Instagram to Moderate Content for Teens on the Platform
On Tuesday, Instagram made a big announcement to protect young teens from danger and inappropriate content they encounter on the platform. The popular social media platform has implemented a new “teen account” setting that will turn millions of teens’ accounts into private accounts and moderate the content they can consume on the platform. According to…
John David
Intel To Make Custom Chips For Amazon Web Service
Recently, Intel’s share price surged 8%. This surge, however, was no coincidence, as Intel secured one of its most lucrative deals in recent years. The tech giant was able to sign AWS or Amazon Web Service as one of its customers for producing high-end custom AI semiconductor chips. The company’s share price rose 8% after…
USA to Help Bangladesh’s Interim Government Fight Crisis
A high-level US delegation met with Bangladesh’s foreign advisor, Md Touhid Hossain. In the meeting, the delegations discussed matters concerning the country, such as economic status, lack of institutional capacity, and human rights. The US assured the interim government of Bangladesh that it would do its best to help the country get back on its…
SpaceX’s First Private Spacewalk Breaks Barriers!
On Thursday, SpaceX redefined space travel with its first-ever commercial spacewalk. SpaceX sent two private astronauts, a SpaceX engineer Sarah Gillis and tech billionaire Jared Isaacman, in its SpaceX Crew Dragon capsule. With the successful execution of this mission, it is evident that space travel is no longer exclusive to professional astronauts working at NASA…
Trump Media & Technology Shares Tanked By 17%
Investors penalized Donald Trump’s social media business after his performance in the debate against Vice President Kamala Harris. Trump’s already falling Media & Technology Group further lost 17% in valuation and reached to its lowest level since its prime product, Truth Social Owner, went public. Moreover, bitcoin and Coinbase went further south; however, funds that…
Google And Apple To Pay Billions In Antitrust Defeat!
Google and Apple lost the antitrust lawsuit in the European Union’s top court. They were charged with a whopping fine, and helped jumpstart an era of intensifying scrutiny for Big Tech companies. The court declined Google’s appeal against the €2.4 billion ($2.7 billion) fine the European Commission imposed for its comparison shopping service’s breach of…
Trump Social Media Company in Freefall, Net Worth Sinks
Former President Donald Trump’s social media company, Trump Media & Technology Group (TMTG), is amid several financial slumps, which have significantly damaged his net worth. TMTG, which owns the social media platform Truth Social, was launched as a competitor of major tech giants Twitter and Facebook. It is now struggling to stand in the market,…
DirecTV vs Disney: FCC Complaint Over Licensing Dispute
DirectTV, one of America’s biggest multichannel video programming distributors, has filed an antitrust lawsuit against Disney for wrongfully negotiating a football deal. The company filed a formal complaint with the FCC (Federal Communications Commission), alleging that Disney did not negotiate in good faith. A spokesperson for DirecTV said that Disney had breached the FCC’s good…
Larry Ellison Takes the Throne at Paramount Studios
After the merger with Paramount was announced in July, there were speculations that the Skydance founder, David Ellison, would be the new boss of the CBS and MTV parent company. However, a new document filed with the Federal Communications Commission revealed that his father, Larry Ellison, the founder of Oracle, would be the real kingpin…
Joe Biden To Block Merger Between US Steel & Nippon Steel
Japan’s premier steel manufacturing company, Nippon Steel, has extended a $14 billion offer to buy US Steel. However, two sources familiar with the matter said that US President Joe Biden is prepared to block the transaction due to national security concerns. As the 2024 US Presidential election campaigning is at its peak, campaigners from both…