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Meta CEO Zuckerberg warns of worsening AI losses after sales narrowly beat

Zuckerberg warned investors Wednesday that Meta will continue to spend significantly on infrastructure and other projects like the metaverse and AI-powered glasses

Meta CEO Zuckerberg warns of worsening AI losses after sales narrowly beat
Updated On : 31 Oct 2024 | 8:40 AM IST

Meta building AI search engine to cut reliance on Google, Bing: Report

Meta's web crawler will provide conversational answers to users about current events on Meta AI, the company's chatbot on WhatsApp, Instagram and Facebook, according to the report

Meta building AI search engine to cut reliance on Google, Bing: Report
Updated On : 28 Oct 2024 | 10:44 PM IST

Meta teams up with IndiaAI to advance open source AI innovation, R&D

Meta on Friday announced a strategic collaboration with 'IndiaAI' at the Ministry of Electronics and Information Technology (MeitY) to drive advancement of open source AI innovation, R&D and skill development in India. This includes the establishment of the Center for Generative AI, Shrijan at IIT Jodhpur and the launch of the 'AI for Skilling and Capacity Building' initiative, in partnership with All India Council for Technical Education (AICTE). The partnership will enable development of indigenous AI applications, and advance skill development in AI. It would also bolster research capabilities with the aim of contributing to India's AI mission of ensuring tech sovereignty and the vision of AI solutions tailor made for India. "Aimed at propelling the advancement of open source artificial intelligence (AI) in India, as part of its Memorandum of Understanding with the 'IndiaAI', Meta today announced a strategic collaboration with IndiaAI at the MeitY," according to a release. IT ..

Meta teams up with IndiaAI to advance open source AI innovation, R&D
Updated On : 25 Oct 2024 | 10:56 PM IST

'Mental health crisis': Meta, Google & TikTok to face addiction claims

The ruling Thursday by US District Judge Yvonne Gonzalez Rogers in Oakland, California, follows a contrasting June 7 decision by a Los Angeles Superior Court judge in favour of the companies

'Mental health crisis': Meta, Google & TikTok to face addiction claims
Updated On : 25 Oct 2024 | 8:29 AM IST

AI will amplify human intelligence, not replace it, says Meta's Yann LeCu

Artificial Intelligence (AI) is not going to take over us, it is only going to amplify human intelligence, said Yann LeCun, vice president and chief AI scientist at Meta on Wednesday. Social media giant Meta's first Build with AI Summit in India was held here to discuss AI's transformative role in shaping the future of humankind. "AI assistants will eventually be smarter than us, but we should not feel threatened by that. We should feel empowered by it. It's kind of like everybody would walk around with a staff of smart people working for them. There is nothing better than working with people smarter than you, right? said LeCun in his keynote address. According to him, everybody is going to be smarter because of that. "It's not just people like us in the tech community or in academia. It's going to be everyone. Everyone in India, even in rural areas, can ask questions to their AI assistants in their own language or for health issues, whatever. And it's a very different future that .

AI will amplify human intelligence, not replace it, says Meta's Yann LeCu
Updated On : 23 Oct 2024 | 5:54 PM IST

Meta bans accounts tracking private jets for Mark Zuckerberg, Elon Musk

Accounts, which rely on publicly available information to track a jet's location and CO2 emissions, among other details, were banned without warning this week after Meta updated its privacy policy

Meta bans accounts tracking private jets for Mark Zuckerberg, Elon Musk
Updated On : 23 Oct 2024 | 9:43 AM IST

Celeb-bait ads make Meta turn to facial recognition tech to combat scams

Global launch to help with faster account recovery

Celeb-bait ads make Meta turn to facial recognition tech to combat scams
Updated On : 22 Oct 2024 | 5:02 AM IST

Meta lays off staff at WhatsApp, Instagram to align with 'strategic goals'

Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its strategic goals. A Meta spokesperson confirmed in a statement that some teams were making changes to align with their long-term goals and location strategy. Specific details on the number of impacted employees wasn't disclosed. This includes moving some teams to different locations, and moving some employees to different roles, Meta said in a statement. "In situations like this when a role is eliminated, we work hard to find other opportunities for impacted employees. The Verge, who first reported the layoffs, said cuts were made across teams that include messaging service WhatsApp and Instagram and Meta's virtual reality technology unit Reality Labs. Among those affected was Jane Manchun Wong, a software engineer known for discovering unreleased features in popular social media apps prior to joining Meta in 2023. Meta has had several rounds of layoffs to adjust i

Meta lays off staff at WhatsApp, Instagram to align with 'strategic goals'
Updated On : 17 Oct 2024 | 8:27 PM IST

Meta's oversight board seeks public remarks on hate speech moderation

After the Oversight Board raised the issue, Meta's policy subject matter experts reviewed both posts again but confirmed its original decisions were correct

Meta's oversight board seeks public remarks on hate speech moderation
Updated On : 17 Oct 2024 | 2:56 PM IST

Meta to face lawsuits as states' claim it hooked kids to social media

The social media companies also face hundreds of lawsuits by public school districts alleging the platforms have created a public nuisance

Meta to face lawsuits as states' claim it hooked kids to social media
Updated On : 16 Oct 2024 | 9:44 AM IST

