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Industry Events news for the IT Industry|Industry Events news for the IT Industry|Industry Events news for the IT Industry


Alphabet Disappoints Investors, Despite Profit, Revenue Increases
Negative reaction from Wall Street, after Google parent Alphabet slightly missed Q4 revenue target, despite healthy overall growth

Amazon To Face Legal Action Over Warehouse Closures
Union says it will ask court to compel Amazon to re-open seven closed warehouses in Quebec that triggered 1,700 job losses

Grayscale Launches Fund Around ‘Joke’ Dogecoin Crypto...
Grayscale Investments launches investment fund focused on Dogecoin, cryptocurrency token originally created as a joke

FTX Reaches Settlement With Clinton-Linked K5
FTX reaches settlement with investment firm K5 Global, co-founded by former Hillary Clinton aide, as bankrupt crypto firm readies repayments

LinkedIn Lawsuit Over AI Training Is Dismissed
Plaintiff dismisses proposed class-action lawsuit against LinkedIn over alleged use of private messages for AI training

Meta Discusses Moving Incorporation To Texas
Facebook parent Meta Platforms in discussions over possibly reincorporating in Texas as it seeks more favorable legal regime

Meta Shares Rise On Strong Revenues, Profits
Meta sees rise in revenue, net income, says Meta AI chatbot now has more than 700 million users, up from 600 million last month

Meta Agrees To $25m Trump Settlement
Meta to pay $25m to settle litigation by Donald Trump over 2021 account suspension following violent Capitol riots

X Works With Visa To Offer Real-Time Payments
X plans to offer Visa-powered X Money Account in US later this year as it seeks to develop 'everything app'

Crypto Exchange KuCoin To Pay $297m In US Settlement
Major crypto exchange KuCoin agrees to pay more than $297m in US legal settlement in latest result of crypto enforcement actions

X Refused To Remove Video Viewed By Southport Killer
X refused to remove violent video of Australian knife attack that was viewed by Southport killer minutes before murders, says regulator

Meta Tests Advertising On Threads In US, Japan
Meta begins testing advertising on Twitter-like Threads as social media advertisers seek alternatives to troubled TikTok

Banks Look To Sell Twitter Takeover Debt
US banks look to sell significant portion of the debt that financed 2022 acquisition of Twitter, now X, amidst Musk's growing political clout

Meta To Spend Up To $65bn On AI This Year
Meta plans to spend up to $65bn on AI infrastructure this year, as it faces competition from rival companies and 'Stargate' initiative

Crypto Firms Sign Up To Trump-Linked Lobby Group

ByteDance In Talks With US Over Non-Sale Options For TikTok
ByteDance board member William Ford expresses optimism ByteDance can find non-sale option to keep TikTok in US in compliance with law

Trump Executive Order Sets Out Pro-Crypto Policy Shift
US president Donald Trump signs executive order initiating wide-ranging shift to cryptocurrency-friendly policies

CMA Secures Google Commitment To Tackle Fake Reviews
British competition watchdog secures undertaking from Google to tackle fake reviews, as Amazon probe continues

Pakistan’s Parliament Passes Bill For Strict Control On Social...
Bill passed to give Pakistani government sweeping controls on social media, but critics argue it will further suppress free speech

Indian Tribunal Suspends Meta’s Data Sharing Ban
After Meta had warned that India's data sharing ban could collapse WhatsApp's business model, tribunal suspends ban

LinkedIn Sued Over Alleged Use Of Private Messages To Train AI
Microsoft's LinkedIn sued for allegedly using customer data, including private messages, to train AI models without permission

Amazon To Shutter Sites In Unionised Province In Canada
1,700 jobs to be lost in Quebec, as Amazon says it will close seven sites in the only province in Canada to have unionised staff

Bitcoin Retreats From $109,000 Trump Inauguration High
Post inauguration blues? Value of Bitcoin falls from record high, while Donald Trump's token $Trump plunges 20 percent

Trump Signs Executive Order To Delay TikTok Ban
TikTok receives executive order from Donald Trump to grant time for a sale to be reach, but will ByteDance agree?

Elon Musk Questions X’s Ban In China, After TikTok Ban
With Donald Trump moving to strike down US ban on TikTok, Elon Musk questions why X is still banned in China

Donald Trump, Melania Trump Launch Separate Cryptocurrencies
Two new cryptocurrencies are established, as $Trump and $Melania is launched by both Donald Trump and his wife Melania

TikTok Restores Service In US After Trump Pledge
After Trump says he will issue executive order on Monday, TikTok began restoring service on Sunday to US users

Amazon Pauses Drone Deliveries After Crashes
Another delay. Amazon deliveries by drone in Texas, Arizona paused after aircraft reportedly crashed in rain

TikTok Switched Off In US Ahead Of Ban Deadline
TikTok goes dark in the United States on Saturday, ahead of America's nationwide ban on the Chinese app on Sunday