Nvidia and Meta lead tech recovery on Wall Street
U.S. stocks posted strong gains on Thursday, driven by a rally in technology shares, even as uncertainty continued over potential progress in trade negotiations between...
Tag : Meta
U.S. jobless claims rise to 242,000, highest level in three months
The number of Americans filing for unemployment benefits rose to 242,000 for the week ending February 22, marking a three-month high, according to the U.S....
Meta job cuts hit thousands as AI investments reshape workforce
Meta is laying off approximately 3,600 employees, accounting for about 5% of its workforce, as part of its ongoing restructuring efforts in 2025. The layoffs,...
Amazon plans $100 billion AI investment to stay ahead in tech race
Amazon has announced plans to increase its capital expenditures to $100 billion in 2025, marking a significant investment in artificial intelligence and cloud infrastructure. The...
Nvidia shares rise as Alphabet boosts AI investments for 2025
Nvidia's stock surged over 4% on Wednesday, rebounding from last week's sell-off as concerns over China's DeepSeek AI model failed to dampen Big Tech's spending...
Business leaders donate millions to Trump’s inaugural committee
Business leaders and major corporations are committing millions of dollars to President-elect Donald Trump’s inaugural committee, signaling efforts to secure influence and access as his...
Tech leaders say AI’s impact on employment will be overwhelmingly positive
MENA Newswire News Desk: Artificial intelligence (AI) is expected to transform industries globally by creating new job opportunities rather than eliminating them. According to the...
Meta faces major setback as EU court limits data use for ads
MENA Newswire News Desk: Meta Platforms has been ordered by the European Union’s top court to limit its use of personal data for targeted advertising,...
Ray-Ban Meta glasses to get new AI features and exclusive frame design
MENA Newswire News Desk: Ray-Ban | Meta glasses are set to receive a significant upgrade with new AI features and expanded partnerships. Meta announced on...
Historic EU decision sets precedent for global AI regulation
In a landmark move, the European Union's parliament has greenlit the world's pioneering comprehensive regulatory framework to govern the burgeoning realm of artificial intelligence (AI)....