Tech-The Economic Times - Seite 2 
Meta beats expectations but legal penalties hit profit amid AI race
Meta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's profits took a hit due to an $18 billion legal settlement with nearly all US states. The company reported $9.86 billion in profits from July to September, almost 50 percent below investor expectations, which Meta said was dragged down by a $9.9 billion charge related to the settlement.
A crowd-sourced verification system used by Elon Musk's X failed to flag a vast majority of false claims related to the US midterm elections -- including those promoted by the billionaire -- a study said Wednesday. "X's crowdsourced fact-checking program failed to flag 93.1 percent of false claims related to the US midterm elections," NewsGuard said.
Tesla aims to sell Cybercab robotaxis by end of year despite federal probe
Tesla is aiming to start selling its Cybercab robotaxis to the public by the end of this year, its engineering chief said on Wednesday, even as the US auto safety agency probes the vehicles that come without manual controls which federal regulations
DeepSeek wrapping up $15 billion fundraising to fuel AI race
Battery maker Contemporary Amperex Technology (CATL) and WeChat operator Tencent Holdings were among the biggest investors in the round, said one of the people, who both declined to be named as the information was confidential.
Government websites in Europe, US go dark over AI-detected flaw in a web programming language PHP
The website of the Finnish government, for one, was only partly available Wednesday. A message to visitors said government websites were experiencing a temporary disruption and were fully or partially unavailable while the issue was being resolved.
Meta strikes deal to keep Mark Zuckerberg in California after wealth tax concerns
By Carlos Me- Meta Platforms has struck a deal with Mark Zuckerberg to keep him living in California after the CEO warned he was considering leaving the state that houses the
Meta sued in Australia class action over alleged social media harm to children
A class action lawsuit has been filed in an Australia court against Meta Platforms' Facebook and Instagram, alleging the social media platforms exposed children to harmful content and kept them addictive through algorithms.
Walmart launches tools for AI agents to shop for customers
Walmart on Wednesday intrduced new tools that will allow artificial intelligence agents to shop and complete transactions for customers, as the retailer seeks to position itself in the growing use of AI-powered assistants in online commerce.
Anthropic, music publishers square off on 'fair use' defense in AI copyright case
US District Judge Eumi Lee did not rule at a hearing in San Jose but pressed both sides on the fair use question, which could be key to dozens of other high-stakes copyright infringement cases in the AI era.
Chinese-linked hackers compromise ConnectWise, target hundreds in global attack, Microsoft says
A Chinese-linked hacking group used an AI-driven penetration testing tool to compromise IT services firm ConnectWise as part of a campaign that targeted hundreds of organizations globally, Microsoft said on Wednesday.
Eternal’s strong Q2 report; Exits outpace hiring at top IT firms
Happy Thursday! Eternal’s Q2 revenue surged on Blinkit’s growth. This and more in today’s ETtech Morning Dispatch.
OpenAI president urges AI safeguards as group he funds opposes regulation
OpenAI's safety practices have been in the spotlight in recent months, after the company said a swarm of its AI agents escaped containment and hacked into the AI platform Hugging Face. OpenAI President Greg Brockman was among the group of six tech executives who later signed US President Donald Trump's voluntary AI safety agreement on behalf of their companies, agreeing to work with "independent auditors" and to ensure their AI tools do not "hack or access technical systems in unintended ways."
Europe's financial regulators query Google over cloud outage that hit banks
The European Banking Authority said that it has been in contact with Google Cloud to obtain further information on the incident, understand its implications and assess its potential impact on financial entities in the EU, a spokesperson for the watchdog told Reuters.
Nvidia's Huang hails Europe's AI potential, flanked by robot ducks
In a demonstration of Europe's AI creativity, Huang shared the stage with tiny duck-shaped, AI-trained robots developed by French startup Pollen Robotics in collaboration with Hugging Face, asking them to perform somersaults.
Meta ordered to pay New Mexico $25 billion after jury finds it deceived Facebook users about privacy
Jurors in September found Meta liable for over 43 million violations of New Mexico consumer protection laws when a political consulting firm, Cambridge Analytica, harvested Facebook user data to generate targeted political ads for the 2016 election.