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Whatsapp Warns It May Leave Nigeria Over Order to Pay a $220 Million Fine

[Aug 3 5:12 PM] Whatsapp, the social media platform owned by Meta Inc., has stated that it would be impossible to comply with additional demands from Nigeria’s consumer protection agency. The social media platform argues that the Nigerian agency’s order compelling…

Nvidia delays next gen AI chip as investors issue ‘bubble’ warning

[Aug 3 4:54 PM] After briefly breaking the $3 trillion market capitalization mark in June, things have taken a negative turn for the world’s most valuable chipmaker.

Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies

[Aug 2 6:35 PM] Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem.

Elon Musk accepts challenge to fight president of Venezuela

[Aug 1 7:31 PM] After ducking Mark Zuckerberg, Musk has now agreed to fight 61-year-old Nicolas Maduro on live TV.

‘Magnificent seven’ stocks shed $2.6T in lead-up to busy earnings week

[Jul 31 5:14 AM] The world’s best-performing tech stocks have bled an average $125 billion market cap per day for the past 20 days while crypto market cap has risen 11%.

Citron crypto-skeptic Andrew Left to face fraud charges

[Jul 29 3:22 AM] The crypto-skeptic could spend 25 years behind bars should he be convicted on all 18 fraud-related charges.

Mark Zuckerberg calls for open-source AI as Meta releases Llama 3.1

[Jul 23 11:32 PM] Meta is “taking the next steps toward open-source AI becoming the industry standard,” according to CEO Mark Zuckerberg.

Meta to Appeal Nigeria’s $220 Million Data Privacy Fine

[Jul 21 11:30 PM] Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) has fined Meta (formerly Facebook) $220 million for alleged data privacy violations. The investigation centered on Whatsapp LLC and Meta’s failure to allow users to consent to…

Metaverse book gets boring rename in latest sign of waning enthusiasm

[Jul 21 2:42 PM] The growing malaise for metaverse hype is reminiscent of the AI sector directly before the launch of GPT-3.

SETI, NASA scientists think AI could teach aliens about Earth

[Jul 21 10:30 AM] The question is: which model best represents humanity?

Meta reportedly cut metaverse budget by 20% as Q2 earnings call looms

[Jul 20 12:01 PM] Despite Q1 company earnings rising 27% year-over-year, Reality Labs will have to cut costs.

OpenAI turns to Broadcom as Musk, Zuckerberg snatch up Nvidia AI chips

[Jul 19 10:37 AM] The run on training hardware has put chipmakers at the forefront of the general artificial intelligence boom.

Meta won’t launch new AI products in EU, citing ‘regulatory uncertainty’

[Jul 18 11:25 AM] The door is now wide open for Google and Microsoft to gain first movers' advantage over the entire continent.

Bitcoin’s Market Cap at Risk of Falling Below $1 Trillion for First Time in 4 Months

[Jul 6 7:21 AM] According to recent statistics on Saturday, July 6, 2024, bitcoin’s market capitalization is nearing the $1 trillion mark. If bitcoin’s value drops by $110 billion, it will hit a low not seen since late February 2024. Bitcoin Market…

As Meta’s Threads celebrates first anniversary, will it now become a challenger to X?

[Jul 5 6:42 AM] Despite Threads hitting 175 million monthly active users, it’s still too early to say whether it could become another X one day.

Meta Launches Awards to Drive AI Innovation in Developing Regions

[Jul 4 12:54 PM] Meta launched the Meta Llama Impact Innovation Awards to support organizations in developing regions that use Meta’s advanced AI models, Llama 2 and 3, to solve local problems in education, environment, and other areas. The AI models are…

Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business

[Jul 4 12:23 PM] The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products.

Meta seeks to use generative AI in its metaverse, job listing shows

[Jul 2 8:22 PM] Meta is offering a $347,000 yearly salary for an expert to drive its AI metaverse vision, while a regulator has banned Meta from using personal data from Brazilians to train its AI.

Charles Hoskinson questions AI's censorship and selective training

[Jul 1 3:35 AM] Charles Hoskinson, co-founder of Cardano, raises concerns over AI censorship and the selective training of AI systems at the hands of the big tech companies developing the models.

Meta’s prototype ‘full holographic’ glasses could be a game changer for Web3

[Jun 29 11:50 AM] The new holographic display could give NFTs the Pokemon Go treatment.

AI ‘Skeleton Key’ attack found by Microsoft could expose personal, financial data

[Jun 28 3:50 PM] Aside from being wary about which AI services you use, there are other steps organizations can take to protect against having data exposed.

Coinbase is the most impersonated crypto brand by scammers: Report

[Jun 24 6:24 AM] Although Coinbase continues to be the most impersonated brand in the crypto industry, Meta was targeted by over 25 times as many scammers as the exchange.

Meta loses bid to wriggle out of billionaire’s crypto scam ad lawsuit

[Jun 19 9:03 PM] Meta cited a section of a 1996 federal law in an attempt to escape a crypto ad lawsuit from Australian billionaire Andrew Forrest, but a U.S. federal judge said it wasn’t enough.

Indiana vows outage-free energy for crypto miners, data centers

[Jun 11 4:02 AM] Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy.

Bitcoin Must Hit $84,740 to Match Silver’s Market Cap, Over $800,000 to Surpass Gold

[Jun 5 7:05 AM] Bitcoin has climbed past $70,000 and is now the world’s ninth-largest asset by market capitalization, among many publicly traded companies and precious metals. Despite overtaking silver’s market value in March, the leading…

Meta’s AI chief slams Elon Musk over hype, conspiracy theories

[Jun 2 10:44 AM] It’s scientist versus business mogul as X.com’s biggest nerd fight plays out in real time.

Coinbase, Ripple, Meta Join Forces to Fight Crypto Scams, Including Pig Butchering

[May 22 5:16 PM] Leading crypto and tech companies, including Coinbase, Ripple, Meta, Kraken, and Gemini, have formed a coalition to combat online fraud, including crypto scams like the pig butchering scheme. “We are dedicated to disrupting emerging online…

Bitcoin volatility plunges below Tesla, Nvidia stocks amid $100K price prediction

[May 11 9:15 AM] Lower Bitcoin market volatility often precedes significant bull runs, suggesting that the current trend could propel prices toward the $100,000 to $150,000 range.

Meta’s letting Xbox, Lenovo, and Asus build new Quest metaverse hardware

[Apr 25 11:00 AM] Each company has its own special plans for the Quest mixed-reality device.

Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue

[Apr 24 9:43 PM] Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company…