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META FINE 200 MILLION EUROS
France's OVHcloud plans frontier AI models to become Europe's second LLM playerOVHcloud aims to build advanced AI models. This move positions the European cloud provider as a competitor to Mistral. The company seeks to...- AI startup Genspark valued at $2.6 billion in latest funding roundGenspark.ai secured $100 million in funding, valuing the company at $2.6 billion. This investment underscores strong investor confidence in...
- Telegram CEO claims Reliance, WhatsApp's role behind efforts to ban company's app in IndiaTelegram CEO Pavel Durov accuses Reliance Group and WhatsApp of lobbying to ban his app in India. He also claims Reliance is disrupting Tel...
- Snap bets on AR glasses in post-smartphone raceSnap, the parent company of social network Snapchat, on Tuesday launched its Specs augmented reality glasses, a major bet by a struggling c...
- French spies drop AI giant Palantir over US overreliance fearsFrance is moving away from American AI technology for its intelligence services. The government announced it will stop using Palantir's dat...
- Meta’s Threads crosses 500 million monthly users; rolls out Communities featureMeta's Threads platform has crossed 500 million monthly users. The company has officially rolled out its Communities feature, allowing user...
- Fast-tracked power plants fuel AI boom, with little public scrutinyNew power plants are being built at an unprecedented speed to meet the growing demand of tech companies. These facilities, often fueled by ...
- Trump threatens 100% tariff on French wine over digital tax, says will have 'no choice'US President Donald Trump has issued a stern warning to France. He threatens to impose 100% tariffs on all French wines and champagne. This...
- India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
- Facebook Instagram messenger Down? Why users faced Facebook query error and Instagram outage during Meta disruptionFacebook down reports created a major online disruption as users faced query errors, login failures, and loading problems. The outage affec...
- Indian sailors, ship fined $6 million in Lagos cocaine caseA Nigerian court has convicted 11 Indian sailors and their vessel, MV Aruna Hulya, for cocaine trafficking. Authorities discovered 31.5 kil...
- Tap-and-pay takes off; ADIA to trim Lenskart stakeHappy Thursday! Tap-and-pay card usage is on the rise in India despite UPI's dominance. This and more in today’s ETtech Morning Dispatch.
- Reliance, Meta announce Jamnagar data centre; CleanMax to supply over 900 MW renewable energy capacityMeta Platforms is investing heavily in India's digital future. The company is partnering with Reliance Industries to build a new data cente...
- Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.
- Meta launches business agent AI to automate customer service, sales and business operationsMeta has unveiled Meta Business Agent, an AI-powered assistant designed to help businesses automate customer support, sales, scheduling and...
- Meta to launch America's workforce academy for guaranteed job placement with $115 million first year investmentMeta is launching America's Workforce Academy (AWA), a nationwide program designed to fast-track individuals into long-term careers in skil...
- EU orders Meta to open WhatsApp to rival AI chatbots for freeThe EU ordered Meta on Tuesday to give rival AI chatbots access to its WhatsApp platform for free within five working days as it carries ou...
- Meta funds skilled trades jobs program for AI data center buildoutThe cost-free program, America's Workforce Academy, will end in guaranteed job offers to graduates, the company said in a statement. A Meta...
- Meta to take legal action against Israeli spyware firm NSO, foils phishing attacksMeta has filed a federal court contempt order against NSO Group for violating a permanent injunction barring it from targeting WhatsApp. Th...
- Court rules EU must drop strict curbs on Facebook MarketplaceThe appeal before the EU's General Court in Luxembourg regarded the platforms' designation under the Digital Markets Act (DMA), one of seve...
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