Author: bibhuti

Meta’s Oversight Board, the independent governing body that makes policy recommendations to the tech company, said Thursday that Meta’s account deactivations lack due process, violations are doled out without clarity, and there’s little customer support for appeals. The board, which recently received increased funding to continue its work through 2028, launched the investigation into Meta’s account violations policy earlier this year to review a case involving threats of violence against a journalist. The board agreed that Meta was right to permanently disable the account due to the severity of the threats. However, in looking into the matter, the board found…

Strategy’s Bitcoin holdings fell deep into paper-loss territory as BTC traded below the company’s average purchase price, renewing scrutiny of Michael Saylor’s Bitcoin treasury model.Strategy holds 843,706 Bitcoin (BTC) acquired at an average price of $75,699 per coin, with a total cost basis of $63.8 billion. However, the latest Bitcoin downturn sank the value of Strategy’s Bitcoin reserve to $52.6 billion, pushing its unrealized loss to $11.2 billion, according to the company’s dashboard.Strategy’s variable-rate perpetual preferred stock, STRC, has also declined below its intended $100 value and is traded at $94.6 at the time of writing. Strategy’s (MSTR) stock price…

The MIT-led Institute for Artificial Intelligence and Fundamental Interactions (IAIFI) has received renewed support from the National Science Foundation (NSF) for an additional five years, increasing annual funding from $4 million to $4.98 million. The renewal marks a new phase for IAIFI, which has spent its first five years building a research model and an interdisciplinary community around a central premise: that AI can open new ways of doing physics, while physics can help mold better AI systems. Launched in 2020 as part of the National Artificial Intelligence Research Institutes program, IAIFI brings together researchers from MIT, along with Harvard, Northeastern,…

Key Aspects: Carnival Cruise Line will celebrate America’s 250th anniversary with fleetwide events. Seven ships will meet near Celebration Key for a special fireworks display, while three more will gather off San Diego. The cruise line will also honor veterans and military families with community celebrations in several homeport cities. As the United States prepares to celebrate its 250th birthday, Carnival Cruise Line is planning a series of events both at sea and ashore that will span its fleet and several homeport communities. The cruise line announced on June 4, 2026, just one month before the semiquincentennial in July, that it…

Corporate expense management platform Ramp on Thursday said it has raised $750 million at a valuation of $44 billion, nearly tripling its valuation within just a year as investors scramble to grab a part of the fast-growing startup. The funding round was led by ICONIQ, GIC, and Ontario Teachers’ Pension Plan, and saw investments from a slate of new backers such as Goldman Sachs Alternatives, D.E. Shaw & Co., Morgan Stanley Investment Management, Generation Investment Management, Insight Partners, and BroadLight Capital. Several of the company’s previous investors also participated. Ramp said its annualized revenue is currently more than $1 billion,…

You may have heard the rumors of a “monster El Niño.” It’s not the first time we’ve heard forecasts like this in Australia, but this time, they aren’t coming out of nowhere. Early signs in the Pacific have been building for months and forecasts now point to a high likelihood of a moderate to strong El Niño developing in 2026. Source link

Apple on Thursday offered its annual update on the state of the App Store ecosystem ahead of its Worldwide Developers Conference (WWDC) that begins next week. The technology giant said that its App Store facilitated over $1.4 trillion in developer billings and sales in 2025, a figure up from the $1.3 trillion it announced last year around this time. The figure, which includes all business taking place through apps on its platform, is meant to represent how the App Store creates financial opportunities for mobile developers that extend beyond sales from in-app purchases. It also helps to frame Apple’s portion…

Goodwood Racecourse, located on the Goodwood Estate within the South Downs National Park, has submitted plans to build a new Lennox Enclosure as part of a major scheme to improve visitor facilities and secure the long-term sustainability of the venue. The proposals include the demolition of the ageing Lennox Stand and the creation of a grassed terrace, along with new landscaped areas, hospitality units and a reimagined public arrival and circulation experience. An artist’s impression of the proposals (Image: Hopkins Architects) The Lennox Stand was built more than 80 years ago, in 1939, and has been declared unsafe. Key features…

Thursday 04 June 2026 2:04 pm  |  Updated:  Thursday 04 June 2026 2:05 pm Cloudflare, Inc. (NYSE: NET), the leading connectivity cloud company, today announced it has acquired VoidZero, the open source-first company behind the next-generation JavaScript tooling ecosystem Vite. The acquisition will unify VoidZero’s high-performance tooling — including the Vite build tool, Vitest test runner, Rust-based Rolldown bundler and Oxc toolchain — natively into the Cloudflare ecosystem. By merging Cloudflare’s global edge network and Workers developer platform with the modern web’s industry-standard toolchain, Cloudflare is creating a frictionless, one-click deployment stack from local code straight to Cloudflare’s global network. Application…

Yorkshire Building Society will re-open its Gordon Street branch in Glasgow on Monday, June 15, after a temporary closure following the devastating fire on Union Street in March. Evelyn Kenny, branch manager at Yorkshire Building Society, said: “We’re really pleased to be re-opening our Gordon Street branch and welcoming customers back to a place many know and trust. “This has been our home for 25 years. “While the fire didn’t cause any damage to our branch, we’ve taken the time to carry out a full clean and make sure everything looks its best. “We’re looking forward to seeing familiar faces…