Meta Cuts Prices of Ad-Free Facebook and Instagram in EU by 40%
Meta also announced a free alternative for EU users who agree to view ads
OpenAI co-founder Greg Brockman returns after 3 months of leave
Brockman’s return follows OpenAI’s recent $157 billion valuation from its latest funding round, which closed over a month ago
Amazon offers $110 Million in free AI chip credits to challenge Nvidia
The program offers 40,000 Trainium chips for AI development, competing with Nvidia and AMD
Netflix’s ad-supported tier hits 70 million users
Netflix’s lowest-priced ad-free plan costs $15.49 per month
FTX sues Binance and former chief Zhao for $1.8bn
The repurchase deal was reportedly funded through FTX’s native FTT token, BNB, and Binance’s stablecoin, BUSD
India to summon Amazon, Flipkart executives as regulatory scrutiny grows
Indian laws restrict foreign e-commerce players to a marketplace model, prohibiting them from holding inventory
Nvidia reaches record $3.65 Trillion market value
Shares of Nvidia rallied to a record high Thursday, making the chipmaker the first company in history to surpass a stock market...
Amazon’s AWS to invest €1.2 billion in Italian data centers
Amazon Web Services (AWS), the cloud computing arm of Amazon, announced plans to invest €1.2 billion ($1.3 billion) in Italy over the...
Qualcomm advances on smartphone market revival, Chinese handset launches
Qualcomm shares rose 4% on Thursday after the chip designer's strong quarterly revenue forecast fanned investor optimism about a China-led recovery in...
Nintendo confirms Switch games playable on upcoming console
Nintendo President Shuntaro Furukawa announced on Wednesday that software for the current Switch console will be playable on the upcoming successor device,...
Meta extends U.S. election ad ban, targeting misinformation control
Initially set to end on Election Day, the policy now aims to curb misinformation in the election's final days
Meta builds AI search engine to cut Google, Bing reliance, the Information reports
Meta Platforms is working on an artificial intelligence-based search engine as it looks to reduce dependence on Alphabet's Google and Microsoft's Bing, the Information reported...
Pakistani IT firms showcase AI and Big Data solutions at European expo
REACH THE GLOBE, ICILtek, NorthBay Solutions, and Sofizar/ConstellationCK participate in the “AI and Big Data Exhibition Europe” in Amsterdam
Mari Petroleum launches data centres initiative in Karachi
MPCL plans to establish data centres across Pakistan to host data for public and private institutions
IT exports surge 27% YoY to $298 million in August 2024
Higher global client base and SBP policy changes drive export growth