The European Union has issued a strong response to recent allegations by Meta that it is facing undue censorship pressures from EU regulators. European officials made it clear today that the EU does not censor social media content but instead aims to ensure that platforms like Facebook, Instagram, and WhatsApp adhere to rules designed to protect users’ safety, privacy, and democracy. Meta, the parent company of major social media platforms, has raised concerns about the EU’s increasing scrutiny of its operations, claiming that some of the regulatory measures could lead…
Read MoreDay: January 9, 2025
“Elon Musk Donates 268,000 Tesla Shares in Year-End Philanthropic Move”
Tesla CEO Elon Musk has donated 268,000 Tesla shares, valued at approximately $60 million, in a year-end charitable contribution. The filing, disclosed to the U.S. Securities and Exchange Commission, highlights Musk’s philanthropic efforts and may also reflect strategic tax planning. This significant donation follows Musk’s history of large-scale charitable giving. In 2023, he donated $1.9 billion worth of Tesla shares to undisclosed charities, signalling a continued commitment to supporting global causes. Focus on Philanthropy: While the recipient organization(s) of the latest donation remain undisclosed, Musk’s past contributions have supported education,…
Read More“Apple Achieves Record Revenue in Q3 2024, Driven by Strong iPhone and Services Sales”
Apple has announced its financial results for the third quarter of 2024, posting a record-breaking revenue of $123.9 billion, a 12% increase year-over-year. The remarkable performance was fueled by robust sales of iPhones and a surge in the company’s services sector, including subscriptions to Apple Music, iCloud, and the App Store. Highlights of Apple’s Q3 2024 Performance: iPhone Sales Dominate: The iPhone 15 series continued to be a top seller globally, contributing significantly to the company’s revenue. Services Revenue Surge: Apple’s services division, which includes Apple Pay, Apple TV+, and…
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