Meta Platforms

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Meta's AI chatbot exposes user chats, sparking privacy concerns
technology 2025-07-04 00:00
Meta's AI chatbot exposes user chats, sparking privacy concerns
  • Meta's AI chatbot introduced a 'Discover' feed that makes user chats public.
  • User-submitted conversations could include sensitive information, such as names and medical details.
  • Users are urged to review privacy settings to safeguard personal information.
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Meta creates superintelligence lab led by AI prodigy Alexandr Wang
technology 2025-07-02 00:00
Meta creates superintelligence lab led by AI prodigy Alexandr Wang
  • Mark Zuckerberg announced the launch of Meta Superintelligence Labs, aimed at advancing AI models and research.
  • Alexandr Wang, former CEO of Scale AI and a recognized AI leader, has been appointed as Meta's Chief AI Officer to lead the new initiative.
  • This strategic hiring and significant financial investment indicate Meta’s commitment to regaining its competitive edge in the AI field.
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WhatsApp introduces voice notes for business communication
technology 2025-07-01 16:55
WhatsApp introduces voice notes for business communication
  • Meta Platforms Inc. aims to improve business-user communication through WhatsApp.
  • New features will enable businesses to send voice notes to users.
  • This initiative is expected to enhance customer interaction and engagement.
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Microsoft collaborates with Meta to launch innovative Xbox VR headset
technology 2025-06-29 07:00
Microsoft collaborates with Meta to launch innovative Xbox VR headset
  • Microsoft and Meta launched the Meta Quest 3S Xbox Edition to enhance virtual reality gaming.
  • The headset allows users to stream games through Xbox Cloud Gaming, catering to Xbox Game Pass Ultimate members.
  • This collaboration reflects Microsoft's ambition to compete more effectively in the gaming industry while expanding their audience.
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Meta wins legal battle over AI training using copyrighted materials
technology 2025-06-26 17:05
Meta wins legal battle over AI training using copyrighted materials
  • U.S. District Judge Vince Chhabria ruled in favor of Meta, dismissing a copyright infringement lawsuit from authors.
  • The judge stated that Meta's use of copyrighted materials for training its AI model is considered 'fair use,' but this ruling does not establish legality for all similar practices.
  • The case raises ongoing concerns about the implications of AI training on copyright law and the protection of authors' market rights.
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Meta rolls out AI feature that summarizes WhatsApp messages
technology 2025-06-26 12:48
Meta rolls out AI feature that summarizes WhatsApp messages
  • Meta introduced a new Message Summaries feature for WhatsApp that generates summaries of unread messages.
  • Users can quickly catch up on chats using AI-generated bullet points without compromising privacy.
  • The feature is currently available for English users in the U.S. with plans to expand to other languages and regions.
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Meta and Apple explore acquisition talks with AI startup Perplexity
technology 2025-06-24 00:00
Meta and Apple explore acquisition talks with AI startup Perplexity
  • Meta and Apple have both expressed interest in acquiring the AI startup Perplexity.
  • These discussions highlight the competitive landscape in AI among key tech giants.
  • An acquisition would help reinforce Apple's and Meta's positions in the evolving AI market.
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Meta launches ad feature on WhatsApp, altering user experience
business 2025-06-21 14:00
Meta launches ad feature on WhatsApp, altering user experience
  • Meta's introduction of ads on WhatsApp marks a major shift in its business model.
  • This change could affect user experience as the platform was previously ad-free.
  • The reaction of users to ads will determine the future success of this strategy.
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Uber expands AI solutions service to over 30 countries
technology 2025-06-20 00:00
Uber expands AI solutions service to over 30 countries
  • Scale AI's deal with Meta created a shift in the data-labeling market, causing clients like OpenAI to rethink partnerships.
  • Uber AI Solutions has expanded its reach to over 30 countries and aims to establish a meaningful business line.
  • Uber is focused on building trust through data confidentiality and is poised to compete with established players.
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WhatsApp introduces ads to monetize its messaging app
technology 2025-06-19 18:17
WhatsApp introduces ads to monetize its messaging app
  • WhatsApp started showing ads in the Updates tab to create new revenue streams as of June 16, 2025.
  • Advertisements will not be shown in personal chats, maintaining end-to-end encryption for messages and calls.
  • This change indicates a significant shift from the founders' original commitment to an ad-free platform.
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Meta transitions all Facebook videos to reels format
technology 2025-06-17 22:36
Meta transitions all Facebook videos to reels format
  • Meta announced that all video content on Facebook will soon be shared exclusively as reels.
  • The company is removing length restrictions for Facebook reels, currently capped at 90 seconds.
  • This shift reflects Meta's effort to enhance user engagement and align with current multimedia consumption trends.
