Tech giants could face billions of dollars in fines for failing to tackle disinformation under proposed Australian laws, which a watchdog on Monday said would bring “mandatory” standards to the little-regulated sector. Under the proposed legislation, the owners of platforms like Facebook, Google, Twitter, TikTok and podcasting services would face…
Technology company executives Mark Zuckerberg and Sam Altman expressed support for government oversight of artificial intelligence after discussions with European Commission Thierry Breton. The commissioner said Friday that he and Zuckerberg, chief executive officer of Meta Platforms, were “aligned” on the EU’s regulation of artificial intelligence, which is now in…
Amazon.com will invest an additional $15 billion (roughly Rs. 12,297 crore) in India, the company’s Chief Executive Andy Jassy told Prime Minister Narendra Modi in his meeting on Friday. The investment will take the e-commerce giant’s total India investment across all businesses to $26 billion (roughly Rs. 21,314 crore) by…
Meta Platforms said on Friday a policy that was put in place to curb the spread of misinformation related to COVID-19 on Facebook and Instagram would no longer be in effect globally. Social media platforms such as Facebook and Twitter came under immense pressure to tackle misinformation related to the…
General Motors will join Ford in adopting Tesla’s North American charging plug standard and give GM electric-vehicle buyers access to the Tesla Supercharger network under an agreement announced on Thursday. GM’s move, which follows a similar decision by Ford to embrace Tesla’s charging plug standard, means three of the top…
Crypto scammers are infamous on Twitter and are always on the lookout for unsuspecting victims and high-profile targets. In a latest development, crypto scammers have hacked the Twitter account of OpenAI CTO, Mira Murati. Soon after the hackers gained access to Maruti’s account, promotional tweets around a fake crypto airdrop…
A judge dismissed a proposed class-action lawsuit against Elon Musk that claimed he cheated Twitter shareholders several times last year in the course of buying the social media company for $44 billion (roughly Rs. 3,61,687 crore). In a decision on Monday, US District Judge Charles Breyer in San Francisco said…
Meta Platforms‘ Instagram is planning to release a text-based app that will compete with Twitter and may debut as soon as June, Bloomberg News reported on Friday, citing people familiar with the matter. The Facebook parent is testing the product with influencers and some creators, according to the report. The…
Elon Musk on Tuesday said a new Twitter chief executive will let him devote more time to Tesla, but that he will continue to tweet his unfiltered thoughts even if it hurts his businesses. “I don’t care,” the billionaire said during a CNBC interview when asked what he thought of…
Elon Musk on Friday took to Twitter to announce the name of the new Twitter CEO. As his tweets confirmed, NBCUniversal’s Linda Yaccarino has been hired to take over Musk’s role as the CEO of the social media company. Sharing about her job responsibilities at Twitter, Musk mentioned that her she…
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