Latest in Meta’s Reality
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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 -
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 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 -
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 -
At stake on Election Day: The reality of the presidency
CBS News' John Dickerson on the knowns and unknowns that either Kamala Harris or Donald Trump will face in leading our country into an uncertain future.Top stories - CBS News - November 3 -
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 - 3 days ago -
Starmer to pledge to ‘embrace fiscal reality’ in the Budget
UK prime minister is facing growing criticism that planned tax rises will hit ‘working people’Business - Financial Times - October 27 -
Tax rises needed to avert austerity, Starmer says
The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.Top stories - BBC News - October 28 -
Volpe makes dreams a reality, sparks Yanks in G4
Anthony Volpe's performance in Game 4 -- one that included a game-changing grand slam to keep the Yankees alive in the World Series -- was something he envisioned "probably every night" growing up.Sports - ESPN - October 30 -
AMD’s stock is getting hurt by this ‘unpalatable’ reality
One analyst says that AMD’s muted guidance is unlike what Wall Street has come to expect of “AI names.”Business - MarketWatch - October 30 -
Trump’s trade remedies reflect America’s troubled reality
Our partners shouldn’t blame us for a shift aimed at solving the problems they have causedWorld - Financial Times - November 1 -
Celtic slip into their 'A-game' as Aberdeen get reality check
Brendan Rodgers says Celtic "had to bring our A-game" to deliver the first defeat of Jimmy Thelin's Aberdeen reign with a resounding 6-0 win that seals a place in the Scottish League Cup final.Top stories - BBC News - November 2 -
'It's the reality' - will it take fewer points to win Premier League?
Manchester City manager Pep Guardiola predicts fewer points will be required to win the Premier League this season - but do the stats back that up?Top stories - BBC News - November 3 -
TikTok moderators share reality of locating horrific videos
The BBC speaks to social media moderators, whose job it is to find and remove distressing and illegal content.Top stories - BBC News - November 11 -
How Corporate Speak Obscures Realities in Business
George Orwell, one of the 20th century’s greatest writers, has advice that resonates today.Business - Inc. - November 17 -
Donald Trump gets a brutal reality check
The implosion of Matt Gaetz’s nomination for attorney general reveals the president-elect isn’t all-powerful despite the Republican trifecta in government.Politics - Politico - 3 days ago -
Generative AI: Separating Hype From Reality
The technology may transform business. But it clearly isn’t there yet.Business - The Wall Street Journal - 2 days ago -
Donald Trump gets a brutal reality check
The implosion of Matt Gaetz’s nomination for attorney general reveals the president-elect isn’t all-powerful despite the Republican trifecta in government.Politics - Politico - 3 days ago -
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 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 -
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