Meta

Threads has more than 100 million daily active users: Mark Zukerberg

Meta’s microblogging social media platform, Threads, has exceeded 100 million daily active users, CEO Mark Zuckerberg announced on December 17.

Australia to force Meta, Google to pay for news

Traditional media companies the world over are in a battle for survival as precious advertising dollars are hoovered up online.

Instagram and Facebook face disruptions worldwide

Meta’s social media platforms, Facebook and Instagram, experienced significant outages on Wednesday night, affecting thousands of users globally.

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.

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.

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.

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.

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.

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. 

November 6, 2024
November 6, 2024

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.

November 5, 2024
November 5, 2024

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.

October 31, 2024
October 31, 2024

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.

October 27, 2024
October 27, 2024

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.

October 19, 2024
October 19, 2024

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.

October 17, 2024
October 17, 2024

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.

October 16, 2024
October 16, 2024

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. 

October 9, 2024
October 9, 2024

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

October 2, 2024
October 2, 2024

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. 

October 2, 2024
October 2, 2024

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,