Europe Union is cracking down on Big Tech

Europe Union is cracking down on Big Tech

Starting Friday, Europeans will see their online lives change. People in the 27-nation European Union can alter some of what shows up when they search, scroll, and share on the biggest social media platforms like TikTok, Instagram, and Facebook and other tech giants like Google and Amazon. That’s because Big Tech companies, most headquartered in the U.S., are now subject to a pioneering …

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Instacart reveals revenue surge in IPO filing

Instacart reveals revenue surge in IPO filing

Grocery delivery app Instacart on Friday revealed a 31% jump in revenue for the first half of the year as it made public its filing for a stock market flotation in New York, setting the stage for one of the most anticipated listings in recent years. The development comes 15 months after Instacart submitted its IPO paperwork confidentially, a move that is …

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Roblox ‘illegally facilitated child gambling’: lawsuit

Roblox 'illegally facilitated child gambling': lawsuit

Roblox, the online video game maker of popular hits such as “Murder Mystery 2,” “Adopt Me,” and “Slap Battles” is being sued by the parents of two minors who allege that the company is illegally facilitating child gambling. Rachelle Colvin, a California resident, and Danielle Sass, who lives in New York state, filed suit against the San Mateo, Calif.-based company …

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AI chip giant Nvidia’s profit surge makes CEO $4.2B richer overnight

AI chip giant Nvidia's profit surge makes CEO $4.2B richer overnight

Nvidia’s chief executive Jensen Huang became $4.2 billion richer overnight after his software company crushed Wall Street’s second-quarter earnings expectations by billions, sending its stock surging by as much as 10% in aftermarket trading on Wednesday. Nvidia posted a record revenue of $13.51 billion for the latest quarter ended July 30, up 88% from the first quarter and a whopping …

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Google sued for information over rights to NFL’s ‘Sunday Ticket’ package

Google sued for information over rights to NFL's 'Sunday Ticket' package

Alphabet’s Google has been hit with a lawsuit in US federal court seeking information about its multibillion-dollar deal with the National Football League to exclusively hold the broadcast rights for the “Sunday Ticket” package of televised professional games. Lawyers representing classes of residential and commercial business subscribers of Sunday Ticket filed the lawsuit on Monday in San Jose, California, federal court. They’ve asked a …

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Justin Trudeau blasts Facebook for blocking news in fire-ravaged Canada

Justin Trudeau blasts Facebook for blocking news in fire-ravaged Canada

Canadian Prime Minister Justin Trudeau excoriated Mark Zuckerberg-run Meta as “bad for democracy” on Monday after it began blocking access to news stories on Facebook while wildfires destroy wide swaths of his country. “It is so inconceivable that a company like Facebook is choosing to put corporate profits ahead of ensuring that local news organizations can get up-to-date information to …

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MMA champs offer to train Elon Musk for cage match with Zuckerberg

MMA champs offer to train Elon Musk for cage match with Zuckerberg

A who’s-who of MMA fighters have a beef with Mark Zuckerberg — so they’re throwing their weight behind Elon Musk ahead of a possible cage match between the tech titans.  At least eight UFC fighters, Brazilian Jiu-Jitsu champions, and more, led by former MMA champ Chad Robichaux are offering to train Musk for the proposed cage fight with Meta CEO …

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Inflammation can lead to an increase in social media use: study

Inflammation can lead to an increase in social media use: study

People who suffer from inflammation often spend more time scrolling through social media in hopes of interacting with friends and family, a new study revealed this week. When the body slows down to heal inflammation and other illnesses, people tend to spend more time looking at their phone, according to Dr. David S. Lee, an assistant professor of communication at …

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Elon Musk says X users will no longer be able to block unwanted followers

Elon Musk says X users will no longer be able to block unwanted followers

Elon Musk says he plans to do away with the “block” feature on the X social media platform. The app formerly known as Twitter will instead offer users the option of muting someone they don’t care for, though the “block” feature will still be available for those who no longer wish to receive direct messages from an unwanted users, according …

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ChatGPT has a ‘significant’ liberal bias, researchers say

ChatGPT has a 'significant' liberal bias, researchers say

OpenAI’s wildly popular ChatGPT artificial-intelligence service has showed a clear bias toward the Democratic Party and other liberal viewpoints, according to a recent study conducted by UK-based researchers. Academics from the University of East Anglia tested ChatGPT by asking the chatbot to answer a series of political questions as if it were a Republican, a Democrat, or without a specified …

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