In a landmark development, American tech giant Meta has agreed to pay $1.4 billion to settle a lawsuit filed by the state of Texas. The lawsuit, initiated under Texas’s 2009 biometric privacy law, accused Meta of illegally collecting biometric data from millions of Texans through its facial-recognition technology. The settlement, which is to be paid […]
Alphabet Inc. (NASDAQ: GOOG, GOOGL) has reported a strong financial performance for the first quarter ended March 31, 2024, showcasing significant growth across its main revenue streams—Search, YouTube, and Cloud. The Mountain View, California-based company announced a 15% increase in revenues, rising from $69.8 billion in the first quarter of 2023 to $80.5 billion in […]
