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Meta to Keep Facing Apple Privacy Pinch, TikTok Heat for Now

Stiff competition from TikTok and Apple Inc’s privacy changes will remain a cause for concern for Facebook-owner Meta Platforms Inc in the near term, Wall Street analysts said. At least 16 brokerages cut their price targets on Meta after the company reported its first-ever quarterly revenue drop on Wednesday, highlighting challenges faced by U.S. companies […]

Meta Posts First-ever Revenue Drop as Inflation Throttles Ad Sales

Meta Platforms Inc issued a gloomy forecast after recording its first ever quarterly drop in revenue on Wednesday, with recession fears and competitive pressures weighing on its digital ads sales. Shares of the Menlo Park, California-based company were down about 4.6 percent in extended trading. The company said it expects third-quarter revenue to fall to […]

Google Search Ads Beat Targets Despite Global 'Uncertainty'

Google search ads lifted parent Alphabet Inc close to Wall Street sales expectations on Tuesday, sending shares up on relief that the world’s biggest seller of online advertising may withstand a global recession better than smaller rivals. A trio of Alphabet executives sounded caution on a call with investment analysts, using “uncertain” or “uncertainty” at […]

How to Invest in Web 3: A Detailed Overview

People are eagerly jumping on the Web 3 bandwagon and joining the online revolution that promises to transform the Internet as we know it. What is on everyone’s mind, given the ubiquitous enthusiasm and the potential profits that await early adopters, is how to invest in Web 3. Both investors and customers have great prospects […]

What Are the Ethical Issues in Biometrics?

What is biometric identification? It is the process through which unique biological characteristics are used in biometric identification to recognize and validate a person. These characteristics can be found in facial traits, eye structures, DNA, fingerprint patterns, and even handwriting. All this data that can be gathered on an individual inevitably brings up the ethical […]

Meta Hit with Trademark Lawsuit by Virtual-reality Company MetaX

Facebook owner Meta Platforms Inc was hit with a trademark lawsuit in Manhattan federal court on Tuesday by MetaX LLC, a company that creates immersive virtual-reality experiences, for allegedly stealing its name for its pivot to the metaverse. New York-based MetaX told the court it had been “crushed” by Facebook’s rebrand and said its “ability […]

Impact of Technology in Politics: The Internet and Democracy

The potential effects of new information and communication technologies (ICTs) on democratic processes have resulted from the exponential growth of the Internet. Taking into consideration the complexities of democratic administration and the historical ramifications of the digital era, the debate’s scope concerning the impact of technology in politics is astonishing. What is the Impact of […]

How Technology is Steering us Towards Digital Totalitarianism

Social media, the internet, and other digital tools, which were once hailed as great forces for human empowerment, connectivity, and liberation, have quickly come to be seen as a serious threat to democratic stability and human freedom. Social media platforms are demonstrating the potential to exacerbate risks such as authoritarian privacy violations, partisan echo chambers, […]

Will the Metaverse Mark the Coming of Digital Slavery?

If the internet and the videogame industry have shown us anything, it is that where humans go, human vices follow. Violence, sexual assault, abuse, and more, the internet is home to everything that exists in the real world, accentuated by the anonymity and lack of regulation offered on the web. With that, could we see […]

Elon Musk's Take on the Metaverse

Two currents that are said to revolutionize the digital world are the Metaverse and Web 3. Elon Musk, the world’s richest man, is not a fan of either. As the CEO of SpaceX and Tesla, Elon Musk’s take on the Metaverse was made quite clear in his interviews and tweets. He couldn’t envision a compelling use-case […]