Tag: Meta

US senators demand Meta probe over chatbot child safety concerns
Business

Meta partners nuclear power firms to fuel AI expansion

Meta on Friday said it has reached agreements with three nuclear energy providers, including one backed by OpenAI CEO Sam Altman, as it moves to secure power for its expanding artificial intelligence operations. The deals involve Vistra, TerraPower and Oklo, all developers of nuclear power technologies, and will support Meta’s Prometheus supercluster computing system under […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta acquires Singapore AI startup Manus to boost AI investments

Meta Platforms announced on Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose AI agents, as part of its ongoing large-scale investment in artificial intelligence. Originally founded in China and later moved to Singapore, Manus introduced its first general AI agent earlier this year, capable of performing complex tasks including market research, coding, […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta made over $3bn from scam-related Chinese ads

Meta, the company behind Facebook and Instagram, reported that more than $3 billion of its ad revenue from Chinese sources was linked to scams. Internal documents reviewed by Reuters revealed that about 19 per cent of advertising revenue from Chinese firms was connected to illegal gambling, pornography, and other prohibited content, according to Reuters. Although […]

India warns YouTube, X, others over child abuse content
Mobile phones

Meta launches centralized AI-powered support hub for Facebook, IG

Meta announced on Thursday the launch of a new centralized support hub designed for both Facebook and Instagram users globally, acknowledging that its prior support options have not “always met expectations.” Within this new hub, users will find a collection of tools aimed at addressing account issues, facilitating the recovery of lost accounts, and utilizing […]

Tech giant Meta has unveiled ambitious plans to construct some of the largest artificial intelligence data centres on the planet,
Tech

Zuckerberg plans major cuts to Meta’s Metaverse division

Meta Platforms Inc.’s Mark Zuckerberg is reportedly planning significant reductions in resources for the company’s metaverse initiatives, once touted as its future and a key reason for rebranding from Facebook Inc. The executives are weighing budget cuts of up to 30 per cent next year for the metaverse division, which encompasses the Meta Horizon Worlds […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta faces EU antitrust probe over WhatsApp AI use

The European Union has launched an antitrust investigation into Meta over its use of AI features in WhatsApp, as Brussels intensifies scrutiny of United States tech giants. The inquiry will assess whether Meta’s new policy granting AI providers access to WhatsApp potentially violates EU competition regulations, the EU announced Thursday. “The claims are baseless,” a […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta accused of hiding study showing social media harms — Report

Newly unsealed court filings allege that Meta concealed evidence indicating that Facebook and Instagram can harm users’ mental health. The claims stem from a United States class-action lawsuit filed by school districts and are based on internal research known as Project Mercury. Internal documents reveal that in a 2020 study conducted with Nick Clegg, users […]

Technology

Meta unveils world’s longest undersea cable across Africa

Meta, in collaboration with several prominent global and regional telecommunications companies, has officially activated the core 2Africa subsea cable system. This system is recognized as the world’s longest open-access subsea cable and is the first to establish a continuous loop connecting both East and West Africa. The 2Africa system spans three continents and 33 countries, […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta completes undersea cable project for Africa

Meta has pushed back against reports of a renewed setback to its massive 2Africa subsea cable project, saying most of the network has now been completed even as security concerns continue to slow work on some segments. The company’s update comes a day after fresh reports suggested the project had suffered another delay over regional […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta escapes forced breakup in landmark anti-trust ruling

Meta Platforms Inc. won a significant antitrust battle on Tuesday, as a United States judge ruled that the company does not need to divest its acquisitions of Instagram and WhatsApp, finding that it is not a monopoly. Judge James Boasberg sided with Meta, noting that its market share is already declining. He observed that while […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta made $16bn from scam, banned ads in 2024 — Report

Meta estimated that roughly 10 per cent of its 2024 revenue, about $16 billion, came from online ads promoting scams and banned products, according to internal documents cited by Reuters on Thursday. The report said those ads included promotions for fraudulent investment and e-commerce schemes, illegal online casinos, and prohibited medical products. The internal papers […]

EU rules out fee for tech giants under digital markets act
Tech

Meta, TikTok under EU probe for spreading ‘illegal content’

The European Union on Thursday announced formal probes into Meta, the owner of Facebook, and TikTok, seeking information on the steps they have taken to curb the spread of “illegal content and disinformation” following the Hamas attack on Israel. The EU confirmed that it had sent official information requests to both companies, marking the first […]