Softbank Group's Arm IPO reaches a substantial valuation of $54.5 bln as it re-enters the stock market with the most anticipated offering.
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On September 5th, Meta announced that it would be deleting the Facebook News tab in the UK, France, and Germany in early December. Meta’s move towards deprecation is driven by several factors. According to the company, “News makes up less than 3% of what people around the world see in their Facebook feed.” This implies […]
On Tuesday, September 6, the EU DMA dropped a bombshell on Big Tech, christening Big Tech as "gatekeepers" under its Digital Markets Act.
The guys at Spotify have learnt the hard way about podcast profitability. They’ve ploughed a billion dollars into building a podcast platform. But they’re still showing a loss. By overcapitalizing on podcasts, they’ve had to reduce their losses in other areas, the primary area being a 2% staff cut. But although posting a loss of […]
SEC grants regulatory approval to AI-powered investment platform PortfolioPilot, paving the way for a new era in financial advisory.
On August 25th, the EU Digital Services Act (DSA) will usher in its first phase, mandating content monitoring for tech giants.
With an Amazon antitrust lawsuit on the way, book industry players sent a letter, asking for a probe into its alleged monopoly in the market.
More than 500 years ago, Leonardo da Vinci put pen to paper and recorded the future. He invented the tank, the helicopter, the automatic rifle, the diving suit and the parachute. And this was just the tip of his particular iceberg. Da Vinci’s thoughts, diagrams and art were so extraordinary they were considered heretical. They […]
After President Joe Biden's move to prohibit some US-China tech investments, investors said they were worried Beijing's retaliation.
Many workers across the U.S. are turning to ChatGPT to help with basic tasks, a Reuters/Ipsos poll found, despite fears.