Meta Platforms, the parent company of Facebook and Instagram, is poised to introduce advertisements on its Threads app in early 2024. Launched amidst the uncertainties surrounding X (formerly Twitter), Threads has quickly gained traction, boasting 275 million monthly active users as of October 2023. However, despite this impressive growth, Meta does not foresee ads becoming […]
Meta Introduces New Ad Options for European Users: A Shift Towards Privacy and Regulation
Meta Platforms Inc. has recently announced significant changes to its advertising strategy for users in Europe. This decision comes in response to increasing regulatory pressure from the European Union, particularly under the Digital Markets Act (DMA). As consumer preferences shift towards privacy, Meta’s response highlights the tension between user experience, privacy rights, and the regulatory […]
Meta’s Zuckerberg Not Liable in Lawsuits Over Social Media Harm to Children
In a significant legal judgment, U.S. District Judge Yvonne Gonzalez Rogers ruled that Mark Zuckerberg, CEO of Meta Platforms, is not personally liable in a series of lawsuits accusing the company of responsible practices that allegedly contribute to addiction among children on social media platforms like Facebook and Instagram. This decision comes amidst growing concerns […]
Meta Forms Partnership with Reuters for AI-Powered News Content
In a significant development in the tech and media landscape, Meta Platforms has partnered with Reuters to enhance its AI chatbot capabilities with real-time news reporting. This collaboration signals Meta’s renewed commitment to licensed news distribution, following a period of scaling back such content due to prior controversies regarding misinformation and revenue sharing. The deal, […]
Meta Partners with Blumhouse to Launch Movie Gen: A New Era in AI Video Creation
Meta, the tech giant behind Facebook, is making significant strides in the film industry with its recent partnership with Blumhouse Productions, a renowned studio known for its mastery in horror films like “Get Out” and “The Purge.” This collaboration aims to pioneer the use of artificial intelligence in filmmaking through a groundbreaking tool named Movie […]
Human-Level AI Still a Decade Away, Meta Scientist Warns
Achieving human-level artificial intelligence (AI) may take at least a decade, according to Yann LeCun, the AI chief at Meta. His insights challenge the narrative frequently propagated by tech companies, suggesting that the current trajectory of AI development is fraught with limitations. One of the core issues, as highlighted by LeCun, is the way contemporary […]