Big Tech

US President Joe Biden signed legislation that could lead to a nationwide ban on TikTok if parent company ByteDance doesn’t agree to sell its US assets over a nine-month time span.

Meta Platforms CEO Mark Zuckerberg used its Q1 earnings call to outline a plan to enable AI across all its products and services, but cautioned it could take time for the move to boost its bottom line.

Meta Platforms unveiled a plan to open up its Quest headset operating system to third-party hardware companies, in an attempt to increase adoption of AR/VR applications and services.

The US House of Representatives moved to fast-track legislation forcing TikTok’s Chinese parent company ByteDance to divest a stake in the short form video app or face a ban from operating in the country.

Alphabet's Google trimmed an unspecified number of employees from its workforce, a move it stated is part of a wider restructuring intended to simplify operations and increase efficiency.

The CEO of Google’s AI division DeepMind Demis Hassabis reportedly the company was likely to spend north of $100 billion developing artificial intelligence technology.

Cisco rounded up eight technology companies including Microsoft, Google and IBM to form a consortium targeting training programmes for roles most likely to be affected by AI, complementing the work of a partnership between the US and European Union (EU).