Tags: 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.


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.

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.

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.


Latest News

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.
US-TECH-EARNINGS
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.
Instagram
News that Instagram often suggests explicit content to underage accounts was denied by Meta, saying it doesn't reflect the reality.
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 Platforms has postponed the European launch of its AI models after the Irish privacy regulator advised against using data from Facebook and Instagram users.
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.
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.
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?
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.
New York Set to Ban Social Media Algorithms for Youth Without Parental Consent
New York plans to ban social media companies from using algorithms to control content for youth without parental consent, addressing concerns about the platforms' impact on mental health.
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