Investing

Dubious environmental benefits aside, billionaire Elon Musk’s polarising Cybertruck may be a strategic misfire given its price, big R&D costs and murky sales outlook.

The major privacy update means Meta will no longer be able to see the contents of messages and brings Facebook and Messenger in line with the company’s other platform, WhatsApp.

An Australian generative AI content production platform, Leonardo.Ai, has already amassed 7 million global users – who are creating 4.5 million images each day on its platform. Now, it’s raised $47 million to keep users creating.

A pared-down version of Gemini is available in Google’s AI chatbot Bard.

Apple did not release new iPads this year, contributing to a decline in sales for the device, which combined with Macs make up 15% of Apple’s revenue.

The fast food burger chain announced it’s planning to expand with 10,000 new stores and new investments in AI.

Forbes has unveiled its annual list of the world’s most powerful women, featuring celebrities like Beyoncé and politicians like Kamala Harris. Meet the four Australians who made the cut.

Spotify shares were up more than 6.8% in pre-market trading Monday morning after news broke that it would lay off roughly 1,500 of its workforce in an effort for the audio streaming service to cut costs amid slowing growth.

Disinformation Expert Joan Donovan claims that Harvard University dismantled her team of online disinformation experts after receiving a $500 million pledge from a foundation run by Mark Zuckerburg.

Meta is suing the Federal Trade Commission, claiming the agency’s in-house courts are unconstitutional and violate due process protections, a bid that also aims to stop the FTC from making blanket changes to a 2020 privacy violation settlement that would further restrictions on Meta’s data monetization practices.