Tag: Internet Media and Services

Mark Zuckerberg said on Monday that Meta Platforms would spend hundreds of billions of dollars to build several massive AI data centers for superintelligence, intensifying his pursuit of a technology he has chased with a talent war for top engineers.

Mark Zuckerberg is expected to appear as a star witness in an unusual $8 billion trial that kicks off this week at which the Meta CEO is accused of operating Facebook as an illegal enterprise that allowed users’ data to be harvested without their consent.

A coalition of independent publishers has filed an antitrust complaint with the European Commission, accusing Google (NASDAQ:GOOGL) of misusing its dominant position in online search through its AI-generated summaries, known as AI Overviews, Reuters reported on Friday, citing a document they had seen.

Netflix (NFLX.O), has held talks with Spotify (SPOT.N), to partner on projects such as music award shows or live concert series as part of its live TV push, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

U.S. President Donald Trump told Fox News in an interview aired on Sunday that he has a group of “very wealthy people” ready to buy TikTok, whose identities he can reveal in about two weeks.

Meta Platforms (META.O), may face daily fines if EU regulators decide the changes it has proposed to its pay-or-consent model fail to comply with an antitrust order issued in April, they said on Friday.

 Renewable energy developer Invenergy and social media giant Meta Platforms (META.O), have signed four deals to supply 791 megawatts (MW) more of solar and wind power to operate data centers, the companies said on Thursday.

Bumble (NASDAQ:BMBL) stock rose 13% after the dating app company announced plans to reduce its global workforce by approximately 240 roles, representing about 30% of its employees.

Uber Technologies Inc (NYSE:UBER) stock rose 2.75% in premarket trading Tuesday after the company announced the launch of autonomous ride services in Atlanta in partnership with Waymo.

Google could face changes to its online search services in the U.K. after regulators raised concerns over the tech giant’s dominance.

Mark Zuckerberg, the billionaire CEO of Meta Platforms (META.O), is setting up a team of experts to achieve so-called “artificial general intelligence” (AGI), or machines that can match or surpass human capabilities, Bloomberg News reported on Tuesday.

Uber on Tuesday announced it’s partnered with self-driving car technology firm Wayve to launch trials of fully autonomous rides in the U.K., starting in spring 2026.

United Airlines (UAL) has teamed up with Spotify to offer passengers a new in-flight entertainment experience featuring a selection of Spotify’s video and audio podcasts, audiobooks, and music playlists.

Meta Platforms (META.O),aims to allow brands to fully create and target advertisements with its artificial intelligence tools by the end of next year, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Google-parent Alphabet unveiled a flurry of artificial-intelligence features at its developers conference. While analysts were impressed, the stock market still seems worried about how AI might eat into the company’s core search market.

Baidu stock was rising on Wednesday after the Chinese tech company’s growing artificial-intelligence business helped it top analysts’ first-quarter earnings targets.

Alphabet’s Waymo unit has received approval to expand its autonomous ride-hailing service to more parts of the San Francisco Bay Area, including San Jose.

Meta Platforms stock held steady early Friday after falling late in the previous session following a report that the Facebook parent is delaying the rollout of its new artificial intelligence model.

Lyft shares jumped 7% after the company boosted its share buyback plan to $750 million in its first quarter earnings report.

Google-parent Alphabet GOOGL was climbing early on Thursday after the search company denied artificial intelligence was eating into its market. It’s a claim that leaves Google at odds with its partner Apple AAPL.