Tag: Tech

Elon Musk Buys Twitter, Fires Top Executives

Tesla CEO and world’s wealthiest person, Elon Musk, is now in charge of the social media platform Twitter. The official announcement of the takeover deal’s completion is expected on Friday. Twitter will be delisted from the New York Stock Exchange beginning on Oct. 28, according to a recent delisting notice, as the firm will be taken private….


Elon Musk Finally Buys Twitter, Fires Top Executives

Tesla CEO Elon Musk is now in charge of social media platform Twitter, according to CNBC. The official announcement of the takeover deal is expected to come on Friday before the opening of the stock market. Twitter will now be delisted from the New York Stock Exchange beginning on Oct. 28, according to a recent…


Biden Delivers Remarks in New York on Chip Manufacturing

President Joe Biden travels to Syracuse, New York, where he will deliver remarks on semiconductor manufacturing company Micron’s plan to invest in chip manufacturing in upstate New York. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: https://twitter.com/EpochTVus Rumble: https://rumble.com/c/EpochTV Truth Social: https://truthsocial.com/@EpochTV…


LIVE NOW: Biden Delivers Remarks in New York on Chip Manufacturing

President Joe Biden travels to Syracuse, New York, where he will deliver remarks on semiconductor manufacturing company Micron’s plan to invest in chip manufacturing in upstate New York. * Click the “Save” button below the video to access it later on “My List.” Follow EpochTV on social media: Twitter: https://twitter.com/EpochTVus Rumble: https://rumble.com/c/EpochTV Truth Social: https://truthsocial.com/@EpochTV…


Meta’s ‘Arrogance’ Results in Washington Court Fining Company Nearly $25 Million for Disclosure Violations

A Washington state court fined Meta $24.66 million for intentionally violating campaign finance disclosure law—the largest-ever such penalty in U.S. history—which was imposed on the company for repeatedly violating state law. The parent company of social media behemoth Facebook was fined the maximum allowed under the Fair Campaign Practices Act for 822 violations. Washington State…


Facebook Parent Meta Stock Plunges 24 Percent, Making Zuckerberg ‘Poorer’ by More Than $10 Billion

Facebook parent Meta saw its stock price plunge more than 20 percent intraday on Oct. 27, amid broader carnage in U.S. tech stocks as investors pulled back amid the impact of soaring inflation on ad spending. Shares of Meta were down as much as 24 percent on Thursday, trading at around $100, a low not…


Apple Is Cutting Back Production of iPhone 14 Plus Due to Weak Demand: TrendForce

Apple Inc. is cutting back production of iPhone 14 Plus and is increasing the output of the more expensive iPhone 14 Pro due to lukewarm demand for the mid-range model, market research firm TrendForce said Tuesday. The share of more expensive iPhone 14 Pro series has increased to 60 percent of the total output from…


Turkish Competition Board Fines Meta Platforms $18.6 Million

ISTANBUL—Turkey’s competition authority has fined Facebook parent Meta Platforms Inc. 346.72 million lira ($18.63 million) for breaking competition law, it said on Wednesday. The Turkish regulator said the company held a dominant position in personal social networking services and online video advertising and had obstructed competitors by merging data collected through its core services Facebook,…


Google’s Ad Sales Slow Sharply, an Ominous Sign for US Economy

Google’s parent company Alphabet posted disappointing ad sales numbers in its third-quarter results, leading to a fall in the company’s share price, while indicating a dismal outlook for overall business confidence and the economy. Total operating income for the quarter ended Sept. 20 was $17.1 billion, a decline of more than 18 percent from 2021’s…


Faster and Less Energy Consuming Devices in Sight as Scientists Form Interlayer Quasiparticle Pairs

Researchers from the Australian National University (ANU) have discovered a way to create interlayer exciton pairs using bilayer semiconductor technology, paving the way for faster devices that consume less energy. This research could lay the groundwork for a new generation of smartphones and computers and next-generation technologies that high-speed computing, information processing, and data communication…