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Facebook user privacy settlement payouts
Facebook will soon begin issuing payments to millions of users as part of a $725 million settlement over claims that the social media platform misused user data. The settlement stems from several lawsuits brought on behalf of Facebook users that alleged the company made user data accessible to third-parties without their permission. People in the
UAE adopts digital remittances
The UAE’s expatriate population is rapidly embracing digital channels to send money home, underscoring a structural shift in one of the world’s largest remittance hubs. A new study from Visa shows that nearly two in three residents now prefer mobile apps and digital platforms over physical exchange houses for cross-border transfers, citing convenience, privacy, and
Real Simple Licensing for regulating AI chatbots
Chatbots consume and regurgitate information from across the web, but they lack a standardized business model to compensate sources. That means those sources could one day dry up, leaving less information for the always-hungry AI, weakening its output. Enter the Real Simple Licensing (RSL) Standard, a new tech-based licensing solution for the “AI-first internet,” as
iPhone Air upgrade
The company on Tuesday announced the iPhone Air, the first major design overhaul to its flagship product in nearly a decade. An Apple executive described it as being “so thin and light, it seems to disappear in your hands” during the company’s keynote presentation. For the better part of the last decade, sharper cameras, bigger
Putins NATO air defence in eastern flank
If Vladimir Putin’s intention was to use an early-morning drone foray into Poland to test Nato’s air defences, the Russian president would be most pleased with the result. The incursion into Polish airspace prompted Nato fighter jets to take to the skies and shoot down some of the projectiles — the first time the US-led
Europe innovation comeback
Europe’s big comeback plan to close the innovation gap with the US and China is struggling to take off. One year ago, former Italian prime minister and former European Central Bank chief Mario Draghi warned that the EU faced an “existential challenge” if it didn’t invest in advanced technologies like artificial intelligence.The new Deutsche Bank
The antitrust ruling’s impact on Alphabet
For months, a dark cloud hung over shares of Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) after a federal judge declared its Google search engine business an illegal monopoly. Investors were left waiting for the penalties associated with the court ruling.After Alphabet lost the antitrust lawsuit against its Google search engine last year, investors were concerned the
Oracle to start laying offs employees in India
Oracle has been laying off employees globally since last month across locations including US, India, Canada and Phillipines, so far estimated to be about 10 percent of the global workforce as per media reports, but there will be more layoffs.American technology giant Oracle has begun layoffs in India as part of a global cost-cutting drive
WhatsApp employee sues Meta after termination for blowing the whistle
A former WhatsApp employee has filed a lawsuit that alleges he was fired by the Meta technology company for blowing the whistle on the app’s security flaws.According to the complaint, Baig, while serving as the Head of Security at WhatsApp, turned in several internal notations that pointed out cybersecurity issues that posed risks to user
Israel plan to conquer Gaza
Israel has warned all residents of Gaza City to leave immediately in anticipation of a huge ground offensive. Israel’s plan to conquer Gaza City has also brought international criticism. The UN has warned an intensification of the offensive on an area where a famine has already been declared will push civilians into an “even deeper