U.S. President Joe Biden has sharply criticized Meta’s recent choice to end its fact-checking program in the United States, labeling it “shameful.” This decision has sparked worries about the spread of misinformation, especially with the upcoming election cycle on the horizon. Biden’s remarks denounced the action, emphasizing the necessity of accurate information for a healthy democracy. “Fact-checking is essential to safeguard the public from false information, and Meta’s choice erodes the trust in the platforms that millions depend on for news,” he stated. Meta, the parent company of Facebook and…
Read MoreDay: January 11, 2025
.Startups have secured $398.4 million in funding, which is three times the amount raised last year.
Startups in India secured $398.4 million in funding during the week ending January 10, 2025, marking a threefold increase from the same week last year. This significant rise underscores the increasing confidence investors have in emerging companies, even amid ongoing economic challenges. The funding influx was driven by a combination of venture capital, private equity, and angel investments, particularly in the technology, fintech, and healthcare sectors. Analysts believe that this surge in funding indicates a rebound from the slowdowns experienced during the pandemic and a growing interest in innovation-focused investments….
Read MoreApple CEO’s Pay Increases by 18%, Anti-Diversity Proposal Rejected.
Apple Inc. has announced an 18% increase in CEO Tim Cook’s compensation, raising his total pay for fiscal year 2024 to $125 million. This increase comes as the company reports strong financial performance, with record revenues and successful product launches under Cook’s leadership. His compensation package consists of a base salary, performance bonuses, and stock awards linked to Apple’s growth and innovation in areas like AI and sustainability. In addition to the pay raise, Apple has firmly opposed a shareholder proposal that sought to eliminate the company’s diversity, equity, and…
Read MoreMacron Suggests Modi May Sign Global AI Agreement at France Summit
The Indian Prime Minister Modi would be attending the AI Summit which is to be held in Paris on February 10-11, 2025 on Modi’s behalf President Macron confirms his movements by pronouncing that Modi shall work to assist India in establishing itself suitably within the AI domain. The summit is to be chaired up by French officials and will include several leaders and skilled individuals from around the globe to better understand the workings of AI on society. The major talking points of the meeting would be around AI and…
Read MoreOla Electric Faces Critique Over Compliance With Regulations Regarding Their Products
Ola Electric has been on the radar of the Indian Government and regulatory bodies and it seems like this won’t be ending anytime soon. This is due to the fact that OLA Electric is one of the biggest Electric Vehicle Manufacturers in India. Authorities require detailed information about safety standards followed by them as well as compliance to local laws and guidelines. There have been several complaints regarding the safety of the ola electric scooters, the reliability of the vehicle itself. These complaints have raised several flags and have led…
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