Technology

“Facebook is threatening it will simply pull out of Europe altogether if it is no longer able to share data about European users with its U.S. operations, applications, and data centres,” reports ITWire. It’s customary for regulatory filings to preemptively declare a wide variety of possible future hazards, and in Read more…

If Meta is not given the option to transfer, store and process data from its European users on US-based servers, Facebook and Instagram may be shut down across Europe, the social media giants’ owner reportedly warned in its annual report. The key issue for Meta is transatlantic data transfers, regulated Read more…

“Proponents of AI audiobook narration tout its much lower production costs (compared to a traditional recording of a human narrator) as a way to improve profitability of audiobooks,” reports Publisher’s Weekly, “as well as allowing publishers to publish more audiobooks that have limited audiences. “But according to actor and narrator Read more…

Apple’s privacy push could cost Meta $10 billion in lost 2022 advertising revenue — and that news alone erased $250 billion in Meta’s value. But this leads them to a thought experiment: What would happen to Meta’s and Google’s business models if the privacy invasion behind the companies’ lucrative advertising Read more…

Meta’s stock plunged 26% Thursday — its biggest one-day drop ever, lowering its marketing valuation by more than $230 billion. And then on Friday it dropped just a little bit more. User growth has hit a ceiling. The salad days of Facebook’s wild user growth are over. Even though the Read more…

“People are still paying between $5,000 and $50,000 to attend the annual flagship TED conference. In 2021,” notes The Drift magazine, noting last year’s event was held in Monterey, California. “Amid wildfires and the Delta surge, its theme was ‘the case for optimism.’” The magazine makes the case that over Read more…