Rafael Henrique | Lightrocket | Getty Images Meta is considering charging its European users nearly $14 a month for an ad-free version of Instagram if they do not agree to let the company use their personal data for targeted ads, according to a report from The Wall Street Journal. The proposal aims to address the …
A merchant sells crystal ornaments via a live TikTok broadcast. CFOTO | Future Publishing | Getty Images TikTok Indonesia recently announced that it will discontinue e-commerce transactions on its platform by Thursday to comply with new local regulations. The move comes after the Indonesian ministry of trade set a one-week deadline for TikTok to become …
McCormick spices are displayed on a shelf at a supermarket in San Anselmo, California, on March 28, 2023. Justin Sullivan | Getty Images News | Getty Images Explore the latest market movers. Warby Parker saw a 3.4% increase in its stock price after Evercore ISI upgraded the shares to outperform. The firm predicts that 2024 …
The Sphere is seen during its opening night with the U2:UV Achtung Baby Live concert at the Venetian Resort in Las Vegas on Sept. 29, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Check out the companies making headlines in midday trading. Sphere Entertainment — Shares of the media and entertainment company have surged …
TOPSHOT – A staff of a small shoe manufacturer shows their new products to make an introductory video to be posted on social media in Bogor, West Java on September 27, 2023. Indonesia has banned goods transactions on social media platforms such as TikTok, Facebook or Instagram in a new regulation, its trade minister said …
At the Meta Connect event held at Meta headquarters in Menlo Park, California on September 27, 2023, Andrew Bosworth, the Chief Technology Officer of Facebook, delivered a speech to the attendees. During Meta’s annual Connect conference, which focused on virtual reality and the metaverse, there was a lot of buzz surrounding Apple. Meta CEO Mark …
Lorenzo Di Cola | Nurphoto | Getty Images The Supreme Court announced on Friday that it will address the constitutionality of Texas and Florida’s laws prohibiting social media companies from banning users due to potentially harmful rhetoric. Both states have passed legislation aimed at preventing tech giants such as Meta (formerly known as Facebook), X …
Brad Gerstner, Altimeter Founder and CEO, speaks at the Delivering Alpha conference in NYC, Sept. 28, 2023. Adam Jeffery | CNBC Altimeter Capital Chair and CEO Brad Gerstner is extremely bullish on artificial intelligence (AI), stating that its power surpasses even that of the internet. “AI is poised to outpace the internet, mobile, and cloud …
Meta announced the release of Quest 3, the highly anticipated sequel to the best-selling VR headset, on Wednesday. The Quest 3, priced at $499, is $200 more expensive than its predecessor. However, it boasts a more powerful Qualcomm chip, improved screens, and a feature called “passthrough,” which is expected to be a key feature on …
Drew Angerer | Getty Images News | Getty Images Meta has unveiled new artificial intelligence (AI) tools and celebrity-endorsed digital assistants in order to propel the development of the metaverse, according to CEO Mark Zuckerberg. Meta showcased the AI software, as well as its new Quest 3 virtual reality headset and latest Ray-Ban smart glasses, …