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By Raziye AKKOC BRUSSELS, Oct 19, 2023 (AFP) – The EU announced probes Thursday into Facebook owner Meta and TikTok, seeking more details on the measures they have taken to stop the spread of “illegal content and disinformation” after the Hamas attack on Israel. The European Commission said it had sent formal requests for information to Meta and TikTok respectively in what is a first procedure launched under the EU’s new law on digital content. […]
By Glenn CHAPMAN MENLO PARK, United States, Sept 28, 2023 (AFP) – Meta chief Mark Zuckerberg on Wednesday said the tech giant is putting artificial intelligence into digital assistants and smart glasses as it seeks to gain lost ground in the AI race. Zuckerberg made his announcements at the Connect developers conference at Meta’s headquarters in Silicon Valley, the company’s main annual product event. “Advances in AI allow us to create different (applications) and personas […]
OTTAWA, Sept 1, 2023 (AFP) – Ottawa on Friday spelled out how a new law requiring digital giants to pay publishers for news content will work in practice, including how much it could cost Meta and Google. The bill aims to support a struggling Canadian news sector that has seen a flight of advertising dollars and hundreds of publications closed in the last decade. Effectively it targets only Google and Meta — which control about […]
SAN FRANCISCO, Aug 29, 2023 (AFP) – Meta on Tuesday said it purged thousands of Facebook accounts that were part of a widespread online Chinese spam operation trying to covertly boost China and criticize the West. The campaign, which became known as “Spamouflage”, was active across more than 50 platforms and forums including Facebook, Instagram, TikTok, YouTube and X, formerly known as Twitter, according to a Meta threat report. “We assess that it’s the largest, […]
WASHINGTON, Aug 12, 2023 (AFP) – Elon Musk said Friday that his much-hyped cage fight with Mark Zuckerberg would take place in Italy, as authorities there confirmed talks about hosting a “great charity event.” While any showdown between the two tech titans has yet to be officially confirmed, Musk said on his X social media platform — formerly known as Twitter — that arrangements were advancing. “I spoke to the PM of Italy and Minister […]
By Glenn CHAPMAN SAN FRANCISCO, July 26, 2023 (AFP) – Facebook parent Meta on Wednesday beat market expectations for quarterly earnings, powered by a reviving digital ad business. Meta reported a profit of $7.8 billion on $32 billion in revenue during the recently ended quarter, as the number of people using Facebook monthly rose to 3.03 billion. “We had a good quarter,” Meta chief executive Mark Zuckerberg said in an earnings call. “We continue to […]
SAN FRANCISCO, United States (AFP) — Facebook owner Meta on Tuesday released a new and free-of-charge version of its artificial intelligence model, making a play against ChatGPT-maker OpenAI and Google. OpenAI and Google have developed the impressive large language models that serve as the foundations of the ChatGPT and Bard chatbots, which have drawn excitement with their capabilities to mimic human creativity and expertise. Meta meanwhile has avoided releasing generative AI products straight to the […]
PARIS, June 22, 2023 (AFP) – Tech titans Mark Zuckerberg and Elon Musk are in a fierce business rivalry that has spilt over into a playground spat, with the two men offering to fight each other in a cage. Months after Musk took over Twitter, Zuckerberg’s Meta hinted it was planning to launch its own text-based social media platform — essentially a direct rival. Musk has trolled Zuckerberg ever since with messages on Twitter, telling […]
by Glenn CHAPMAN Agence France-Presse SAN FRANCISCO, United States (AFP) — Shares in Facebook parent Meta surged Wednesday after the internet titan reported it made a profit of $5.7 billion in the first quarter of this year, beating forecasts after a massive wave of cost-cutting and layoffs. The profit came on revenue of $28.6 billion and as the number of people using Facebook every month grew to just shy of three billion, an earnings report […]
SAN FRANCISCO, United States (AFP) — A shareholder lawsuit filed late Monday accuses board members of Instagram and Facebook parent Meta of shirking their duties by ignoring human and sex trafficking on the tech giant’s social platforms. The suit filed in the Court of Chancery in the US state of Delaware calls for Mark Zuckerberg, along with other executives and board members, to be ordered to institute reforms and pay damages. Meta board members and […]
by Alex PIGMAN Agence France-Presse WASHINGTON, United States (AFP) — Facebook owner Meta announced a fresh wave of job cuts on Tuesday, part of what CEO Mark Zuckerberg called the company’s “year of efficiency” as the US tech sector continues to downsize. In an email to employees, Zuckerberg said Meta would shed 10,000 jobs over the next few months, targeting middle management, and that 5,000 other roles would remain unfilled. The cuts follow a cull […]
Facebook and Instagram began a week-long rollout of their first paid verification service on Friday, testing users’ willingness to pay for social media features that until now have been free. Facing a drop in advertising revenues, parent company Meta is piloting a subscription in Australia and New Zealand before it appears in larger markets. The service will cost US$11.99 on the web and US$14.99 on the iOS and Android mobile platforms. From Friday, subscribers […]
