Meta Fined $15.67 million for misusing sensitive data of 980,000 Koreans
PIPC found that Meta gathered personal details from July 2018 to March 2022 and shared with around 4,000 advertisers
Musk’s $1M prize for swing state voters allowed by court
According to court exhibits, recipients are set to receive their $1 million awards by November 30, following the terms outlined in non-disclosure agreements
OpenAI in regulator talks to become for-profit company
Openai is in early talks with the California attorney general’s office over the process to change its corporate structure
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
Inflation in South Korea drops to 1.3% in October, lowest in 4 years
South Korea’s inflation slowed further in October, marking the lowest level in nearly four years, according to Statistics Korea.
The consumer price index...
Apple’s iPadOS also faces EU scrutiny over antitrust compliance
The European Commission has launched an assessment to determine if Apple’s iPad operating system, iPadOS, complies with the Digital Markets Act (DMA),...
Facebook, Nvidia ask US Supreme Court to spare them from securities fraud suits
The U.S. Supreme Court is set to consider bids by two tech giants Meta's Facebook and Nvidia to fend off federal securities fraud lawsuits in...
Oil jumps over $1 following OPEC+ decision to delay output boost
Oil prices rallied on Monday after OPEC+ decided to postpone its planned production increase by a month, with Brent crude rising by...
Walt Disney forms business unit to coordinate use of AI, augmented reality
Walt Disney is forming a new group to coordinate the company's use of emerging technologies such as artificial intelligence and mixed reality, as...
Bitcoin’s “Faketoshi” faces contempt of court case over $1.2 bln UK lawsuit
Craig Wright, an Australian computer scientist who claims to be Bitcoin’s creator, Satoshi Nakamoto, is facing fresh legal trouble in the UK...
Nvidia replaces Intel on Dow Jones after 25 years
In a historic shift, Nvidia will replace Intel on the Dow Jones Industrial Average on November 8, ending Intel's 25-year run on...
Apple invests $1.5 billion in Globalstar for enhanced iPhone connectivity
Apple Inc. announced a significant investment of up to $1.5 billion in Globalstar, a satellite communications provider, aiming to expand its iPhone...
Chinese researchers develop AI model for military use on back of Meta’s Llama
Top Chinese research institutions linked to the People’s Liberation Army have used Meta’s publicly available Llama model to develop an AI tool...
Nvidia’s $700 million Run:ai acquisition faces EU antitrust scrutiny
Nvidia, the U.S. semiconductor giant, is seeking European regulatory approval for its proposed $700 million acquisition of Israeli AI startup Run:ai, following...
Google joins Apple in Indonesia’s smartphone sales ban
Indonesia has banned sales of Google’s Pixel phones, citing non-compliance with regulations that require at least 40% of components in smartphones sold...