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[ad_1] Google CEO Sundar Pichai speaks at a panel at the CEO Summit of the Americas hosted by the U.S. Chamber of Commerce on June 09, 2022 in Los Angeles, California. Anna Moneymaker | Getty Images Results were good, but not good enough. That's Wall Street's reaction to quarterly results on Tuesday from Alphabet and Microsoft . Both companies reported revenue and earnings that exceeded estimates, yet the stocks sold off in extended trading. In investor speak, the stocks were priced for perfection. Alphabet shares are up 56% for the year and climbed to a fresh high last week, exceeding the prior record from late 2021, the peak of the tech boom. Microsoft is up 70% over the past 12 months, also reaching a fresh high recently and surpassing Apple as the most valuable publicly traded company. The companies generated excitement last year by riding the artificial intelligence wave, and were also lauded by shareholders for their dramatic cost-cutting efforts, which included ...

[ad_1] The US Supreme Court in Washington, DC, on June 27, 2023. Kevin Dietsch | Getty Images WASHINGTON — The Supreme Court on Friday blocked in full a lower court ruling that would have curbed the Biden administration's ability to communicate with social media companies about contentious content on such issues as Covid-19. The decision in a  short unsigned order  puts on hold a Louisiana-based judge's ruling in July that specific agencies and officials should be barred from meeting with companies to discuss whether certain content should be stifled. The Supreme Court also agreed to immediately take up the government's appeal, meaning it will hear arguments and issue a ruling on the merits in its current term, which runs until the end of June. Three conservative justices noted that they would have denied the application: Samuel Alito, Clarence Thomas and Neil Gorsuch. "At this time in the history of our country, what the court has done, I fear, will be seen by so...

[ad_1] Rahul Popper shares trends that will redefine how we connect, engage, and create on short video platforms and beyond As we step into 2024, these trends underscore the ever-evolving nature of social media marketing, providing creators with opportunities to connect, and thrive in the digital landscape In a digital age where our daily lives are intricately woven with online interactions, staying ahead of the curve in social media trends is akin to tuning in to society’s heartbeat. As we step into 2024, the landscape of short video platforms is gearing up for a revolution, and you’re at the forefront. In this ever-evolving era of online interactions, understanding the pulse of social media trends is your ticket to staying ahead. Picture this as your guide, your sneak peek into the top 10 trends by Moj Creator Rahul Popper that will redefine how we connect, engage, and create on short video platforms and beyond. So, let’s dive into the top 10 short video platform trends for 2024...

[ad_1] TikTok has officially launched its e-commerce service TikTok Shop in the US.  Costfoto | Nurphoto | Getty Images Consumers are increasingly turning to social media for their shopping this holiday season, and TikTok's latest venture into e-commerce has emerged at the forefront. For some, it means weighing the convenience of mobile shopping and often low prices against ethical questions. The platform introduced TikTok Shop in the U.S. in September as an in-app shopping experience, capitalizing on the #TikTokMadeMeBuyIt trend. The shop gives opportunities to both content creators who could sell their own products and avid TikTok users who could buy directly on the app, following in the footsteps of other social media apps such as Instagram. Though TikTok Shop previously faced backlash and was forced to shut down in Indonesia, consumers are increasingly trending toward buying off social media. A recent Shopify-Gallup survey says nearly half of respondents ages 18 to 29 s...

[ad_1] In this photo illustration, a TikTok App Logo is displayed on a mobile phone. Stanislav Kogiku | Sopa Images | Lightrocket | Getty Images Senate Intelligence Committee Chair Mark Warner, D-Va., said Sunday he is introducing a broad bipartisan bill this week that will outline an approach to banning or prohibiting foreign technology, like the popular video-sharing app TikTok. TikTok is a short-form video platform that is used by more than 100 million Americans. Data privacy concerns have been swirling around the app because of its parent company ByteDance, which is based in China and privately held. Warner said he is working on the bill with Sen. John Thune, R-S.D., adding that he is concerned over the type of content that Americans are seeing on TikTok. "They are taking data from Americans, not keeping it safe, but what worries me more with TikTok is that this can be a propaganda tool," he told "Fox News Sunday." Warner's legislation comes after U.S. ...

[ad_1] Children and teenagers in Utah are to lose access to social media apps such as TikTok if they don't have parental consent and would face other restrictions under a first-in-the-nation law designed to shield young people from the addictive apps. The two bills Utah Gov. Spencer Cox signed into law also prohibit kids under 18 from using social media between the hours of 10:30 p.m. and 6:30 a.m., require age verification for anyone who wants to use social media in the state and seek to prevent tech companies from luring kids to their apps using addictive features. The laws passed through Utah's GOP-supermajority Legislature reflect changing perceptions of both Democrats and Republicans toward technology companies. Tech giants like Facebook and Google have enjoyed unbridled growth for over a decade, but amid concerns over user privacy, hate speech, misinformation and harmful effects on teens' mental health, lawmakers have...

[ad_1] Microsoft joins list of tech companies to announce sweeping layoffs - CBS News Watch CBS News Microsoft became the latest tech giant to announce widespread layoffs as the industry grapples with cost-cutting. James Rogers, financial columnist for MarketWatch, joined CBS News to discuss the announcement. Be the first to know Get browser notifications for breaking news, live events, and exclusive reporting. Not Now Turn On [ad_2] Source link https://worldnews2023.com/top-stories/microsoft-joins-list-of-tech-companies-to-announce-sweeping-layoffs/?feed_id=309927&_unique_id=6691d2e4d7ad4

[ad_1] Eric Adams, mayor of New York, speaks during the U.S. Conference of Mayors winter meeting in Washington, D.C., on Thursday, Jan. 20, 2022. Eric Lee | Bloomberg | Getty Images New York City banned TikTok on government-owned devices Wednesday, pointing to security concerns that have made the app a target of bipartisan scrutiny across the country. Congress already voted to ban TikTok on federal devices last year and several states have taken similar steps. The concern generally stems from TikTok's ownership by China-based tech company ByteDance, since many policymakers fear that structure could make U.S. users' information vulnerable to being accessed by the Chinese government, if forced to hand over information to comply with Chinese law . An NYC City Hall Spokesperson told WNBC in a statement that the ban was a result of the city's Cyber Command's conclusion that TikTok "posed a security threat to the city's technical networks." City agencies h...

[ad_1] Protecting kids from harmful social media How to protect kids and teens from the harmful effects of social media 05:22 U.S. Surgeon General Dr. Vivek Murthy is calling for stronger guidelines for social media use among children and teens, pointing to a growing body of research that the platforms may pose what he described as a "profound risk" to young people's mental health. In a report issued on Tuesday, Murthy urged technology companies and lawmakers to take "immediate action" by formulating policies to protect young people from "addictive apps and extreme and inappropriate content"...