Book publisher Chicken Soup for the Soul sued several Big Tech companies in California federal court late Tuesday for allegedly…
Tag: Meta Platforms
How Apple glassmaker Corning inked a $6 billion AI deal with Meta
As Meta races to build data centers, the company is relying on 175-year-old glassmaker Corning for critical support…
Apple to participate in Trump admin’s U.S. Tech Force to modernize government technology
The Trump administration has launched the U.S. Tech Force, a White House-backed program in which Apple will participate…
Google plans to release its first AI smart glasses in 2026
Google is gearing up to launch its first AI-powered smart glasses in 2026, intensifying the race in wearable tech. Powered by Gemini AI…
Apple loses yet another AI exec as head of ChatGPT-like search effort departs for Meta
Ke Yang, the Apple executive spearheading an initiative to create AI-powered web search capabilities, is departing to join Meta Platforms…
Meta subsidiary Instagram finally launches an iPad app
After years of user requests and makeshift workarounds, Instagram has officially launched a dedicated app for iPad, bringing a tailored…
Apple’s brain drain continues as lead AI robotics researcher leaves for Meta
Apple’s lead AI researcher for robotics has left the company to join Meta Platforms’ robotics division, contributing to a brain drain of AI…
Meta CEO Mark Zuckerberg: Personal superintelligence is now in sight
In an era where artificial intelligence is rapidly transforming the fabric of human existence, the pursuit of superintelligence — AI systems…
Mark Zuckerberg’s Meta clashes with Apple, Google over child age check legislation
Major tech companies are clashing over responsibility for children’s online safety, facing billions in fines as states swiftly enact…
No plans to get Apple, other Big Tech firms to pay EU Digital Markets Act compliance costs, says EU tech chief
The European Commission will not require Apple and other Big Tech firms to cover the costs of monitoring their compliance with the EU’s…
Apple loses top AI models exec to Meta’s multi-million-dollar hiring spree
Ruoming Pang, a distinguished engineer and head of Apple’s foundation AI models team, is departing the company to join Meta Platforms…
White House calls EU fines on Apple and Meta ‘economic extortion’
The White House on Wednesday condemned EU fines on Apple and Meta Platforms, labeling them a “novel form of economic extortion” that…
Apple, Meta see modest European Union DMA fines after U.S. President Trump’s warning
Apple and Meta Platforms face EU fines totaling €700 million ($798 million) for breaching Big Tech antitrust rules under the DMA…
EU decision on Apple due in coming weeks, antitrust chief says
On Tuesday, EU antitrust chief Teresa Ribera informed European Parliament lawmakers that a decision on whether Apple and…
Apple faces modest fines as EU seeks to avoid tensions with America
Apple and Meta Platforms Inc. are expected to face fines under the European Union’s competition regulations for Big Tech by the end of next…
Apple says Meta’s iOS access requests risk privacy in EU
Amidst increasing EU pressure to open its ecosystem to competitors, Apple has raised privacy concerns regarding Meta’s requests…
Ambient Computing smart glasses are bigger opportunity than Apple Vision Pro’s Spatial Computing – Gene Munster
Both Meta Platforms and Google are shifting their development focus away from Virtual Reality and Mixed Reality to “Ambient Computing”…
Meta axes headset designed to rival Apple Vision Pro
Meta has ceased work on a headset designed to rival Apple Vision Pro because it reportedly wanted to keep the cost of the device below…
Stock market’s ‘Magnificent Seven’ is really now the Fab Four as Apple, Alphabet, and Tesla sputter
Even as the stock market is heads higher, the “Magnificent Seven” trade is beginning to fizzle, with Apple, Alphabet, and Tesla sputtering…
Meta, Microsoft, X, and Match file legal petition protesting Apple’s App Store policies
Meta Platforms, Microsoft, X, Match filed a legal petition protesting Apple’s App Store policies, complaining about how Apple is…
Apple challenges Maryland’s digital advertising tax
Apple is challenging Maryland’s tax on digital advertising in a state tax court after previous legal challenges brought by other companies…
Billionaire investors are buying Apple stock ‘hand over fist’
During the second quarter, a number of highly successful billionaire investors gobbled up Apple stock and shares of Nvidia and Microsoft…
Meta’s Threads decline echoes Google+ flop
When Threads arrived in early July, people created 100 million accounts almost immediately, funneled there straight from Instagram…
Investors brace for earnings from Apple, rest of ‘Magnificent Seven’ American companies
Led by Apple, a handful of massive growth and technology names that have dominated the U.S. stock market in 2023 are set to report…
The Nasdaq 100 ‘special rebalance’ aims to cut Apple, Microsoft, others down to size
Apple, Microsoft, and the rest of big tech have rapidly grown too big for the Nasdaq 100. The index’s solution is a “special rebalance.”