Decoded: WhatsApp 2021 privacy policy is back to haunt Meta over CCI probe

A probe into the matter has concluded that WhatsApp and Meta violated competition law by abusing their dominant position in the market

Decoded: WhatsApp 2021 privacy policy is back to haunt Meta over CCI probe
Updated On : 14 Oct 2024 | 2:56 PM IST

PwC India collaborates with Meta to expand open-source AI solutions

PwC India has announced a collaboration with Meta to expand and scale its open-source AI solutions to enterprises and citizen services on Meta's Llama models. This collaboration will promote the adoption of the Llama open-source platform and help PwC develop innovative solutions powered by Generative AI (GenAI) on a global scale, the consultancy firm said in a release. In light of the Indian government's announcement to launch the IndiaAI Mission and its investment in building a robust AI ecosystem, the moment is ideal for businesses to harness the potential of GenAI, it added. "With Llama Models, we see a unique opportunity to democratise this technology across industries, and drive innovation while solving real-world challenges. Together, we aspire to create a more digitally enabled future for our clients and our communities - to create value and drive meaningful change at scale," Sanjeev Krishan, Chairperson of PwC India, said. The collaboration will help PwC India and Meta to .

PwC India collaborates with Meta to expand open-source AI solutions
Updated On : 11 Oct 2024 | 11:54 PM IST

Social media users in Europe get forum to challenge content decisions

Social media users in the European Union will soon have a new forum to challenge decisions by platforms to remove posts and videos for breaking their rules or leave up others that may violate them. An out of court dispute settlement body named the Appeals Centre Europe said Tuesday it has been certified by Irish regulators to act as a referee on content moderation disputes across the 27-nation EU, starting with cases involving Facebook, YouTube and TikTok. The centre is similar to Meta's Oversight Board, a quasi-independent body set up in 2020 that acts like a supreme court for thorny decisions about content moderation issues on Facebook, Instagram and Threads submitted by users around the world. Under the EU's digital rulebook known as the Digital Services Act, or DSA, tech companies and social media platforms are required to work with dispute settlement bodies and comply with any decisions they make. EU officials in Brussels wanted to give EU citizens a way to challenge any ...

Social media users in Europe get forum to challenge content decisions
Updated On : 08 Oct 2024 | 2:44 PM IST

Meta announces 'Movie Gen' AI model: What is it, how it works, and more

Movie Gen AI model can generate videos of up to 16 seconds in 1080p resolution and also produce background audio for videos, said Meta

Meta announces 'Movie Gen' AI model: What is it, how it works, and more
Updated On : 07 Oct 2024 | 12:52 PM IST

Meta unveils AI tool that can generate, edit videos based on text prompts

Meta's product, Movie Gen, can create a new video up to 16 seconds long based on a text prompt. It can also use such prompts to generate audio for or edit an existing video

Meta unveils AI tool that can generate, edit videos based on text prompts
Updated On : 04 Oct 2024 | 8:51 PM IST

Meta must limit data use for targeted advertising, rules top EU court

Schrems took his grievance to an Austrian court, saying he had been targeted by advertisements as a result of Meta's personalised advertising based on processing personal data

Meta must limit data use for targeted advertising, rules top EU court
Updated On : 04 Oct 2024 | 4:37 PM IST

Mark Zuckerberg replaces Jeff Bezos as second richest person in the world

Mark Zuckerberg co-founded Facebook (now rebranded as Meta) in 2004. Meta also owns Instagram and WhatsApp, two highly successful communication platforms

Mark Zuckerberg replaces Jeff Bezos as second richest person in the world
Updated On : 04 Oct 2024 | 9:33 AM IST

CIA makes it easier, safer for potential informants to share tips

The CIA wants to make it easier -- and safer -- for people in Iran, China and North Korea to share information with the US's premier spy agency. The agency on Wednesday posted online instructions in Korean, Mandarin and Farsi detailing steps that potential informants can take to contact US intelligence officials without putting themselves in danger. The instructions include ways to reach the CIA on its public website or on the darknet, a part of the Internet that can only be accessed using special tools designed to hide the user's identity. The CIA posted similar instructions in Russian two years ago following Russia's invasion of Ukraine. "People are trying to reach out to us from around the world and we are offering them instructions for how to do that safely," the agency said in a statement. "Our efforts on this front have been successful in Russia, and we want to make sure individuals in other authoritarian regimes know that we're open for business." The tips, presented in ...

CIA makes it easier, safer for potential informants to share tips
Updated On : 03 Oct 2024 | 8:31 AM IST

Meta, Australian banks show progress on taking down 'celeb bait' scam ads

The scams use images of famous people, often generated by artificial intelligence, to trick consumers into giving money to non-existent investment schemes

Meta, Australian banks show progress on taking down 'celeb bait' scam ads
Updated On : 02 Oct 2024 | 10:59 PM IST

Amazon wins partial dismissal of US antitrust lawsuit for illegal monopoly

Last year, the FTC alleged Amazon.com, which has 1 billion items in its online superstore, was using an algorithm that pushed up prices US households paid by more than $1 billion

Amazon wins partial dismissal of US antitrust lawsuit for illegal monopoly
Updated On : 01 Oct 2024 | 11:12 PM IST