Meta

Meta announces $10 bln investment in its largest AI data centre yet

Meta, the parent company of Facebook, announced on Wednesday plans to invest $10 billion in building its largest data centre to date, a state-of-the-art facility in Richland Parish, Louisiana. The hyperscale data centre will support the processing demands of artificial intelligence (AI) workloads.
5 December 2024, 06:59 AM

Meta is looking for nuclear energy reactor developers

Meta has announced plans to explore nuclear energy as part of its efforts to power artificial intelligence advancements and support its environmental objectives. The company revealed on Tuesday that it will issue a request for proposals (RFP) to identify developers capable of building 1 to 4 gigawatts of new nuclear power capacity reactors in the United States.
4 December 2024, 04:29 AM

Meta plans to build $10 bln global subsea cable network

Meta is planning to construct a vast $10 billion fibre-optic subsea cable network, spanning over 40,000 kilometres and avoiding areas of geopolitical tension, according to a recent report by TechCrunch.
30 November 2024, 02:56 AM

India fines Meta $25.4 million over WhatsApp data sharing

India’s Competition Commission (CCI) has fined Meta Platforms $25.4 million and restricted the company from sharing data between WhatsApp and its other apps for advertising purposes, according to a recent report by Reuters.
19 November 2024, 09:48 AM

Facebook users eligible for data breach compensation: German court

Germany's Federal Court of Justice (BGH) has ruled that Facebook users whose data was illegally accessed in 2018 and 2019 are eligible for compensation.
19 November 2024, 02:53 AM

Facebook is making 'views' as primary content performance metric

Facebook has recently announced to shift its focus to "views" as the primary metric for measuring content performance, aligning its approach with Instagram’s existing system. 
16 November 2024, 05:48 AM

Meta makes its AI model available for military use

Meta has announced it will make its open-source AI model, Llama, available to US government agencies and contractors working on national security tasks. Previously, Llama was primarily used by researchers and private businesses, but this new development expands its applications to defence and security work, including the US military.
10 November 2024, 03:13 AM

OpenAI hires Caitlin Kalinowski, former Meta AR Hardware Head

Caitlin Kalinowski, previously the head of Meta’s augmented reality (AR) Glasses Hardware division, has joined OpenAI as the leader of its robotics and consumer hardware division. Kalinowski recently confirmed her new role in a LinkedIn announcement.
6 November 2024, 08:44 AM

Meta to keep ban on political ads after US election

Meta, the parent company of Facebook, Instagram, and WhatsApp, recently announced it will keep its ban on new political ads even after the US Election Day,  aiming to reduce misinformation during the post-election period.
5 November 2024, 02:45 AM

AI features boosted time spent on Facebook by 8%: Zuckerberg

Improvements in AI-driven feeds and video recommendations have led to an 8% rise in time spent on Facebook and a 6% increase on Instagram this year, according to Meta CEO Mark Zuckerberg in the company's latest quarterly earnings report.
31 October 2024, 08:58 AM

Meta's AI chatbot to use Reuters for news content

Meta Platforms has formed a new partnership with international news platform Reuters, enabling its AI chatbot to utilise Reuters' content for real-time responses to user questions about news and current events.
27 October 2024, 10:48 AM

Meta's new AI model can evaluate other AI models

Meta has introduced a new AI model, the 'Self-Taught Evaluator (STE)', which is designed to evaluate other AI models' work with minimal human involvement.
19 October 2024, 07:43 AM

Meta conducts another round of layoffs: report

Meta, the company behind Facebook, Instagram, and WhatsApp, has carried out another round of layoffs, according to reports from international tech news platforms The Verge and TechCrunch.
17 October 2024, 03:11 AM

Facebook and Instagram sued for being addictive to teens

Meta, the parent company of Facebook and Instagram, is facing lawsuits brought by US states accusing it of harming teens' mental health by making its platforms addictive. 
16 October 2024, 03:25 AM

Neither precedent nor Trump can save Big Tech

After losing a jury trial against game store Epic Games in December, a judge has now ruled that Google must open a key piece of its Android smartphone operating system
9 October 2024, 11:25 AM

EU commission requests algorithm data from YouTube, TikTok, and Snapchat

The EU Commission has formally requested detailed information from YouTube, TikTok, and Snapchat about the algorithms they use to recommend content to their users on October 2, according to a recent report by Reuters. 
2 October 2024, 17:22 PM

AI's next feat will be its descent from the cloud

Google owner Alphabet, Microsoft and Meta Platforms, which owns Instagram and Facebook, are forecast to spend a combined $160 billion in capital expenditures next year,
2 October 2024, 11:19 AM

Meta to begin mixed-reality headset production in Vietnam

Meta has announced plans to begin production of its latest mixed-reality headsets in Vietnam in 2025. The tech giant made this announcement during a visit by Nick Clegg, Meta’s President for Global Affairs, to Vietnam, a week after he met with the country’s president, Tô Lâm, in New York.
2 October 2024, 03:06 AM

EU hits Meta with $101.5 mln fine over unsecured password storage

The European Union's lead privacy regulator has recently imposed a 91 million euro ($101.5 million) fine on social media giant Meta for inadvertently storing user passwords without proper protection or encryption.
28 September 2024, 11:50 AM

Meta Connect 2024: All the key announcements

At the annual Meta Connect 2024 event, CEO Mark Zuckerberg revealed a series of product launches and updates, including a new mixed reality headset, its most advanced augmented reality (AR) glasses yet, and new AI-driven features. Here's a look at the key announcements from the event.
26 September 2024, 03:26 AM