Articles for tag: ByteDance, national security, , TikTok, Trump, U.S. Senate, User Privacy

Market News

Trump Suggests Keeping TikTok in the US Temporarily Amid Ongoing Discussions and Concerns Over Data Privacy Issues

President-elect Donald Trump expressed support for TikTok’s continued operation in the U.S. during a rally in Phoenix, Arizona, highlighting the app’s significant impact on his presidential campaign, which garnered billions of views. His remarks come amidst concerns over national security that have led the Senate to pass a law requiring TikTok’s Chinese parent company, ByteDance, ...

Market News

$6.2 Million Banana Art Bought and Eaten: A Bold Culinary Statement

Justin Sun, a Chinese cryptocurrency entrepreneur, recently made headlines after buying a controversial art piece for $6.2 million. The artwork, created by Italian artist Maurizio Cattelan, features a banana duct-taped to a wall. In a playful move, Sun shared a video on social media where he ate the banana, claiming its taste reminded him of ...

Market News

AI

FungiFriend, an AI chatbot, jeopardizes mushroom foragers by giving dangerous cooking advice, raising serious safety concerns.

A new AI chatbot named “FungiFriend” was recently introduced in a popular Facebook group for mushroom identification, raising concerns about safety in foraging. This chatbot mistakenly advised users on how to cook a potentially poisonous mushroom, illustrating the risks of relying on AI for mushroom foraging guidance. Experts like Rick Claypool highlight that AI tools ...

Market News

AI

Meta AI reaches 500 million users in a year, with Zuckerberg emphasizing aggressive investments to dominate the consumer AI landscape.

Meta AI, launched just a year ago, now has over 500 million active users, showcasing Meta’s commitment to enhancing artificial intelligence. CEO Mark Zuckerberg highlighted its potential to become the top AI assistant globally by year-end. CFO Susan Li emphasized their aim to dominate the consumer AI Market, despite anticipated increases in capital spending for ...

Market News

AI

Reddit’s shares soared 25% as it achieved profitability and a 68% revenue increase fueled by AI innovations and user engagement.

Reddit’s shares soared by 25% after the company posted impressive financial results, including its first profit and a significant revenue increase. In the third quarter, Reddit reported a 68% rise in revenue, reaching $348.4 million, and a 47% boost in daily active users, totaling 97.2 million. The platform’s success stems from innovations like AI-driven language ...

Market News

AI

Meta, once Facebook, shifts focus from the metaverse to AI, navigating skepticism and restoring power amid industry transformations.

Meta, formerly Facebook, began as a platform to connect Harvard students and has evolved over the years. In October 2021, Mark Zuckerberg rebranded the company, emphasizing a shift towards the metaverse—a virtual world for social interaction. However, following the rise of artificial intelligence, Meta has pivoted its focus to AI technologies. Despite impressive investments in ...

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