23 million families received money through the program. The White House asked for an additional $6 billion to extend it but didn't get the funds from Congress
The tech giant's chief executive Satya Nadella is on a three-nation tour of Southeast Asia -- Indonesia, Thailand and Malaysia -- to announce a range of investments in data centres, AI and cloud services.
The founder of cryptocurrency firm Binance was sentenced to four months in US prison on Tuesday after pleading guilty to money laundering charges, in the most high-profile crypto case since Sam Bankman-Fried was jailed.
Amazon shares were up about one percent in after-market trades that followed release of the earnings figures, with Wall Street keeping a close eye on the impact of AI as well as costs involved.
Satya Nadella held talks with President Joko Widodo, popularly known as Jokowi, at Jakarta's presidential palace before delivering a keynote speech about AI in the Indonesian capital.
Microsoft, the tech titan most closely associated with AI, has announced nearly $10 billion in investments in artificial intelligence abroad in recent months, the price it is willing to pay to remain a top player in this crucial market.
Chinese tech giant ByteDance has said it has no plans to sell TikTok after a new US law put it on a deadline to divest from the hugely popular video platform or have it banned in the United States.
The company founded by Mark Zuckerberg said that net profit in the January to March period rose to $12.4 billion with total revenue, mainly from selling ads, up an impressive 27 percent, at $36.5 billion.
The American Psychological Association said that young people, whose brains are not fully developed yet, are less able to disengage from addictive experiences
Mainland China has some of the world's most extensive internet censorship, with web users unable to access everything from Google to many foreign apps without workarounds such as a virtual private network (VPN).
Another Musk-owned business, satellite internet operator Starlink, is set to receive initial approvals to operate in India, a government source told AFP.
More than half of the money spread across five funds is dedicated to a "growth" strategy for late-stage startups, possibly bringing new life to a moribund trend of young companies being bought or going public with offerings of stock.
The move by what is referred to as a Meta "supreme court" for content moderation disputes comes just months after the widespread sharing of lewd AI-generated images of megastar Taylor Swift on X, formerly Twitter.