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Finance News

Apple’s inaccurate AI news alerts shows the tech has a growing misinformation problem

Apple’s inaccurate AI news alerts shows the tech has a growing misinformation problem

Finance News

Jaap Arriens | Nurphoto | Getty Images An artificial intelligence feature on iPhones is generating fake news alerts, stoking concerns about the technology’s ability to spread misinformation. Last week, a feature recently launched by Apple that summarizes users’ notifications using AI, pushed out inaccurately summarized BBC News app notifications on the broadcaster’s story about the […]

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Meta employees criticize Zuckerberg decisions to end fact-checking, add Dana White to board

Meta employees criticize Zuckerberg decisions to end fact-checking, add Dana White to board

Finance News

This photo illustration created on January 7, 2025, in Washington, DC, shows an image of Mark Zuckerberg, CEO of Meta, and an image of the Meta logo.  Drew Angerer | Afp | Getty Images Meta employees took to their internal forum on Tuesday, criticizing the company’s decision to end third-party fact-checking on its services two

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Bitcoin drops below ,000 as Treasury yields pressure risk assets

Bitcoin drops below $98,000 as Treasury yields pressure risk assets

Finance News

Nicolas Economou | Nurphoto | Getty Images Bitcoin slumped on Tuesday as a spike in Treasury yields weighed on risk assets broadly. The price of the flagship cryptocurrency was last lower by 4.8% at $97,183.80, according to Coin Metrics. The broader market of cryptocurrencies, as measured by the CoinDesk 20 index, dropped more than 5%.

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Hims & Hers donates million to Trump’s inauguration fund

Hims & Hers donates $1 million to Trump’s inauguration fund

Finance News

Hims & Hers Health has donated $1 million to President-elect Donald Trump’s inauguration fund, CNBC confirmed Tuesday. The company, which offers a range of direct-to-consumer treatments for conditions like weight loss, erectile dysfunction and hair loss, is the latest in a string of tech companies that have tried to curry favor with the incoming administration.

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Meta scraps fact checking program, is bringing back political content

Meta scraps fact checking program, is bringing back political content

Finance News

Meta on Tuesday announced it will eliminate its third-party fact checking program to “restore free expression” and move to a “Community Notes” model, similar to the system that exists on Elon Musk’s platform X. The company said Community Notes will be written and rated by contributing users to provide more context to posts across its

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dLocal, Latin America’s answer to Stripe, wins UK license in global expansion push

dLocal, Latin America’s answer to Stripe, wins UK license in global expansion push

Finance News

DLocal is one of Latin America’s most prominent payment players. It specializes in cross-border payments for emerging markets such as Brazil, Mexico, Colombia and its home country, Uruguay. Sopa Images | Lightrocket | Getty Images LONDON — Uruguayan payments firm dLocal has secured a U.K. payment institution license, adding to the company’s growing portfolio of

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Shares of Tencent fall over 5% in Hong Kong after U.S. designates it as a Chinese military company

Shares of Tencent fall over 5% in Hong Kong after U.S. designates it as a Chinese military company

Finance News

Jonathan Raa | Nurphoto | Getty Images Shares of Chinese tech heavyweight Tencent Holdings tumbled 5.4% in Hong Kong after the company was added to a list of “Chinese military companies” by the U.S. Department of Defense. The move follows a near 8% fall in Tencent’s U.S. depository receipts on Wall Street. Other Chinese companies

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UFC’s Dana White joins Meta’s board weeks before Trump takes office

UFC’s Dana White joins Meta’s board weeks before Trump takes office

Finance News

Mark Zuckerberg posing with UFC president Dana White during a UFC Fight Night event. Jeff Bottari | Ufc | Getty Images Dana White, CEO of the Ultimate Fighting Championship and a longtime friend of Donald Trump, is joining the board of Facebook parent Meta two weeks before the new administration begins. Meta CEO Mark Zuckerberg,

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