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Meta quarterly profit more than doubles
Meta quarterly profit more than doubles
by  AFP

Meta on Wednesday reported that its quarterly profit more than doubled from last year's figure to $11.6 billion as ad revenue climbed. The tech firm behind Facebook, Instagram and WhatsApp said revenue also grew 23 percent to $34 billion when compared to the same period a year earlier.

Google parent Alphabet profits grow on ads and cloud
Google parent Alphabet profits grow on ads and cloud
by  AFP

Google parent Alphabet on Tuesday reported a quarterly profit of $19.7 billion, powered by money taken in from ads, YouTube, and cloud services. -Microsoft riding cloud - Tech giant Microsoft said Tuesday its profits rose in the latest quarter, boosted by its strength in the closely watched cloud services segment.

Dozens of US states sue Meta over harm to children
Dozens of US states sue Meta over harm to children
by  AFP

Dozens of US states on Tuesday accused Facebook and Instagram owner Meta of profiting "from children's pain," damaging their mental health and misleading people about the safety of its platforms. "Meta has profited from children's pain by intentionally designing its platforms with manipulative features that make children addicted to their platforms while lowering their self-esteem."

Sony says 'Spider-Man 2' videogame sales set record
Sony says 'Spider-Man 2' videogame sales set record
by  AFP

"Marvel's Spider-Man 2" videogame was snapped up so fast that it set a record for PlayStation Studios, Sony Interactive Entertainment (SIE) said Monday. Sony spent heavily developing "Marvel's Spider-Man 2", its graphics pushing the PlayStation 5's technical capacities to the max to battle Kraven the Hunter and other villains.

Did a computer write this? Book industry grapples with AI
Did a computer write this? Book industry grapples with AI
by  AFP

From low-quality computer-written books flooding the market to potential copyright violations, publishing is the latest industry to feel the threat from rapid developments in artificial intelligence. Still, critics say the works are of low quality and sense little threat from AI for now.

Web Summit chief resigns after Israel comments furore
Web Summit chief resigns after Israel comments furore
by  AFP

The organiser of the Web Summit, one of the tech sector's leading events, announced his resignation Saturday following a backlash over his online posts following the Hamas attacks on Israel. A spokesperson for the organisation said: "Web Summit will appoint a new CEO as soon as possible, and Web Summit 2023 in Lisbon will go ahead as planned."

Apple scraps Jon Stewart show over China, AI clashes: report
Apple scraps Jon Stewart show over China, AI clashes: report
by  AFP

US comedian Jon Stewart's talk show on Apple TV+ has reportedly been canceled after just two series due to clashes between its host and the company over topics such as China and artificial intelligence. Streaming platform Apple TV+ launched "The Problem with Jon Stewart" as a flagship current affairs show in 2021.

Meta, Google quit tech summit over organizer's Israel remarks
Meta, Google quit tech summit over organizer's Israel remarks
by  AFP

Meta and Google have pulled out of the Web Summit, one of the tech sector's biggest annual events, after the organizer criticized Israel's actions following the Hamas attacks, the companies said on Friday. The boycott by Meta and Google follows other exits by companies and tech figures, including Intel, Siemens and US comedian Amy Poehler and X-files actor Gillian Anderson.

Thierry Breton: the Frenchman taking on US big tech
Thierry Breton: the Frenchman taking on US big tech
by  AFP

The European Union's self-styled digital enforcer, Thierry Breton, doesn't mince his words when it comes to big tech. A former CEO of French tech and telecom firms, Breton was the first major business leader to arrive in the cosy world of the European Commission, the EU's executive arm, and has since become very media savvy.