Top World News

"Make No Mistake, This Is A Ban": TikTok Vows To Fight New US Law In Court

TikTok's CEO vowed Wednesday to fight in the courts to overturn a newly signed US law that could see the popular app banned due to allegations it is controlled by the China government.

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Congress passed a TikTok bill. Will the US really ban the app?

A bill passed by Congress and signed by Biden requires owner ByteDance to sell or face a US ban – it’s its biggest threat yetSenate passes bill banning TikTok if parent company does not sell itThe House of Representatives passed a bill that would require TikTok owner ByteDance to sell the social media platform or face a total ban in the United States. The Senate passed it less than a week later. Joe Biden signed it a day after the Senate voted yes.TikTok is facing its biggest existential threat yet in the US. The app was banned in Montana last year, but courts found that prohibition unconstitutional, and it never went into effect. Continue reading...

Meta says revenue will be weak as it spends even more on AI

Push to integrate AI into Meta products boosts financial results, but share prices tumble with weak sales forecastMeta’s drive to integrate artificial intelligence into its products yielded strong financial results for the second quarter in a row. The company plans to spend even more on AI in the coming months, though, and its share price slumped more than 15% as the company reported earnings Wednesday. A weak sales forecast and higher spending guidance rattled investors.Mark Zuckerberg said his main focus for the rest of 2024 and likely 2025 will be “getting millions or billions of people to use Meta AI” rather than generating revenue from it. He cautioned that Meta products such Instagram Reels have in the past not immediately generated revenue as they scaled before they became profitable pieces of Meta’s ad business. Continue reading...

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Vladimir Putin Biopic Set For Release, With An AI Twist

The world premiere of a new biopic portraying Russian President Vladimir Putin, with an AI-rendered central character, is scheduled for September 26th.

Ajit Doval Meets Russian Counterpart, Discusses Issues Of Mutual Interest

National Security Adviser Ajit Doval on Wednesday met with his Russian counterpart Nikolai Patrushev for a second time this month and they reviewed progress in bilateral cooperation and discussed important issues of mutual interest.