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Tech CEOs face US Senate grilling over youth content
Tech CEOs face US Senate grilling over youth content
by  AFP

Meta CEO Mark Zuckerberg and the chief executives of X, TikTok, Discord and Snap face a grilling by US lawmakers on Wednesday over the dangers that social media platforms bring to children and teens. Another idea would require social media platforms to verify the age of account holders and completely bar children under the age of 13.

Netherlands fines Uber over data protection
Netherlands fines Uber over data protection
by  AFP

Dutch regulators said Wednesday they are imposing a 10 million euro ($10.8 million) fine on ride-hailing app Uber for lack of transparency in how it treats personal data of its drivers. The Dutch Data Protection Authority said it imposed the fine after a group of 170 French drivers complained to a French human rights organisation.

Samsung says Q4 operating profits drop 34.57 percent
Samsung says Q4 operating profits drop 34.57 percent
by  AFP

Samsung Electronics on Wednesday reported a 34.57 percent drop in operating profits for the fourth quarter of 2023, as the company struggles with weak demand for consumer devices. - Cash buffer - The company also reported its full-year profits for 2023 on Wednesday, with operating profit for the year at 6.56 trillion won, down 84.9 percent from the previous year, the Yonhap news agency reported.

Microsoft, Google ride AI wave as revenues surge
Microsoft, Google ride AI wave as revenues surge
by  AFP

Microsoft and Google delivered solid corporate earnings on Tuesday as the tech giants said demand for artificial intelligence services stoked revenue. Google trails Microsoft and Amazon's AWS, which are the world's top providers of cloud computing services.

Google says AI helped it beat profit expectations
Google says AI helped it beat profit expectations
by  AFP

Google parent Alphabet on Tuesday credited artificial intelligence with helping boost profits in the final quarter of last year. Google ads brought in a total of $65.5 billion in the quarter, compared with $59 billion in the same period the prior year, according to the earnings report.