An attendee is seen using a cutting-edge Meta Platforms Inc. Quest 3 virtual reality (VR) headset at an event in San Francisco, California. This event took place on September 18, 2023. Image source: David Paul Morris | Bloomberg | Getty Images In a move that could revolutionize augmented and virtual reality wearables, the Federal Communications …
A Charles Schwab location in New York, US, on Friday, July 7, 2023. Michael Nagle | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you …
Co-founder and CEO of Snap Inc. Evan Spiegel holds up a Pixy drone while speaking during the Viva Technology conference dedicated to innovation and startups, at the Porte de Versailles exhibition center in Paris, France June 17, 2022. Benoit Tessier | Reuters Snap shares rose nearly 12% on Monday following reports of an internal CEO …
TikTok CEO Shou Zi Chew prepares to testify before the House Energy and Commerce Committee hearing on TikTok: How Congress Can Safeguard American Data Privacy and Protect Children from Online Harms, on Capitol Hill in Washington, D.C., on March 23, 2023. Jim Watson | AFP | Getty Images European regulator Thierry Breton shared a stern …
Linda Yaccarino: CEO of X speaking with CNBC’s Sara Eisen on Aug. 10th, 2023. CNBC Linda Yaccarino, CEO of X, formerly known as Twitter, discussed X’s approach to handling illegal content related to the Israel-Hamas conflict in an interview with CNBC’s Sara Eisen. This comes after a top EU regulator expressed concerns about the platform …
Meta Platforms CEO Mark Zuckerberg arrives at federal court in San Jose, California, on Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Meta is expanding its enforcement of its policies against violent posts and misinformation amid the Israel-Hamas war as charged images and posts balloon on social media. Meta and other social …
Days after the Israel-Hamas war erupted last weekend, social media platforms like Meta, TikTok, and X (formerly Twitter) were warned by a top European regulator to remain vigilant about disinformation and violent posts related to the conflict. European Commissioner for the internal market, Thierry Breton, sent messages to these platforms, stressing the consequences that failure …
A European regulator announced on Thursday that it has formally requested information from X (formerly known as Twitter) regarding the spread of illegal content and disinformation during the Israel-Hamas conflict. This request was made as part of an investigation by the European Commission into X’s compliance with the Digital Services Act (DSA). In a tweet, …
JPMorgan’s Marko Kolanovic predicts a 20% sell-off in the S&P 500. According to Kolanovic, high interest rates are causing stocks to reach a breaking point. As a protective strategy, he recommends choosing cash with a 5.5% return in money market and short-term Treasuries. “If we stay at this level of interest rates, I’m not sure …
