Investing

A letter dated Wednesday accuses Meta of hiring former Twitter employees to make a Meta “copycat” of the Elon Musk-owned social media site.

Musk’s prediction follows a series of failed forecasts from the billionaire estimating driverless cars are just around the corner.

Meta’s Twitter rival “Threads” launched in over 100 countries on Thursday, allowing users to sign up to the app using their Instagram accounts.

The Instagram companion app, which is being hailed as Twitter’s new chief rival, was launched a day earlier than expected.

Meta will release Instagram Threads, its latest response to its social media rivals, on Thursday.

Start-ups sealed a deal a day over the second quarter of this year, signalling that the “fog of fear” that had engulfed the start-up world was starting to lift. Key Takeaways Venture capitalists had a “significant mood shift” in the second quarter of this year, according to the latest survey of Australian VCs by Cut […]

Companies powering the generative AI rush are the top returners for all three major stock indexes this year.

Twenty-one of the world’s richest people, including Larry Ellison and Rob Walton, have unloaded shares worth more than $9 billion combined in the first half of this year.

Musk said the change is to “address extreme levels of data scraping and system manipulation.”

Bitcoin miners are surging thanks to a strong year for crypto, while ChatGPT is slamming stocks like online study-help company Chegg.