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CNN —Instagram and Facebook users in Europe now have a choice to opt out of targeted ads if they pay for a monthly subscription. The offerings are part of an effort to comply with multiple European regulations aimed at curbing US technology companies’ use of personalized ads. Over the last year, the EU has tightened its rules and will soon require Big Tech companies to ask users for their consent around such advertising. In July, a court ruled that tech companies could use subscription models as a way of obtaining such consent, including asking users if they wanted to access Facebook and Instagram without advertising for a fee. Users will still be able to use Instagram and Facebook for free but will continue to see ads.
Persons: CNN — Instagram, ” Meta, Organizations: CNN, Meta, European Union, EU, Big Tech, Facebook, Data Locations: Europe, Iceland, Liechtenstein, Norway, Switzerland
Meta introduces ad-free plans for Instagram, Facebook in Europe
  + stars: | 2023-10-30 | by ( ) www.reuters.com   time to read: +1 min
The logos of Facebook and Instagram and the words "Monthly subscription" are seen in this picture illustration taken January 19, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsOct 30 (Reuters) - Meta Platforms (META.O) said on Monday it will offer users in Europe a subscription plan to use Facebook and Instagram without advertisements to comply with the European Union regulations. The monthly subscription plans for users in the EU, European Economic Area and Switzerland, will cost 9.99 euros ($10.58) for web users, while iOS and Android users will have to shell out 12.99 euros a month. The EU regulations threaten to curb Meta's ability to personalize ads for users without their consent and hurt its major revenue source. ($1 = 0.9446 euros)Reporting by Akash Sriram in Bengaluru; Editing by Shinjini GanguliOur Standards: The Thomson Reuters Trust Principles.
Persons: Dado Ruvic, Meta, Akash Sriram, Shinjini Organizations: REUTERS, Facebook, European, European Economic, Ireland's, EU, Thomson Locations: Europe, EU, Switzerland, Meta, Bengaluru
Google paid Apple $18 billion in 2021 to remain the default search engine on iPhone, NYT reports. And we now know just how much Google has been paying Apple and other device makers to ensure its search engine remains the default on many devices, including the iPhone. In 2021, Google paid Apple about $18 billion to stay as Apple's top search engine, according to The New York Times, which cites two sources familiar with the deal. Back in 2014, Google paid Apple $1 billion to stay on iOS devices, court documents revealed in a separate case involving Oracle. Still, Kent Walker, general counsel of Google's parent company Alphabet, said in a response letter that people use the Google search engine because it is superior to its competition, not because they are pushed to use it.
Persons: it's, , Apple —, Bernstein, Kent Walker, Walker, Eddy Cue Organizations: Apple, Google, US Justice Department, Service, Justice Department, The New York Times, Bloomberg, Oracle, of Justice, DOJ
Musk has dismantled core features of what made Twitter, Twitter — its name and blue bird logo, its verification system, its Trust and Safety advisory group. “We’re still negative cash flow," he posted on the site on July 14, due to a about a "50% drop in advertising revenue plus heavy debt load." Insider Intelligence estimates that X will bring in $1.89 billion in advertising revenue this year, down 54% from 2022. “Even though the cultural relevance of Twitter was already starting to decline," before Musk took it over, "it’s as if the platform no longer exists. Usually when a social platform, starts to lose its relevance there are at least some external factors at play, but that’s not the case here.”
Persons: Elon Musk, it's, hasn’t, Jasmine Enberg, Musk, ” Enberg, , Ian Bremmer, , algorithmically, ” It's, We’re, , Linda Yaccarino, it’s, that’s Organizations: FRANCISCO, , Twitter's San, Twitter, Media Matters, European Commission, NBC, Facebook, Meta, Google, ., Intelligence Locations: Twitter's, Twitter's San Francisco, Maine, Israel
(Photo by Joan Cros/NurPhoto via Getty Images)Amazon's online advertising business continues to boom amid growing investor concerns that the Israel-Hamas War could negatively impact the world economy. Analysts polled by StreetAccount were expecting Amazon's advertising business to generate $11.6 billion in third-quarter revenue. Investors closely monitor Amazon's online advertising unit, which now accounts for 7.5% of the global digital ad market, according to Insider Intelligence. Alphabet is still the digital advertiser leader with 28.4% share of the world online ad market, while Meta accounts for 20.1%, the research firm said. Alphabet reported third-quarter earnings this week and said that its Google advertising revenue jumped 9% year-over-year to $59.65 billion while YouTube ad sales rose 12% year-over-year to $7.95 billion.
