Reddit stock skyrockets on surprising profit and revenue growth: A major comeback for the social media platform
Reddit's stock (RDDT) saw a significant surge of 25% after the company announced its third-quarter results for 2024, revealing not only profitability for the first ... Read More
Snap defies odds: Q3 profit stuns Wall Street as shares skyrocket
Shares of Snap Inc., the parent company of Snapchat, surged following better-than-anticipated third-quarter results. Analysts expected a quarterly loss of $0.26 per share, yet Snap ... Read More
Inside Infosys and Meta’s AI alliance: The new center that could reshape enterprise innovation
Infosys, a global leader in digital consulting, has launched a new Center of Excellence (COE) in collaboration with Meta to advance enterprise AI solutions. This ... Read More
Meta launches Meta Movie Gen: A transformative innovation in Generative AI for media production
Whether one is an aspiring filmmaker aiming for Hollywood or a content creator seeking to enhance video production quality, Meta's latest artificial intelligence (AI) innovation ... Read More
Texas slams Meta with record-breaking $1.4bn fine over facial recognition scandal
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 ... Read More
Meta Platforms announces 16% increase in Q2 2023 net income to $7.8bn
Meta Platforms Inc., the tech giant behind the Facebook ecosystem, reported a 16% year-over-year (YoY) increase in net income, reaching $7.78 billion for the quarter ... Read More
HCLTech collaborates with Meta and MeitY to propel XR tech ecosystem in India
HCL Technologies (HCLTech), a key player in the global technology landscape, has allied with Meta and the MeitY Startup Hub to propel the XR Startup ... Read More
Threads: The social media sensation that’s making Twitter nervous!
Meta’s Instagram has launched Threads, an innovative app designed for text-based sharing, broadening the scope of communication beyond photo and video sharing. The app, which ... Read More
Inflection AI raises $1.3bn to make personal AIs available globally
Artificial intelligence (AI) studio Inflection AI announced a hefty $1.3 billion in funding raised in a recent round led by prominent investors including Microsoft, Reid ... Read More
Arche Solar project : BP begins construction on 134MWdc plant in Ohio
BP has begun the construction of its 134MWdc Arche Solar project in Fulton County, Ohio to address greenhouse-gas emissions and support green energy growth in ... Read More