Meta Rabbit Bee - QuikReader

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

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 - November 14

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 - November 14

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 - November 14

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 - 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 - November 19

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. - November 20

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 - November 20

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.

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 - 6 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 - 5 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 surges

Business - Financial Times - 4 days ago

Google and Meta urge Australia to delay social media ban for children

Google and Meta urged the Australian government to delay a bill banning social media for children under 16, saying more time is needed to evaluate its impact.

Orange partners with OpenAI, Meta to develop custom African-language AI models

Orange is working with OpenAI and Meta to build custom AI models that can understand West African languages not understood by most conversational systems.

Business - CNBC - Yesterday

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