Net-zero pledges of Google and Amazon slip out of reach, and struggling Meta makes frantic moves
Hello, and welcome to TechScape. I’m your host, Blake Montgomery, the Guardian’s US tech editor, writing to you after a rodeo in rural Texas, where I celebrated Independence Day. Today in tech, we’re discussing how tech giants’ investments in AI are hindering their pledges of climate neutrality, Meta’s frantic search for new lines of business, and Americans’ anger at tech’s political influence.
Revealed: landmark Scottish AI project has no prospect of meeting renewables promise
US residents angry at datacenters ‘being shoved down our throats’ are recalling officials
Americans disgusted at Trump earning $1bn from crypto as president: ‘Obviously a grift’
Tesla sales surpass expectations for second quarter as Musk backlash seems to cool
3,000% bonuses but a growing wealth divide: South Korea grapples with its AI chip boom
China wants to solve the hardest problem in robotics – making hands
What
The post Analyst issues new Meta stock price target after ‘deeply undervalued’ call appeared on BitcoinEthereumNews.com.
Meta Platforms (NASDAQ: META) has received a fresh bullish endorsement on Wall Street after Truist Securities reaffirmed its ‘Buy’ rating and maintained an $840 stock price target. The target implies upside of about 37% from Meta’s press-time price of $612. META one-week stock price chart. Source: Finbold The updated outlook comes as the firm argued that Meta remains deeply undervalued, citing the company’s massive global user base and growing ability to monetize artificial intelligence across its ecosystem. Truist analyst Youssef Squali’s thesis centers on Meta’s unique distribution advantage, which includes more than 3.5 billion daily users, over 200 million small and medium-sized businesses, and more than 10 million advertisers across its platforms. According to the research note, Meta’s AI strategy is increasingly focused on monetization rather than solely compet
Google has updated its Search services privacy settings to allow the company to store and use uploaded media, including images, audio recordings, and video, to train its AI models, a change that was communicated to users via a low-profile email in June and applied by default. The update introduced two new settings, Search Services History […]
Amazon's massive bond sale highlights strong investor confidence in AI-driven growth, potentially reshaping tech industry dynamics.
The post Amazon aims to raise $25B from bond sale in massive AI infrastructure bet appeared first on Crypto Briefing.
In June 2026, Google introduced the Open Knowledge Format (OKF), an open specification for how AI agents organise and exchange knowledge. An OKF bundle is just Markdown files, lightweight YAML metadata, and links between concepts, yet it challenges the assumption that every AI application needs embeddings and vector databases. Because the knowledge base is plain […]
The post OKF: Redefining Knowledge Bases for AI Agents appeared first on Analytics Vidhya.
Proxima Fusion's advancements could accelerate the transition to sustainable energy, but regulatory and funding hurdles may delay widespread impact.
The post Proxima Fusion secures massive backing from RWE and Google as fusion energy race heats up appeared first on Crypto Briefing.
The legal actions against Meta could reshape tech industry standards, impacting user engagement strategies and potentially reducing ad revenues.
The post US states seek $1.4T in penalties from Meta over addiction claims appeared first on Crypto Briefing.
Amazon has announced that Mechanical Turk, its long-running crowdsourcing marketplace, will stop accepting new customers from July 30, 2026. Amazon Web Services described the decision as the result of careful consideration, confirming that existing customers may continue using the service but that no new features are planned, effectively placing the platform in a state of managed decline. […]
