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Google parent Alphabet's Q1 profits beat estimates: company
Google parent Alphabet's Q1 profits beat estimates: company
by  AFP

Google's parent Alphabet on Thursday trounced revenue and profit expectations for the first quarter of this year, causing shares to leap more than 12 percent. Alphabet shares that ended the formal trading day down slightly leapt more than 12 percent to $177 in after-market trades that followed release of the earnings figures.

As 'news deserts' spread, US journalism fights on
As 'news deserts' spread, US journalism fights on
by  AFP

Baltimore Banner reporter Matti Gellman is first to leap in with questions during a recent press appearance by Maryland's state governor and celebrity chef Jose Andres at an urban farm. As for the Banner, the importance of its mission was underscored recently when a container ship crashed into a major Baltimore bridge, collapsing it within seconds.

Meta sees profits soar in first quarter
Meta sees profits soar in first quarter
by  AFP

Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter as the company continues to see stellar ad growth across its family of world-leading social media apps. Last week, Zuckerberg unveiled the latest version of Meta AI, which is now being deployed as a beefed up smart assistant across its apps, which include Instagram, WhatsApp, Messenger and Facebook.

TikTok to fight US ban law in courts
TikTok to fight US ban law in courts
by  AFP

TikTok's CEO vowed Wednesday to fight in the courts to overturn a newly signed US law that could see the popular app banned due to allegations it is controlled by the China government. "We will keep fighting for your rights in the courts.

TikTok suspends rewards programme after EU probe
TikTok suspends rewards programme after EU probe
by  AFP

TikTok on Wednesday announced the suspension of a feature in its spinoff TikTok Lite app in France and Spain that rewards users for watching and liking videos, after the European Union launched a probe.

Italy fines Amazon over 'recurring' purchase option
Italy fines Amazon over 'recurring' purchase option
by  AFP

Italy's competition authority said Wednesday it had fined two Amazon companies 10 million euros ($10.6 million) for unfair commercial practices, for pushing customers into agreeing to "recurring" rather than "one-time" purchases online.