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Meta faces day in court
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Meta to face trial in FTC antitrust suit Meta must face trial in an antitrust case brought by the ...Politics - The Hill - November 13 -
Cop 29 live: Argentina’s negotiators ordered to withdraw from climate summit; French minister cancels trip
France’s ecology minister cancels after Azerbaijan’s president attacks French actions in overseas territories. Mian Muhammad Shehbaz Sharif, Prime Minister of Pakistan, has joined a chorus of ...World - The Guardian - November 13 -
Meta misses on user growth, warns of 2025 jump in AI spending
Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.Business - CNBC - October 30 -
Meta Reports Record Revenue, Slower Ad Growth
The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.Tech - The Wall Street Journal - October 31 -
Meta and Microsoft Won’t Stop Spending on AI
Both tech giants reported strong third quarters but their stocks fell anyway.Business - Inc. - October 31 -
Facebook's parent company, Meta, facing courtroom battle
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch ...Top stories - CBS News - November 14 -
Meta fined €798m over 'unfair' Facebook Marketplace
The European Union says the tech giant crowded out rivals, breaching competition law.Top stories - BBC News - November 14 -
Meta Finally Breaks Its Silence on Pig Butchering
The company gave details for the first time on its approach to combating organized criminal networks behind the devastating scams.Tech - Wired - 2 days ago -
Cramer’s week ahead: Earnings from Alphabet, Meta, Apple, Microsoft and Amazon
CNBC's Jim Cramer on Friday urged investors to keep a level head during next week's busy slate of corporate earnings and influential economic reports.Business - CNBC - October 25 -
Meta AI to Use Reuters Content to Answer User Questions in Real Time
Meta AI didn’t share whether it would use Reuters content to train its large-language model.Business - Inc. - October 27 -
Meta’s stock is up 500% in two years. Is it still a ‘set-it-and-forget-it’ play?
Meta reports earnings on Wednesday afternoon.Business - MarketWatch - October 29 -
Markey urges Meta to relaunch research initiative for 2024 election
Sen. Ed Markey (D-Mass.) on Wednesday urged Meta, the parent company of Facebook and Instagram, to enable independent academic researchers to study the impact of its platforms on the 2024 election ...Politics - The Hill - October 29 -
Apple, Meta and Amazon must show the stock market that AI spending is paying off
Big-tech bellwethers facing scrutiny on whether they are meeting competitive challenges.Business - MarketWatch - October 30 -
Meta’s Reality Labs posts $4.4 billion loss in third quarter
Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.Business - CNBC - October 30 -
Meta sees AI spending accelerating as earnings top forecasts
Mark Zuckerberg cites the potential for ‘strong’ returns in coming years on heavy investments in new technologyBusiness - Financial Times - October 31 -
Meta Earnings Show Revenue Increase, Even as Spending Spree Continues
The Silicon Valley company, which owns Facebook, Instagram and WhatsApp, said it does not plan to slow down its investments anytime soon.Business - The New York Times - October 31 -
Even Mark Zuckerberg seems surprised by Meta's pace of spending on AI
Meta CEO Mark Zuckerberg explained on the earnings call how the speed of Meta's AI technology buildout led the company to lift guidance for capex.Business - CNBC - October 31 -
With Reality Labs, Meta risks heading down slippery slope of overspending again
Zuckerberg said that he is going to keep building out Meta’s infrastructure and data centers, because the opportunity is so huge, even if investors don’t like it.Business - MarketWatch - October 31 -
Meta’s Llama Used to Develop AI Model for China’s Military
Researchers connected to the People’s Liberation Army created a chatbot model based on Meta’s Large-Language Model AI.Business - Inc. - November 1 -
Meta’s plan for nuclear-powered AI data centre thwarted by rare bees
Environmental issue disrupts search for energy deals amid a Big Tech race over artificial intelligenceBusiness - Financial Times - November 4 -
Meta unveils AI tools to give robots a human touch in physical world
Meta unveils three tools and benchmarks to enhance robot touch perception, dexterity, and human-robot collaboration in real-world settings.Tech - VentureBeat - November 2 -
Meta makes its MobileLLM open for researchers, posting full weights
Developers and researchers interested in testing MobileLLM can now access the models on Hugging Face, fully integrated with the Transformers library.Tech - VentureBeat - October 31 -
Meta Permits Its A.I. Models to Be Used for U.S. Military Purposes
The shift in policy, covering government agencies and contractors working on national security, is intended to promote “responsible and ethical” innovations, the company said.Tech - The New York Times - November 5 -
Meta extends ban on new political ads past Election Day
Meta extends restriction period for new political ads throughout the week of the U.S. elections.Business - CNBC - November 5 -
OpenAI hires Meta's former Orion head to lead its robotics efforts
The former head of Meta's augmented reality glasses initiative has joined OpenAI to lead the startup's robotics and consumer hardware efforts.Business - CNBC - November 5 -
Meta extends political ad ban until post-Election Day
Meta extended the ban on new political ads on its platforms through Election Day, the social media giant announced Monday. The parent company of Facebook and Instagram said the restriction on new ...Politics - The Hill - November 5 -
Meta Extends Ban on New Political Ads to After Election
The extra days when the tech giant’s platform won’t take new ads reflects widespread concerns about misinformation.Business - Inc. - November 5 -
Meta Fined $15 Million in South Korea for Illegal User Data Collection
The country’s privacy watchdog said Meta amassed sensitive information by analyzing users’ likes and the ads they opened.Business - Inc. - November 5 -
Under Trump, Tech Giants Like Apple and Meta Face a Familiar Uncertainty
Apple, Amazon, Google, Meta and others learned during the last Trump administration to expect the unexpected when it came to Washington scrutiny and support.Business - The New York Times - November 7 -
Lawsuit Against Meta Over Section 230, Tech Shield Law, Is Dismissed
A professor sued pre-emptively to release software that would let users automatically unfollow everyone in their Facebook feed.Tech - The New York Times - November 8 -
Meta Horizon Worlds Has Been Taken Over by Children
Lowered age restrictions and cheaper VR headsets have led to young kids hijacking the metaverse. Maybe we should let them keep it.Tech - Wired - November 12