for advertisers.
A Google executive told colleagues the goal for the company’s online advertising business in 2009 was to “crush” rival advertising networks.
Billionaire investor Warren Buffett’s conglomerate Berkshire Hathaway has sold nearly $1 billion worth of shares in Bank of America in the past week.
The Facebook and Instagram parent said in a blog post it would remove content “attacking ‘Zionists’ when it is not explicitly about the political movement.”
Nvidia dethroned tech heavyweight Microsoft as its high-end processors play a central role in a scramble to dominate AI technology.