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Meta Fined $843 Million by EU Over Marketplace Ads Platform
The European Commission said the company tied its classified-ads platform to its flagship social network, undermining competition.Tech - The Wall Street Journal - November 14 -
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.Business - The New York Times - November 14 -
China’s Baidu joins Meta in race to make AI-integrated smart glasses
Launch comes as Chinese internet groups jostle for dominance in hardwareBusiness - Financial Times - November 13 -
Meta ‘hackathon’ devises ways to use AI system in UK public services
Meta asked over 200 programmers in Europe to devise ways of using Llama AI system. Meta’s push to deploy its artificial intelligence system inside Britain’s public sector took a step forward on ...World - The Guardian - November 19 -
Meta Poaches Salesforce Exec to Build AI Business Tools
The goal of the newly formed team at Meta ‘is to make cutting-edge AI accessible to every business.’Business - Inc. - November 20 -
Meta's Threads app launches custom feeds amid Bluesky surge
Meta's Instagram Threads began rolling out a new custom feed feature to give users the ability to build their feeds around the people and topics they are most interested in. The feature was made ...Politics - The Hill - 6 days ago -
Meta removes 2 million accounts related 'pig-butchering' scams
Some major tech companies including Meta are taking steps to combat “pig butchering” scams, which trick Americans out of billions of dollars each year through fake online friendships and romances.Top stories - NBC News - 5 days ago -
Meta removes 2 million accounts accused of 'pig butchering' scams
Meta said Thursday it removed more than 2 million accounts linked to "pig-butchering" investment schemes that leave victims out of large sums of money. These pig-butchering fraud schemes are ...Politics - The Hill - 5 days ago -
Supreme Court allows multibillion-dollar class action to proceed against Meta
The Supreme Court is allowing a multibillion-dollar class action investors’ lawsuit to proceed against Facebook parent Meta stemming from the privacy scandal involving the Cambridge Analytica ...Tech - ABC News - 5 days ago -
Meta loses ground to Bluesky as users abandon Elon Musk’s X
Social media giant’s Threads app makes changes as smaller competitor to X surgesBusiness - Financial Times - 4 days ago -
Google and Meta urge Australia to delay social media ban for children
Google and Meta urged the Australian government to delay a bill banning social media for children under 16, saying more time is needed to evaluate its impact.Top stories - NBC News - Yesterday -
Orange partners with OpenAI, Meta to develop custom African-language AI models
Orange is working with OpenAI and Meta to build custom AI models that can understand West African languages not understood by most conversational systems.Business - CNBC - Yesterday -
TGI Fridays Nears Bankruptcy Filing
The casual-dining stalwart has dealt with slowing sales. A deal to purchase the company fell through earlier this year.Business - The Wall Street Journal - October 31 -
DATELINE FRIDAY PREVIEW: Deadly Dance
Andrea Canning reports Friday, November 15, at 10/9c on NBC.Top stories - NBC News - November 11 -
Recipe (for dogs): Friday Playdate Pizza
Behavioral nutritionist Christine Filardi, founder of BowMeowRaw, offers a recipe for your furry companion: a pizza of their very own. Mangia!Top stories - CBS News - 4 days ago -
Is the stock market open on Black Friday?
What will be open (or closed) on Thanksgiving and Black Friday? Here’s what to expect.Business - MarketWatch - 5 hours ago -
Here’s Why Meta Getting on the AI Search Bandwagon Could Change the Entire Online Ad Market
Meta is taking on Google and Microsoft by developing its own AI search engine. The repercussions for the digital advertising market could be huge.Business - Inc. - October 29 -
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligenceTech - ABC News - October 30 -
Meta’s Next Llama AI Models Are Training on a GPU Cluster ‘Bigger Than Anything’ Else
The race for better generative AI is also a race for more computing power. On that score, according to CEO Mark Zuckerberg, Meta appears to be winning.Tech - Wired - October 31 -
Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target
Don't let the after-hours stock action fool you, Meta delivered one heck of a strong quarter and rosy revenue guidance.Business - CNBC - October 31 -
Samsung falls short of expectations as chipmaker fails to reap AI benefits
Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK HynixWorld - Financial Times - October 31 -
Donald Trump and the autocrats' playbook
‘This is a man who should be nowhere near power’World - Financial Times - October 31 -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - October 31 -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - October 31 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -