Wednesday, August 9, 2023
Facebook, Instagram have a 'news' problem in Canada
Canadian news industry groups are seeking an antitrust probe after Facebook parent company, Meta, began blocking news content on its platforms. The groups accused Meta of abusing its dominant position, which would harm Canadian journalism. The Canadian parliament recently approved the "Online News Act," forcing companies such as Google and Meta to strike deals with local publishers and make payments. https://ift.tt/pvjniTg
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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)
Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...
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Sohee Kim / Bloomberg : South Korean authorities are investigating a data leak at e-commerce giant Coupang that exposed ~33.7M accounts; ...
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The first project we remember working on together was drawing scenes from the picture books that our mom brought with her when she immigrate...
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