Facebook-parent Meta settles with Australia’s privacy watchdog over Cambridge Analytica lawsuit Meta Platforms has agreed to a A$50 million settlement ($31.85 million), Australia’s privacy watchdog said on... Published 17 Dec, 2024 12:37pm
World Australia’s world-first social media ban for children under 16 attracts mixed reaction SYDNEY: Australians reacted on Friday with a mixture of anger and relief to a social media ban on children under 16... Published 29 Nov, 2024 10:51am
Technology Meta to appeal Indian order that curbs data-sharing between WhatsApp, other apps Meta Platforms said on Tuesday it plans to appeal an order by India’s competition watchdog that restricts the US... Published 19 Nov, 2024 02:58pm
Markets Wall St loses over 1pc amid fading rate-cut hopes NEW YORK: US stocks slumped on Thursday as most megacaps fell after Meta Platforms’ quarterly results, while... Published 26 Apr, 2024 04:15am
Markets Wall St slips as higher yields offset upbeat corporate earnings NEW YORK: Wall Street’s main indexes pared early gains to trade lower on Wednesday, as losses in heavyweight tech... Published 25 Apr, 2024 03:05am
Markets Wall St ticks up on megacaps, earnings boost NEW YORK: Wall Street’s main stock indexes gained on Thursday as investors cheered upbeat earnings across several... Published 19 Apr, 2024 05:07am
World EU faces uphill battle to rein in big tech BRUSSELS: The EU’s landmark curbs on how tech titans do business online kick in from Thursday, but just how far... Published 07 Mar, 2024 11:01am
World Japan PM Kishida to discuss AI with Meta’s Zuckerberg on Tuesday, Fuji TV reports TOKYO: Japan Prime Minister Fumio Kishida will meet Meta Platforms Chief Executive Mark Zuckerberg on Tuesday to... Published 27 Feb, 2024 10:44am
Technology Meta wants industry-wide labels for AI-made images SAN FRANCISCO: Meta on Tuesday said it is working with other tech firms on standards that will let it better detect... Published 06 Feb, 2024 07:23pm
Technology Meta, Amazon beat expectations with stellar results SAN FRANCISCO: Meta and Amazon on Thursday blew through expectations in their latest quarterly results as Big Tech... Published 02 Feb, 2024 02:51pm
Markets Nasdaq sinks to 1-week low on Alphabet disappointment NEW YORK: The tech-heavy Nasdaq tumbled to over a week low on Wednesday, as Alphabet’s projections for rising AI... Published 01 Feb, 2024 04:52am
Markets S&P 500 hits fresh record high NEW YORK: The benchmark S&P 500 scaled a fresh record high on Monday, extending a bull-market run into a new ... Published 23 Jan, 2024 05:14am
Markets Wall Street loses steam on last day of upbeat 2023 NEW YORK: US stocks lost momentum on the final trading day of an upbeat year that witnessed the benchmark S&P ... Published 30 Dec, 2023 06:28am
Technology Meta Platforms’ paid ad-free service targeted in Austrian privacy complaint BRUSSELS: Meta Platforms’ paid no-ads subscription service launched in Europe this month faced one of its biggest... Published 28 Nov, 2023 12:13pm
Technology LinkedIn hits 1 billion members, adds AI features for job seekers LinkedIn, the business-focused social network owned by Microsoft, on Wednesday said it now has more than 1 billion... Published 01 Nov, 2023 06:28pm
Markets Wall St gains on megacap boost ahead of Fed verdict NEW YORK: Wall Street’s main indexes rose on Monday, boosted by megacap growth stocks ahead of a busy week of... Published 31 Oct, 2023 05:26am
Technology Meta introduces ad-free plans for Instagram, Facebook in Europe Meta Platforms said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram... Published 30 Oct, 2023 06:45pm
Markets Nasdaq jumps over 1pc as Amazon, Intel updates lift megacaps NEW YORK: The Nasdaq outperformed peers on Friday as robust updates from Amazon.com and Intel lifted beaten-down... Updated 28 Oct, 2023 06:34am
World Dozens of US states sue Meta Platforms for allegedly harming mental health of young people WASHINGTON: Dozens of US states are suing Meta Platforms and its Instagram unit, accusing them of contributing to a... Published 25 Oct, 2023 06:19am
Markets Wall St climbs after investors digest slew of economic data NEW YORK: Wall Street’s key indexes gained on Thursday as investors assessed the latest batch of economic data and... Published 29 Sep, 2023 06:24am
Technology WhatsApp denies report that the platform is exploring ads WhatsApp’s top head on Friday denied a Financial Times report that said the Meta Platforms owned messaging platform... Published 15 Sep, 2023 10:39am
Technology Meta explores decentralized social network app for text updates Meta Platforms Inc is exploring a standalone decentralized social network for sharing text updates, a company... Published 10 Mar, 2023 12:32pm
Markets Meta Platforms, banks pull Wall Street lower Wall Street’s main indexes fell on Tuesday, dragged down by shares of Meta Platforms and banks, while investors... Published 06 Dec, 2022 09:28pm
Business & Finance Meta to cut more than 11,000 jobs in one of the biggest layoffs this year Meta Platforms Inc said on Wednesday it will let go of 13% of its workforce, or more than 11,000 employees, in one... Updated 09 Nov, 2022 06:10pm
Technology Turkish competition board fines Meta Platforms $18.6 million ISTANBUL: Turkey’s competition authority has fined Facebook parent Meta Platforms Inc 346.72 million lira ($18.63... Published 26 Oct, 2022 02:30pm
Technology Meta reaches $37.5mn settlement of Facebook location tracking lawsuit Meta Platforms Inc reached a $37.5 million settlement of a lawsuit accusing the parent of Facebook of violating... Published 23 Aug, 2022 08:21pm
World TikTok to clamp down on paid political posts by influencers ahead of US midterms TikTok will work to prevent content creators from posting paid political messages on the short-form video app, as... Published 17 Aug, 2022 03:30pm
Technology Facebook owner Meta announces new virtual reality login system Meta Platforms Inc is modifying how users log onto its virtual reality headsets, backtracking on an earlier change... Published 07 Jul, 2022 09:27pm
Technology Instagram tests new tools for age verification Instagram said on Thursday it is testing new options for users to verify their age on the platform, starting with... Published 23 Jun, 2022 03:36pm
Markets Messaging app Telegram to launch paid subscription plan Messaging app Telegram will launch a paid subscription plan for its users this month, founder Pavel Durov said on... Updated 11 Jun, 2022 01:25am
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept
Sanctions on Pakistan’s missile program not meant to ‘color other areas of cooperation’: US State Dept