EU worried about Facebook’s metaverse
Vestager wants to know more so she can regulate it
European Union authorities are a little worried about Facebook’s new metaverse plans and want to understand it better so they can regulate it.
Facebook threatens to pull out of EU
Unless it is allowed to break privacy law
Social notworking group Facebook is throwing its toys out of the pram and threatening to pull out of the EU unless it is allowed to break its GDPR laws.
Facebook plummets
Blames Apple
Facebook is blaming Apple as its shares plummeted 26 per cent, the biggest single-day slide in market value for a US company.
Meta builds AI supercomputer
What could go wrong?
Meta boffins are building a new artificial intelligence supercomputer that the company maintains will soon be the fastest in the world.
AMD downgraded
Piper Sandler is not optimistic
AMD was downgraded Thursday by Wall Street analysts Piper Sandler to neutral from overweight.
US government stands up to Big Tech
Senate Judiciary Committee bravely approved anti-trust measures
The US Senate Judiciary Committee on Thursday approved a bill that would bar tech giants like Amazon.com from giving preference to their own businesses on their websites, despite hefty lobbying from top executives like Apple Chief Executive Tim Cook.
Meta’s top spinner flees the building
Too many fires to put out
Meta's Vice President of Global Communications John Pinette has told colleagues that he is leaving the company, just as the company has several key PR disasters to handle.
Metaverse has problems with sexual assault
You didn’t see that one coming
Meta, the outfit formally known as Meta, has acknowledged that an early tester of Meta's Horizon Worlds app claims her avatar was groped by a stranger within the metaverse, but said it was her fault for being a woman and entering the made-up world without the safety devices switched on.