Tags: Mark Zuckerberg

Australia's Seven West Media Cuts 150 Jobs, Cites Weak Ad Market, Deal Fallout with Meta

Australia's Seven West Media Cuts 150 Jobs, Cites Weak Ad Market, Deal Fallout with Meta

Seven West Media, one of Australia’s top media networks, announced that it would be laying off 150 of its staff due to weak advertising and as a way of preparing for the end of its commercial deal with social media giant Meta.


Norway Files Complaint Against Meta Over AI Training on User Data

The Norwegian Consumer Council has filed a complaint against Meta over its plans to use the images and posts of users on Facebook and Instagram to train artificial intelligence (AI) models.

Meta Launches First AI-Powered Ad Targeting Program for WhatsApp

Meta has launched its first AI-driven ad targeting program for WhatsApp, marking a significant shift for the privacy-focused messaging app as announced by CEO Mark Zuckerberg at a conference in Brazil.

Ex-Meta Employee Files Lawsuit vs. Company for Alleged Censorship of Palestinian Accounts

A Palestinian-American who previously worked for Meta filed a discrimination lawsuit in a California state court against his former employer for allegedly being biased in its handling of content related to the war in Gaza.


Latest News

Elon Musk Revives Challenge to Mark Zuckerberg for Physical Fight a Day After the Meta CEO's 40th Birthday
Elon Musk has revived his challenge to Mark Zuckerberg for a physical fight a day after the Meta CEO's 40th birthday.
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Meta has decided to shut down its Workplace app to focus on AI and metaverse technologies. This move aligns with CEO Mark Zuckerberg's push for long-term investor patience amidst stock declines triggered by increased AI investment and slower sales growth.
Elon Musk Slams Mark Zuckerberg's Meta for Engaging in 'Super Greedy' Advertising Practices
Elon Musk, who owns the social media platform X, has criticized Meta for being "super greedy" in taking credit for advertisers running campaigns on its platform.
Mark Zuckerberg's fortune dropped by $22 billion in a single day, marking it as the fourth-largest billionaire decrease recorded by the Bloomberg Billionaires Index.
Mark Zuckerberg seeks investor patience as Meta continuously pushes for AI projects, despite warnings and premarket stock decline fueled by increased spending and slower sales growth.
 Facebook, Instagram Parent Company Meta Shares Tumble Amid Continued Push Into AI Development
Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues increasing 27% to $36.46 billion
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Meta's fee-based privacy model, facing opposition from the EU's privacy watchdog, prompts criticism for requiring users to pay for privacy protection, with advocacy groups calling for clarity on the issue.
Big Tech CEOs Testify At Senate Judiciary Committee Hearing
Meta CEO Mark Zuckerberg cleared of personal liability in child addiction lawsuits. US District Judge dismisses claims, emphasizing the necessity of a "special relationship" for liability. Meta remains liable, and lawsuits are ongoing.
Mark Zuckerberg is now the world's third richest person after dethroning Elon Musk. Mark Zuckerberg is now the world's third richest person after dethroning Elon Musk, marking a shift in the fortunes of these tech billionaires.
In May 2024, Meta plans to add the phrase "Made with AI" to content generated or manipulated by AI, citing transparency and the desire to prevent needless limitations on free speech.
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