LONDON — Within hours of a stabbing attack in northwest England that killed three young girls and wounded several more children, a false name of a supposed suspect was circulating on social media. Hours after that, violent protesters were clashing with police outside a nearby mosque. Police say the name was fake, as were rumors … Read more
A visitor wears a virtual reality headset Meta Quest as he takes part in an immersive experience stand during the Viva Technology show at Parc des Expositions Porte de Versailles on May 24, 2024 in Paris, France. Chesnot | Getty Images Meta’s ambitious plans to develop the metaverse is still costing the company billions of … Read more
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during an interview on “The Circuit with Emily Chang” at Meta headquarters in Menlo Park, California, US, on Thursday, July 18, 2024. Jason Henry | Bloomberg | Getty Images For investors who are skeptical of Meta’s massive spending on artificial intelligence and whether it will pay … Read more
Meta shares jumped about 7% in extended trading on Wednesday after the company beat Wall Street estimates for revenue and profit and issued a better-than-expected forecast for the current period. Here are the results, compared to LSEG estimates: Earnings: $5.16 a share vs. $4.73 per share expected Revenue: $39.07 billion vs. $38.31 billion expected Meta provided revenue … Read more
For the past two weeks, Republican vice presidential nominee JD Vance has been mocked as someone who has sex with couches — a strange situation even in the no-holds-barred world of presidential politics. Now the person who created the bizarre meme is coming clean to Business Insider about how he came up with the weird … Read more
The evidence supporting the South Australian government’s move to ban social media accounts for young teenagers will be detailed at a joint summit in Sydney and Adelaide in October. Responding to mounting concern about the adverse impact of social media on children, SA Premier Peter Malinauskas in May appointed a former High Court chief justice … Read more
Bill Ready, CEO of Pinterest, rings the opening bell at New York Stock Exchange (NYSE) in New York City, U.S., May 15, 2024. Brendan McDermid | Reuters Pinterest shares sank about 15% when the company reported its second-quarter earnings on Tuesday and provided third-quarter guidance that was lower than analyst estimates. Here’s how the company … Read more
Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024. Evelyn Hockstein | Reuters Meta agreed to pay $1.4 billion to settle a lawsuit by the state of Texas over the Facebook owner’s unauthorized use of biometric data by users, … Read more
Several of the most prominent alt-weekly newspapers in the United States are running search-engine-optimized listicles about porn performers, which appear to be AI-generated, alongside their editorial content. If you pull up the homepage for the Village Voice on your phone, for example, you’ll see reporting from freelancers—longtime columnist Michael Musto still files occasionally—as well as … Read more
Dexcom shares sank more than 40% on Friday and headed for their worst day ever after the diabetes management company reported disappointing revenue for the second quarter and offered weak guidance. The stock fell $45.38 to $62.47 as of early afternoon, wiping out about $18 billion in market cap. Prior to Friday, the biggest drop … Read more
