Meta

Mark Zuckerberg’s Meta Reality Labs Loses $45 Billion in 4 Years As AR/VR Falls Short

Mark Zuckerberg’s Meta Reality Labs Loses $45 Billion in 4 Years As AR/VR Falls Short

Meta’s Reality Labs has reported $45 billion in losses over the past four years due to chaotic management and frequent leadership changes. Further losses are expected as the division struggles in a competitive AR and VR market.

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chatgpt

OpenAI Launches ‘GPT-4o Mini’ Ahead of Meta’s Llama 3 Release, New Model 60% Cheaper

The new mini-model is an offshoot of GPT-4o, the company's fastest and most powerful AI model to date. Learn the features of this new model here.

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Meta to Remove Posts Targeting Jews as 'Zionists' Amid Policy Update

Meta to Remove Posts Targeting Jews as 'Zionists' Amid Policy Update

Meta will start removing posts that label Jews as "Zionists" and target them for harm, as part of a policy update to balance free speech with preventing hateful attacks.

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South Korea Regulator May Sanction Meta Over Facebook and Instagram Marketplaces: Report

Brazil Orders Meta to Cease Using Personal Data for AI Training

Meta cannot use Brazilian personal data to build its AI models, according to the country's data protection authorities.

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Meta to Remove Posts Targeting Jews as 'Zionists' Amid Policy Update

Meta Faces $13 Billion Fine For Violating Digital Laws With its 'Pay or Consent' Data Privacy Model

The European Commission alleged that Meta violated digital laws under the Digital Markets Act (DMA) with its subscription-based ad-free model, and $13.5 billion in fines could be imposed.

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Facebook Covers Sign At Menlo Park Headquarters

Meta Sued for An Alleged Bias in Hiring Foreign Employees Due to Lower Wages

A recent US appeals court decision revived a class action lawsuit against Meta Platforms, alleging discrimination in hiring practices favoring lower-wage foreign workers over US citizens.

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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.

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US-TECH-EARNINGS

Apple Eyes Generative AI Partnership With Meta, Anthropic, and Perplexity

Apple and Meta are in talks to integrate Meta's generative AI into Apple's AI system for iPhones, with Apple also exploring partnerships with other AI firms. However, the deals are not yet finalized.

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Instagram

Instagram Algorithm Test Says App Shows Sexual Content to Teen Accounts; Meta Dismisses Claim

News that Instagram often suggests explicit content to underage accounts was denied by Meta, saying it doesn't reflect the reality.

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Meta Platforms has postponed the European launch of its AI models after the Irish privacy regulator advised against using data from Facebook and Instagram users.

Meta Halts EU AI Model Rollout Amid Privacy Concerns, Regulatory Pressure

Meta Platforms has postponed the European launch of its AI models after the Irish privacy regulator advised against using data from Facebook and Instagram users.

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Norway Files Complaint Against Meta Over AI Training on User Data

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.

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Pew Survey Reveals Americans Trust TikTok for News Content Amid Political Turmoil

Pew Survey Reveals Americans Trust TikTok for News Content Amid Political Turmoil

According to a March Pew Research study of 10,000 American adults, TikTok was least likely to influence news stories through algorithmic recommendations or content moderation than Facebook, Instagram, and X.

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Meta Wants To Use European Data for AI Training—Will Privacy Complaints Hinder It?

Meta Wants to Use European Data for AI Training—Will Privacy Complaints Hinder it?

Meta said it wants to use European data for AI training while facing privacy concerns from European countries. Can it be allowed to do so?

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Meta Launches First AI-Powered Ad Targeting Program for WhatsApp

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.

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

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.

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