Meta Fined Million - QuikReader

Massachusetts judge rules Meta must face state's social media lawsuit

A Massachusetts Superior Court judge has ruled Meta must face a state lawsuit, alleging the company knowingly designed and deployed features harmful to young online users. Suffolk County Superior ...

Politics - The Hill - October 18

Facebook and Instagram to delete ads that use celebrities without their consent

Celebrities including Elon Musk and Martin Lewis repeatedly feature in ads for products they have not endorsed.

Meta again testing facial recognition software to fight 'celeb bait' scams

Meta, the parent company of Facebook and Instagram, is testing facial recognition software to combat “celeb bait” scams on its platforms, as well as to allow users to more easily regain access to ...

Politics - The Hill - October 22

Meta bans jet-tracking accounts that post updates on Trump, Musk and Zuckerberg

Meta followed Elon Musk's lead, banning jet-tracking accounts run by Jack Sweeney. The accounts posted locations of jets used by Donald Trump and Taylor Swift.

Meta Bans Accounts That Track Celebrity Jet Travel, Including for Zuckerberg

The suspensions mirror decision Elon Musk made in 2022 to ban similar accounts on Twitter after he acquired the platform.

Tech - The Wall Street Journal - October 22

Meta Quest 3S Review: The Best Headset for VR Noobs

Meta’s most affordable VR headset is cheap, light, and easy to use. Just don’t expect to wear it too long, as the battery life isn't great.

Tech - Wired - October 23

Meta Platforms Defeats Shareholder Lawsuit Over Child Safety Claims

The plaintiffs said Meta misled them about how it makes Instagram and Facebook safe for younger users. A federal judge in San Francisco disagreed.

Business - Inc. - October 23

EY and Meta Fired Workers for Stretching the Rules: What Would You Do?

EY employees watched multiple training videos at once. Meta employees used meal vouchers for non-food items. Here’s how employers should evaluate breaches like these, one expert says.

Business - Inc. - October 23

Velan Studios readies launch for Bounce Arcade VR game for Meta Quest

Velan Studios announced its VR pinball game Bounce Arcade is available for pre-order on Meta Quest and will debut on November 21. In the game, you enter the machine and play pinball like you’ve ...

Tech - VentureBeat - October 24

Meta just beat Google and Apple in the race to put powerful AI on phones

Meta has launched compressed AI models that run directly on smartphones, making artificial intelligence faster and more private while using less memory than cloud-based alternatives.

Tech - VentureBeat - October 24

Cramer’s week ahead: Earnings from Alphabet, Meta, Apple, Microsoft and Amazon

CNBC's Jim Cramer on Friday urged investors to keep a level head during next week's busy slate of corporate earnings and influential economic reports.

Business - CNBC - October 25

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 - 6 days ago

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 - 6 days ago

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 technology

Business - Financial Times - 5 days 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 - 5 days 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 - 6 days ago

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 - 5 days ago

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. - 4 days ago

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 intelligence

Business - Financial Times - Yesterday

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 - 4 days ago

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 - 5 days ago

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 - Yesterday

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 - 13 hours ago

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.