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TikTok makes AI driven ad tool available globallyTikTok on Thursday began letting all marketers on its platform use an artificial intelligence-powered tool for generating marketing clips, becoming the latest platform to let advertisers tap into the technology.... Read more
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'Megaquake' warning hits Japan's growthJapan's growth slowed in the third quarter after warnings of a major earthquake hit activity, official data showed Friday, as Prime Minister Shigeru Ishiba seeks to jumpstart the world's fourth-largest economy.... Read more
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Man who stole and laundered roughly $1B in bitcoin is sentenced to 5 years in prisonA computer expert who stole bitcoin worth billions of dollars at current prices—and then spent years laundering some of the hacked cryptocurrency with help from his wife—was sentenced on Thursday to five years in prison.... Read more
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Australia will impose a 'digital duty of care' on tech companies to reduce online harmIn an escalation of its battle with big tech, the federal government has announced it plans to impose a "digital duty of care" on tech companies to reduce online harms.... Read more
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Australia has backed away from plans to introduce local quotas on streaming platforms againThe federal government has quietly shelved plans to introduce local requirements for Australian screen content on streaming platforms like Netflix and Disney+.... Read more
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Volkswagen: the end of a German industrial myth?In late October 2024, Volkswagen's works council announced that the group's management was considering closing three factories in Germany, which would lead to the loss of tens of thousands of jobs, as well as a general reduction in salaries. On October 30, the group announced a 63.7% fall in third-quarter... Read more
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Elon Musk has turned X into a globally influential media platform—and there's more to comeDuring the recent United States presidential election campaign, tech billionaire Elon Musk's social media platform X (formerly Twitter) saw record high usage.... Read more
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Digital avatars to reshape shopping in the metaverseWithin the next decade, Australia's retail sector could see a major overhaul, with companies taking up space in the metaverse to create brand awareness and to provide shoppers with a novel purchasing experience, according to a study published in Technological Forecasting and Social Change.... Read more
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EU fines Meta $840 million for 'abusive' Facebook ad practicesThe EU fined online giant Meta almost 800 million euros on Thursday for breaching antitrust rules by giving users of its Facebook social network automatic access to classified ads service Facebook Marketplace.... Read more
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Hotels on Booking.com can offer better rates elsewhere: EUHotels listed by online travel giant Booking.com in Europe are now free to offer better rates elsewhere, the European Commission said Thursday as new rules on the platform came into force.... Read more
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Amazon plans to shut down Freevee, its no-cost streaming serviceTwo years after its launch, Amazon's free ad-supported streaming service Freevee is shutting down, the company confirmed this week.... Read more
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Dating apps move to friend zone in search of profitsBurnt-out love-seekers are shunning dating apps in their millions, but the apps are trying to woo them back with a counter offer: If you don't want a lover, perhaps you just need a friend?... Read more
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Thirty years on from its first paying passengers, Eurostar now has a fresh chance to hit its potentialThree decades ago, the first Eurostar train carrying paying passengers set off from London's Waterloo station for Paris. While many of the headlines on November 14 1994 focused on the historic journey, others speculated about what the tunnel would mean for business and trade. Eurostar was "set to steal the... Read more
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India delivery app Swiggy shares gain on market debutIndian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit concerns.... Read more
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Tech's green wave hits choppy watersTech entrepreneurs have spent years selling the dream that we can save the planet without changing our ways, but the current focus of innovation is dividing experts and investors.... Read more