GM. This is Take Off, the DJ of the tech world. We'll spin the latest tracks, remixes, and mashups that keep your tech knowledge in tune and your portfolio dancing to the beat.

Here's what we're serving up today:

• Uh Oh! Zuck’s in Trouble. AGAIN! 🚸❌

• Qualcomm’s Earnings Qualms 😟📉

• Asteroids ☄️

• ToolBox Thursdays ⚒️

Uh Oh! Zuck’s in Trouble. AGAIN! 🚸❌

Guess who's in hot water? It’s Zuck, again!

The FTC is wagging its finger at the social media giant for allegedly violating a bunch of child privacy protections, including Children’s Online Privacy Protection Act (COPPA).

Incase you're wondering what COPPA is, we have no idea ourselves but just know it’s serious or at least sounds serious. Right?

The agency claims Meta didn't play by the rules of a 2020 privacy order tied to the Cambridge Analytica drama. We all remember that one just fine.

Apparently, Meta misled parents on their control over kiddo convos on Messenger Kids and fibbed about third-party app access to user data.

To fix this mess, the FTC wants to ban Meta from making bank off the data of users under 18.

They'd also need a privacy assessor's thumbs-up for new products and services, and user consent for facial recognition tech. These rules would apply to Meta's whole gang, like Facebook, Instagram, Oculus, and WhatsApp.

Meta's response? REVOLT!

They're calling it a "political stunt" and gearing up for a fight. Meta has 30 days to reply, and then the FTC will decide what's next.

Qualcomm’s Earnings Qualms 😟📉

Hey there, chip-lovers! Wait, not Doritos, we're talking computer chips! Qualcomm released their not-so-impressive earnings report yesterday which didn’t sit well with Wall Street.

It seems like their bread and butter, handset chip sales dropped 17% from last year!

This larger-than-normal chip revenue decline comes mainly due to “to the timing of purchases by a modem-only handset customer”, said Qualcomm.

Well, you don't need to be Sherlock Holmes to guess they’re talking about Apple since they announced a couple of months that they’ll be breaking up with them to manufacture their own chips.

So much for the mystery Qualcomm!

Qualcomm's shares took a 6.5% tumble in extended trading, and the company's net income during the quarter fell 42% to a mere $1.70 billion.

How did the different business segments fared?

• QCT (the one with smartphone processors, automotive chips, and other fancy electronics) saw its revenue drop 17% to $7.94 billion. 

• QTL (their licensing segment) reported an 18% decrease in revenue to $1.29 billion.

• Automotive business grew 20% during the quarter, racing to $447 million in revenue!

☄️ Asteroids ☄️

Airbnb's going back to basics with a renewed focus on private room rentals, aiming to help budget-conscious globetrotters save some dough while still scoring a cozy spot to crash.

Gmail gets Blue Checkmarks as well. Gmail's stepping up its game with blue checkmarks for verified senders, so now you can feel like you're receiving emails from email celebs!

⚒️ ToolBox Thursdays ⚒️

AI Hits - AI music top charts!

Pineapple - A simple AI-powered website builder.

Docs AI - Create AI support agents with your documents.

Guidde - Create video documentation instantly with the power of AI.

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