Page 20 - Facebook

AIM, Meta partner to establish Frontier Technology Labs in schools

NITI Aayog's Atal Innovation Mission (AIM) and Meta on Wednesday announced their collaboration to set up Frontier Technology Labs (FTLs) in schools of strategic importance with an aim to democratize future technologies. According to an official statement, FTL is an advanced version of Atal Tinkering Lab equipped with state-of-the-art infrastructure, including all components of the Tinkering Lab to empower students to innovate using technologies like Artificial Intelligence, Augmented & Virtual Reality, Blockchain, Cybersecurity, Robotics, 3D Printing, and Internet of Things. AIM Director Chintan Vaishnav said these labs will serve as hubs for innovation, providing students with the necessary tools to explore and contribute to the cutting-edge fields that will shape the future. FTLs are a part of Meta's Education to Entrepreneurship initiative, launched in September 2023, to seamlessly connect students, youth, workforce, and micro-entrepreneurs with futuristic technologies, taking .

Mark Zuckerberg's net worth drops $2.7 bn after Facebook, Instagram outages

Mark Zuckerberg's net worth took a hit of 2.2 per cent to stand at $176 billion. However, the 39-year-old tech mogul remained the world's fourth richest person on the Bloomberg's list

Facebook, Instagram down for thousands of users across globe: Reports

The disruptions started around 10:00 am ET, with more than 300,000 reports of outages for Facebook and about 40,000 reports for Instagram, according to the website

Instagram introduces edit message feature, pin groups and chats, and more

The new messaging features are now rolling out to both Instagram for Android and iOS apps and will be available for everyone in the coming days

AI and competition: Old wine in new bottles?

Big Tech's partnership with GenAI startups echoes a familiar playbook designed to stymie competition and monopolise markets. Regulators must act swiftly

Meta Platforms targeted in privacy complaints by 8 EU consumer groups

The consumer bodies said Meta is not complying with General Data Protection Regulation (GDPR) rules on fair processing, data minimisation and purpose limitation

Meta hit with European complaints over data for FB, Instagram targeted ads

The groups claim this violates the European Union's General Data Protection Regulation, or GDPR, which allows fines as high as 4 per cent of annual revenue for the most serious infractions

Meta launches an integrated safety campaign to tackle misinformation

It will also encourage people to verify information that sounds suspicious or inaccurate via fact-checking organisations on WhatsApp Channels, said the company

Meta will set up team to counter misinformation, AI abuse in EU elections

European Parliament elections will take place June 6-9. Its 720 lawmakers, together with EU governments, pass new EU policies and laws

FB, Instagram to charge Apple service fee for posts 'boosted' via iOS apps

Advertisers will be able to boost their content on Instagram and Facebook via a browser without paying the Apple service charges, the social media giant said

Instagram, Threads to start limiting recommendation of political content

Instagram users will no longer be bombarded with unwanted political content on their feed

Abhishek Ghosalkar shot dead on Facebook Live; here's what is known so far

The suspected assailant, Mauris Noronha took his own life after the shooting, which was captured on camera during a Facebook live session. Here is what is known so for on the case

60% of scam cases in UK came from Facebook, Instagram, says Revolut

The London-based fintech found 60% of UK scam cases came from Facebook, Instagram and WhatsApp, dwarfing other platforms and frauds conducted by telephone

TikTok, Meta attack at European Union's content moderation laws in court

ByteDance Ltd.'s TikTok took the European Commission to court on Feb. 6 and Meta filed its challenge a day earlier, filings show

Oversight board of Meta warns rules on fake posts incoherent, too narrow

The board, which was set up in 2020 by management to independently review some of the company's most significant content moderation decisions

Best yet to come: Zuckerberg recaps Facebook journey on its 20th birthday

Facebook was co-founded by Mark Zuckerberg, entrepreneurs Dustin Moskovitz and Eduardo Saverin and launched on February 4, 2004

Zuckerberg's wealth surges by $28 bn as Meta rallies, surpasses Bill Gates'

It's a big comeback for Zuckerberg's wealth, which fell below $35 billion in late 2022 as tech stocks collapsed in the face of inflation and interest rate hikes, only to come soaring back in 2023

Meta soars after first-ever dividend plan, 'Year of Efficiency' pays off

The company flagged strong ad sales and a rebound in user growth during its fourth-quarter results on Thursday, while also forecasting current-quarter revenue above analysts' estimates

Meta to let iPhone 15 Pro users upload spatial videos on Quest VR headsets

Support for spatial videos is one of the several new features coming to Meta's Quest line of virtual reality headsets on February 7. Below are the details

Meta's profits, revenue surge in Q4 thanks to cost cuts, ad rebound

Meta Platforms Inc. tripled its profit and posted sharply higher revenue in the final quarter of 2023, boosted by a rebound in digital advertising as well cost cutting and layoffs in what CEO Mark Zuckerberg called the year of efficiency. "The company can talk all it wants to about AI and the metaverse, but it's still a social media company that gets nearly all its revenue from advertising, and advertisers still clearly love Meta, said longtime tech analyst Debra Aho Williamson. The Menlo Park, California-based parent company of Facebook and Instagram said Thursday that it earned $14 billion, or $5.33 per share, in the October-December period. That's up from $4.65 billion, or $1.76 per share, a year earlier. Revenue grew 25% to $40.11 billion from $32.17 billion. Analysts, on average, were expecting earnings of $4.82 per share on revenue $39.1 billion, according to FactSet Research. This was a pivotal year for our company. We increased our operating discipline, delivered strong ..