Meta Platforms Inc.’s new social media app Threads has garnered 70 million users in just two days after

In the first 24 hours after Threads launched, Meta's Twitter rival has surpassed 50 million sign-ups, upended the social media landscape and appears to have rattled Twitter enough that it is now threatening legal action against Meta.

China's top financial regulators have fined Ant Group — the fintech firm founded by billionaire Jack Ma — about 7.1 billion yuan ($994 million) for breaking rules related to consumer protection and corporate governance.

By Emma Farge GENEVA Robots presented at an AI forum said on Friday they expected to increase in

Chinese regulatory authorities are fining Ant Group 7.123 billion yuan ($985 million), claiming the financial technology provider violated laws related to corporate governance and consumer rights

NEW YORK--(BUSINESS WIRE)--Jul 7, 2023--

Humanoid robots say they could lead more efficiently than humans, but wouldn’t take anyone’s job away and had no intention of rebelling against their creators

Asset managers have launched a coordinated appeal to get the European Union to rework planned ESG reporting rules,

As Twitter users get increasingly disgruntled with a platform owned by a controversial billionaire which has imposed temporary reading limits and has suffered countless outages, the CEO of the social media network has insisted the site’s community is “irreplaceable” as individuals flock to rival apps. After Mastodon, Post and Bluesky all stepped up to the plate to try and pull people away from the bird app, Instagram’s text-based alternative Threads has proven to be the next high-profile competitor – so much so, that Meta boss Mark Zuckerberg revealed 10 million people had signed up in the first seven hours of it going live this week. And Twitter’s certainly alarmed by its growing popularity. Owner Elon Musk has criticised the amount of data the app may collect on users and accused it of “cheating” amid reports of a lawsuit against Meta, and now, CEO Linda Yaccarino has stressed “everyone’s voice matters” on Twitter. The ex-NBCUniversal advertising chair – who was appointed to the top job back in May and didn’t issue a single tweet during the platform’s ‘rate limit exceeded’-related outage earlier this month – wrote on Thursday: “Whether you’re here to watch history unfold, discover real-time information all over the world, share your opinions, or learn about others – on Twitter you can be real. “You built the Twitter community. And that’s irreplaceable. This is your public square. “We’re often imitated – but the Twitter community can never be duplicated.” Sign up to our free Indy100 weekly newsletter Although the post makes no explicit reference to Threads, it was shared just hours after the rival app landed on Google Play and the App Store, and Yaccarino’s mention of “real-time information” comes as the initial version of Threads’ home feed is non-chronological and instead generated by an algorithm. However, sharing a screenshot of a tweet from Musk in which he claimed a “closed-source, algorithm-only system” means “manipulation” of information is “essentially undetectable”, Instagram head Adam Mosseri clapped back: “If anyone was asking, both Instagram and Facebook have chronological feeds options, so yes, we’re going to bring one to Threads too.” So that’s that, then. And looking at the replies to Yaccarino’s tweet, many aren’t convinced by her argument – not even the blue ticks paying a monthly fee for additional features: Oh, and if all of this wasn’t bizarre enough, there’s talk of a cage fight between Mark Zuckerberg and Elon Musk. Yes, really. No, we can’t believe it either. Have your say in our news democracy. Click the upvote icon at the top of the page to help raise this article through the indy100 rankings.

MILPITAS, Calif. & HERZLIYA, Israel--(BUSINESS WIRE)--Jul 7, 2023--

LONDON--(BUSINESS WIRE)--Jul 7, 2023--

By Tom Wilson and Jaiveer Shekhawat (Reuters) -A string of executives have quit Binance, according to their tweets and media