Better AI Stock: Alphabet vs. Meta Platforms
Two similar businesses have different AI implications.
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Two similar businesses have different AI implications.
In today’s edition: The DRC is going after Apple for its cobalt use || US signs bill that could see to a TikTok ban ||Nigeria investigates data breach that leaked info of 100 million Nigerians || Funding tracker
A controversial move by Meta last year, when it switched to charging users in the Europe Union for an ad-free subscription for access Facebook and/or Meta is facing a fresh set of complaints from consumer protection authorities in the EU over a controversial switch to charging users for an ad-free subscription unless they agree to being tracked and profiled for ad targeting.
Dozens of US states are suing Meta Platforms and its Instagram unit, accusing them of fueling a youth mental health crisis by making their social media platforms addictive.
We’ll see if last night’s earnings are enough to keep the market moving forward, or if there was reason for concern.