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Industry Events news for the IT Industry|Industry Events news for the IT Industry|Industry Events news for the IT Industry

Elon Musk Sued By Former CNN Anchor Over Cancelled X Deal

Lawsuit time. Musk had cancelled contract with Don Lemon for talk show on X, after questioning over platform's content moderation…

2 days ago

Meta Posts Strong Q2 Amid Heavy AI Spending

Facebook parent Meta Platforms delivers strong Q2 financials which beats Wall Street expectations, raising its share price

2 days ago

South Korea To Support Businesses Amidst E-Commerce Crisis

South Korean government to support small-business vendors on Qoo10-owned e-commerce platforms amidst payment chaos

4 days ago

Amazon Faces Double Tax Fraud Probes In Italy

Italian authorities investigate Amazon in second tax-evasion case after seizing 121m euros from Milan unit last week

5 days ago

LinkedIn To Pay $6.625m In Ad Lawsuit Settlement

Microsoft's LinkedIn agrees to $6.625m settlement with advertisers over alleged overcharging based on inflated ad metrics

5 days ago

Meta Ordered To Clean Up AI-Generated Porn By Oversight Board

Oversight Board orders Meta to clarify rules over sexually explicit AI-generated images, after two fake images of famous women shared…

1 week ago

Revolut Gains UK Banking Licence

After three years of trying, fintech start-up Revolut finally recieves a UK banking licence, but with some restrictions from regulator

1 week ago

Alphabet Q2 Beats Expectations, But Shares Dip

Despite share buyback and positive Q2 results, Alphabet's share price falls over YouTube slowdown and margin declines

1 week ago

Google Cancels Plan To Axe Third Party Cookies For Chrome Browser

Better switch to Firefox? After years of delays, Google performs u-turn and will no longer cancel third-party tracking cookies

1 week ago

Double-Digit Growth For Google Expected Amidst AI Push

Google expected to see double-digit revenue and profit growth for second quarter amidst AI cloud enthusiasm, stronger ad sales

2 weeks ago

Oracle To Pay $115m In Privacy Lawsuit Settlement

Oracle to pay $115m to settle proposed class-action lawsuit over 'digital dossiers' that allegedly collected data on hundreds of millions

2 weeks ago

Amazon Workers In Coventry Fail To Form Union

Amazon workers in Coventry lose union recognition ballot by just a handful of votes, amid allegations from the GMB

2 weeks ago

Bitcoin ‘Creator’ Craig Wright Admits He Is Not Satoshi Nakamoto

Australian computer scientist Craig Wright referred to Crown Prosecution Service (CPS) to be considered for perjury charges

2 weeks ago

TikTok Parent Loses Bid To Avoid EU ‘Gatekeeper’ Label

China's ByteDance has lost a legal challenge to avoid a European Union 'Gatekeeper' designation, but can appeal ruling

2 weeks ago

Elon Musk To Relocate SpaceX, X HQ To Texas

Leaving California. Elon Musk protests new gender-identity law, says he will move headquarters of SpaceX and X from California

2 weeks ago

Trump Media Shares Rally After Assassination Attempt

Shares in Trump Media surge 33 percent after Saturday assassination attempt on former president as investors bet on reelection

3 weeks ago

X Plans To Challenge EU DSA Breach Findings

Social media platform X says it disagrees with EU DSA findings as chief Elon Musk says he will pursue 'public…

3 weeks ago

Elon Musk’s X Breached DSA Rules, EU Finds

X's Blue checks 'used to mean trustworthy sources of information. Now our preliminary view is that they deceive users', says…

3 weeks ago

EU Accepts Apple’s Legal Commitments To Open NFC Access

Legal commitment over Apple's NFC-based mobile payments system, which is to be opened to rival payment operators

3 weeks ago

Alphabet Walks Away From HubSpot Deal

Not interested. Alphabet reportedly opts not to make an offer for HubSpot to bolster CRM and cloud position

3 weeks ago

Musk Defeats $500m Mass Twitter Layoff Lawsuit

Elon Musk gains dismissal of lawsuit claiming he refused to pay $500m severance to thousands of fired Twitter staff

3 weeks ago

Amazon To Discontinue Astro Security Robot

End of the line for Amazon's Astro security guard robot for businesses, which will be bricked in September this year

4 weeks ago

Threads Hits 175 Million Users, One Year After Launch

Threads, Meta's answer to Elon Musk's X (formerly Twitter), racks up impressive number of monthly active users

4 weeks ago

Russia’s Central Bank Tells Businesses To Use Crypto To Avoid Sanctions

Sanctions busting. Russian businesses told to use cryptocurrencies and other digital options to make payments with foreign customers

4 weeks ago

Jeff Bezos To Sell $5 Billion Worth Of Amazon Shares

Needs to buy more yachts? After Amazon stock hits record high, founder Jeff Bezos to offload huge tranche of shares

1 month ago

EU Proposes Import Duties On China’s Temu, Shein, AliExpress – Report

European Union is reportedly drawing up plans to impose custom duties on a number of Chinese online retailers

1 month ago

Salesforce Shareholders Reject CEO Marc Benioff’s Compensation Plan

Compensation packages for Salesforce's top executives are rejected by shareholders and investors, despite backing from the board

1 month ago

Google Adds AI Disclosure Requirements For Political Ads

Google adds disclosure requirements for AI-generated or digitally altered content in political ads as elections loom

1 month ago

US Supreme Court Sidesteps Decision On Social Media Laws

US Supreme Court throws out lower court decisions on Florida, Texas laws imposing social media regulation, demands more research

1 month ago

Meme Stock GameStop Sinks On Lawsuit News

Meme stock GameStop, known for a stellar rally in 2021 spurred by social media, shows volatility on news of probes…

1 month ago
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