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InMobi appoints JPMorgan, Jefferies for nearly $1 billion IPOThe SoftBank Group Corp.-backed firm is likely to seek a valuation of $5 billion to $6 billion in a share offering, Bloomberg News reported...
Users of Meta's Facebook, Instagram report suffering some outagesSocial media platforms Instagram and Facebook experienced widespread outages on Sunday. Users in the United States reported significant iss...
Meta, Anthropic in talks for potential $10 billion compute lease dealSuch a deal would help Meta diversify beyond advertising by generating revenue from its infrastructure and competing with neocloud firms su...
Meta, Anthropic in talks for potential $10 billion compute lease deal: NYTMeta Platforms is reportedly discussing a significant deal to lease computing power to Anthropic. This potential agreement could be valued ...
US judge won't block Meta from laying off workers who filed AI discrimination lawsuitDistrict Judge William Orrick in Oakland, California, in a written order said he would not stop Meta from carrying out the layoffs beginnin...
Indonesia's copyright rewrite puts Google, AI platforms on noticeIndonesia has proposed sweeping changes to its copyright law to recognise AI-assisted works with human involvement, while excluding fully A...
AI chatbots are at risk of spreading government restrictions on online speech, a new study saysMajor AI systems show bias against criticizing restrictive leaders and governments. These models are more likely to refuse prompts targetin...
Jio Platforms replaces CEO Kiran Thomas with Pankaj Pawar ahead of IPOJio Platforms has appointed Pankaj Pawar as its new chief executive officer. This leadership change occurs ahead of the company's planned i...
Meta to put AI chip into production in September as it looks to double computing capacityThe tech firm's data center chip, code-named "Iris," is part of a four-generation project for Meta Training and Inference Accelerators (MTI...
The Architecture of Addiction: What makes Meta’s apps so hard to put downThe regulator wants Meta to disable some features, add screen-time breaks, and make its recommendation system less engagement-obsessed. The...
WhatsApp username rollout put on hold after govt noticeTelegram has also submitted its response to the government that last week issued formal notices to the messaging platforms, directing them ...
Morgan Stanley warns AI chip rally may be running out of steamMorgan Stanley's Lisa Shalett warned semiconductor stocks may be overvalued as hyperscalers increasingly develop lower-cost proprietary AI ...
After WhatsApp, Telegram submits reply on username feature notice; both submissions being examinedOn Thursday evening, the government received WhatsApp's reply to the notice on the 'username' feature. The reply of Telegram has also been ...
ETtech Explainer: How the Meta-Manus deal came apart, and Tencent moved inChinese regulators ordered Meta to reverse its $2 billion acquisition of the company. Tencent is working with Manus' early investors, inclu...
Global Market | Tencent explores stake in AI Startup Manus after China challenges Meta deal: ReportsTencent is in talks to become the largest shareholder in AI startup Manus as investors seek to buy back the company from Meta after Chinese...
Tencent in talks to become AI startup Manus' largest shareholderTencent, together with Manus' original investors, including ZhenFund and HSG, are planning to buy the company back from Meta for no less th...
Meta to put AI chip into production in September as it looks to double computing capacity, memo showsMeta Platforms plans to manufacture its own artificial intelligence chip starting September. This initiative aims to significantly increase...
India objection to WhatsApp username switch gets Somalia backingIn a notable reaction, Somalia stands alongside India in opposing WhatsApp’s latest username feature. This initiative raises alarms about p...
Meta says US states are seeking $1.4 trillion in penalties in August youth safety trialMeta put forward the figure in its response to the attorneys general's filings on how penalties should be calculated if the states prevaile...
ETtech Explainer: Inside the Instagram child sexual abuse ad controversyInstagram has come under fire after a BBC investigation revealed it approved paid ads promoting child sexual abuse material, directing user...