Meta’s Profits More Than Double, While Spending on A.I. Rises

Meta on Wednesday reported a 27 percent increase in revenue and profit that more than doubled in the first quarter, as the company said it planned to spend billions of dollars more than expected on infrastructure to support its artificial intelligence efforts. Revenue for the company, which owns Facebook, Instagram, WhatsApp and Messenger, was $36.5 … Read more

On TikTok, Potential Ban of App Leads to Resignation and Frustration

While Congress says the social app is a security threat, critics of the law targeting it say it shows how out of step lawmakers are with young people. 👇Follow more 👇 👉 bdphone.com 👉 ultraactivation.com 👉 trainingreferral.com 👉 shaplafood.com 👉 bangladeshi.help 👉 www.forexdhaka.com 👉 uncommunication.com 👉 ultra-sim.com 👉 forexdhaka.com 👉 ultrafxfund.com

Binance Founder Should Get Three Years in Prison, Prosecutors Say

Changpeng Zhao, the founder of the giant cryptocurrency exchange Binance, should go to prison for three years after breaking the law “on an unprecedented scale” and pleading guilty to a money laundering violation, federal prosecutors wrote in a court filing on Wednesday. Defense lawyers countered in their own memo that Mr. Zhao, 47, should receive … Read more

The Meta-morphosis of Mark Zuckerberg

In the run-up to Meta’s first-quarter earnings report this week, a video image of Mark Zuckerberg suddenly started going viral. Not because of the artificial intelligence assistant he was touting or because of the expected ad revenue growth, but because of the silver chain he was wearing around his neck. “Mark Zuckerberg made an announcement … Read more

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