Persons: Joan Cros, StreetAccount, Meta, Susan Li, Brad Gerstner Organizations: AMD, Amazon Marketing Services, Mobile, Getty, Intelligence, Meta, Facebook, Google, YouTube Locations: BARCELONA, SPAIN, Barcelona, Spain, Israel, Hamas
CNBC Daily Open: Meta outperformance
  + stars: | 2023-10-26 | by ( Clement Tan | ) www.cnbc.com   time to read: +3 min
(Photo by Spencer Platt/Getty Images)This report is from today's CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. In its third-quarter earnings report, the Facebook parent said revenue increased 23%, its fastest rate of growth since 2021. Meta is seeing faster growth in its core digital advertising business as clients rebound from a tough 2022. Meta said it expects revenue of $36.5 billion to $40 billion for the fourth quarter.
Persons: Stocks, Spencer Platt, Ford, Mattel, Meta, Mark Zuckerberg’s, Susan Li, , Jonathan Vanian Organizations: NEW, New York Stock Exchange, Labor Department, Getty, CNBC, Labor, United Auto Workers, IBM, Wall, Google, Meta, Labs, Treasury Locations: New York City, China, Israel
Some left behind prestigious roles to pursue their passions, while others quit tech due to burnout. Some left behind their glamorous roles to pursue their passions, and some quit tech due to burnout. Read more: I quit my six-figure tech job because I couldn't work abroad. Mayuko Inoue left her tech job due to panic attacksMayuko Inoue is a former iOS software engineer at Patreon and Netflix. In 2022, he left Meta to start Taro, a community to help other engineers achieve similar career success.
Persons: Meta would've, , Eric Yu, pinky, Yu, Read, Sergio Najera, Najera, I've, Mayuko Inoue, overexerting, Inoue, that's, Michael Lin, Lin, he'd, — he's, Jerry Lee, Lee, Rahul Pandey, Meta, Taro, Pandey, Mitchie Nguyen, Nguyen, Dayana Sabatin, Sabatin, I'm, it's, Jonathan Javier, Javier, It's Organizations: Meta, Service, Netflix, Google, Facebook, LinkedIn, Cisco Locations: Redding , California, San Francisco, Minneapolis, Minnesota, Spain, Morocco, Netherlands, Argentina, Brazil, Chile, Silicon, Europe, Asia, Seattle, Los Angeles
China spent 1.4 trillion yuan ($191 billion) replacing foreign hardware and software in 2022, marking a year-on-year increase of 16.2%, according to IT research firm First New Voice. Two firms awarded the Harbin tenders were subsidiaries of China Electronics Corporation and China Electronics Technology Group Corporation - both heavily targeted by U.S. sanctions. The U.S. Department of Commerce, China Electronics Corporation and China Electronics Technology Group Corporation did not return requests for comment. Despite heavy spending on domestic substitution, however, foreign firms are still dominant suppliers for banking and telecoms database management. Non-Chinese companies held 90% of market share for banking database systems at the end of 2022, according to EqualOcean, a tech consultancy.
Persons: Tyrone Siu, Kendra Schaefer, Mo Jianlei, Eric Zheng, Brenda Goh, Katerina Ang Organizations: REUTERS, Companies Beijing, Reuters, New, Trivium China, Liberation Army, Tech, Chinese Academy of Sciences, BMC, U.S, Cyberspace Security, China Telecommunications Corporation, Qualcomm, U.S . Treasury, Google, Apple, China Electronics Corporation, China Electronics Technology Group Corporation, Microsoft, Adobe, China Tobacco, Microsoft Windows, Chinese Academy of Engineering, European Union Chamber of Commerce, of Commerce, Shanghai, U.S . Department of Commerce, HUAWEI, Huawei, IDC, Financial, Lenovo, HK, Beijing, Thomson Locations: Dongguan, Guangdong province, China, BEIJING, Washington, State, Beijing, Gansu province, Harbin, Xiamen, U.S, American, Shanghai
View From the West Bank
  + stars: | 2023-10-26 | by ( New York Times Audio | Ian Stewart | Jessica Metzger | ) www.nytimes.com   time to read: 1 min
There are fears that the Israel-Hamas war could expand into the West Bank, an already combustible and tense region, where the Israeli military has just carried out another round of arrests. Jeffrey Gettleman, an international correspondent, has been reporting from the West Bank. He tells Lulu Garcia-Navarro that “this is the most polarizing moment” he’s ever witnessed in the region. The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter.
