Nvidia loses $279bn in a day! DOJ antitrust probe sends shockwaves through the market
Nvidia, the leading AI chipmaker, is facing a steep decline in its market capitalization, now valued at approximately $2.02 trillion. This comes as the United ... Read More
Meta Platforms announces impressive 2023 financial performance, emphasizes AI and metaverse growth
Meta Platforms, Inc. (Nasdaq: META) has released its financial results for the fourth quarter and full year ended December 31, 2023, showcasing significant growth across ... 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
Shutterstock to acquire GIPHY from Meta to expand content offerings and AI capabilities
Shutterstock, a provider of stock photos, has entered into a definitive agreement to acquire GIPHY, Inc. from Meta Platforms in a deal worth $53 million. ... Read More
Airtel partners with Meta to scale India’s digital infrastructure
Bharti Airtel, an Indian telecom major, and Meta Platforms will jointly invest in global connectivity infrastructure and communications platform as a service (CPaaS)- based new-age ... Read More