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Meta Shares Rise Amid Earnings Forecast Beat

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Summary: Meta shares surge 8% on IG platform following better-than-expected earnings and revenue . Revenue increased by 11% to $32 billion, exceeding analysts' expectations. Ad revenue rose 12% in Q2, outperforming competitors like Google. Shares have risen by a staggering 266% overall and 160% since the beginning of the year. Meta 's stock closes at $319.09, poised for another positive trading day. Meta shares surged more than 8% in extended trade on the IG ...

Twitter/X Faces Changes as Web-Based Tweetdeck Service Ends

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Summary: Twitter, now known as X, is discontinuing its web-based Tweetdeck service , raising concerns about its future. Elon Musk aims to make X financially self-sustaining and had previously mentioned potential payment models . The decision to end the free Tweetdeck version forces users to choose between the paid service and alternatives. Potential Threads , introduced as a threat to X, faces decreasing adoption rates. Speculation abounds that Musk might introduce a premium X model catering to high-value online sectors . Musk's success with Tesla inspires expectations for X's transformative journey. ...

UK Needs 'Urgent Rethink' on AI Regulation: Researchers Call for Stricter Laws on AI Use

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UK Needs 'Urgent Rethink' on AI Regulation: Researchers Call for Stricter Laws on AI Use Summary: Researchers call for urgent reconsideration of AI regulation in the UK due to increased AI usage. The Ada Lovelace Institute proposes 18 recommendations for trustworthy and accountable AI systems. MI6 chief stresses the importance of human intelligence alongside AI capabilities. The new FIFA game, EA Sports FC 24, incorporates female players across all game modes. Fossil discovery challenges the notion of dinosaur dominance during the Cretaceous period. Early data suggests Meta's Threads platform experiences a slight decrease in user eng...