Singapore has ordered Meta to strengthen anti-scam measures on Facebook or face a S$1 million fine, intensifying global scrutiny of the company's fraud prevention efforts despite its strong financial performance.
OpenAI announced on Tuesday that it acquired Statsig, a product experimentation platform, as the artificial intelligence company continues its aggressive acquisition strategy. Statsig CEO Vijaye Raji will join OpenAI as Chief Technology Officer of Applications, reporting to former Instacart CEO Fidji Simo.
Apple shares jumped nearly 3% after-hours Tuesday after a judge ruled Google can continue paying billions to remain the default search engine on Apple devices, boosting confidence ahead of the company's Sept. 9 "Awe Dropping" event.
Early September 2025 has ushered in a period of significant turbulence for the mega-cap technology sector, as a notable underperformance of these market titans has triggered increased volatility and a fundamental re-evaluation of investment strategies. This shift, led by a decline in shares of chipmaker Nvidia (NASDAQ: NVDA), has sent
After years of unprecedented dominance by a handful of U.S. mega-cap technology companies, the financial markets are undergoing a significant and long-awaited rebalancing. Investors are increasingly shifting capital away from these tech giants towards a broader universe of U.S. small-cap stocks and economically sensitive, cyclical, and value-oriented investments.
Wall Street is buzzing with a familiar, yet unsettling, narrative: the increasing concentration of market value in a handful of mega-cap technology companies, leading to valuations that harken back to the infamous dot-com bubble. This top-heavy market structure is raising red flags among experts, who warn of potential fragility and
The U.S. stock market is once again sending signals of caution, as major indices experienced a notable pullback from their recent record highs in early September 2025. This downturn, following a robust August that saw all three major indices achieve their fourth consecutive month of gains, marks a pivot
Mark Cuban questioned why office occupancy hasn't plunged despite AI-driven white-collar layoffs, as economists warn of a structural labor crisis and tech giants like Oracle, Microsoft, and Meta aggressively reshape workforces for automation.
The partnership between Meta Platforms Inc (NASDAQ: META) and Scale AI is reportedly showing signs of strain, with a key executive leaving Meta just two months after the partnership was formed.
