Tech
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Elon Musk announces ex-NBCUniversal ad chief Linds Yaccarino as new Twitter CEO
Elon Musk has named former NBCUniversal advertising chief Linda Yaccarino as Twitter’s new CEO, as the company tries to reverse a plunge in ad revenue. Yaccarino will take over a social media platfor…
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UK restricts Microsoft, Activision from buying interest in each other
Britain’s competition regulator has published an interim order restricting Microsoft and Activision from acquiring an interest in each other without its consent, weeks after it blocked their $69 bill…
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Twitter’s verified users get early access to encrypted messaging
Twitter Inc on Thursday allowed users who subscribe to its Blue verification feature an early access to its encrypted messaging service. The social media platform, owned and run by Tesla CEO Elon Mus…
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Facebook owner Meta announces tests of generative AI ads tool
Social media giant Meta Platforms Inc joined the generative AI product race on Thursday, saying it would begin testing artificial intelligence-powered ad tools that can create content like image back…
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Twitter owner Elon Musk says he has found new CEO
Elon Musk said on Thursday he has found a new chief executive for Twitter, but did not name the person, while the Wall Street Journal reported that Comcast NBCUniversal executive Linda Yaccarino was …
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EU lawmakers’ committees agree tougher draft AI rules
European lawmakers came a step closer to passing new rules regulating artificial intelligence tools such as ChatGPT, following a crunch vote on Thursday. The European Union’s highly anticipated AI Ac…
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Disney shares slip as streaming losses narrow but some subscribers leave
Walt Disney Co reduced streaming losses by $400 million from the prior quarter but also shed subscribers, the company reported on Wednesday as quarterly earnings landed in line with Wall Street expec…
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Russia fines Google over ‘LGBT propaganda’ and ‘false information’ – agencies
A Russian court fined Alphabet’s Google 3 million roubles ($38,600) on Thursday for failing to delete YouTube videos it said promoted “LGBT propaganda” and “false information” about Russia’s military…
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Google threatened by Microsoft AI lead to take some desperate measures
Amid facing rising competition by its competitors like Microsoft, Google is expected to announce artificial intelligence (AI) in its products to keep its $300 billion advertising market afloat, Reute…
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Amazon offers shoppers $10 to pick up purchases as it targets delivery costs
Amazon.com is offering customers $10 to pick up a purchase rather than have it shipped to a home address, as the e-commerce giant joins other retailers in racing to slash costs for home delivery and …