Facebook

The latest reshuffle follows the departure last month of Chief Operating Officer Jeff Williams, long the No 2 to Chief Executive Officer Tim Cook

CEO Mark Zuckerberg has heavily bet on the augmented-reality unit, with the company changing its name to Meta from Facebook in 2021. The unit has burned more than $60 billion since 2020

The move represents a seismic shift in Silicon Valley and shows that Meta is committed to becoming a name-brand maker of hardware devices

In June 2022, Sebi imposed a penalty of ₹30 lakh on Reliance Industries for not making a prompt clarification to stock exchanges regarding the Jio-Facebook deal

While figures on the number of under-16s on social media globally are scarce, research firm EMarketer says about one in ten US users are under 18

Arun Srinivas reveals 92% of businesses on Meta are SMBs, details AI-driven features for creators, and a strategic rethink for WhatsApp Pay

WhatsApp, through its lawyer, had sought redaction of confidential material on pages 194 to 196 of the judgment

The talks also involve Meta renting chips from Google Cloud as early as next year and are part of Google's broader push to get customers to adopt its tensor processing units (TPUs)

In a 2020 research project code-named Project Mercury, Meta scientists worked with survey firm Nielsen to gauge the effect of deactivating Facebook and Instagram, according to Meta documents

Representatives of Menlo Park, California-based Meta and Zuckerberg didn't immediately return emails seeking comment on the settlement

Meta introduces new tools to curb reposted content by detecting copied Reels, reducing duplicate posts and limiting visibility for accounts sharing unoriginal work

Los Angeles Superior Court Judge Carolyn B. Kuhl late Wednesday ruled against the companies on their last chance to avoid trial

The government had earlier said Facebook, Instagram, Snapchat, and YouTube would fall under the law, noting that other unspecified platforms could also be covered

Meta Platforms' $25 billion bond sale, among the biggest US corporate bond offerings of 2025, will help the company to ramp up AI infrastructure and integrating AI services into core products

Reliance Intelligence will own 70 per cent and Facebook 30 per cent in the new AI venture, with both firms together investing about ₹855 crore to develop and expand enterprise AI services in India

The European Union on Friday said Meta and TikTok had breached their transparency obligations after an investigation that could result in billions of dollars in fines. The inquiry found both companies had violated the Digital Services Act, the EU's trailblazing digital rule book that imposes a set of strict requirements designed to keep internet users safe online, including making it easier to report counterfeit or unsafe goods or flag harmful or illegal content like hate speech, as well as a ban on ads targeted at children. We are making sure platforms are accountable for their services, as ensured by EU law, towards users and society, said Henna Virkunnen, the EU's executive vice president for tech sovereignty, security and democracy, in a post on X. Our democracies depend on trust. That means platforms must empower users, respect their rights, and open their systems to scrutiny. The DSA makes this a duty, not a choice. The 27-nation bloc launched investigations in 2024 into both

Meta to cut 600 positions from its AI labs; Smallest AI, led by Indian-origin founder Sudarshan Kamath, has offered to hire these affected employees with top salaries of $600,000

Instagram launches its AI Restyle tool for Stories, letting users edit photos and videos with text prompts, presets, and creative effects directly in the app

The job cuts will affect Facebook Artificial Intelligence Research (FAIR) unit, as well as teams focused on product-related AI and AI infrastructure, the company said

Meta launches anti-scam tools on WhatsApp, Messenger, and Facebook, plus digital safety workshops to help senior citizens avoid online fraud across India