In a letter to telecom secretary Neeraj Mittal, Cellular Operators Association of India (COAI) said it is imperative that the Indian government takes critical note of the issue facing the telecom sector at this juncture and help create "an apt precedent for the world".
Shares of the Facebook and Instagram parent dropped about 15% in extended trade following the report, its market capitalization plunging to about $1 trillion. Alphabet shares fell 3% in extended trade and Microsoft declined 2%, with concerns that Wall Street may have underestimated the cost of the AI race hitting those Big Tech companies ahead of their reports on Thursday.
Four scam victims in Japan sued Facebook on Thursday after being hoodwinked by fraudulent online investment ads that used images of celebrities without their consent, their lawyer said. The plaintiffs say they fell victim to adverts posted on Facebook offering high investment returns and which used images of wealthy celebrities like Japanese billionaire Yusaku Maezawa.
The authorities also outlawed Meta as an extremist organisation and blocked Facebook and Instagram in Russia. Both platforms - as well as X, formerly known as Twitter, which has also been blocked - were popular with Russians before the invasion and the subsequent crackdown on independent media and other forms of critical speech. However, they are now only accessible via VPN.
Netflix shares fell despite strong financial performance, halting quarterly subscriber data reporting. Executives shift focus to sales and profit, following Apple and Meta's lead. Analysts express concerns over the impact of limited data disclosure on forecasting.
"People that visit a government's page need to be able to trust that their personal and sensitive data is in safe hands," AP chairman Aleid Wolfsen said in a statement.
Canada has become ground zero for Facebook's battle with governments that have enacted or are considering laws that force internet giants - primarily the social media platform's owner Meta and Alphabet's Google - to pay media companies for links to news published on their platforms.
As part of this engagement, TV 2 will use Magnifi to simplify the creation of highlights from multiple leagues. Through the use of football-specific meta-tags, such as “goal,” “save,” or “penalty kick,” TV 2 can auto-generate relevant clips in under a minute. TV 2 has already started using this AI-powered technology to capture key moments from The Toppserien and Norwegian First Division since the end of March.
Google on Friday said it is testing removing links to California news sites for some users in the western US state as legislators mull making the online search giant pay for connecting people to news. The Silicon Valley tech firm is preparing for the possible passage of the California Journalism Preservation Act (CJPA) that would create a "link tax" for connecting users in the state to news articles, Google Global News Partnerships vice president Jaffer Zaidi said in a blog post.
Malaysia has ordered tech giants Meta and TikTok to present plans to combat harmful content online, authorities said Tuesday, after the Muslim-majority country reported an uptick in offensive material on social media platforms. The government has previously chided both social media firms for not quickly taking down what it deemed to be harmful content.
Meta plans to release two smaller versions of Llama 3 before the full launch this summer, sparking anticipation. These models will precede Llama 3's arrival roughly a year after Llama 2's launch in July. Various companies have introduced open-source LLMs. Smaller models require less computational power and memory to train and run, making them faster to develop, deploy, and use on devices with limited resources. Furthermore, the training and maintaining smaller models is generally cheaper due to the reduced computational needs.
Get updates on your preferred social platform
Follow us for the latest news, insider access to events and more.
