Brazil’s national data protection authority determined on Tuesday that Meta, the parent company of Instagram and Facebook, cannot use data originating in the country to train its artificial intelligence. Meta’s updated privacy policy enables the company to feed people’s public posts into its AI systems. That practice will not be permitted in Brazil, however. The […]
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EU accuses Facebook owner Meta of breaking digital rule with paid ad-free option
European Union regulators accused social media company Meta Platforms on Monday of breaching the bloc’s new digital competition rulebook by forcing Facebook and Instagram users to choose between seeing ads or paying to avoid them. Meta has been giving European users the option since November of paying for ad-free versions of Facebook and Instagram as […]
European Union accuses Facebook owner Meta of breaking digital rules with paid ad-free option
LONDON (AP) — European Union regulators accused social media company Meta Platforms on Monday of breaching the bloc’s new digital competition rulebook by forcing Facebook and Instagram users to choose between seeing ads or paying to avoid them. Meta has been giving European users the option since November of paying for ad-free versions of Facebook […]
Meta, JPMorgan Lead Five Stocks Near Buy Points
Meta Platforms (META) and JPMorgan Chase (JPM) lead this weekend’s watch list of five stocks near buy points as the S&P 500 enters the second half of 2024 in stride, up 14.5% year-to-date and within a half-percent of an all-time high. Joining Meta and JPM are enterprise software company Monday.com (MNDY), work supplies and uniform […]
1 Unstoppable Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club
The paradigm shift brought about by artificial intelligence (AI) is changing the face of the technology landscape. If you’re looking for evidence of this trend, nowhere is it more apparent than the list of the world’s largest companies when measured by market cap. Microsoft, at the forefront of AI-powered assistants, boasts a market cap of […]
Meta must face lawsuit claiming it prefers foreign workers over US citizens
By Daniel Wiessner (Reuters) -A U.S. appeals court on Thursday revived a software engineer’s proposed class action claiming Meta Platforms refused to hire him because it preferred to give jobs to foreign workers who are paid lower wages. The San Francisco-based 9th U.S. Circuit Court of Appeals in a 2-1 ruling said that a Civil […]
Billionaires Are Selling Meta and Buying This Stock Instead
Billionaire stock transactions can be valuable data for investors. You shouldn’t expect to uncover any enormous secrets that reveal infallible strategies shared universally among the ultra-wealthy. However, you can gain important insights about the factors that are influencing sophisticated investors based on the stocks that are being purchased or sold most heavily by hedge funds […]
Apple and Meta have discussed AI partnership, WSJ reports
(Reuters) -Facebook parent Meta Platforms has discussed integrating its generative AI model into Apple’s recently announced AI system for iPhones, the Wall Street Journal reported on Sunday. The move comes as Apple plans to add technology from other AI companies on its devices amid reports that it was discussing a potential tie-up with long-time search […]
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Apple and Meta have discussed AI partnership, WSJ reports
(Reuters) -Facebook parent Meta Platforms has discussed integrating Meta’s generative AI model into Apple Inc’s recently announced AI system for iPhones, the Wall Street Journal reported on Sunday. Apart from Google and Meta, AI startups Anthropic and Perplexity have also been in discussions with Apple to bring their generative AI to Apple Intelligence, the Journal […]
1 Unstoppable Stock That Could Join Microsoft, Apple, Nvidia, Alphabet, Amazon, and Meta in the $1 Trillion Club
“The times they are a-changin’,” as Bob Dylan once sang. Once upon a time, it was industrial and oil businesses that topped the list of the world’s most valuable companies, but over the past 20 years, there’s been a paradigm shift at the top. For example, General Electric and ExxonMobil were the largest companies in the […]
Meta pauses AI models launch in Europe due to request from Data commissioner
Meta Platforms will not launch its Meta AI models in Europe for now after Ireland’s privacy regulator told it to delay its plan to harness data from Facebook and Instagram users, the US social media company said on Friday. The move by Meta came after complaints and a call by advocacy group NOYB to data […]