BUSINESS

Meta 'Supreme Court' Takes On Cases Of Deepfake Porn

Meta's independent oversight board can make recommendations regarding the social media giant's deepfake porn policies but it is up to the tech firm to actually make any changes
The move by what is referred to as a Meta "supreme court" for content moderation disputes comes just months after the widespread sharing of lewd AI-generated images of megastar Taylor Swift on X, formerly Twitter.
South Korean semiconductor giant Samsung will build a new chip facility in Texas and expand its existing one, according the agreement

US To Grant Samsung Up To $6.4 Bn For Chip Plants

The award is the latest from the US government as it looks to cement its lead in the chip industry -- especially for chips needed for the development of AI -- both on national security grounds and also in the face of competition with China.
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The bitcoin 'halving' happens every four years

Bitcoin Miners Face Survival Test In 'Halving'

The halving, held every four years and next due this month, exposes the weakest mining companies and individuals because it slashes their main source of income, according to experts.
The price of cocoa beans has soared in recent months

Red-hot Cocoa Price Melts Profit At Top Chocolate-maker

The firm said revenues jumped 19 percent in local currency and 11 percent in Swiss francs thanks to the effect of rising cocoa prices, while sales in volume terms were largely steady, edging up 0.7 percent to 1.1 million tons.
The logo of US giant General Electric in Belfort, eastern France, on June 3, 2019. General Electric is breaking up into three entities as of April 2, 2024

Swan Song For General Electric As It Completes Demerger

An initial split took place in January 2023 with the creation of GE HealthCare, bringing together all the health care activities. The official finalization of the separation comes Tuesday, with General Electric disappearing in favor of GE Vernova, dealing with energy activities, and GE Aerospace, the new name of the late GE.
Gold hit a new high of $2,256.44

Gold Hits Another Record High On Fed Rate Cut Bets

The precious metal has enjoyed healthy buying interest this year as the US central bank hints at an easing of credit conditions. It hit a new high of $2,265.73 on Monday, according to Bloomberg News.
Amazon, Apple, Google parent Alphabet, TikTok owner ByteDance, Meta and Microsoft have to comply with the new law

EU Probes Apple, Google, Meta Under New Digital Law

The European Commission, the EU's antitrust regulator, announced that it "suspects that the measures put in place by these gatekeepers fall short of effective compliance of their obligations under the DMA" -- the bloc's Digital Markets Act.

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