Hundreds of merchants are protesting against the fines imposed by Temu, an online shopping platform that has recently come under scrutiny. These penalties, introduced in April, can reach up to five times the value of a sale, creating a significant financial burden for small businesses. The protests have drawn attention to the adverse effects these […]
Blake Lively is set to enter the beauty industry with the launch of her new hair care line, Blake Brown, debuting on August 4th. The collection will exclusively feature a range of products at Target, including two sets of shampoo and conditioner, along with a variety of hair masks. This move aligns Lively with other […]
In a recent crackdown on digital platforms, Russia has levied substantial fines against global giants Google and TikTok for failing to comply with local content regulations. These penalties serve as a stark reminder of the increasing pressure on international tech companies to adhere to national laws concerning online content censorship. The fines come as part […]
Amazon has recently come under scrutiny from US regulatory agencies for its accountability regarding hazardous products sold on its platform. The Consumer Product Safety Commission (CPSC) has asserted that Amazon must take action to ensure the safety of its inventory. This unprecedented move emphasizes the growing responsibility of e-commerce giants not only for their own […]
In a significant pivot aimed at navigating a slowdown in cloud growth, Microsoft has upped its artificial intelligence (AI) investments. The company reported a remarkable 77.6% increase in capital expenditures for the fourth quarter, soaring to $19 billion. This jump pushed its total capital spending for fiscal 2024 to a staggering $55.7 billion, emphasizing a […]
Intel is making headlines with its recent decision to cut jobs as part of a strategic maneuver to restore its status as a leader in the semiconductor sector. The company faces fierce competition from industry giants, which has prompted these cost-cutting measures deemed essential for recovery. As part of this initiative, Intel is poised to […]
AMD has declared a significant increase in its sales forecast for AI chips, a move that has resonated well within the market. Following this announcement, AMD’s shares surged by 7.5% in after-hours trading. This notable price movement showcases investor confidence in AMD’s strategy to bolster its position in the competitive AI chip landscape, currently dominated […]
In recent developments within Argentina, a formal complaint has emerged challenging Meta’s data usage practices for training artificial intelligence systems. The case raises concerns over the balance between technological advancement and the protection of individuals’ data rights. As more companies harness big data for AI, the legal implications of these practices are increasingly scrutinized. A […]
Pro-Ukrainian hacker group Cyber Anarchy Squad recently announced a significant breach of the Russian cybersecurity firm Avanpost. According to reports, the hackers successfully infiltrated the firm’s systems, encrypting sensitive data and damaging critical infrastructure. This operation exemplifies the ongoing cyber conflict involving Ukraine and Russia, where digital warfare has become a central front. Avanpost has […]
Civil society and industry leaders have voiced significant concerns regarding the UN’s draft Cybercrime Convention, emphasizing the need for enhanced transparency and robust protections for human rights. Notably, stakeholders such as the UN High Commissioner for Human Rights and the Electronic Frontier Foundation have highlighted that the draft treaty could have serious implications for privacy […]
