The market value of the «Magnificent Seven» dropped by more than $1 trillion
This Thursday was the worst day on Wall Street since April 2025, with the so-called "Magnificent Seven". The biggest tech...
META
US court mandates Meta to pay $25 billion in Cambridge Analytica lawsuit
On Wednesday, a U.S. court directed Meta, the parent organization of Facebook, Instagram, and WhatsApp, to pay $25 billion for...
Elon Musk loses trillionaire status after SpaceX drop slashes his fortune by $50 billion
Elon Musk lost his trillionaire status on Wednesday when a decline in SpaceX shares caused his worth to tumble by...
Plans to develop a cloud company and sell AI capacity cause Meta’s stock to increase 9%
The technology giant Meta soared 9% on Wall Street this Wednesday in mid-session after learning of its plans to create...
OpenAI, Meta, Google, Anthropic, and other directives add up to the G7
Executives from twelve technology platforms, including OpenAI, Meta, Google, Anthropic, Salesforce, and Mistral AI, are participating this Wednesday. In a...
Meta shares soar after it announces premium subscriptions
An announcement released on Wednesday states that Meta will introduce premium subscriptions for Facebook, Instagram, and WhatsApp, providing users with...
U.S. Court Deals Blow to Meta in Social Media Addiction Case
The state of Vermont filed a case alleging that internet giant Meta's platforms have encouraged young people to get addicted...
SpaceX is compared to some of the biggest initial public offerings (IPOs) in the United States
SpaceX is seeking a valuation of approximately $1.75 trillion in its upcoming initial public offering (IPO), which could become the...
Children’s programming is being used by Google and Meta to distract people from screen time
While creating programs that made it challenging for the same young users to log out. Meta and Google collaborated with...
Meta will increase safety precautions for Facebook users in the US and minors in Europe
As regulators put pressure on the US tech giant to better protect youth online. Meta announced on Tuesday that it...
