Tesla casts doubt on the quest for a Model T of EVs
By Joseph White DETROIT (Reuters) – Henry Ford democratized car ownership with his ultra-cheap, mass-produced Model T, and Elon Musk once promised to do the same for electric cars with…
Cyber-attacks: data theft on the dark web increases by 45% in 2023
2023 saw an increase in compromised account credentials, combined with other extremely valuable data to hackers. It is estimated that more than 7.5 billion pieces of data are circulating on…
Short sellers target Reddit shares as stock slips
By Saqib Iqbal Ahmed NEW YORK (Reuters) – Reddit stock’s stellar market debut has drawn significant bearish bets against the social media forum in its first few days of trading,…
After the metaverse it is time for the fediverse, the next digital bubble
Meta lays the groundwork for the launch of the fediverse. The term refers to the possibility of different platforms, such as social, becoming more integrated by communicating with each other…
GameStop shares fall as video game retailer faces competition, weak spending
Βy Jaspreet Singh and Arsheeya Bajwa (Reuters) – GameStop’s shares fell more than 14% on Wednesday, as the brick-and-mortar video game retailer reported a decline in fourth-quarter revenue on the…
Reddit options launch draws bulls, as shares soar
By Saqib Iqbal Ahmed NEW YORK (Reuters) – The launch of options on Reddit on Monday drew a flurry of bullish bets that some analysts said helped boost the social…
Apple Vision Pro to hit mainland China this year, state media says
By Beijing newsroom BEIJING (Reuters) – Apple Vision Pro will hit the mainland China market this year, Apple chief executive Tim Cook said on Sunday, according to state media. Cook…
Italian watchdog’s AI staff struggle spotlights global challenge
By Elvira Pollina and Martin Coulter MILAN/LONDON (Reuters) – Soon after Italian watchdog Garante took on ChatGPT with a temporary shutdown locally last year, it tried to strengthen its team…
Investors greenlight Trump’s $5.7 billion social media deal
By Helen Coster, Svea Herbst-Bayliss (Reuters) – Former U.S. President Donald Trump came a step closer on Friday to reaping a major windfall from his social media firm after investors…
Australian regulator demands social media firms disclose anti-terrorism efforts
By Byron Kaye SYDNEY (Reuters) – An Australian regulator has sent legal letters to social media platforms from YouTube, X and Facebook to Telegram and Reddit, demanding they hand over…