A Meta Platforms official on Wednesday criticised Malaysia's plan to require social media platforms to apply for a regulatory licence by January, saying the proposal lacked clear guidelines and gave social companies little time to comply, risking digital innovation and growth in the country.
Japan's SoftBank Group returned to profit for the first time in five quarters on Thursday, as the Japanese tech investment firm was buoyed by an upturn in portfolio companies, sparking hope it was emerging from a period of retrenchment.
Snap Inc shares sank nearly 30% in premarket trading on Friday, after the company's forecast of zero revenue growth pointed to more pain ahead for a social media sector heavily dependant on digital advertising.
Reddit forecast second-quarter revenue above Wall Street estimates on Thursday, betting on growing digital advertising spend on the social media platform despite uncertainty over marketing budgets.
Chinese gaming and social media group Tencent Holdings Ltd (0700.HK) on Wednesday reported a market-beating 26% jump in quarterly sales, helped in part by a surge in revenue from its online gaming business.
U.S. Senate Democratic Leader Chuck Schumer unveiled revised bipartisan legislation late Tuesday to approve $52 billion to significantly boost U.S. semiconductor chip production and research over five years.
Australia's centre-left government on Thursday introduced a bill in parliament that aims to ban social media for children under 16 and proposed fines of up to A$49.5 million for social media platforms for systemic breaches.
A video montage of two clips showing massive pro-Palestinian demonstrations in Japan is likely generated using artificial intelligence, according to two AI experts.
China's super-rich saw their wealth tumble by the most in over two decades this year, as the Russia-Ukraine war, Beijing's zero-COVID measures and falling stock markets pummelled fortunes.
Section 1. Extension. (a) The enforcement delay specified in section 2(a) of Executive Order 14166 of January 20, 2025 (Application of Protecting Americans from Foreign Adversary Controlled ...
The new Pew report also found that two-thirds of teens said they had used an A.I. chatbot. By Catherine Pearson Most American teenagers use YouTube and TikTok daily, according to a report released ...
Social media apps have long been accused of being harmful to children. Now those claims will come before a jury for the first time in a trial kicking off Tuesday in a Los Angeles courtroom. A key ...
Apple is in talks with Tencent and TikTok owner ByteDance about integrating their artificial intelligence models into iPhones sold in China, according to three sources familiar with the matter.
Meta Platforms is expected to report a 20% rise in quarterly revenue, helped by strong ad sales driven by the Olympics and elections in several countries, but investors will want to see if its spending on AI is starting to yield returns.
India's financial crime agency on Tuesday arrested four industry executives including one Chinese national working for smartphone maker Vivo in India in a case of alleged money laundering, according to legal papers and lawyers working on the case.
The U.S. Senate Judiciary Committee on Thursday approved a bill that would bar tech giants like Amazon.com from giving preference to their own businesses on their websites, despite hefty lobbying from top executives like Apple Chief Executive Tim Cook.
India said a probe found the smartphone maker made illegal remittances to foreign entities by passing them off as royalty payments.
The case raises questions about the Trump administration's adherence to limits set by the Supreme Court. It carries the risk of a significant clash between the two coequal branches of government and potentially a full-blown constitutional crisis.
The California attorney general and the attorneys general of 17 other states on Thursday asked a federal regulator to recall Hyundai and Kia vehicles, saying they are more likely to be stolen because they lack safety features that are standard in other cars.
Equity fundraisings in Asia are expected to slow down in the near term after two straight record quarters as 'hot money' flows that had propped up new issuances ease amid rising volatility in markets, bankers said.
A federal judge on Monday blocked California from enforcing a law meant to protect children when they use the internet, saying the law's commercial speech restrictions likely violate the U.S. Constitution's First Amendment.
Google has asked a California federal court to dismiss a proposed class action lawsuit that claims the company's scraping of data to train generative artificial-intelligence systems violates millions of people's privacy and property rights.
India on Wednesday banned another 118 mobile apps including Tencent Holdings' popular videogame PUBG, as it stepped up the pressure on Chinese technology companies following a standoff with Beijing at the border.