Tech
Facebook Meta fined for violating Italian gambling advertising ban
Meta Platforms, the parent company of Facebook, has become the latest technology company to be fined in Italy for violating a gambling advertising ban. Meta
OpenAI is in talks to raise new funding at a $100bn valuation
OpenAI is in early talks to raise a new round of funding at a valuation of $100bn or higher. The terms, valuation and timing of
Chip maker Nvidia raises $15 million for non-profit organisations
US chip maker Nvidia and its employees have donated $15 million to Israeli and overseas non-profit organisations that support civilians affected by Israel’s war with
European Commission examines Italy’s tax case against Meta
An Italian tax complaint against Facebook’s parent company Meta has been referred to the European Commission’s VAT committee for assessment. The US corporation faces a
Tesla acquires land in Shanghai for megabattery plant
Tesla has acquired land in Shanghai for a megapack battery manufacturing plant with production expected to start in the fourth quarter of 2024, Chinese state
Toshiba sees power chips as immediate growth driver
Toshiba sees power management chips as an immediate profit driver thanks to growing demand for electric vehicles (EVs), its CEO said, following the acquisition of
Apple ramps up Vision Pro production and plans to launch in February
Apple is ramping up production of its Vision Pro mixed reality headset, paving the way for a February launch. According to the report, production of
Social media platform X is disabled for users around the world
According to Downdetector.com, the X and X Pro social networking platforms suffered worldwide outages early Thursday morning. Users of X, formerly known as Twitter, were
Uber to raise the minimum wage for drivers in France
Uber Technologies will raise the minimum wage for drivers in France as part of a broader agreement between taxi companies and driver representatives in the
Rite Aid has been banned from using AI facial recognition
Bankrupt US pharmacy chain Rite Aid will be banned from using facial recognition technology for surveillance purposes for five years to settle allegations by the