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Tuesday, August 27, 2024
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Investment

Meta settles with Texas for US$1.4 billion over a facial recognition dispute

Meta agrees to pay US$1.4 billion to settle a Texas lawsuit over Facebook’s facial recognition technology, resolving privacy violations.

Digital Domain invests US$26 million in a Hong Kong R&D centre for visual effects and AI videos

Digital Domain is investing US$26 million in a Hong Kong R&D centre for advanced visual effects and AI video production, boosting tech innovation.

Meta eyes 5% stake in the sunglasses giant EssilorLuxottica

Meta may buy a 5% stake in EssilorLuxottica, signalling a potential fashion crossover with Supreme and securing its future with AR glasses.

Zhihu introduces an AI-powered feature to boost user engagement

Zhihu introduces the AI-powered feature Zhida to enhance user engagement, joining other Chinese tech giants in leveraging AI for online services.

What Rivian, Lucid, and Fisker reveal about the electric vehicle market

A look at Rivian, Lucid, and Fisker's financial results and their impact on the EV market.

A media coalition requests a federal investigation into Google’s removal of California news links

A media coalition urges US authorities to investigate Google's blocking of California news links, alleging potential legal violations.

Apple plans a substantial expansion of its Singapore campus

Apple announces a US$250 million expansion of its Singapore campus to include AI roles and sustainable features.

A new era for GGV Capital as it splits into Granite Asia and Notable Capital

GGV Capital splits into Granite Asia and Notable Capital, marking a new chapter in venture capital with a focus on Asia-Pacific and the Americas.