Persons: Jeffrey Gettleman, Lulu Garcia, Navarro, he’s Organizations: West Bank, New York Times Locations: Israel
New York CNN —The messaging app Telegram has restricted access to several channels closely associated with or operated by Hamas, as the militant group’s war with Israel rages on. The restrictions mark a significant clampdown on a major source of pro-Hamas propaganda since the Israel-Hamas war began, one that Telegram’s error messages suggest may be driven by the app store operators’ policies. Other popular Telegram channels that have expressed support for Hamas have also been restricted, according to CNN’s analysis. That account is among those no longer accessible via Telegram apps downloaded from the Google Play or Apple App stores, CNN confirmed. An Apple spokesperson didn’t immediately respond to CNN’s questions about the Telegram channels now blocked for iOS users.
Persons: Israel, , , United States —, ” Google’s, didn’t, Brian Fishman, , O’Sullivan, Paul Murphy Organizations: New, New York CNN, Hamas, Google, CNN, ” CNN, CNBC, Meta, Brigades, Apple, Capitol, Facebook, Twitter Locations: New York, Israel, Russian, United States, Dubai, Europe
Apple is debating using the Vision Pro to diagnose and treat mental illness. AdvertisementAdvertisementThe Vision Pro is Apple's biggest gamble in years — and now, reports suggest the company could be planning to use it to treat mental health illness. Unnamed sources said that the device's advanced eye-tracking cameras and sensors could be used to identify signs of mental health illness. Apple unveiled the Vision Pro , its first mixed-reality headset and first major new product in 8 years, at the same event. The Vision Pro is expected to go on sale next year for $3,499, though Apple has reportedly faced some production issues due to the complexity of the device.
Persons: , Apple Organizations: Apple, Service, Apple Watch, Vision Pro
Social media platform X rolls out audio, video calling
  + stars: | 2023-10-25 | by ( ) www.reuters.com   time to read: +1 min
'X' logo is seen on the top of the headquarters of the messaging platform X, formerly known as Twitter, in downtown San Francisco, California, U.S., July 30, 2023. REUTERS/Carlos Barria/File photo Acquire Licensing RightsOct 25 (Reuters) - Social media platform X, formerly known as Twitter, is launching an early version of video and audio calling for some users, according to chief technology officer and owner Elon Musk, as the billionaire pushes for X to become an "everything app". Musk described a post on the platform instructing users on enabling the feature as an "Early version of video & audio calling on X". The latest functionality comes amid a series of new features and changes to the platform's core experience under Musk, who acquired the social media company nearly a year ago. After rebranding Twitter as X, Musk signaled he would turn the platform into a super-app, offering a range of services from messaging and social networking to peer-to-peer payments.
Persons: Carlos Barria, Elon Musk, Musk, Yuvraj Malik, Akash Sriram, Pooja Desai Organizations: REUTERS, Twitter, Thomson Locations: San Francisco , California, U.S, Bengaluru
The logo of the instant messaging service Telegram on a smartphone on January 20, 2022. Telegram, the messaging app, restricted access to channels belonging to Palestinian militant group Hamas, acting to limit the group's influence online after pressure from critics amid the ongoing conflict. The platform blocked access to the official channel of Hamas, hamas_com and al-Qassam brigades, the military wing of Hamas, for Android users, CNBC verified Wednesday. When trying to access the channel, a message pops up saying: "Unfortunately, this channel can't be displayed on Telegram apps downloaded from the Google Play Store." Some other Hamas-linked channels, such as Gaza Now, remain accessible on Telegram.
Persons: hamas_com Organizations: Hamas, Android, CNBC, Google, Tass Locations: Gaza, Russian, Israel
This week, a dramatic public battle has been playing out between the United Nations, Israel and the United States. On Wednesday, the U.N. Security Council voted down two competing resolutions on the Israel-Hamas war. One of those relatives was Alana Zeitchik, whose six cousins are among the hostages still being held in Gaza. The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter.
Persons: Alana Zeitchik Organizations: United, . Security, New York Times Locations: United Nations, Israel, United States, Gaza
Meta to report third-quarter earnings after the bell
  + stars: | 2023-10-25 | by ( Jonathan Vanian | ) www.cnbc.com   time to read: +4 min
Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Artificial Intelligence Insight Forum at the U.S. Capitol in Washington, D.C., Sept. 13, 2023. Meta is set to report third-quarter earnings after the bell Wednesday. The company is expected to show growth of 21% in the third quarter after sales increased 11% in the prior period. Meta appears to be the furthest along in terms of improving the effectiveness of its online ad platform following Apple's changes. Meta, X and others must adhere to the DSA by removing illegal content and detailing how they're doing it.
