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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 - 4 days ago -
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 - 4 days ago -
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 - 3 days 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.Business - CNBC - 3 days ago -
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 - 3 days ago -
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. - 3 days ago -
Meta Fined $15 Million in South Korea for Illegal User Data Collection
The country’s privacy watchdog said Meta amassed sensitive information by analyzing users’ likes and the ads they opened.Business - Inc. - 3 days ago -
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 - Yesterday -
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 - 22 hours ago -
Meta’s Oversight Board says viral video left on Facebook threatened LGBTQ+ people in Nigeria
Meta’s oversight board has expressed serious concern over the company’s failure to take down a viral graphic video showing two men bleeding after they were apparently beaten up for being allegedly gayTech - ABC News - October 15 -
Meta Quest 3S VR Headset Launches Today - Get Batman: Arkham Shadow For Free
Meta Quest 3S (128GB) + Batman: Arkham Shadow Bundle $300 | Bundle with Elite Strap to save ...Tech - GameSpot - October 15 -
Meta Introduces Spirit LM open source model that combines text and speech inputs/outputs
Spirit LM Expressive incorporates emotional cues into its speech generation and can detect and reflect anger, surprise, or joy.Tech - VentureBeat - October 19 -
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 generationsTech - 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