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May 28 top Business and Tech News
Meta to Limit How It Uses Ad Data to Boost Facebook Marketplace in UK
Google to Show AI-Generated Ads on YouTube
Elon Musk's Neuralink Unveils New Brain-Computer Interface
Amazon to Open New Office in Downtown Seattle
Meta to Limit How It Uses Ad Data to Boost Facebook Marketplace in UK
Meta has agreed to a set of changes to its data practices in order to avoid a potential ban in the UK. The company has agreed to stop using data from Facebook users who have not opted in to its advertising platform to boost its Marketplace service. The UK's Competition and Markets Authority (CMA) had been investigating Meta for concerns that it was abusing its market power by using data from users who had not opted in to its advertising platform to boost its Marketplace service. The CMA's investigation found that Meta had a dominant position in the online social networking market in the UK and that it was using its market power to harm competition. Meta has agreed to the CMA's demands and has said that it will implement the changes by the end of the year.
Google to Show AI-Generated Ads on YouTube
Google has announced a new feature that will allow advertisers to create ads that are generated by artificial intelligence. The new feature, called "AI-Generated Ads," will use machine learning to create ads that are tailored to the specific user watching the video. The ads will be created based on the user's interests, demographics, and browsing history. Google says that the new feature will help advertisers to reach their target audience more effectively.
Elon Musk's Neuralink Unveils New Brain-Computer Interface
Elon Musk's company Neuralink has unveiled a new version of its brain-computer interface that can be used to control a computer cursor with just your mind. The new device, called the "Neuralink V2," is smaller and more powerful than the previous version. It also has more electrodes, which allows it to collect more data from the brain. Neuralink says that the new device could be used to treat a variety of neurological conditions, including paralysis and blindness. The company also says that the device could eventually be used to allow people to control computers and other devices with their minds.
Amazon to Open New Office in Downtown Seattle
Amazon has announced that it will open a new office in downtown Seattle. The new office will house up to 25,000 employees. The office will be located in the Denny Triangle neighborhood of Seattle. Amazon says that the new office will help to support its growing workforce in the Seattle area. The company currently employs over 75,000 people in Seattle.