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Meta quarterly profit jumps but it sees volatility in ad market
Meta quarterly profit jumps but it sees volatility in ad market
by  AFP

Meta on Wednesday reported that its quarterly profit more than doubled from last year's figure as it looks ahead at a volatile ad market and lawsuits accusing it of profiting from "children's pain." Dozens of US states this week accused Meta of profiting "from children's pain," damaging their mental health and misleading people about the safety of its platforms.

Elon Musk teases audio and video calls at X
Elon Musk teases audio and video calls at X
by  AFP

X is tinkering with video and audio calling at the platform formerly known as Twitter, according to a post Wednesday by owner Elon Musk. "Early version of video and audio calling on X," Musk wrote in a post that contained a screen capture showing how to turn the feature on in the platform's settings.

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."