Instagram’s Threads App Hits 100 Million Users in Just Five Days: A Promising Start
Instagram’s Threads app achieves a remarkable milestone, reaching 100 million sign-ups in just five days, signaling a promising start for the text-based social platform. Instagram‘s tеxt-basеd app, Thrеads, has madе wavеs in thе social mеdia landscapе, surpassing thе milеstonе of…
Meta Takes Measures to Address UK Antitrust Concerns Regarding Ad Data Usage
Meta, the parent company of Facebook, has made significant commitments to address concerns raised by U.K. antitrust regulators regarding its utilization of advertising data to promote its own products. In an effort to alleviate these concerns and foster a fair…
Meta Slapped with Record $1.3 Billion Fine for EU Privacy Violations
Meta, the parent company of Facebook, has been hit with a historic fine of $1.3 billion (€1.2 billion) by the European Union (EU) for failing to comply with the bloc’s strict privacy regulations. The Irish Data Protection Commission, Meta’s chief…
Big Tech Companies Cut Costs and Lay Off Workers to Invest in AI Arms Race
Big tech companies like Meta, Alphabet, and Microsoft are ready to spend big on artificial intelligence (AI), despite cost-cutting measures that have led to job losses. The AI arms race is on, and these companies are funding it by saving…
