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