Page 5 - Metaverse

Meta's WhatsApp faces tougher EU rules as monthly users top 45 million

The commission, which is the EU's executive arm, has been increasing scrutiny of social media in an attempt to rein in the power of predominantly American tech companies

Meta to build 50,000 km subsea cable to connect US, India, Brazil, S Africa

Dubbed Project Waterworth, the undersea cable will be a multi-billion-dollar, multi-year investment to strengthen the scale and reliability of the world's digital highways

Meta to allow rival ads on Marketplace after EU antitrust penalty

Calling it the Facebook Marketplace Partner Progam, Meta said the scheme is a response to the EU competition watchdog even as it challenged the fine in court

Meta Platforms tweak accounting formula on AI servers to boost profit

By Meta's reckoning, the shift is expected to reduce the company's depreciation expense by $2.9 billion in 2025, which would, on its own, amount to almost 4% of estimated pre-tax profits for the year

I was nearly sentenced to death for blasphemy in Pakistan: Mark Zuckerberg

On the Joe Rogan Podcast, Meta CEO Mark Zuckerberg spoke on stricter content controls and the growing regulatory pressures on technology firms worldwide

Facebook owner Meta to carry out expected company-wide layoffs on Feb 10

Notices will go out to employees losing their jobs starting at 5 am local time Monday in most countries

Meta adds $235 bn of value in winning streak as investors cheer AI bets

The stock is up 1.1 per cent Tuesday. If the gains hold through end of the session, the owner of Facebook will have added more than $235 billion in market value during the streak

Microsoft's cloud outlook knocks shares, Meta rises on AI payoff signs

The Windows maker missed market estimates for quarterly revenue growth at Azure and gave a third-quarter forecast for the business that was below expectations

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns world

DeepSeek's quick progress has stirred doubts about the lead America has in AI with models that it claims can match or even outperform Western rivals

Sales boost for auto dealers as deal with Meta helps digitisation: Report

Consumers consider social media for decision to buy new vehicle and use messaging apps to communicate with auto dealers

Answering queries on welfare schemes is bulk of govt fact-check unit's work

Queries on government jobs or recruitment examinations also on the minds of people

CCI's ruling can force rollback of features, hurt business, warns Meta

The CCI has imposed a fine of $24.5 million and a five-year ban on the data sharing practice in India, the biggest market for Meta where it has more than 350 million Facebook users

Meta India official apologises for Mark Zuckerberg's India election remark

Appearing on the Joe Rogan podcast, Zuckerberg claimed that incumbent governments in many countries, including India, lost elections following the Covid-19 pandemic

EU reassesses its probes into tech giants such as Apple, Google and Meta

The review could lead to Brussels reducing or changing the range of the probes, and will cover all cases launched since March 2024

Inside Mark Zuckerberg's sprint to remake Meta for Donald Trump's era

The entire process was highly unusual. Meta typically alters policies that govern its apps by inviting employees, civic leaders and others to weigh in

Meta shuts down DEI programme as it prepares for Trump's second term

Joining companies such as John Deere and Walmart, Facebook and Instagram's parent company Meta Platforms Inc is getting rid of its diversity, equity and inclusion programme that includes hiring, training and picking vendors, a company spokesperson confirmed on Friday. The move, which was first reported by Axios, comes on the heels of the social media giant's decision to end its third-party fact-checking programme and scale back policies on hate speech and abuse. Citing an internal memo sent to employees, Axios said the Menlo Park, California-based tech giant said the US Supreme Court "has recently made decisions signalling a shift in how courts will approach DEI (diversity, equity and inclusion programmes) The term DEI' has also become charged, in part because it is understood by some as a practice that suggests preferential treatment of some groups over others. In practice, this means Meta will no longer have a team focused on diversity and inclusion and the company said it will .

Meta chief Mark Zuckerberg says most companies need more 'masculine energy'

Zuckerberg, who launched his career by rating the attractiveness of women at Harvard University, added that he grew up with three sisters and has three daughters, and wants women to succeed

Removing fact-checks on social media risks losing a vital harm filter

Free speech shouldn't be curtailed merely for conveying misinformation or expressing unpalatable or hateful opinions. It should be limited only when it has the potential to cause harm

Meta's pivot on fact-checks in US sparks misinformation fears in India

Although Meta has clarified that the program is being discontinued only in the US, the implications are being closely watched in India

Amplifying misinformation: Meta's decision will harm public interest

Fact checking was initiated after the 2016 US elections and the Brexit referendum, which were both influenced by rampant disinformation on Facebook