Why Apple and the rest of big tech are getting hit by the Nasdaq 100 ‘special rebalance’
Apple, Microsoft, and the rest of big tech have gotten too big for the Nasdaq 100 index. Unfortunately, the Nasdaq 100’s solution…
Nasdaq 100 plans special rebalance to curb dominance of Apple, select others
The Nasdaq 100 index is set to adjust the weighting of its 100 components, with the “magnificent seven” stocks Apple, Microsoft, Nvidia…
How to apply for your share of Facebook’s $725 million privacy lawsuit settlement
Facebook users who maintained an account between May 2007 and Dec. 2022 can submit a claim for their share of a $725 million class…
U.S. House Judiciary subpoenas Apple CEO Tim Cook, other Big Tech CEOs over free speech
U.S. House Judiciary Committee Chairman Jim Jordan on Wednesday subpoenaed Apple CEO Tim Cook and other tech CEOS over free-speech issues…
Apple spent more on lobbying than ever before as tech execs shelled out donations to key Republicans
Apple, Amazon, and Microsoft broke their lobbying spending records last year as they fended off heightened scrutiny of their business models…
Apple now more valuable than Google, Amazon, Tesla, and Walmart combined
Apple has hardly hit bear market territory from its all-time highs. In fact, Apple is now more valuable than Google, Amazon, Tesla, and…
Republican U.S. House likely to investigate Facebook, Google, Big Tech over censorship
Republicans are increasingly likely to secure a majority in the U.S. House of representatives, putting the GOP in control of House…
Gene Munster: Apple and Meta poised to be winners once interest rate hikes slow
Gene Munster, Managing Partner at Loup, said Wednesday that Apple and Meta Platforms are well positioned to become leaders…
Beleaguered Facebook scrambles to escape stock’s death spiral as users flee, sales plummet
Beleaguered Facebook-parent Meta Platforms is trading at its lowest since early 2019, and the stock is one of the worst performers…
Facebook-parent Meta sued for bypassing Apple privacy rules to track users
Facebook-parent Meta Platform was sued on Wednesday for allegedly building a secret work-around to privacy safeguards that Apple launched…
Privacy-focused Apple is killing Meta’s advertising revenue
Apple’s privacy-focused changes to its operating system – App Tracking Transparency – that wiped out an estimated $10 billion…
Apple, other Big Tech earnings poised to determine the direction of the market
Apple, and other “Big Tech” names Amazon, Alphabet (Google), Meta (Facebook), and Microsoft will all report earnings this week in a crucial…
Apple calls out Facebook parent Meta for planning to take nearly 50% cut from metaverse sales
Apple is calling out the hypocrisy of Facebook parent Meta Platforms’s intent to take a nearly 50% cut of digital asset sales within…
After criticizing Apple’s 15%-30% App Store cut, Meta plans to take 47.5% in metaverse fees
After criticizing the 15%-30% fee Apple charges for certain types of sales and subscriptions in the App Store, Meta Platforms will charge…
Apple’s privacy features will cost Facebook $12.8 billion this year
Apple’s App Tracking Transparency will cost Meta Platforms subsidiary Facebook $12.8 billion in 2022, research firm Lotame estimates…
Apple and Facebook gave user data to hackers who used forged legal requests
Apple and Meta Platforms, the parent company of Facebook, gave user data to hackers who masqueraded as law enforcement officials…