US Federal prosecutors launched an investigation accusing Meta of allegedly facilitating and profiting from dealing weed and other drugs.
Meta Platforms Inc.
Social media company, Meta, took a daring step by filing a lawsuit against the Federal Trade Commission (FTC).
Federal judge has denied Meta's attempt to stop the expansion of a $5 billion data privacy settlement from 2019 that ensured compliance.
Meta’s new AI chatbot characters with unique personalities that aim to engage its massive user base are under fire.
Meta Platforms Inc said on Thursday it would change the legal basis on how Facebook and Instagram use personal data to target advertising in the European Union, after the bloc’s privacy regulator fined it for alleged breaches in January. The move, Meta said, will give EU users more options around how their data is handled […]
Meta Platforms Inc said on Thursday it is now rolling out a long-promised system for advertisers to determine where their ads are shown, responding to their demands to distance their marketing from controversial posts on Facebook and Instagram. The system offers advertisers three risk levels they can select for their ad placements, with the most […]
Facebook owner Meta Platforms Inc is planning to lower bonus pays for some employees, and assess staff performance more frequently, the Wall Street Journal reported on Tuesday, citing an internal memo. Employees of the social media giant, who get a rating of “met most expectations” in their 2023 year-end reviews, will receive a smaller percentage […]
Groq, a Silicon Valley chip startup founded by a former Alphabet Inc engineer, said on Thursday it has adapted technology similar to the underpinnings of the wildly popular ChatGPT to run on its chips. Groq modified LLaMA, a large language model released last month by Facebook parent Meta Platforms Inc that can be used to […]
U.S. stock indexes were set to open slightly higher on Tuesday in cautious trading ahead of Federal Reserve Chair Jerome Powell’s testimony before Congress that could shed more light on the central bank’s interest rate hike plans. The benchmark S&P 500 closed higher for a third straight session on Monday, as Treasury yields took a […]
Meta Platforms Inc lost a bid on Monday to end a lawsuit in Boston federal court claiming it stole confidential information from artificial-intelligence startup Neural Magic Inc. Meta will have to face a trial over accusations that it took Neural Magic’s “breakthrough” algorithms that enable AI systems to process information more quickly, U.S. District Judge […]