List of All Articles with Tag 'tec'

In the run-up to Instagram launching Threads earlier this week - its “civil”, text-based alternative to Twitter - billionaire Elon Musk has criticised the rival app looking to compete with the platform he bought back in October for $44bn by calling out the amount of data it may collect on users. Now, after the Meta-run platform is out in the wild, Musk appears to be so riled up by its runaway success (Facebook co-founder Mark Zuckerberg reported 10 million sign-ups in the first seven hours after launch) that he’s threatening to sue Meta over what he considers “cheating”. News website Semafor shared a letter from Twitter lawyer Alex Spiro, in which he writes that the bird app has “serious concerns” Zuckerberg’s company has carried out “systemic, wilful, and unlawful misappropriation of Twitter’s trade secrets and other intellectual property”. It reads: “Over the past year, Meta has hired dozens of former Twitter employees. Twitter knows that these employees previously worked at Twitter; that these employees had and continue to have access to Twitter’s trade secrets and other highly confidential information; that these employees owe ongoing obligations to Twitter; and that many of these employees have improperly retained Twitter documents and electronic devices. “With that knowledge, Meta deliberately assigned these employees to develop, in a matter of months, Meta’s copycat ‘Threads’ app with the specific intent that they use Twitter’s trade secrets and other intellectual property in order to accelerate the development of Meta’s competing app, in violation of both state and federal law as well as those employees’ ongoing obligations to Twitter. “Twitter intends to strictly enforce its intellectual property rights, and demands that Meta take immediate steps to stop using any Twitter trade secrets or other highly confidential information.” Sign up to our free Indy100 weekly newsletter Crikey. Appearing to confirm the legal threat following Semafor’s report, Musk tweeted: “Competition is fine, cheating is not.” The remark has since been met with heavy ridicule: Meanwhile, Meta’s communication director, Andy Stone has taken to Threads to state: “No one on the Threads engineering team is a former Twitter employee – that’s just not a thing.” The Musk-Zuckerberg feud very much continues, though, to the extent there are continued rumours the two tech moguls could partake in a “cage fight” to settle their differences – yes, really. We’ll go and fetch the popcorn… 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.

Chinese Foreign Minister Qin Gang has been absent from public view for 12 days, an usual absence for

A law that props up the news industry has turned Canada into the latest battleground for global tech

Taiwan’s exports plunged in June at the fastest pace since 2009, exacerbating concerns about the slump in global

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European football teams, media like Le Monde and Agence France-Presse and other organizations on the continent have found

By Josh Ye HONG KONG Alibaba Group Holdings Ltd announced on Friday an artificial intelligence (AI) image generator,

Meta’s new Twitter rival Threads has racked up over five million signups within the first four hours of its launch, the tech giant’s chief Mark Zuckerberg said. Threads arrives at a particularly difficult time for Elon Musk’s Twitter. The site has faced a range of technical issues in recent days, which it has blamed on AI services scraping its site. “Threads, an Instagram app” is already listed on the App Store. It aims to take on the app with a range of features that are similar to those offered by Twitter, according to its App Store listing. “Threads is where communities come together to discuss everything from the topics you care about today to what’ll be trending tomorrow,” it reads. “Whatever it is you’re interested in, you can follow and connect directly with your favourite creators and others who love the same things — or build a loyal following of your own to share your ideas, opinions and creativity with the world.” It is the latest in a long line of apps to try and take over from the increasingly troubled Twitter in offering text-based updates. Read More Meta responds to Elon Musk’s lawsuit threat as Threads becomes most rapidly downloaded app Mark Zuckerberg trolls Elon Musk by posting Spider-Man meme on Twitter after launching rival Threads People cannot leave Instagram’s Threads app without deleting their whole account, rules warn I tried Mark Zuckerberg’s Twitter rival, Threads – I’m not impressed

One of India’s biggest venture capital firms is turning more cautious in its investment strategy, alarmed by crises

The long-term prospects for artificial intelligence-linked semiconductors is making Morgan Stanley even more bullish about chip stocks in

By Julie Zhu and Jane Xu HONG KONG Chinese authorities are likely to announce a fine of at