Page 14 - Facebook

Meta raises its largest high-grade debt sale of $10.5 billion: Report

The longest portion of the deal, a 40-year security, yields 1.3 percentage points above Treasuries after initial discussions of around 1.55 percentage points

Malaysian PM's posts on Haniyeh's assassination were removed in error: Meta

In a similar incident in May, Meta restored Facebook posts by Anwar over his meeting with Haniyeh, saying they were taken down in error

Meta offering Hollywood stars millions of dollars for AI voice projects

The company is talking with Judi Dench, Awkwafina and Keegan-Michael Key, said the people, who asked not to be identified because the project is confidential

Delhi woman loses Rs 24 lakh: Beware of fake investment ads on social media

In recent months, hundreds of individuals across India have fallen victim to stock market investment scams

Meta reports better-than-expected sales in Q2, shares jump by 10%

Meta has been using AI to improve the way its advertisers can find interested users, adding efficiency to its most lucrative business

India becomes the largest market for Meta AI usage, says senior executive

Company testing how businesses can use AI service to interact with customers

Instagram to allow users create their own chatbots through AI studio

The broader universe of Instagram users will be able to make a themed chatbot for their profile, for example a bot focused on mixed martial arts, dining or pets

TikTok's survival at stake in all-out fight against potential US ban

Outside Washington, the video-sharing platform is waging a parallel battle for public opinion

Meta to be hit with first EU antitrust fine for linking Marketplace, FB

Meta could face a fine of as much as $13.4 billion - or 10% of its 2023 global revenue - although EU sanctions are usually much lower than that cap

After praising Zuckerberg; Elon Musk says ready to fight him anytime

Just when the hype around the Elon Musk-Mark Zuckerberg duel seemed to be fading, the Tesla chief has rekindled speculations with latest 'ready to fight' remark

Meta AI gets support for Hindi, new features on WhatsApp, Instagram, more

Meta is also exploring ways to integrate AI into the Quest headset. In a preview, it shows how AI will allow users to ask questions about what they see in their surrounding

News updates: Microsoft says about 8.5 million of its devices affected by CrowdStrike-related outage

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Nigeria slaps $220 mn fine on Meta over violation of data protection laws

Nigeria's government on Friday announced a fine of USD 220 million on Meta, saying its investigations found multiple and repeated violations of the country's data protection and consumer rights laws on Facebook and WhatsApp. A statement from Nigeria's Federal Competition and Consumer Protection Commission, or FCCPC, listed five ways that Meta violated data laws in the West African country, including by sharing the data of Nigerians without authorization, denying consumers the right to self-determine the use of their data, discriminatory practices as well as abuse of market dominance. "Being satisfied with the significant evidence on the record, and that Meta Parties have been provided every opportunity to articulate any position ... the Commission has now entered a Final Order, and issued a penalty against Meta Parties," FCCPC chief executive Adamu Abdullahi said in a statement. A spokesperson for Meta didn't immediately respond to a request for comment. Nigeria, which is Africa's

Meta launches verified plans for businesses on Facebook, Instagram in India

Meta has expanded the business offerings to Instagram and Facebook platforms in India. Previously, it rolled out After Meta Verified for Businesses on WhatsApp

Investment scams skyrocket on WhatsApp and Facebook, says CloudSEK

A scammer who has been in the business for over six years, with operators, was making around 41 lakhs a month

Remove social media post that claimed centipede found in Amul ice cream: HC

The Delhi High Court has directed a Noida-resident to remove her social media posts that alleged she found a centipede in a tub of Amul ice cream bought by her. Justice Manmeet P S Arora, while dealing with a lawsuit by Gujarat Cooperative Milk Marketing Federation which markets products under Amul brand, further restrained the customer from posting and uploading any other identical or similar content on social media platforms until further orders. In a post on social media platform 'X' on June 15, Deepa Devi had shared a picture purportedly showing a centipede inside her Amul ice cream tub that she ordered through an instant delivery app. The plaintiff company argued in high court that the claim was false and incorrect as it was absolutely impossible for any foreign substance, let alone an insect, to be present in an ice cream tub packed at its facility. In an order passed on July 4, the court observed that the non-cooperation of the customers who have also remained absent in the

Threads hits 175 mn monthly users, India among most active countries: Meta

Meta said that some of the most popular tags and topics on Threads in India are centred around film, TV and OTT content, celebrity-related conversations, and sports

Meta details AI system capable of generating 3D visuals from text prompts

The Meta 3D Gen system takes user input in text form and creates a 3D mesh structure and adds texture and other detailing

Meta to show AI info, instead of 'Made by AI' label, on Instagram, Facebook

Meta has been facing criticism from users, including professional photographers, over 'Made by AI' label that appears even on pictures not processed by artificial intelligence

Mark Zuckerberg's Meta faces EU charges for Digital Markets Act breach

After Apple, the European Commission is preparing to charge Meta, the parent company of Instagram and Facebook for its 'pay or consent' model