• META

Meta Platforms' Irish unit hit with $264 million fine over data breach

• META

Facebook-parent Meta settles with Australia's privacy watchdog over Cambridge Analytica lawsuit

Meta Platforms has settled a A$50 million case in Australia regarding data privacy violations linked to the Cambridge Analytica scandal, marking the largest privacy settlement in the country.

• META
• SONY

Floki Expands Presence in UAE as Sponsor of the 2024 World Tennis League

Floki partners with the 2024 World Tennis League, displaying its brand during the event featuring top athletes and live music, reaching a global audience of millions.

• META

Meta adds live translation, AI video to Ray-Ban smart glasses

Meta Platforms updates Ray-Ban smart glasses with AI features, including video processing, real-time language translation, and integration of Shazam for song identification.

• META
• SNA

Trump signals potential reconsideration of TikTok ban

Donald Trump revisits his stance on TikTok, appreciating its role in engagement and youth voting, while legal complexities regarding its ownership continue to unfold.

• GOOGL
• META
• MSFT

When AI vies with Taylor Swift as the hot ticket in town

The article covers the NeurIPS conference, highlighting advancements in AI, corporate involvement, a record number of accepted papers, and notable speaker insights, including a young prodigy.

• BABA
• JD
• META
• PDD
• TPR

China's Instagram-like Xiaohongshu making inroads with e-commerce sales

Chinese influencer Tera Feng gains popularity for her lifestyle content, leveraging Xiaohongshu's platform for successful livestream sales, attracting high-end brands despite the challenging retail landscape.

• META

Meta urges California attorney general to stop OpenAI from becoming for-profit, WSJ reports

Meta Platforms is urging California's attorney general to block OpenAI's transition to for-profit status, citing potential negative impacts on nonprofit startups and public interest.

• AAPL
• AMZN
• META

Apple CEO Tim Cook to meet with Trump on Friday

Tim Cook will meet Donald Trump at Mar-a-Lago as business leaders aim for rapport; both companies are navigating issues regarding regulations and contributions to Trump's inaugural fund.

• AAPL
• AMZN
• GOOGL
• META
• MSFT
• NVDA
• TSLA

Mag 7 stocks set to thrive through 2025, deVere Group CEO says

The Magnificent Seven tech companies have surpassed $18 trillion in valuation, expected to dominate through 2025, despite risks like high valuations and regulatory scrutiny.