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Instagram head says company is not using your microphone to listen to you (with AI data, it won’t need to)

Instagram head Adam Mosseri posted on his account on Wednesday to dispel the myth that the social networking giant is actively “listening” to its users surreptitiously, in order to target them with relevant ads. The idea that Meta would secretly turn on the microphones on users’ phones to record their conversations is an age-old conspiracy...

EA will be a very different company under private ownership
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EA will be a very different company under private ownership

However, Futter thinks the move from public to private ownership will shift the source of the ever-present demands for consistently rising profits. “All public AAA companies have overemphasized ‘returning value to shareholders’ over taking care of all stakeholder groups, including labor,” he said. “Now, that will be shifted to keeping the company afloat amidst enormous...

ESA will pay an Italian company nearly $50 million to design a mini-Starship
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ESA will pay an Italian company nearly $50 million to design a mini-Starship

The European Space Agency signed a contract Monday with Avio, the Italian company behind the small Vega rocket, to begin designing a reusable upper stage capable of flying into orbit, returning to Earth, and launching again. This is a feat more difficult than recovering and reusing a rocket’s booster stage, something European industry has also...

DJI Mini 3 Pro drone
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DJI loses lawsuit over classification as Chinese military company

A federal judge has rejected drone maker DJI’s efforts to get off a Department of Defense list of Chinese military companies. U.S. District Judge Paul Friedman ruled Friday that the DoD had provided “substantial evidence” that DJI contributes “to the Chinese defense industrial base.” Pointing to the use of modified DJI drones in the conflict...

Swedish company H&M
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Swedish company H&M’s Q3 profit surges 40% as margins improve

Swedish fast fashion retailer H&M Hennes & Mauritz AB has reported an increase of sales in local currencies which rose by 2 per cent year-over-year (YoY) in the third quarter (Q3) ended August 31, 2025, with 4 per cent fewer stores at the end of the quarter compared with the same point in time last...

Pentagon can call DJI a Chinese Military Company, court rules
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Pentagon can call DJI a Chinese Military Company, court rules

Last October, dronemaker DJI sued the US Department of Defense, arguing it should no longer face the stigma of being listed as a “Chinese Military Company” and continue to risk business as a result. While US District Court judge Paul Friedman “cannot conclude” that DJI is “indirectly owned by the Chinese Communist Party,” he found...