Meta’s ‘Community Notes’ model will not apply to paid ads, WSJ reports
(Reuters) -Facebook parent Meta (NASDAQ:META) assured advertisers this week that its “Community Notes”, similar to that used on Elon Musk-owned social media platform X, will not apply to paid ads when they arrive later this year, the Wall Street Journal
Palantir to invest in drone start-up Shield AI at $5 bn valuation- The Information
Investing.com– Palantir Technologies Inc (NASDAQ:PLTR) is in discussions to invest in Shield AI, as the drone startup was set to nearly double its valuation to $5 billion in a new fundraising round, The Information reported on Friday citing sources. This potential investment aligns
Former Bank of Canada governor Carney enters race to replace Trudeau
EDMONTON, Alberta (Reuters) -Former Bank of Canada governor Mark Carney announced on Thursday that he was running to replace Prime Minister Justin Trudeau as leader of the ruling Liberal Party, saying he wanted to focus on the struggling economy. Carney, 59,
How a TikTok ban would work – and why user workarounds won’t
By Stephen Nellis, Max A. Cherney (Reuters) -Social media app TikTok, which is owned by China’s ByteDance, will be banned in the United States on Sunday unless a deal comes together to sell it to a U.S. investor or the U.S.
FDIC sues 17 former Silicon Valley Bank executives, directors over collapse
By Jonathan Stempel (Reuters) – The FDIC on Thursday sued 17 former executives and directors of Silicon Valley Bank, seeking to recover billions of dollars for alleged gross negligence and breaches of fiduciary duty that caused the bank’s March 2023 collapse,