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Meta Will Face State Lawsuits Alleging Teen Social Media Addiction

Despite efforts to have two cases dismissed, the parent company of Instagram and Facebook will have a legal reckoning over allegations its platforms harm younger users.

Business - Inc. - October 16

Meta fires staff for ‘using free meal vouchers to buy household goods’

Facebook and Instagram owner reportedly dismisses about 24 workers for abusing $25 meal credit system. Meta, the owner of Facebook and Instagram, has reportedly fired about 24 staff at its Los ...

World - The Guardian - October 17

Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'

Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”

Tech - ABC News - October 17

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 - 6 days ago

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 - 6 days ago

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 - 5 days ago

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. - 3 days ago

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 - Yesterday

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 - Yesterday

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 - 13 hours 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 - 13 hours 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 - 12 hours 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 - 9 hours ago

Reality show star who lived with 4 ‘sister wives’ is stuck in a bitter feud with exes over Arizona cabin

Polyamorous “Sister Wives” star Kody Brown is down to one wife, and after several awkward breakups, the exes want their money back.

Business - MarketWatch - October 16

Hollywood production falls below strike levels as reality TV takes massive hit

Production levels in the Greater Los Angeles area in the third quarter of 2024 were 5% lower than they were during the strikes, according to FilmLA.

Entertainment - Los Angeles Times - October 16

Playing rivalry games in NFL stadiums is a sad — and sadly understandable — reality of college football today

Georgia Tech is getting $10 million to move its rivalry game vs. Georgia off-campus to Mercedes-Benz Stadium.

Sports - Yahoo Sports - October 16

Tony Bennett might be too old school for new college reality, but his timing wasn't great

In declaring that the transactional nature of modern college sports is just too much, Bennett hit his own personal transfer portal, leaving everyone high and dry.

Sports - Yahoo Sports - October 18

San Diego FC reportedly interested in Kevin De Bruyne: Why the possible transfer could become a reality

De Bruyne will be out of contract at the end of the season

Sports - CBS Sports - 5 days ago

Trump supporters who bought his lies about the last election face reality in court

Days before the 2024 election, the FBI continues to arrest alleged Jan. 6 rioters who stormed the Capitol because of Donald Trump's lies about the last election.

Politics - NBC News - 4 days ago

England need to reset after Pakistan’s dynamic spin duo offer reality check | Andy Bull

Ben Stokes’s side may need to go back to basics after spinners Noman Ali and Sajid Khan exposed a lack of focus. The sun was only just coming up in England when the last wicket went down in ...

World - The Guardian - 4 days ago

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