NEWS

ADVERTISEMENT
3rd party Ad. Not an offer or recommendation by techgolly.com.

Latest NEWS

Meta Bans Ads Recruiting Plaintiffs for Addiction Lawsuits

Key Points: Meta is pulling ads recruiting plaintiffs for lawsuits alleging platform addiction in young users. Meta spokesperson stated they won't allow lawyers to profit from platforms they claim are harmful. The move follows two significant trial losses for Meta in California and New Mexico. Thousands of lawsuits regarding social media addiction and harm to youth are pending against major tech companies. Meta Platforms announced...

SpaceX Reports Nearly $5 Billion Loss in 2025, The Information Says

Key Points: SpaceX reportedly incurred a loss of nearly $5 billion in 2025. The reported loss includes Musk's AI startup, xAI, acquired by SpaceX. SpaceX, the world's most active launch company, plans interplanetary travel and orbital AI data centers. The company is seeking a public listing with a potential valuation over $1.75 trillion. Elon Musk's SpaceX, which is preparing for an initial public offering (IPO),...

Oil Prices Rise Amid Saudi Production Cuts, Geopolitical Tensions

Key Points: Oil prices rose after Saudi Arabia reported reduced production capacity due to attacks. Saudi Arabia's capacity is down by 600,000 barrels/day, affecting crude exports. The Strait of Hormuz remains a critical point of tension, affecting global oil flows. US and Japan are tapping reserves to counter supply disruptions and rising costs. Oil prices increased for a second day after Saudi Arabia announced a...