The tech industry is throwing generative AI at everything it can think of to see what sticks in the hopes of developing the next big thing.
Improved earnings estimates for a few select tech companies show why their stocks are outperforming peers.
BRUSSELS (Reuters) -Meta Platforms was hit with privacy complaints on Thursday as eight EU consumer groups asked watchdogs to act against the Facebook owner for alleged breaches of the bloc's privacy rules when it collects user data. The complaints by consumer groups in the Czech Republic, Denmark, France, Greece, Norway, Slovakia, Slovenia and Spain to data protection authorities in their countries add to previous grievances over Meta's trove of user data. The consumer bodies said Meta is not complying with General Data Protection Regulation (GDPR) rules on fair processing, data minimisation and purpose limitation, with no legal basis to the company's data collection and processing.