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List of All Articles with Tag 'tec'

Meta could become even more dominant in social media with Threads
Meta could become even more dominant in social media with Threads
In the first 24 hours after Threads launched, Meta's Twitter rival has surpassed 50 million sign-ups, upended the social media landscape and appears to have rattled Twitter enough that it is now threatening legal action against Meta.
1970-01-01 08:00
China fines Jack Ma's Ant Group nearly $1 billion
China fines Jack Ma's Ant Group nearly $1 billion
China's top financial regulators have fined Ant Group — the fintech firm founded by billionaire Jack Ma — about 7.1 billion yuan ($994 million) for breaking rules related to consumer protection and corporate governance.
1970-01-01 08:00
Winklevoss’s Gemini Crypto Exchange Sues DCG, CEO Barry Silbert
Winklevoss’s Gemini Crypto Exchange Sues DCG, CEO Barry Silbert
Gemini Trust Co., the digital-asset exchange founded by the billionaire Winklevoss brothers, filed a lawsuit against Digital Currency
1970-01-01 08:00
Innovation in EVs seen denting copper demand growth potential
Innovation in EVs seen denting copper demand growth potential
By Mai Nguyen HANOI New electric vehicles from Tesla and rivals are being engineered for efficiency in a
1970-01-01 08:00
Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed - sources
Microsoft-backed AI4Bharat set to raise $12 million funding from Peak XV, Lightspeed - sources
By Yuvraj Malik AI4Bharat, a start-up backed by Microsoft, is raising $12 million from venture capital firms Peak
1970-01-01 08:00
Robots say they won't steal jobs, rebel against humans
Robots say they won't steal jobs, rebel against humans
By Emma Farge GENEVA Robots presented at an AI forum said on Friday they expected to increase in
1970-01-01 08:00
Reliance Retail Unit Seeks to Buy Outstanding Shares Before IPO
Reliance Retail Unit Seeks to Buy Outstanding Shares Before IPO
Reliance Industries Ltd. said its retail unit will buy back shares trading in the gray market and given
1970-01-01 08:00
China Ends Probe of Jack Ma-Backed Ant With $984 Million Fine
China Ends Probe of Jack Ma-Backed Ant With $984 Million Fine
Chinese regulators imposed a 7.12 billion yuan ($984 million) fine on Ant Group Co., according to a statement
1970-01-01 08:00
Twitter CEO ridiculed over claim platform’s community ‘can never be duplicated’ by Threads
Twitter CEO ridiculed over claim platform’s community ‘can never be duplicated’ by Threads
As Twitter users get increasingly disgruntled with a platform owned by a controversial billionaire which has imposed temporary reading limits and has suffered countless outages, the CEO of the social media network has insisted the site’s community is “irreplaceable” as individuals flock to rival apps. After Mastodon, Post and Bluesky all stepped up to the plate to try and pull people away from the bird app, Instagram’s text-based alternative Threads has proven to be the next high-profile competitor – so much so, that Meta boss Mark Zuckerberg revealed 10 million people had signed up in the first seven hours of it going live this week. And Twitter’s certainly alarmed by its growing popularity. Owner Elon Musk has criticised the amount of data the app may collect on users and accused it of “cheating” amid reports of a lawsuit against Meta, and now, CEO Linda Yaccarino has stressed “everyone’s voice matters” on Twitter. The ex-NBCUniversal advertising chair – who was appointed to the top job back in May and didn’t issue a single tweet during the platform’s ‘rate limit exceeded’-related outage earlier this month – wrote on Thursday: “Whether you’re here to watch history unfold, discover real-time information all over the world, share your opinions, or learn about others – on Twitter you can be real. “You built the Twitter community. And that’s irreplaceable. This is your public square. “We’re often imitated – but the Twitter community can never be duplicated.” Sign up to our free Indy100 weekly newsletter Although the post makes no explicit reference to Threads, it was shared just hours after the rival app landed on Google Play and the App Store, and Yaccarino’s mention of “real-time information” comes as the initial version of Threads’ home feed is non-chronological and instead generated by an algorithm. However, sharing a screenshot of a tweet from Musk in which he claimed a “closed-source, algorithm-only system” means “manipulation” of information is “essentially undetectable”, Instagram head Adam Mosseri clapped back: “If anyone was asking, both Instagram and Facebook have chronological feeds options, so yes, we’re going to bring one to Threads too.” So that’s that, then. And looking at the replies to Yaccarino’s tweet, many aren’t convinced by her argument – not even the blue ticks paying a monthly fee for additional features: Oh, and if all of this wasn’t bizarre enough, there’s talk of a cage fight between Mark Zuckerberg and Elon Musk. Yes, really. No, we can’t believe it either. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.
1970-01-01 08:00
Some investors are shunning Wall Street's tech frenzy
Some investors are shunning Wall Street's tech frenzy
While many on Wall Street have chased the monster rally in mega-cap tech stocks this year, exchange-traded fund (ETF) investors seem to be bucking the "all-in on tech stocks" trend and opting for a more diversified strategy.
1970-01-01 08:00
Blackstone Sees Openings for Private Credit as Tech Growth Slows
Blackstone Sees Openings for Private Credit as Tech Growth Slows
A sluggish market for initial public offerings and a steady appetite for growth capital means private credit has
1970-01-01 08:00
Crypto exchange Binance hit by executive exodus
Crypto exchange Binance hit by executive exodus
By Tom Wilson and Jaiveer Shekhawat (Reuters) -A string of executives have quit Binance, according to their tweets and media
1970-01-01 08:00
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