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Tag: Meta

Manufacturers warn price hikes to persist without solutions
Business featured

Raw materials import hits N8trn amid naira slump

Manufacturers have spent at least N7.9 trillion on raw materials imports in the last three years. According to The Punch, manufacturers claim that the high cost of imported raw materials is a result of operators’ choice to obtain foreign currency at exorbitant rates from the parallel market as a result of a lack of FX […]

Meta launches AI model for language translation
News

Meta launches AI model for language translation

Alex Omenye Facebook’s parent company Meta on Tuesday launched an AI model that can translate and transcribe speech in a wide range of languages. This serves as a possible cornerstone for products that enable real-time communication across language barriers. The company claimed in a blog post that their SeamlessM4T model could combine technology that was […]

Meta to give EU users more power over Facebook, IG content
News

Meta to give EU users more power over Facebook, IG content

  Facebook and Instagram parent company, Meta has disclosed that Facebook and Instagram users in Europe will have greater control over how they view content. A new landmark EU rule mandates that internet service providers  actively filter material to safeguard consumers, particularly against hate speech and disinformation. Meta, the parent company of Facebook, Amazon, Apple, […]

Meta launches AI voice translation on Facebook, Instagram
News Tech

Meta moves to stop suit over privacy violations

Meta will seek a court in Norway on Tuesday to quash a fine the nation’s data regulator imposed on the owner of Facebook and Instagram for violating users’ privacy. Since August 14, Meta Platforms has been subject to a daily fine of 1 million crowns ($94,313) for collecting user data and utilising it to target […]

Meta tests in-house AI chip to reduce reliance on Nvidia
News Tech

Thailand threatens to shut down Facebook over alleged scams

Southeast Asia’s second-largest economy, Thailand, has requested a court to shut down Meta Platforms’ Facebook until it takes action against scams that have affected more than 200,000 individuals. “We are asking the court to close Facebook, not allowing it to provide services in Thailand if they let these fake pages’ scam people,” Digital minister Chaiwut […]

Meta scraps fact-checking program, introduces X-like community notes feature
News Tech

Canadian news platforms demand Facebook probe over news blockage

Canadian news groups on Tuesday urged the Canadian antitrust watchdog to look into Meta Platforms’ move to stop allowing journalism on its platforms. “Through its decision to block news content from its digital platforms, Meta seeks to impair Canadian news organizations’ ability to compete effectively in the news publishing and online advertising markets,” news industry […]

Meta tests in-house AI chip to reduce reliance on Nvidia
News Tech

Norway fines Meta over privacy violations

Norway’s data protection regulator said that Facebook owner Meta Platforms will be penalised 1 million crowns ($98,500) each day for privacy violations as from August 14. “As of next Monday, a daily fine of 1 million crown will start to apply,” head of Datatilsynet’s international section, Tobias Judin, told Reuters. On July 17, the company’s […]

Meta tests AI-suggested comments on Instagram for users
News Tech

Instagram launches feature to block unwanted DM requests

Instagram is introducing a new feature that will better safeguard users against unsolicited photos and videos in direct messages. After testing the function for a few weeks, Instagram will make it official on Thursday. Cindy Southworth, Head of Women’s Safety at Meta, stated through email, “We want people to feel confident and in control when […]

Meta tests in-house AI chip to reduce reliance on Nvidia
Tech

Meta to seek users’ permission on Ads

The parent company of popular social media platforms Facebook and Instagram, Meta, has unveiled its plan to seek user consent within the European Union before allowing businesses to target advertising based on users’ interactions with its services. This move aligns with evolving regulatory mandates and follows an order issued by Ireland’s Data Protection Commissioner, the […]

Meta launches AI voice translation on Facebook, Instagram
News Tech

Meta starts process to block news for users in Canada

Meta on Tuesday, said that it has started the process of blocking access to news on Facebook and Instagram for all Canadian users. “As we’ve always said, the law is brd on a fundamentally flawed premise. And, regrettably, the only way we can reasonably comply is to end news availability in Canada,” Andy Stone, Meta […]

Tech

Meta to set up AI chatbots for social media engagement

Meta Platforms, the parent company of Facebook, is gearing up to introduce a groundbreaking range of AI-powered chatbots with distinct personalities, as reported by the Financial Times. These chatbots are designed to engage in human-like conversations, offering users a novel and immersive experience across its social media platforms. According to sources familiar with the plans, […]

Meta's Threads app introduces live sports scores feature
Tech

Threads to launch desktop version

Meta Platforms, the parent company of Facebook, is determined to give its newest social media platform, Threads, a fighting chance in the competitive market. The move comes after CEO Mark Zuckerberg revealed that the app faced a significant decline, losing over 50% of its users since its launch. Threads initially made waves, becoming the fastest-growing […]

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