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Toyota warns of £3bn loss as Iran war

  • 9th May 2026

British Airways to raise fares as €2bn fuel

  • 9th May 2026
Dangote cement hits historic N10trn market capitalization

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  • 8th May 2026

C&I Leasing posts ₦532.84m pre-tax profit in Q1

  • 8th May 2026

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Toyota warns of £3bn loss as Iran war pushes

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Tag: Meta

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 […]

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

Meta cuts 600 jobs in AI division

Facebook owner Meta is cutting 600 jobs in its artificial intelligence division, a move United States media reported Wednesday is intended to streamline operations following a period of aggressive hiring. According to reports in the Wall Street Journal, the New York Times, and other publications, the job cuts will not affect the TBD Lab, an […]

Instagram developing ‘Picks’ feature to connect users over shared interests
Tech

Meta unveils new content controls for minors on Instagram

Instagram is introducing new content filters for users under 18, modeled after the PG-13 movie rating system, as part of parent company Meta’s efforts to improve teen safety online. The system, inspired by the Motion Picture Association’s ratings, will limit exposure to posts containing strong language, risky stunts, drug references, or other mature themes. Meta […]

US senators demand Meta probe over chatbot child safety concerns
Tech

Meta, NDPC explore out-of-court settlement over $32.8m fine

Meta Platforms Inc., parent company of Facebook and Instagram, has opened talks for an out-of-court settlement with the Nigeria Data Protection Commission. This follows the company’s lawsuit challenging a $32.8 million fine and compliance orders issued against it over alleged privacy breaches involving Nigerian users. Both parties’ legal teams informed Justice James Omotosho of the […]

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Court adjourns Sowore’s cybercrime case to October 27

The Federal High Court in Abuja has adjourned the arraignment of Omoyele Sowore, publisher of Sahara Reporters, to October 27. Justice Mohammed Umar granted the adjournment to allow Sowore time to prepare his defense. Sowore is facing a five-count charge filed by the Department of State Services on behalf of the Federal Government, alongside X […]

News

FG arraigns Sowore over alleged false X, Meta posts against Tinubu

The Federal Government has arraigned human rights activist and publisher, Omoleye Sowore, on a five count for allegedly making false posts against President Bola Tinubu on social media. The suit, filed before the Federal High Court in Abuja, also lists X (formerly Twitter) and Meta (owners of Facebook and Instagram) as co-defendants. According to the […]

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