Tech news

Tech news

US TV provider given first-ever space debris fine

US authorities have issued a "breakthrough" first-ever fine over space debris, officials said Monday, slapping a $150,000 penalty on a TV company that failed to properly dispose of a satellite

UN warns against 'excessive' tech use in classrooms

Heavy reliance on technology in education may be unproductive, or even detrimental, if it interferes with the acquisition of basic skills such as reading, the UN warned on Wednesday

Twitter website replaces bird logo with X

Twitter launched its new logo on Monday, replacing the blue bird with a white X on a black background as the company moves toward rebranding as X

Musk, top exec say Twitter to be renamed X, get big makeover

Twitter owner Elon Musk and the chief executive he brought aboard just a month ago say the social media network will ditch the bird logo, rebrand the platform with the name X and move quickly into payments, banking and commerce

Twitter challenger Threads struggles for traction

After a wildly successful first few days, Threads popularity has waned in the weeks since Meta launched its challenge to Twitter, which lives on despite its problems

Netflix adds 6 million subscribers after password crackdown

Netflix on Wednesday said subscriptions to the media streaming service climbed by nearly 6 million in the wake of its crackdown on password sharing

Musk says Twitter has lost half its advertising revenue

Twitter owner Elon Musk said Saturday that the social media platform he bought for $44 billion last October has lost roughly half of its advertising revenue

Twitter rival Threads signs up 100 million users in five days

The Threads app launched by Instagram as a rival to Twitter has signed up more than 100 million users in less than five days, data tracking websites said on Monday, smashing the record of AI tool ChatGPT for fastest-growing consumer app

Payments firm PayPal to lay off 2,000 employees

PayPal Holdings Inc (PYPL.O) has said it is planning to cut 7 percent of its workforce, or about 2,000 employees, the latest in a list of fintech firms to be hit by the economic slowdown.

Misuse of AI: Deepfakes flood web forum

A British AI firm said it was rethinking its "safeguards" after its audio tool was used to clone celebrity voices and have them say racist and homophobic slurs.

Samsung profit plummets to 8-year-low

Samsung Electronics Co Ltd (005930.KS) today reported its lowest quarterly profit since 2014 and said persistent macroeconomic uncertainty will make for a tough first half year, though demand is likely to start recovering in the second half.

Elon Musk, White House discuss electric vehicles

Tesla head Elon Musk met with senior White House officials Friday to discuss the Biden administration's push to grow the electric vehicle market, Press Secretary Karine Jean-Pierre said.."That meeting did happen today," she told reporters..Musk, who has had sometimes openly prickly

Trump's Facebook and Instagram accounts to be restored

Facebook parent company, Meta, has announced that it will restore former US President Donald Trump's accounts on its platforms "in the coming weeks" after a two-year ban.

Twitter sued over 'unpaid rent' on London office

Twitter's British landlord said Tuesday it is taking the social media to court for not paying rent on its central London offices.

Spotify to trim 6% of workforce in latest tech layoffs

Spotify Technology SA (SPOT.N) said on Monday it plans to cut 6 percent of its workforce and would take a related charge of up to nearly $50 million, adding to the massive layoffs in the technology sector in preparation for a possible recession..The tech industry is facing a demand downtur

Higher priced Twitter subscription won't carry ads: Musk

Twitter owner Elon Musk tweeted on Saturday that a higher priced subscription of the social media platform will not carry advertisements.

'Just because I tweet something, doesn't mean people believe it'

Elon Musk, Tesla Inc's (TSLA.O) chief executive, testified on Friday that investors do not always react to his Twitter messages as he expects, defending himself in a fraud trial over his 2018 tweet that he had funding to take the electric carmaker private.

Google announces 12,000 job cuts

Google's parent company Alphabet announced about 12,000 job cuts globally on Friday citing a changing "economic reality", becoming the latest US tech giant to enact large-scale restructuring.

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