World Shares Are Mostly Higher After Wall Street’s Rally

Shares are mostly higher in Europe and Asia, helped by strong Chinese factory data, following Friday’s rally on Wall Street Shares were mostly higher in Europe and Asia on Monday, helped by strong Chinese factory data, following Friday’s rally on Wall Street. Germany’s DAX added 0.5% to 22,658.00, while the CAC 40 in Paris was…

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UK Asks Social Media Firms to Assess Online Risks by March 31

Britain’s media regulator Ofcom on Monday set social media and other online platforms a March 31 deadline to submit a risk assessment around how likely users are to encounter illegal content on their sites. New laws passed last year require companies like Meta’s Facebook and Instagram and ByteDance’s TikTok to take action against criminal activity…

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China’s Zhipu AI Raises $137 Million as State Funds Bet on AI Race

Chinese artificial intelligence startup Zhipu AI has raised more than 1 billion yuan ($137.22 million) in fresh funding, months after securing a 3 billion yuan investment. The funding round comes amid intensifying competition in China’s AI sector, particularly after rival DeepSeek’s emergence with its large language models that claim to match Western competitors’ capabilities at…

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UK Launches Investigation Into TikTok, Reddit Over Children’s Personal Data Practices

Britain’s privacy watchdog, the Information Commissioner’s Office, on Monday launched an investigation into how TikTok, Reddit and online image sharing website Imgur safeguard children’s privacy. Social media companies use complex algorithms to prioritise content and keep users engaged. However, the fact that they amplify similar content can lead to children being influenced by increasing amounts…

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Microsoft Shutting Down Skype in May

Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011 and which had helped spark a transformation in how people communicate online Microsoft is closing down Skype, the video-calling service it bought for $8.5 billion in 2011, which had helped spark a transformation in how people communicate online. The tech…

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