Persons: Mark Zuckerberg, that's, Susan Li, Snap Organizations: Meta, U.S, Senate, Intelligence, Capitol, Washington , D.C, StreetAccount, EU, Digital Services, European Commission, Russia, Reality Labs Locations: Washington ,, U.S, Israel, Ukraine
You may think the term "net worth" only applies to celebrities and CEOs, but it's something we all have — and we all should know it. Here's a breakdown of both median and average American net worth by age, according to the Federal Reserve's Survey of Consumer Finances published in October 2023. Knowing your net worth can help you assess whether your next financial move is a good one. Empower (formerly Personal Capital) and Mint are two platforms that make tracking your net worth easy. Empower has its own net worth calculator and Mint has a net worth-specific dashboard that calls out your progress each month.
Organizations: Federal Reserve's Survey, Consumer, Federal Reserve Survey, Consumer Finances, Google, Android, CNBC, CNBC Select's, Facebook, Twitter Locations: U.S
Israel intensified its bombardment of Gaza on Tuesday. As the death toll rose, President Biden said that the pace at which humanitarian aid was getting into Gaza was “not fast enough.”Vivian Yee, The Times’s Cairo bureau chief, reports on the aid crisis and other issues converging right now at the Gaza-Egypt border, and the key role that Egypt is playing in the war. The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter.
Persons: Israel, Biden, ” Vivian Yee Organizations: New York Times Locations: Gaza, Cairo, Egypt
Since the AI boom began, Apple has been quieter about incorporating the new technology than its peers. To catch up, the company is planning updates to Siri that incorporate AI. His employees are reworking a "smarter " Siri that uses them, per Bloomberg. AdvertisementAdvertisementBut Apple's lag doesn't mean they haven't been thinking of AI before this year: "We've been doing research across a wide range of AI technologies, including generative AI, for years," Cook told Reuters in August. AdvertisementAdvertisementAnd to be sure, while Apple's AI push may have been muted, it is predominantly a hardware company.
Persons: Siri, , John Giannandrea, Craig Federighi —, Per Forbes, hasn't, Apple, it's, Tim Cook, We've, Cook Organizations: Apple, Bloomberg, Service, Meta, Microsoft, Google, Worldwide, Reuters, Ajax —, Ajax
Late last year, it installed 38 chargers for electric trucks operated by Maersk at two sites in the Los Angeles area. There were 1.8 million conventional medium and heavy duty commercial vehicles operating in the state in 2021, according to data from the California Air Resources Board. Arnold said electric charging sites might be more lucrative than traditional industrial outdoor storage properties. The EV-charging business' chicken-and-egg problemOne of the biggest constraints to the development of charging sites is the availability of power. PDS operates about 320 diesel rigs, Gillis said, but because of the rules, will purchase "20 to 30 electric trucks" a year to steadily electrify its fleet.
Persons: Henrik Holland, John O'Leary, O'Leary's, Holland, Crawford Arnold, Arnold, Southern California Reuters Arnold, Vernon, Rivian, Gage, Zeina, Azzi, she'd, Jim Hurless, Hurless, Michael Bresnahan, Bresnahan, Elon Musk, Tesla, Greg Pearson, Pearson, Frank Schulz, Marijan Murat, Jim Gillis, Gillis, Emil Abdelshehid, We're, Nikola, Moshe Cohen, Cohen Organizations: Shell, Prologis, Maersk, Daimler Truck North, Mercedes, Freightliner, Government, California Air Resources Board, US Department of Energy, IOS, Investors, Shipping, Southern California Reuters, Amazon, FedEx, UPS, Colorado ., Chateau Energy Solutions, Tesla, Klabin, Getty, Los, Pacific Drayage Services, Los Angeles Department of Water, PDS, Volvo, Inc Locations: Southern California, Danish, Los Angeles, Long, Los Angeles County, Torrance, Daimler Truck North America, California, Vernon, of Long Beach, Newark , New Jersey, Texas, New York City, New Jersey, Colorado, Inland, Fontana, San Bernardino, Brooklyn
The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter. The New York Times on Monday published an editors’ note about its coverage of an explosion on Oct. 17 at a hospital in Gaza City. The initial report, which included a large headline across The Times’s website, led with claims by Hamas government officials that the explosion was caused by an Israeli airstrike. According to the editors’ note, however, The Times’s initial accounts “relied too heavily on claims by Hamas, and did not make clear that those claims could not immediately be verified.”The note continued: “The report left readers with an incorrect impression about what was known and how credible the account was.”Joe Kahn, the executive editor of The Times, speaks with Lulu Garcia-Navarro about the editors’ note and how The Times plans to cover the widening conflict between Israel and Hamas.
