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Almost a year after US President Joe Biden signed the Inflation Reduction Act into law, American consumers are

Intel Corp. shares gained after the chipmaker gave a bullish revenue forecast for the current period, indicating that

DoorDash Inc., the US food-delivery service that competes with Uber Technologies Inc. and GrubHub, is looking to speed

Google is now rolling out an AirTag-detection system for Android. Initially announced at Google I/O

House Judiciary Chair Jim Jordan announced Thursday that he is scrapping his plans to move forward with a contempt vote in light of Facebook turning over more documents to the committee.

In a scathing letter sent to key federal agencies, Senator Ron Wyden called for multiple investigations of Microsoft

Researchers observed conservatives engaging more with false news stories on Facebook than liberals during the US 2020 presidential

The transparent novelty phones were a fixture in many a teenager's bedroom.

President Joe Biden said extreme heat is costing the US $100 billion a year and linked it directly

The new iPhone 15 is widely rumoured to have a mysterious button on its side – and we might finally know what it does. Apple rumours have long suggested that the new iPhone 15 could swap the current mute switch on the side of the phone for a single button. But it was unclear what the button would actually do. The Apple Watch Ultra has a very similar feature, named the action button, which can be programmed for a variety of features. It can be used to open a workout or turn on the torch, for instance. The iPhone 15’s button appears to be designed to do the same, according to the latest leak, but with features that are more aimed at how people use their phone. That is according to Macrumors, which reported that it had found new code in the latest iOS 17 beta that included a list of names that seem to indicate what the button could be used for. The features are: accessibility, shortcuts, silent mode, camera, flashlight, focus, magnifier, translate and voice memos, Macrumors reported. Many of them appear to refer to individual apps that would presumably be opened with a press of the button. The camera and voice memos already have their own apps, and flashlight and magnifier are features that can be opened from other parts of the iPhone already. Accessibility would presumably open shortcuts that are currently available to allow people to adjust the iPhone to their needs. That would most likely allow people to switch on tools such as VoiceOver, which narrates what is happening on the screen, for instance. Silent mode would seem to replicate the mute switch that is currently in the place of the action button. And shortcuts and focus would presumably allow for users to open the quick programmable shortcuts and focus modes that currently allow users to streamline the software experience on the iPhone. Apple is rumoured to be preparing four new iPhones for release in September, though recent reports have suggested that the release of at least some of them could be pushed into October. The company is once again planning two sizes of both the Pro and normal models of the iPhone 15, but only the Pro version is expected to have the new button. Read More iPhone users urged to check their photo library amid fears they could be deleted Rumours are growing about some bad iPhone news Apple ‘secretly working on its own AI chatbot’

Mark Zuckerberg’s big bet on the metaverse has now lost $40 billion – and the company intends to lose even more. The huge figures were revealed as part of Meta’s latest results, which generally showed a strong rise in advertising revenue. But they also showed an increase in expenses at the company, with the development not only of the metaverse but also artificial intelligence and legal fees. Meta has been dramatically cutting costs and laying off staff. But at the same time it has been spending heavily on some projects, such as the metaverse, in the face of criticism from those who suggest that the bet is unlikely to pay off. That work on the metaverse is done by the company’s Reality Labs unit, which is responsible for developing technology like augmented reality glasses. It reported sales of $276 million, down from $452 million in the same quarter last year. The unit lost $3.7 billion in the second quarter, putting it on track to have far higher costs than the $5 billion annual target set out in a widely circulated investor note in the fall. The unit has lost more than $40 billion since 2021, including $13.7 billion last year. Meta said it expected Reality Labs operating losses to “increase meaningfully” in 2024 as the company continued to invest in augmented and virtual reality and “scale our ecosystem.” Zuckerberg had previously said Meta would “pace” investments in the division after 2023. He told investors he understood why many of them would feel discomfort over such a long-term bet. But the positive results across the company pushed Meta shares up 7.5 per cent. “We continue to see strong engagement across our apps and we have the most exciting roadmap I’ve seen in a while with Llama 2, Threads, Reels, new AI products in the pipeline, and the launch of Quest 3 this fall,” Meta chief executive Mark Zuckerberg said. Meta’s second-quarter revenue grew 11% to $32 billion in the quarter ended June 30, compared with analysts’ average estimate of $31.12 billion. Ad revenue rose 12% in the quarter, faster than growth at Google, where ad revenue rose 3%. Adjusted earnings per share of $2.98 topped Wall Street targets of $2.91, according to data from Refinitiv. The social media giant has been climbing back from a bruising 2022, buoyed by hype around emerging AI technology and an austerity drive in which it has shed around 21,000 employees since last fall. The company’s shares have more than doubled in value this year as a result. Advertisers are reinforcing those gains by pumping money into digital ads again after months of muted spending, heartened by signs that the economy may overcome a bout of high inflation without suffering a major meltdown. Brands are hedging their bets, however, and sticking with tried and true platforms. That helps Meta and Alphabet while punishing smaller players like Snap, which reported disappointing sales on Tuesday. Meta’s revenue forecast did not specify whether the figure includes any sales that might come from the recently launched Threads app, which does not yet have ads. Additional reporting by Reuters Read More Elon Musk’s ‘X’ is already trademarked by Mark Zuckerberg How Mark Zuckerberg’s new ChatGPT rival could lead to ‘obscene’ AI Meta unveils its ChatGPT rival Llama Here’s how to claim your share of $725m settlement in Facebook’s privacy lawsuit Elon Musk forces firms to pay X $1,000 to keep gold ticks Slack has stopped working

The tech giant claims millions of people were sent a warning before the deadly earthquake earlier this year.