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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 - 2 days ago -
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 - Yesterday -
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 - Yesterday -
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 - 9 hours ago -
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 - 9 hours ago -
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 - Yesterday -
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 - 17 hours ago -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - Yesterday -
Chinese sanctions hit US drone maker supplying Ukraine
Beijing’s move leaves California company rushing to find new battery providersWorld - Financial Times - 12 hours ago -
Meta’s Oversight Board says viral video left on Facebook threatened LGBTQ+ people in Nigeria
Meta’s oversight board has expressed serious concern over the company’s failure to take down a viral graphic video showing two men bleeding after they were apparently beaten up for being allegedly gayTech - ABC News - October 15 -
Meta Quest 3S VR Headset Launches Today - Get Batman: Arkham Shadow For Free
Meta Quest 3S (128GB) + Batman: Arkham Shadow Bundle $300 | Bundle with Elite Strap to save ...Tech - GameSpot - October 15 -
Meta Introduces Spirit LM open source model that combines text and speech inputs/outputs
Spirit LM Expressive incorporates emotional cues into its speech generation and can detect and reflect anger, surprise, or joy.Tech - VentureBeat - October 19 -
GoFundMe bets social media can unlock Gen Z giving
New GoFundMe tools will make it easier to circulate causes across online platforms in a push to cater toward younger generationsTech - ABC News - October 21 -
Meta Fired a $400K-a-Year Employee for Charging Toothpaste to the Company. It Was Actually a Very Smart Move
It may seem ridiculous to nickel-and-dime your employees like this, but it makes sense for Meta to enforce smaller rules.Business - Inc. - October 22 -
Jet-tracker who watched Zuckerberg, Trump, Musk says Meta has banned his accounts
Meta has removed accounts that track the plane movements of its CEO Mark Zuckerberg, X owner Elon Musk, Jeff Bezos, Kim Kardashian, former President Trump and others, account owner Jack Sweeney ...Politics - The Hill - October 22 -
A court says former Albanian president Meta must stay in custody during corruption investigation
An Albanian court has ruled that former President Ilir Meta should stay in custody while the left-wing Freedom Party leader faces allegations of corruption, money laundering and the hiding of ...World - ABC News - October 23 -
Bernstein naming Meta the new 'set-it-and-forget-it' stock comes down 2 things
The analysts cited the strength of Meta's core advertising business and the monetization of artificial intelligence.Business - CNBC - October 24 -
Zuckerberg 2.0: why has Meta boss ditched drab hoodies in jazzy makeover?
Get ready for a silk shirt undone to the navel, necklaces and big T-shirts, all aimed at humanising Meta’s founder. For more than 20 years Mark Zuckerberg has made a Macbook grey T-shirt and ...World - The Guardian - 5 days 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. - 2 days ago -
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 - Yesterday -
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 - Yesterday -
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 - Yesterday