Meta says China retailers are reducing digital ad spend

Chinese online retailers have cut back their spending on Facebook and Instagram ads in reaction to President Donald Trump’s tough trade policy with the country.

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Microsoft passes its first test on U.S. tariffs with limited portfolio exposure

If rising costs do push businesses to boost efficiency, Microsoft, with its Copilot artificial intelligence assistant, could be helpful, CEO Satya Nadella said.

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Court finds Apple, executive lied under oath in Epic Games trial

Apple willfully violated and ignored a 2021 decision that came out of the Epic Games case, Judge Yvonne Gonzalez Rogers said in a decision on Wednesday.

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Microsoft expects some AI capacity constraints this quarter

An executive cautioned during Microsoft’s earnings call on Wednesday that customers might face AI service disruptions as demand outstrips the company’s ability to bring data centers online. Microsoft’s EVP and CFO Amy Hood said during the company’s fiscal 2025 third-quarter earnings call that the company may face AI capacity constraints as early as June. “We […]

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Epic Systems expands EHR market share lead over Oracle Health

Epic notched its largest ever net gain in hospital market share for electronic health records, a report on Wednesday said.

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Meta warns of ‘worse’ experience for European users

Meta said the negative impact could kick in as soon as the third quarter of this year.

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Visa and Mastercard unveil AI-powered shopping

Artificial intelligence is not just infiltrating the startup world. Now, credit card giants Visa and Mastercard are getting into the AI game. Visa announced on Wednesday “Intelligent Commerce,” which it says enables AI “to find and buy.” AI agents will be able to shop and make purchases on behalf of consumers, based on preselected preferences. […]

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Threads tops 350M monthly users after adding 30M in the quarter

Instagram Threads, Meta’s X competitor, has now grown to over 350 million monthly active users, CEO Mark Zuckerberg revealed during the company’s Q1 2025 earnings call on Wednesday. That’s an increase of 30 million users since the prior quarter, where Meta reported that Threads had 320 million users. The new figure represents increased growth, as […]

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Amazon to spend $4 billion on small town delivery expansion

Amazon announced it will spend $4 billion by the end of 2026 on expanding deliveries to small towns in rural America.

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Meta’s Reality Labs posts $4.2 billion loss in first quarter

Meta’s Reality Labs posts $4.2 billion loss in first quarter

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