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Meta invests over $10 billion in Scale AI, CEO joins tech giant
technology 2025-06-13 10:38
Meta invests over $10 billion in Scale AI, CEO joins tech giant
  • Scale AI received a major investment from Meta, valued at over $29 billion.
  • Alexandr Wang, Scale AI's founder, will join Meta to enhance its AI endeavors.
  • The partnership signifies a strategic move in the competitive AI landscape.
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Mark Zuckerberg builds expert team for Meta's AI advancements
technology 2025-06-13 01:42
Mark Zuckerberg builds expert team for Meta's AI advancements
  • Mark Zuckerberg is forming a new AI research team to develop superintelligence at Meta.
  • Meta is set to invest billions toward AI infrastructure, indicating a strong commitment to AI advancement.
  • Zuckerberg aims to enhance social connections through AI, addressing user loneliness with innovative technology.
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Meta strikes geothermal deal to power expanding data centers
technology 2025-06-12 20:00
Meta strikes geothermal deal to power expanding data centers
  • Meta is collaborating with XGS Energy to generate geothermal energy for its data centers.
  • The partnership aims to add 150 megawatts of carbon pollution-free electricity in New Mexico.
  • This initiative reflects Meta's commitment to supporting AI advancements and reducing its carbon footprint.
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Fidji Simo becomes OpenAI's second-in-command amid tech upheaval
technology 2025-06-12 06:38
Fidji Simo becomes OpenAI's second-in-command amid tech upheaval
  • Fidji Simo, a French executive, will soon take on a key leadership role at OpenAI after significant tenures at other major tech firms.
  • She has been instrumental in transforming both Meta and Instacart, demonstrating her capacity to drive change under challenging circumstances.
  • Her appointment at OpenAI highlights the company’s ambition to stabilize leadership and tackle operational issues.
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Meta recruits leading AI talent from competitors for ambitious project
technology 2025-06-12 00:00
Meta recruits leading AI talent from competitors for ambitious project
  • Meta has expanded its AI team by hiring top engineers from Google and Sesame.
  • Key recruits include Jack Rae from Google DeepMind and Johan Schalkwyk from Sesame.
  • This recruitment is part of Meta’s effort to catch up to rivals like Google and OpenAI.
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Meta launches groundbreaking AI video editing tools for users
technology 2025-06-11 18:20
Meta launches groundbreaking AI video editing tools for users
  • Meta has launched new AI video editing tools that can transform videos with over 50 preset prompts.
  • The tool is currently available for free for a limited time and allows changing backgrounds and themes.
  • These advancements mark a significant step in AI-enabled video editing, showcasing Meta's commitment to innovative technology.
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Scammers exploit deepfakes to deceive Facebook users
technology 2025-06-11 10:00
Scammers exploit deepfakes to deceive Facebook users
  • Scammers are now utilizing advanced AI and deepfake technology to enhance their tactics.
  • These ads often feature fake celebrity endorsements that can deceive vulnerable users.
  • Inadequate moderation by Facebook has led to an increase in the prevalence of these sophisticated scams.
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Meta dives into military technology with AI training devices
technology 2025-06-11 08:15
Meta dives into military technology with AI training devices
  • Meta Platforms Inc. is partnering with Anduril to develop virtual reality devices for military training.
  • The Marine Corps is implementing virtual reality training to save resources and enhance operational readiness.
  • The collaboration raises ethical questions about the role of tech firms in military training, given Meta's history with misinformation.
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Eminem's music publishing company sues Meta for $109 million
entertainment 2025-06-05 00:51
Eminem's music publishing company sues Meta for $109 million
  • Eight Mile Style has filed a lawsuit against Meta for using over 200 of Eminem's songs without proper licensing.
  • The lawsuit claims significant financial damages of $109 million due to ongoing copyright infringement.
  • Meta has removed some of the contested tracks but is still facing serious implications from the lawsuit.
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Meta signs major deal to secure clean energy for decades
business 2025-06-04 21:37
Meta signs major deal to secure clean energy for decades
  • Meta has entered into a 20-year power purchase agreement with Constellation Energy.
  • The Clinton Clean Energy Center was at risk of closure but will now remain operational until 2047.
  • This partnership is expected to preserve jobs, expand energy output, and contribute to local economic growth.
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Meta partners to secure nuclear energy for AI needs
business 2025-06-03 16:58
Meta partners to secure nuclear energy for AI needs
  • Meta has signed a long-term agreement with Constellation Energy to revive a nuclear power plant for future AI operations.
  • The tech industry's energy supply currently relies heavily on fossil fuels, with nuclear and renewable sources making up a small fraction.
