Apple, Google, Meta and Microsoft: The £30bn legal headache for Big Tech January 16, 2025 Headlines have been popping about class actions in the UK with the main target on the other side, Big Tech firms. But why them?
Tech giants must obey UK’s online safety laws, says minister January 12, 2025 British law has not changed and tech giants must still obey it, the Science Secretary has said in response to Meta’s decision to do away with content moderation teams. Meta CEO Mark Zuckerberg announced on Tuesday that his social media platforms would replace their longstanding fact-checking programme with a “community notes” system similar to Elon [...]
Tiktok looks to overturn US ban amid concerns over Chinese influence January 10, 2025 TikTok representatives are set to appear before the US Supreme Court on Friday, in a final effort to overturn a ban which could force the app out of the States by 19 January, unless it demerges from its Chinese parent company. The case pits national security concerns against First Amendment rights, reported BBC News, where [...]
Meta oversight co-chair: ‘Huge problems’ with Zuckerberg changes January 8, 2025 The co-chair of Meta’s oversight board has said there are “huge problems” with some of the changes Mark Zuckerberg has announced to the social media platforms’ content moderation, adding that members of the board are “not on board” with many of the reforms. Helle Thorning-Schmidt, who, as well as her role with Meta’s independent oversight [...]
Zuck rediscovers love of free speech – just in time for Trump 2.0 January 8, 2025 Will Mark Zuckerberg’s drastic policy changes tempt me back to Facebook? Nope. I quit the platform in 2010, after a friend request from an uncle made me realise it was no longer just a safe space for sharing morning-after-the-night-before photos and gags with university pals. Having left the party 15 years ago, it’s been interesting [...]
Zuckerberg’s Meta drops fact checking filters in return to ‘free speech’ January 7, 2025 Meta, the parent company of Facebook and Instagram, announced that it will end its third-party fact-checking program, replacing it with a community-driven approach akin to X’s ‘community notes’. The decision comes as chief executive Mark Zuckerberg seeks to repair ties with newly elected President Donald Trump, with the company also recently pledging $1m to Trump’s [...]
2025 Predictions for Apple, Microsoft, Tesla, and other tech leaders January 6, 2025 The Magnificent Seven group of leading tech companies: Apple, Nvidia, Microsoft, Amazon, Alphabet, Meta and Tesla, gained a combined 63 per cent in 2024, building on 2023’s strong performance. Deutsche Bank revealed the group generated more profit in 2024 than most national stock markets. However, JP Morgan has projected their contribution to S&P 500 earnings [...]
Nick Clegg replaced at Meta by Republican pick before Trump re-enters White House January 3, 2025 Former UK deputy prime minister Sir Nick Clegg has quit as Meta’s president of global affairs, being replaced by a key Republican voice, Joel Kaplan. The former leader of the Liberal Democrats announced he was leaving on LinkedIn and Facebook, saying that his tenure at the tech giant has been an “adventure of a lifetime”. [...]
Microsoft and Meta stocks slip as investors demand more October 31, 2024 Microsoft and Meta stocks have tumbled in after-hours trading despite both tech giants posting better-than-expected results yesterday. Microsoft reported a 16 per cent revenue increase to $65.6bn (£50.5bn) against a forecasted $64.5bn (£49.7bn), fuelled by its cloud services which grew by 33 per cent. Earnings per share (EPS) came in at $3.30 (£2.54), easily beating [...]
Lloyds boss Charlie Nunn says Meta is not doing enough to tackle scams October 13, 2024 The chief executive of Lloyds Banking Group has joined calls for technology firms like Meta to do more to clamp down on a surge in scams originating from social media.