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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. - 3 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 - 2 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 - 2 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 - Yesterday
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 surges
Business - Financial Times - 18 hours ago
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 - October 26
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 intelligence
Tech - 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 Hynix
World - 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 borrowing
World - 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 analysts
World - 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 result
World - Financial Times - October 31
Making sense of sentiment

And Trump equity trades
World - Financial Times - October 31
Stellantis hit by sales slide in US and Europe

Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventory
World - Financial Times - October 31
South Korea fines Meta $15 million for illegally collecting information on Facebook users

South Korea’s privacy watchdog has fined Meta 21.6 billion won for illegally collecting Facebook users’ sensitive personal information, including data about their political views and sexual ...
Tech - ABC News - November 5
Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands

Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for EU users to comply with regulatory demands in the region.
Business - CNBC - November 12
Team Meta? Team Alphabet? A noted tech analyst weighs in and so does Jim Cramer

Cramer sees merit in MoffettNathanson's buy calls on Alphabet and Meta.
Business - CNBC - November 12
EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices

EU fines Facebook parent Meta nearly 800 million euros over 'abusive' Marketplace practices
Tech - ABC News - November 14
Meta fined nearly €800mn for breaking EU law over classified ads practices

Facebook is undermining rivals by ‘tying’ its free Marketplace services with the social network, Brussels says
World - Financial Times - November 14
EU slaps Meta with a nearly 800 million euro fine for engaging in 'abusive' Marketplace practices

European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business
World - ABC News - November 14
Meta Lobbyist Turned Regulator Says Europe’s Big Tech Rules Have Gone Too Far

Aura Salla was once the tech giant’s top lobbyist in Brussels. Now, her presence as a regulator in the European Parliament is proving controversial.
Tech - Wired - November 15
Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here’s how

Artificial intelligence is a powerful tool in Meta Platforms' arsenal, and if it's optimized, it can contribute to earnings per share growth.
Business - CNBC - November 16
EU fines Meta over $840 million for ‘abusive practices’ favoring Facebook Marketplace

Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to market domination after three years of legal proceedings. The ...
Politics - The Hill - November 16
Meta is ‘reckless’ in ‘need-to-know situations’, Canada warns Australia as it braces for early bushfire season

Heritage minister says Facebook made ‘room for misinformation’ after turning news off in 2023 as Australia mulls actions that could lead to Meta doing the same. Follow our Australia news live ...
World - The Guardian - 12 hours ago

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