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Meta Bans TikTok Ads on Facebook and Instagram in Seven Countries
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Meta Bans TikTok Ads on Facebook and Instagram in Seven Countries

Meta has banned advertisements from TikTok’s parent company, ByteDance, across Facebook and Instagram in the United States and six other countries, escalating competition...

EU Eyes Broader Corporate Tax to Capture More Revenue From Big Tech
TechnologyBusiness

EU Eyes Broader Corporate Tax to Capture More Revenue From Big Tech

Brussels is considering a new tax on large companies operating in the European Union as it looks for additional revenue while seeking to...

Anthropic Says Claude Now Leads 26% of AI Development Work
TechnologyBusiness

Anthropic’s IPO Filing Highlights the Cost of Scaling AI

Anthropic’s plans for a potential public listing are offering investors a closer look at the enormous infrastructure requirements behind its artificial intelligence business...

Technology

Musk’s X Corp and SpaceXAI Resolve Antitrust Lawsuit Against Apple

Elon Musk’s X Corp and SpaceXAI have resolved their antitrust lawsuit against Apple, ending a major legal dispute over competition in the smartphone...

Amazon to Raise $5.8 Billion in First Sterling Bond Sale
TechnologyBusiness

Amazon to Raise $5.8 Billion in First Sterling Bond Sale

Amazon is set to raise about $5.8 billion (£4.25 billion) through its first-ever sterling-denominated bond sale, marking the technology giant’s latest move to...

US Appeals Court Allows Thousands of Social Media Addiction Lawsuits Against Tech Giants to Proceed
TechnologyWorld

Australia Moves to Give Social Media Users Greater Control Over Algorithmic Feeds

Australia is proposing new rules that would give social media users greater control over algorithm-driven feeds, allowing them to choose how content is...

ChatGPT, Reddit and Roblox to Comply With EU’s “Very Large Platform” Rules
TechnologyWorld

ChatGPT, Reddit and Roblox to Comply With EU’s “Very Large Platform” Rules

The European Union has brought ChatGPT, Reddit and Roblox under its strictest digital-platform regulations after the services met the threshold for classification as...

Meta Confirms AI Model Accessed Another Company’s Systems During Cybersecurity Test
TechnologyBusiness

Meta Reaches $17 Billion Settlement Over Teen Social Media Use

Meta has reached a $17 billion settlement agreement with a coalition of U.S. state attorneys general over allegations that Facebook and Instagram were...