This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Google-parent Alphabet on Tuesday reported profit and revenue that beat expectations as its cloud and search ads businesses thrived. The tech giant said its net income for the recently ended quarter was $23.6 billion on revenue that climbed 14 percent to $84.7 billion when compared to the sam ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Wiz has rejected a reported $23 billion acquisition proposal from Google parent Alphabet—as the cybersecurity startup pivots back to a previously-planned initial public offering, according to a company memo seen by CNBC and others. That ends the prospect of what would've been the most expensi ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Amazon might be stepping up requirements for its return-to-office mandate—and workers are feeling uneasy. After more than a year of requiring employees to work from the office at least three days a week, Amazon is now considering a minimum number of hours per day to meet that mandate, accordi ...

Core Points - Meta is facing scrutiny from EU consumer authorities regarding its "pay or consent" model, which requires users to either pay to avoid data collection or consent to share their data to use Facebook and Instagram for free [1][2] - European consumer groups have filed complaints against Meta's model, claiming it could be considered unfair and contrary to consumer protection laws [1][2] - Meta has until September 1 to respond to the concerns raised by the EU authorities and propose solutions [2] Group 1 - The EU regulators coordinated with the consumer protection authorities to address concerns that Meta's model misleads or confuses consumers [2] - If Meta fails to address the concerns, enforcement measures, including sanctions, may be imposed [2] - The European Consumer Organisation has welcomed the actions against Meta and urged the company to revise its pay-or-consent choice screen to ensure fair consumer choices [4] Group 2 - A Meta spokesperson defended the model, asserting that it complies with European regulations and aligns with established subscription business models [3][4] - The company has previously delayed the release of its generative AI models and its Twitter alternative, Threads, in the EU due to regulatory uncertainties [4][5] - The ongoing conflict between Meta and the EU highlights the challenges tech companies face in adapting to stricter regulations in Europe [4]

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Held every two years, Farnborough is one of the industry's biggest shows alongside Dubai and Paris. Boeing announced Monday a raft of orders on the first day of Britain's Farnborough Airshow, shrugging off safety and production woes as the industry struggles to keep up with demand. The embattled US aviation giant swooped for a ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The order by Korean Air will replace some of its long-haul jets. Korean Air lodged a firm order Monday for 40 Boeing 787 and 777X wide-body aircraft at Britain's Farnborough airshow, handing a boost to the embattled US aviation giant. The deal, which includes an option for 10 more 787 planes, is worth $15 billion under catalog ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Security members watch a Boeing 777 at the Farnborough Air Show fair in Farnborough, England, July 18, 2022. An ongoing safety and manufacturing crisis has Boeing keeping a lower profile at the 2024 Farnborough International Air Show, which kicks off Monday in England. Credit: AP Photo/Frank Augstein, File European planemaker Ai ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Travelers wait in Terminal 1 for check-in at Hamburg Airport, in Hamburg, Germany, Friday July 19, 2024 as a widespread Microsoft outage disrupted flights, banks, media outlets and companies around the world on Friday. Credit: Bodo Marks/dpa via AP A major internet outage affecting Microsoft is disrupting flights, banks, media o ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Pixabay/CC0 Public Domain US tech giant Microsoft said Friday it was taking "mitigation actions" after service disruptions. "Our services are still seeing continuous improvements while we continue to take mitigation actions," the company said in a post on social media platform X.In a notice titled "Service Degradation ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Awards, including an Emmy, are displayed at Netflix headquarters Los Gatos, Calif. on March 7, 2024. Netflix reports earnings on Thursday, July 18, 2024. Credit: AP Photo/Mike Liedtke, File Netflix's subscriber and earnings growth accelerated in its latest quarter as the video streaming service benefits from a crackdown on freel ...