Persons: ” Joe Kahn, Lulu Garcia, Navarro Organizations: New York Times, The Times, Times Locations: Gaza City, Israel
A TikToker has put the iPhone 15 Pro's action button to use as a customized coffee-ordering shortcut. He can bypass the app and order Starbucks with the click of a button on his phone. AdvertisementAdvertisementThe new iPhone 15 Pro's action button can make your coffee runs quicker. Pushing the action button triggers certain actions only in specific instances. The iPhone 15 models launched in September, and the new iPhone 15 Pro has been met with criticism since its release.
Persons: , TikToker Brett Turner, Turner, he's, Brett Turner Organizations: Service, Starbucks, Apple, Saturday
Former Electronic Arts mobile gaming executive Mike Verdu joined Netflix as vice president of game development in 2021. Getting existing subscribers to download and play mobile games is a challenge, though, Benes noted. As of September 2023, Netflix's games have been downloaded 70.5 million times, globally, according to data obtained from Apptopia. The beta rollout to limited users Canada and the U.K. included Oxenfree from Night School Studio, a Netflix game studio, and Molehew's Mining Adventure, a gem-mining arcade game. But Netflix is not looking to be a console replacement, Netflix gaming executive Verdu previously told Tech Crunch.
Persons: It's, we've, Greg Peters, Ross Benes, Mike Verdu, Joseph Staten, Benes, Netflix's, Playrix, Candy Crush, King, Peters, Sunny Dhillon, Kyber Knight, Dhillon, Verdu Organizations: Netflix, Intelligence, Electronic Arts, AAA, Night School, Street, Tech, CNBC Locations: Canada
We'll show you where to watch UFC 294 live stream no matter where you are and detail the latest UFC 294 PPV prices. If you plan to watch live, you'll want to set an early alarm, as UFC 294 has a 10 a.m. We'll also guide you step-by-step on how to use a VPN to watch UFC 294, no matter where you are. ET / 7 p.m. BST / 5 a.m. AEDT (Sun)How to watch UFC 294 in the USUS viewers can watch the main event of UFC 294 on ESPN Plus this afternoon at 2 p.m. How to watch UFC 294 everywhere elseIf you're not in the US, you still have a few options to watch UFC 294.
Persons: Kamura Usman, Charles Oliveira, Kamaru Usman, Paulo Costo, Chimaev, today's, Alexander Volkanovski, We'll, McGregor, ExpressVPN, Makhachev, Khamzat Chimaev, Magomed Ankalaev, Johnny Walker, Ikram, Warlley Alves, Said Nurmagomedov, Muin Gafurov, Prelims, Tim Elliott, Muhammad Mokaev, Mohammad Yahya, Trevor Peek, Javid Basharat, Victor Henry, Abu Azaitar, Sedriques Dumas, Mike Breeden, Anshul Jubli, Nathaniel Wood, Muhammad Naimov, Viktoriia, Jinh Yu Frey, Women's, Shara Magomedov, Bruno Silva Organizations: UFC, Brazilian, Etihad Arena, ESPN Plus, ESPN, TNT Sports, Amazon, Apple, PlayStation, Samsung, BT, BT Sport, You'll, LG Locations: Abu Dhabi, Canada, Australia, New Zealand, Germany, Italy, Spain, Poland, Switzerland, Asia, Africa, Brazil
The next time you are at a networking event or dinner party, you can exchange phone numbers with a new colleague or friend just by holding your iPhones near each other. The feature, known as NameDrop, became available when Apple rolled out iOS 17 in September. NameDrop is faster than reciting numbers out loud or trading phones and manually punching in contact information. One drawback: You can't share your email and phone number at the same time, and you can only NameDrop once between two phones unless you delete the contact and start over. Here's how to try it for yourself.
Organizations: Apple Locations: NameDrop
The New York Times Audio app is home to journalism and storytelling, and provides news, depth and serendipity. If you haven’t already, download it here — available to Times news subscribers on iOS — and sign up for our weekly newsletter. In the nearly two weeks since Hamas attacked Israel, a ground invasion of the Gaza Strip by the Israeli military has seemed inevitable. As Israeli troops and tanks mass near Gaza, Patrick Kingsley, our Jerusalem bureau chief, speaks to Lulu Garcia-Navarro about the expected invasion.
Persons: Patrick Kingsley, Lulu Garcia, Navarro Organizations: New York Times Locations: Israel, Gaza, Jerusalem
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