Tag Archives: Reportedly

Elon Musk is reportedly considering investment in Neuralink’s rival brain chip company

Neuralink’s brain-computer interface demo shows a monkey playing Pong Without a joystick. R. Lawler @Rjcc   Neuralink Elon Musk’s last update on Neuralink — his company that is working on technology that will connect the human brain directly to a computer — featured a pig with one of its chips implanted in its brain. Now … Continue reading Elon Musk is reportedly considering investment in Neuralink’s rival brain chip company

Dozens of Facebook contractors lost their jobs after an algorithm reportedly chose them ‘at random’

Meta’s revenue shrank for the first time in its history And Meta’s Reality Labs cost the company almost $3 billion last quarter. N. Ingraham Carlos Barria / reuters Facebook parent company Meta has just reported its earnings for the second quarter of 2022, and it was another quarter of shrinking profits. Total revenue of $28.8 … Continue reading Dozens of Facebook contractors lost their jobs after an algorithm reportedly chose them ‘at random’

Apple reportedly tried to partner with Facebook to get a cut of its revenue

Facebook runs full-page newspaper ads to attack iOS 14 privacy changes Small businesses will suffer if they can’t use targeted ads, the company argues. N. Summers @nisummers   Dado Ruvic / reuters Facebook is using full-page newspaper ads to criticize an upcoming Apple policy that will give iPhone and iPad customer the choice over whether … Continue reading Apple reportedly tried to partner with Facebook to get a cut of its revenue

US Justice Department is reportedly poised to sue Google over its digital ad dominance

The Department of Justice sues Google over antitrust concerns Google is accused of “unlawfully maintaining monopolies” around search and search-related advertising. N. Summers @nisummers   Jim Young / Reuters We all knew it was coming. Today, the US government’s Department of Justice filed an antitrust lawsuit against Google. The company, which is a part of … Continue reading US Justice Department is reportedly poised to sue Google over its digital ad dominance

Uber co-founder Travis Kalanick reportedly saw violence against drivers as a tool for growth

Uber CEO Travis Kalanick steps down A slew of scandals drove shareholder pressure to a breaking point. R. Lawler @Rjcc   Danish Siddiqui / Reuters The New York Times reports that Uber CEO Travis Kalanick is stepping down, following heavy pressure from a large group of shareholders. Despite a reputation for scandals that appeared to … Continue reading Uber co-founder Travis Kalanick reportedly saw violence against drivers as a tool for growth

Google To Reportedly Let Ad Rivals Place YouTube Ads In EU Antitrust Probe

Google To Reportedly Let Ad Rivals Place YouTube Ads In EU Antitrust Probe by Laurie Sullivan  @lauriesullivan, June 13, 2022 Google’s parent company Alphabet will allow rival advertising intermediaries to place advertisements on YouTube as part of a European Union (EU) antitrust investigation. This change, according to Reuters, could help Google settle an EU probe from … Continue reading Google To Reportedly Let Ad Rivals Place YouTube Ads In EU Antitrust Probe

Amazon Reportedly Moves Deeper Into Local Ads, Creates ‘Start-Up’ Ad Business

Amazon Reportedly Moves Deeper Into Local Ads, Creates ‘Start-Up’ Ad Business by Laurie Sullivan  @lauriesullivan, June 8, 2022 Amazon has reportedly begun to focus more on local ads in an effort to compete with Google and its “near me” approach. One way is to support consumers through Amazon Fresh, a version of Whole Foods that … Continue reading Amazon Reportedly Moves Deeper Into Local Ads, Creates ‘Start-Up’ Ad Business

YouTube reportedly offers podcasters up to $300,000 to create videos

Amazon buys rights to popular true-crime podcast ‘My Favorite Murder’ Amazon will have a one-week exclusive for new episodes. J. Fingas @jonfingas January 25th, 2022 Matt Winkelmeyer/Getty Images for Entertainment Weekly Amazon is once again racing to buy the rights to major podcasts and the networks that share them. According to Bloomberg, Amazon is buying … Continue reading YouTube reportedly offers podcasters up to $300,000 to create videos

Pinterest A Safe Haven For Brands As They Reportedly Cut Budgets Amidst Turmoil

Pinterest A Safe Haven For Brands As They Reportedly Cut Budgets Amidst Turmoil by Laurie Sullivan  @lauriesullivan, January 7, 2021 Facebook, Snapchat, and Twitter will feel the recoil from brands pulling advertising budgets amidst negative news reports and posts from people on the platforms. But not all social media platforms see their users posting negative … Continue reading Pinterest A Safe Haven For Brands As They Reportedly Cut Budgets Amidst Turmoil