Culture
Lawsuit claims Meta can see WhatsApp chats in breach of privacy
The complaint cites ‘whistleblowers’ as having helped bring this information to light, though it doesn’t explain who they are…
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Meta
Culture
Meta unveils ‘Meta Compute’ initiative to build AI infrastructure
Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand Meta has announced…
News
Trump Celebrates as Meta Names His Former Adviser as President
McCormick, who served as deputy national security adviser in Trump’s first term, is now joining the parent company of Facebook, Instagram,…
Culture
Meta hires ex-Trump adviser Dina Powell McCormick as president, vice chairman
She will guide overall strategy with a particular focus on Meta’s AI infrastructure efforts Meta Platforms has appointed a former top…
Culture
Meta signs multi-gigawatt nuclear deals for AI data centres
The agreements could end up totalling more than six gigawatts, enough to power a city of about five million homes Meta Platforms agreed to…
Culture
Meta acquires Singapore-based startup Manus to bolster AI business
Meta Platforms has agreed to acquire Singapore-based artificial intelligence (AI) startup Manus, which makes an AI agent that it sells to…
Business
EU Opens Antitrust Probe Into Meta's New AI Policy For WhatsApp
Europe's competition regulator has opened a formal investigation into tech giant Meta over policy changes that allow the company's own AI…
Culture
EU launches antitrust probe into Meta over use of AI in WhatsApp
Brussels has opened a new antitrust investigation into Meta Platforms over its roll-out of artificial intelligence (AI) features in…
Culture
Nvidia-Google AI chip rivalry escalates on report of Meta talks; Nvidia shares drop 6%
Meta Platforms is in talks to spend billions on Google’s AI chips, The Information reported, adding to a months-long share rally as the…
Culture
Meta buried ‘causal’ evidence of social media harm, US court filings allege
Meta shut down internal research into the mental health effects of Facebook and Instagram after finding causal evidence that its products…
Culture
Meta sells US$30 billion of bonds as AI frenzy fuels record orders
Technology firms are capitalising on falling borrowing costs as the Fed cuts interest rates and investors race to lock in still-elevated…
Culture
US: Wall Street indexes fall as Meta, Microsoft drag, along with Fed rate concerns
WALL Street’s three major indexes lost ground on Thursday with the Nasdaq Composite and the S&P 500 leading losses as Meta and Microsoft…
Culture
Meta forecasts bigger capital costs next year, US$16 billion tax charge guts Q3 profit
Meta forecast “notably larger” capital expenses next year, thanks to investments in AI, and recorded a nearly US$16 billion one-time…
Culture
Meta is cutting around 600 roles in AI unit, Axios reports
The cuts will affect the company’s Facebook Artificial Intelligence Research (FAIR) unit Meta is cutting roughly 600 positions out of the…
Culture
Meta reported to be cutting around 600 roles in AI unit
The cuts will affect the company’s Facebook Artificial Intelligence Research (FAIR) unit Meta is cutting roughly 600 positions out of the…
Culture
Meta, Blue Owl seal US$30 billion private capital deal for AI
Structured investments are becoming more in demand as insurers and other types of investors search for debt tied to assets Mark…
News
Meta Caves to Pam Bondi and Takes Down ICE-Tracking Facebook Page
“Can I, can I meet Eric?” Prabowo asks the president, who promises to arrange a phone call: “I’ll have Eric call you,” Trump says. “Should…
Culture
FTC launches inquiry into AI chatbots of Alphabet, Meta and others
THE US Federal Trade Commission on Thursday said it is seeking information from several companies including Alphabet, Meta Platforms and…
Culture
Former Meta researchers testify company buried child safety studies
META systematically suppressed internal research highlighting serious child safety risks on its virtual reality platforms, according to…
Culture
D2C Brands Must Master Meta and Google to Succeed
When new direct-to-consumer brands ask me about paid advertising strategies, I often see them searching for some secret channel or hidden…
Culture
Meta to add new AI safeguards after Reuters report raises teen safety concerns
is adding new teenager safeguards to its artificial intelligence (AI) products by training systems to avoid flirty conversations and…
News
The (Sort of) Win Over Google and Meta That Trump and Biden Agree On
Yet, even as they may break the long-standing monopolies of Google and Meta and open important digital markets to rivals, these lawsuits…
Culture
Meta to share AI infrastructure costs via US$2 billion asset sale
Meta Platforms is pressing ahead with efforts to bring in outside partners to help fund the massive infrastructure needed to power…
Culture
Meta names ChatGPT co-creator as chief scientist of Superintelligence Lab
The company has been offering some of Silicon Valley’s most lucrative pay packages and striking startup deals to attract top researchers…