Page 4 - Metaverse

$100 million job offers: How Mark Zuckerberg is luring the best AI minds

In just the last month, Zuckerberg has poached leading OpenAI scientist Lucas Beyer, who co-created the vision transformer; Ruoming Pang, who led Apple Inc.'s efforts at building AI models

Meta invests $3.5 bn in world's largest eye-wear maker in AI glasses push

Facebook parent Meta acquired just under 3 per cent of Ray-Ban maker EssilorLuxottica. Menlo Park, California-based Meta is considering further investment

Meta may face daily fines over pay-or-consent model: European Commission

The move shows the Commission's continuing crackdown against Big Tech and its push to create a level playing field for smaller rivals despite US criticism about the bloc's rules

US judge dismisses authors' copyright lawsuit against Meta over AI training

A federal judge sided with Facebook parent Meta Platforms in dismissing a copyright infringement lawsuit from a group of authors who accused the company of stealing their works to train its artificial intelligence technology. The Wednesday ruling from US District Judge Vince Chhabria was the second in a week from San Francisco's federal court to dismiss major copyright claims from book authors against the rapidly developing AI industry. Chhabria found that 13 authors who sued Meta "made the wrong arguments" and tossed the case. But the judge also said that the ruling is limited to the authors in the case and does not mean that Meta's use of copyrighted materials is lawful. Lawyers for the plaintiffs a group of well-known writers that includes comedian Sarah Silverman and authors Jacqueline Woodson and Ta-Nehisi Coates didn't immediately respond to a request for comment Wednesday. Meta also didn't immediately respond to a request for comment. "This ruling does not stand for the ..

Meta recruits leading OpenAI researcher Trapit Bansal for AI reasoning lab

Meta has hired top OpenAI researcher Trapit Bansal to boost its AI superintelligence team, aiming to build competitive AI reasoning models as it intensifies efforts in the advanced AI race

Meta recruits 3 OpenAI researchers amid Sam Altman's poaching claims

Meta has hired Lucas Beyer, Alexander Kolesnikov, and Xiaohua Zhai from OpenAI to work on its superintelligence initiatives

Meta appoints Arun Srinivas as India head, to take over from July 1

Srinivas, currently leading Meta's ads business, will take charge as Managing Director and Head for India from 1 July, reporting to Sandhya Devanathan

With ads and paid subscriptions, is WhatsApp Meta's next big bet?

Meta introduces ads and paid subscriptions in WhatsApp's Status and Channels, expanding monetisation while promising limited data sharing and strong privacy controls

Nearly 80% of Indian shoppers discover new products via social media: Meta

Influencers, Reels and messaging offers are increasingly shaping buying decisions, with Meta-owned platforms playing a key role in both online and offline retail purchases

Meta seals $14.3 billion Scale AI deal, hires its CEO Alexandr Wang

Wang will join Meta's 'superintelligence' unit working on human-level AI, known as artificial general intelligence, while remaining on Scale's board as the company's co-founder

Delhi HC restrains Newgen IT Technologies from using 'Newgen' trademark

Court finds Newgen IT's use of the name deceptively similar to Newgen Software's trademark, upholds injunction originally granted in February and made absolute in March

Meta India's public policy head Shivnath Thukral to step down on June 30

Meta's Shivnath Thukral exits after 7.5 years as India public policy head, as leadership transitions continue under Sandhya Devanathan's expanded SEA role

Amazon lays off employees in Books division as part of cost-cutting plan

Amazon has laid off 100 employees from its Books division, including Goodreads and Kindle teams, as part of a broader restructuring effort to streamline operations and boost efficiency

Apple plans glasses for 2026 as part of AI push, nixes watch with camera

Company engineers are ramping up work on the glasses - a rival to Meta Platforms Inc.'s popular Ray-Bans - in a bid to meet the year-end 2026 target

WhatsApp had no plans to compete with Facebook: Co-founder Brian Acton

Meta's acquisition of WhatsApp is a key part of the case, with FTC lawyers arguing that Meta viewed the messaging app as a legitimate social networking competitor

Meta beats Q1 revenue estimates on ad strength, meets Q2 forecast

The Facebook and Instagram parent also increased planned capital expenditures this year as it speeds up construction of data centers that can support artificial intelligence

Conservative activist Robby Starbuck sues Meta over AI responses about him

Conservative activist Robby Starbuck has filed a defamation lawsuit against Meta alleging that the social media giant's artificial intelligence chatbot spread false statements about him, including that he participated in the riot at the US Capitol on January 6, 2021. Starbuck, known for targeting corporate DEI programs, said he discovered the claims made by Meta's AI in August 2024, when he was going after woke DEI policies at motorcycle maker Harley-Davidson. One dealership was unhappy with me and they posted a screenshot from Meta's AI in an effort to attack me, he said in a post on X. This screenshot was filled with lies. I couldn't believe it was real so I checked myself. It was even worse when I checked. Since then, he said he has faced a steady stream of false accusations that are deeply damaging to my character and the safety of my family. The political commentator said he was in Tennessee during the January 6 riot. The suit, filed in Delaware Superior Court on Tuesday, seek

Will launch our flagship product Ray Ban Meta glasses in India soon: Meta

The social media conglomerate is also rolling out a live-translation feature for all Ray-Ban Meta glass users across the globe

Google loses ad monopoly case as big tech faces ongoing antitrust battles

Along with Google and Meta, Amazon and Apple are also currently facing significant antitrust challenges in the US

Meta CEO Mark Zuckerberg wraps up testimony in FTC antitrust trial case

Meta CEO Mark Zuckerberg emphasised in federal court on Wednesday that he bought Instagram and WhatsApp because he saw value in the companies not to take out competitors, as the Federal Trade Commission alleges in a historic antitrust trial. Zuckerberg took the stand for the third day in the trial, wrapping up his testimony as the first witness Wednesday afternoon. He took questions from Meta attorney Mark Hansen, who has argued that his client hardly has a monopoly in social media, as the FTC claims, and still faces stiff global competition. Hansen focused some of his questioning on emails sent by Zuckerberg and his associates that the FTC cited in earlier testimony to illustrate the Facebook founder's alarm over the growth of Instagram and his sense that he needed to neutralise its threat. Zuckerberg said he's very focused on inventing new things, and understanding what other people are creating is a big part of the process. At any given point in his company's history, he said, .