Meta Hackathon Devises

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 - 6 days ago

EU slaps Meta with nearly 800M euro fine for '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

Tech - ABC News - 5 days ago

Meta Fined $843 Million by EU Over Marketplace Ads Platform

The European Commission said the company tied its classified-ads platform to its flagship social network, undermining competition.

Tech - The Wall Street Journal - 5 days ago

Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly

Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.

Business - The New York Times - 5 days ago

China’s Baidu joins Meta in race to make AI-integrated smart glasses

Launch comes as Chinese internet groups jostle for dominance in hardware

Business - Financial Times - 6 days ago

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 generations

Tech - 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 - 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