Former President Donald Trump's new social media venture is seeking to raise up to $1 billion by selling shares to hedge funds and family offices at several times the valuation it commanded in a deal with a blank-check acquisition firm in October, two people familiar with the matter said.
Facebook owner Meta Platforms Inc said on Wednesday it had removed accounts used by an influence operation originating in China that promoted claims of a fake "Swiss biologist" saying the United States was interfering in the search for COVID-19's origins.
Facebook owner Meta has been told by the UK competition watchdog to sell popular animated images platform Giphy in Britain's first such move against so-called Big Tech in its efforts to bolster regulation of the sector.
Russia will continue slowing down the speed of Twitter on mobile devices until all content deemed illegal is deleted, state communications regulator Roskomnadzor told Reuters, as Moscow continues to make demands of Big Tech.