April 25, 2024
Mark Zuckerberg Says Threads ‘Growing Well’ With 150 Million Users

Threads now has more than 150 million monthly active users. The Meta-owned text-based social media platform is “growing well,” Meta CEO Mark Zuckerberg said Wednesday (April 24), during the company’s...

April 25, 2024
ByteDance Prefers Shutdown Over Sale of TikTok Amid US Ban...

In the face of looming legislative measures threatening to ban TikTok from U.S. app stores, ByteDance, the Chinese tech conglomerate behind the popular video-sharing platform, has reportedly signaled a startling...

April 25, 2024
Worldcoin Explores Partnership With OpenAI Amid Regulatory Pressure

Eyeball scanning digital ID startup Worldcoin is reportedly considering a partnership with tech company OpenAI.  This exploration comes after months of privacy-focused scrutiny from regulators around the world. Alex Blania, CEO of Worldcoin...

April 25, 2024
Meta’s AI Spending Plans Leave Investors Unnerved

Wall Street investors are reportedly uneasy about Meta’s multi-billion-dollar artificial intelligence (AI) plans. The company’s stock fell 15% in early trading Thursday (April 25), Bloomberg News reported, despite CEO Mark Zuckerberg’s efforts...

April 24, 2024
Tech-Enabled Solutions Put the Brakes on Returns Fraud

An integral aspect of the retail cycle, returns have surged in recent years with the growth of online channels. However, accompanying this increase in returns is a concerning trend: the...

April 24, 2024
UK Set to Revise AI Oversight Amid Big Tech Data...

The head of the U.K.’s financial regulator announced plans to explore how big tech companies’ access to extensive data might lead to improved financial products and more options for consumers. The regulatory shift seeks to maximize artificial...

April 24, 2024
Square and Cash App Collaborate on Bitcoin Conversions for Sellers

Block ecosystems Square and Cash App have begun rolling out a feature that will allow eligible Square sellers to automatically convert a portion of their daily sales to bitcoin with Cash App. The rollout of...

April 24, 2024
TikTok Divesture Aftermath Focuses on Potential Suitors

The clock is running out on TikTok’s U.S. ambitions. President Joe Biden on Wednesday (April 24) signed a bipartisan measure that gives TikTok’s owner, Chinese tech giant ByteDance, nine months...

April 24, 2024
Chamber of Commerce Plans to Sue to Overturn FTC Non-Compete...

The U.S. Chamber of Commerce is blasting the FTC’s new ban on non-compete clauses. Soon after the Federal Trade Commission (FTC) imposed the ban on Tuesday (April 23), the business lobbying group said...