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After 12 Months, Twitter Will Take a 10% Cut on Content Subscriptions
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After 12 Months, Twitter Will Take a 10% Cut on Content Subscriptions

BY
Parvesh Rana

Elon Musk, the CEO of Twitter Inc., said on Friday that the social media site will take a 10% cut ...

Inside the EU politicians Fight to Stop ChatGPT and Generative AI
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Inside the EU politicians Fight to Stop ChatGPT and Generative AI

BY
Parvesh Rana

As recently as February, EU lawmakers’ plans to control generative artificial intelligence (AI) technologies like ChatGPT did not give generative ...

Italy Brought Back ChatGPT after Microsoft-Backed OpenAI Answered Regulators' Questions.
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Italy Brought Back ChatGPT after Microsoft-Backed OpenAI Answered Regulators’ Questions.

BY
Parvesh Rana

The ChatGPT chatbot was turned back on in Italy after the company that made it fixed the problems that Italy’s ...

Alphabet and Meta Draw Back Advertisers as Smaller Rivals Struggle
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Alphabet and Meta Draw Back Advertisers as Smaller Rivals Struggle

BY
Parvesh Rana

In an uncertain economy, advertisers are sticking with Alphabet and Meta Platforms, which is likely helping the tech giants take ...

EU proposes new copyright rules for generative AI
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EU Suggests New Copyright Rules for Creative AI

BY
Parvesh Rana

An early EU agreement says that companies that use generative AI tools like ChatGPT will have to reveal any copyrighted ...

Amazon's Quarterly Sales Are Higher than Expected.
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Amazon’s Quarterly Sales Are Higher than Expected.

BY
Parvesh Rana

Amazon.com Inc.’s quarterly sales and profit came in higher than expected on Thursday. However, the company said that cloud income ...

Snap Doesn't Make as Much Money as Expected and Warns of A Drop in Q2
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Snap Doesn’t Make as Much Money as Expected and Warns of A Drop in Q2

BY
Parvesh Rana

Snap Inc.’s quarterly income fell short of what analysts expected on Thursday because changes to its advertising platform hurt the ...

The Online Stock Brokers' Bull Run Hits a Bump, and The Number of Regular Users Goes Down.
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The Online Stock Brokers’ Bull Run Hits a Bump, and The Number of Regular Users Goes Down.

BY
Parvesh Rana

Online brokerage companies that grew by leaps and bounds during the pandemic are now in the slow lane. This is ...

Pinterest's Problems with Ads Hurt the Company's Ability to Make More Money, and Its Stock Price Drops.
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Pinterest’s Problems With Ads Hurt the Company’s Ability to Make More Money, and Its Stock Price Drops.

BY
Parvesh Rana

Thursday, Pinterest Inc. said that its second-quarter revenue growth would be lower than what Wall Street expected. This is because ...

Lyft Will Let Go of More Than 1,000 workers in An Effort to Cut Costs.
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Lyft Will Let Go of More Than 1,000 Workers in An Effort to Cut Costs.

BY
Parvesh Rana

The ride-hailing company Lyft Inc. said that it will lay off about 1,072 workers, or 26% of its workforce. This ...