Latest in Meta Fined 798m
Sort by
217 items
-
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 -
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 -
Activist investor ValueAct has $1 billion stake in Meta, sources say
Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.Business - CNBC - November 12 -
Meta must face trial in FTC antitrust lawsuit, judge rules
A federal judge ruled Wednesday that Meta must face trial in an antitrust case brought by the Federal Trade Commission (FTC) over the social media giant’s acquisitions of Instagram and WhatsApp. ...Politics - The Hill - November 13 -
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 - 5 days ago -
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. - 4 days ago -
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 - 4 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 - 3 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 - 3 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 - 2 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 - Yesterday -
Saturday Sessions: The Red Clay Strays perform "I'm Still Fine"
The Red Clay Strays is one of music's fastest rising bands. Formed in 2016 in Mobile, Alabama, this rock and roll band fronted by singer Brandon Coleman cuts its teeth playing gigs at local venues ...Top stories - CBS News - October 26