Meta Platforms Inc., the parent company of WhatsApp, has been imposed with a substantial fine of $220 million by Nigeria’s Federal Competition & Consumer Protection Commission (FCCPC). This significant penalty arises from breaches related to data and privacy regulations, following a comprehensive investigation into WhatsApp’s privacy policy updates. The FCCPC’s inquiry uncovered that Meta’s implementation […]
Nvidia NVDA -1.82% saw a slight decline in early Friday trading. The chip manufacturing giant, despite expanding its investment footprint, is facing headwinds from geopolitical uncertainties. Shares of Nvidia were down 0.8%, trading at $120.14 during morning hours. Market Volatility and Geopolitical Risks The stock experienced a volatile day on Thursday, closing up 2.6% after […]
In a dynamic shift within the electric vehicle (EV) market, Tesla Cybertruck has emerged as the top-selling electric pickup, surpassing competitors like Ford’s F-150 Lightning and Rivian’s R1T. Despite this milestone, Tesla faces significant hurdles as it strives to expand its foothold in the burgeoning EV truck segment. Cybertruck Dominance According to data from Cox […]
UK watchdog probes microsoft The UK’s Competition and Markets Authority (CMA) has launched an investigation into Microsoft’s recruitment of senior personnel from start-up Inflection AI. This move follows earlier concerns regarding close alliances within the tech and AI sectors, raising questions about competitive fairness and industry dynamics. The CMA is scrutinizing whether these hiring practices […]
Samsung Latest Innovation, the Galaxy Ring, caters to individuals who prioritize discretion and elegance in their health monitoring solutions. This sleek and sophisticated device integrates seamlessly into everyday life, offering a comprehensive suite of health tracking features. With its unobtrusive design and advanced functionality, the Galaxy Ring aims to redefine how we approach personal health […]
Intel’s stock showed signs of a breather in its recent upward momentum, dipping 0.4% to $33.87 during Tuesday morning trading, marking a pause after a four-day winning streak. Just a day earlier, the company experienced a robust surge of 6.2%. This growth occurred amidst a broader rally in the chip sector, which notably expanded beyond […]