Wall Street struggled to gain traction as traders gearing up for key economic data and awaited Facebook parent Meta’s result,which sent the stock tanking in after-hours trading.
The social media giant increased its spending estimates for the year,once again raising questions about whether its futuristic technological bets will eventually pay off.
If I have paid a high price for a ticket to an evening show,screaming children are not part of the deal. It’s not fair to the other members of the audience or the performers.
Rinehart has conceded a legal overhaul may be the only way to prevent people from being swindled as she lashed social media giant Facebook for its inaction on scam ads and implied the company should foot the bill.
As Elon Musk provoked worldwide attention for his fight against the Australian take-down order,the Coalition revealed it was in favour of barring young children from digital platforms.
At its heart,this case is about Australian sovereignty over a company that has a deep aversion to government authority.
Unregulated big tech poses significant threats to the health of our democracy and social cohesion. So how can its power be reined in without killing free speech?
The key question for investors is whether this is just a correction in what has been quite an ebullient market – or something more threatening.
It feels like social media is deteriorating at rapid speed. But the horrific content we’ve seen this week is a symptom of a broader problem.
Political pressure on tech giants has grown throughout the week and leaders are fuming as misinformation and violent content continues to spread like “wildfire”.
In moments of stress or boredom,I find myself watching weird videos on social media. That’s not why I installed the app.