Explore Business Standard
Metaverse
Technology giant Meta on Thursday began sending thousands of young Australians a two-week warning to download their digital histories and delete their accounts from Facebook, Instagram and Threads before a world-first social media ban on accounts of children younger than 16 takes effect. The Australian government announced two weeks ago that the three Meta platforms plus Snapchat, TikTok, X and YouTube must take reasonable steps to exclude Australian account holders younger than 16, beginning Dec. 10. California-based Meta on Thursday became the first of the targeted tech companies to outline how it will comply with the law. Meta contacted thousands of young account holders via SMS and email to warn that suspected children will start to be denied access to the platforms from Dec. 4. We will start notifying impacted teens today to give them the opportunity to save their contacts and memories, Meta said in a statement. Meta said young users could also use the notice period to update
Artificial intelligence pioneer Yann LeCun said Wednesday he will be leaving his job as Meta's chief AI scientist at the end of the year. LeCun said he will be forming a startup company to pursue research on advanced forms of AI that can understand the physical world, have persistent memory, can reason, and can plan complex action sequences. He said Meta will partner with the new startup and that some of the research will overlap with Meta's commercial interests and some of it will not. LeCun joined Facebook in 2013 and co-founded Meta's AI research division, formerly known as Facebook AI Research. LeCun stepped down as the group's director in 2018 but has remained Meta's chief AI scientist. He's also a part-time professor at New York University, where has taught since 2003. LeCun spent his early career at the image processing department at AT&T Bell Labs in New Jersey, where he worked on developing AI systems that could read text found in digitised images. He was a winner in 201
Representatives of Google on Monday deposed before the Enforcement Directorate (ED) as part of a money laundering probe linked to the promotion of "illegal" online betting and gambling platforms, official sources said. Executives from Meta did not depose, they said. The ED had called the officials of the two tech giants, first on July 21 and later extended their deposition to July 28 as they sought more time to appear. The agency may also record the statement of a designated "compliance officer" of Google under the Prevention of Money Laundering Act (PMLA) apart from obtaining some documents from the company on Monday, the sources said. A Google spokesperson had last week told PTI in a statement that the company was "committed to keeping our platforms safe and secure, prohibiting the promotion of illegal gambling ads." "We are extending our full support and cooperation to investigating agencies to hold bad actors responsible and keep users safe," the spokesperson had said. There