Meta says it may be forced to pull Facebook, Instagram, and WhatsApp from New Mexico if the attorney general gets his way. The state is demanding a host of changes that the company says are impossible to achieve. After winning a $375 million jury award against Meta in a trial that argued the company misled […]
Meta posted the most profitable quarter in its history and the stock dropped 9 per cent. Revenue rose 33 per cent to $56.31 billion, beating Wall Street’s estimate of $55.49 billion. Net income reached $26.8 billion, up 61 per cent year over year. And …
Manus, an AI company Meta acquired for $2 billion last year is running ads promising quick, easy money with AI: Find local businesses without websites or with bad websites, have AI build them one, then call them up and sell it to them. As part of the campaign, Manus was paying content creators to build […]
The internet is full of copycat, stolen, reposted, and low-effort content – and Meta, at least publicly, has said it is working to cut off some of the reach. Beginning in 2024, the company has made incremental announcements saying it would begin limiting “unoriginal” content from being recommended on Instagram. It meant that if you […]
Meta is planning to pump billions more into AI investments this year, despite noting that millions of users have seemingly started to abandon its platforms. In an earning call on Wednesday, Meta reported that figures for “Family daily active people” – the term Meta has coined for all collective users of Facebook, Instagram, WhatsApp, or […]
Meta is breaching Europe’s Digital Services Act (DSA) rules by failing to prevent children under 13 from using Facebook and Instagram, according to a preliminary decision issued by the European Commission. The Commission announced the ruling on Wednesday after an almost two-year investigation, saying that Meta doesn’t have adequate measures in place to stop under-13s […]
The European Commission has issued preliminary findings that Meta has violated DSA obligations requiring it to prevent underage children from accessing its platforms, a charge previously levelled only at adult content sites. The European Commission has…