EU Urges Meta to Split Marketplace in Bid to Address Antitrust Concerns
The European Union (EU) has intensified its scrutiny of Meta Platforms Inc., the parent company of Facebook and Instagram, advocating for a major restructuring of its Marketplace feature to alleviate ongoing antitrust issues. This move underscores the EU’s commitment to curbing anti-competitive practices within the tech behemoth, as regulators seek to create a more equitable digital marketplace.
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Alibaba's Tsai Sounds Alarm on AI Data Center Bubble
Alibaba's Chief Financial Officer, Toby Tsai, has raised concerns over what he perceives as a potential bubble in the artificial intelligence (AI) data center build-out. Speaking at a recent investor conference, Tsai highlighted the rapid expansion of data centers fueled by AI demand and suggested that the prevailing growth trends could be unsustainable.
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BRG Consulting Firm Hit by Cyberattack as Debt Sale Emerges for LBO
BRG, a prominent consulting firm, has recently faced a significant cyberattack, coinciding with its ongoing efforts to secure a debt sale to support a leveraged buyout (LBO). This incident raises concerns about the potential implications for the firm's financial strategies and operational integrity, particularly as they navigate the complexities of securing investor interest amidst such challenges.
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Spotify's CEO Calls for EU Action Against Apple for Big Tech Law Violations
Daniel Ek, the CEO of Spotify, has amplified his call for the European Union to take decisive action against Apple, urging the regulatory body to confront what he describes as blatant violations of laws aimed at governing the behavior of major tech companies. This plea comes in the wake of an intensified scrutiny and potential regulatory measures being considered by the EU, aiming to create a fairer competitive landscape within the digital economy.
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Former NASA Official Dismisses Musk's Claim on Early Astronaut Return
In a remarkable turn of events, a former NASA leader has publicly stated that he has never heard an offer from billionaire entrepreneur Elon Musk regarding the early return of astronauts. This revelation comes amidst growing speculation and discussions around SpaceX's role in human space exploration and its relationship with NASA.
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EU Promises Immediate Action Against Trump’s Threats to Big Tech Regulations
In a strong and decisive message, European Union officials have vowed to respond swiftly and firmly should former President Donald Trump take any actions that disrupt the regulatory framework aimed at Big Tech companies within Europe. This stance comes as Trump's influence grows in the political arena, particularly regarding his longstanding criticism of tech giants and their operational mandates.
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Major Security Breach: Bybit Exchange Reports $1.5 Billion in Potential Losses Following Hack
In a shocking revelation, Bybit, a leading cryptocurrency exchange, has reported a significant breach of its security systems, which has potentially resulted in losses estimated at around $1.5 billion. The incident, occurring in late February 2025, has sent ripples through the cryptocurrency community, raising concerns about the safety and security of funds on major exchanges.
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WhatsApp Confronts Stricter EU Regulations Amidst Surge in Monthly Users
WhatsApp, the popular messaging platform owned by Meta, is facing a new wave of regulatory challenges as it experiences substantial growth, with over 45 million monthly active users across Europe. This increase in user engagement comes at a time when the European Union is implementing tougher privacy and data protection measures, raising significant concerns for the app's operations.
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Investors Rally Behind Musk as Morgan Stanley Expands X Debt Offering
In an impressive show of investor confidence, Morgan Stanley has decided to significantly boost its debt sale for X, the social media platform previously known as Twitter. The enhanced offering comes at a time when enthusiasm surrounding Elon Musk’s ventures is increasingly palpable, highlighting a shift in investor sentiment that could have substantial implications for future financial deals.
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WhatsApp Uncovers Attempted Hacks on Journalists Using Paragon Spyware
In a startling revelation, WhatsApp has disclosed that sophisticated spyware known as “Paragon” has been utilized in attempts to infiltrate the accounts of journalists and other individuals. This development raises significant concerns over privacy and security for those in the media who often face threats to their digital safety.
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