Alibaba Cuts Dozens From Metaverse Unit

Alibaba’s metaverse division, Yuanjing, has laid off staff amidst restructuring, though it will continue offering metaverse-related services. According to recent reports, the Chinese e-commerce giant Alibaba is gradually decreasing its operations in the metaverse, following in the footsteps of other tech titans that have lowered their resources in the once-exciting industry. Alibaba’s owned South China […]
AI Drives Meta & Microsoft Q3 Earnings, But Stock Prices Dip

Meta and Microsoft’s AI businesses announced better-than-expected quarterly earnings, but muted outlooks saw their shares down after hours. Shares in Meta Platforms and Microsoft declined in after-hours trading on Oct. 30 despite both companies posting strong Q3 earnings, as executives gave lower earnings forecasts and outlined increased spending plans for artificial intelligence (AI). Meta reported a […]
Truth Terminal Creators X Hacked: $600,000 Lost In Scam

The X account of Andy Arey, the creator of the Truth Terminal, was compromised, resulting in memecoin frauds as the scammer promoted scamming cryptos. The Truth Termina l, a well-known AI bot, has been causing a stir in the cryptocurrency market for several days. However, its creator was recently implicated in a memecoin fraud, resulting […]
Meta Builds its AI-powered Search Engine

Meta is considering the development of its own AI-powered search engine to decrease its dependence on Google and Microsoft’s Bing. To decrease its dependence on current search products, such as Google and Microsoft’s Bing, the technology behemoth Meta is purportedly considering the development of its AI-powered search engine. Meta to launch search Engine The Information, […]
Meta Launches AI Search Engine To Rival Google

Meta Platforms creates an AI search engine to lessen reliance on Google and Bing by providing real-time conversational responses with Meta AI. Meta Platforms is intensifying its focus on artificial intelligence by creating its own AI-powered search engine. This project aims to reduce Meta’s dependence on Google and Microsoft’s Bing, aligning with the growing competition […]