  • In the long run, transitioning to nuclear energy will be crucial for meeting the growing energy demands of AI products sustainably.
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Meta cancels Meta Quest 4-style headset project in favor of lighter device
technology 2025-06-03 00:00
Meta cancels Meta Quest 4-style headset project in favor of lighter device
  • Meta plans to release a new lightweight headset next year instead of a traditional Meta Quest 4.
  • The new device will have its processor and battery housed externally, making it significantly lighter.
  • This change represents a shift towards more portable VR technology aimed at enhancing user experience.
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Meta develops Instagram app for iPad as WhatsApp makes its debut
technology 2025-06-02 00:00
Meta develops Instagram app for iPad as WhatsApp makes its debut
  • Reports indicate that Meta is actively developing an Instagram application for the iPad.
  • The development follows the recently launched WhatsApp for iPad, highlighting Meta's focus on optimizing its apps for larger screens.
  • A dedicated Instagram app for the iPad would enhance the visual experience for users, supporting high-quality photo displays.
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Martin Marietta faces scrutiny as debt surpasses industry median
business 2025-06-02 00:00
Martin Marietta faces scrutiny as debt surpasses industry median
  • Martin Marietta reported a decline of 11% in stock since November 2024, despite a 42% operating margin in 2024.
  • The company’s debt surged to $5.41 billion by March 2025, with a debt to EBITDA ratio exceeding the industry median.
  • Given the increased debt and historical stock volatility, the premium valuation of Martin Marietta raises serious concerns.
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Meta and Anduril join forces for military VR technology
technology 2025-05-30 00:00
Meta and Anduril join forces for military VR technology
  • Meta and Anduril are collaborating to create VR and AR headsets for the U.S. Army.
  • The partnership comes years after Palmer Luckey was fired by Zuckerberg for supporting Donald Trump.
  • The venture demonstrates a major shift in the relationship between Silicon Valley and defense contractors.
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Elon Musk's DOGE pushes Grok AI for government data analysis amid controversy
technology 2025-05-26 00:00
Elon Musk's DOGE pushes Grok AI for government data analysis amid controversy
  • Elon Musk's DOGE team has initiated the use of the Grok AI tool for data analysis in the U.S. government, raising ethical questions.
  • Concerns have been expressed about the risks associated with confidential government data and the potential implications of Musk's private company, xAI, accessing it.
  • This development has sparked discussions about the appropriate use of AI in government settings, emphasizing the need for regulatory clarity and oversight.
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Urgent attacks compromise Meta and PayPal accounts in real time
technology 2025-05-21 00:00
Urgent attacks compromise Meta and PayPal accounts in real time
  • A new phishing campaign targeting Meta and PayPal users allows for quick account takeovers.
  • This threat employs sophisticated tactics to bypass security measures using a Google-owned domain.
  • Urgent warnings from security experts highlight the need for vigilance among users to protect their accounts.
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Meta's advertising future raises concerns over trust in AI
technology 2025-05-21 00:00
Meta's advertising future raises concerns over trust in AI
  • Mark Zuckerberg's vision highlights the move toward AI-driven advertising systems, characterized by less transparency for brands.
  • As Amazon develops its advertising strategy, it aims for a cooperative model that values brand narratives over a 'trust me' approach.
  • The advertising landscape suggests a balance between AI integration and the necessity for measurable outcomes, disrupting traditional practices.
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technology 2025-05-20 00:00
Xreal launches Project Aura glasses running Google's Android XR system
  • Xreal introduced Project Aura, an extended reality glasses product at the Google I/O conference.
  • These glasses will run on Google's Android XR system and utilize Qualcomm's Snapdragon XR chips.
  • The launch of Project Aura signifies a growing competition in the XR space against tech giants like Meta and Apple.
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Meta Platforms sees explosive revenue growth amid evolving AI landscape
business 2025-05-19 00:00
Meta Platforms sees explosive revenue growth amid evolving AI landscape
  • Meta Platforms has seen a growth in its stock price from approximately $120 to around $645 since early 2023.
  • The company's revenue increased by 46% from $117 billion in 2022 to $170 billion, and net income surged 188% during the same period.
  • Given the strong fundamentals and the risks of stock volatility, long-term investors may find Meta stock an attractive opportunity at its current valuation.
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Meta challenges FTC's monopoly case by claiming lack of evidence
business 2025-05-16 16:01
Meta challenges FTC's monopoly case by claiming lack of evidence
  • Meta argued that the FTC failed to prove that the quality of its apps has declined.
  • The company claims users prefer seeing ads and state that more ads are shown to those who engage with them.
  • Meta hopes to dismiss the trial early and avoid potential consequences like asset divestments.
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