Tag Archives: Meta

Six months ago, Facebook changed its name to Meta (FB) ostensibly to reflect its focus on the virtual reality spaces known as the metaverse. The announcement was simultaneously important and strange, echoing another tech giant’s name change — Google’s 2015 move to rename itself Alphabet (GOOG, GOOGL). It’s difficult to tell if Meta’s name change has been embraced by the public or, for that matter, if Alphabet’s has. Even as I’m writing this, it feels weird to refer to Facebook… Source link

(Bloomberg) — Facebook’s main social network added more users than projected in the first quarter, potentially staving off concerns that the company is losing momentum as a new generation flocks to younger sites like TikTok. Most Read from Bloomberg Shares surged more than 19% in late trading after Facebook parent company Meta Platforms Inc. reported 1.96 billion daily users for its flagship platform, a return to growth after the first-ever decline in the December quarter. Analysts had… Source link

The EU has agreed on another ambitious piece of legislation to police the online world. Early Saturday morning after hours of negotiations, the bloc agreed on the broad terms of the Digital Services Act, or DSA, which will force tech companies to take greater responsibility for content that appears on their platforms. New obligations include removing illegal content and goods more quickly, explaining to users and researchers how their algorithms work, and taking stricter action on the… Source link

BRUSSELS, April 23 (Reuters) – Alphabet (GOOGL.O) unit Google, Meta (FB.O) and other large online platforms will have to do more to tackle illegal content or risk hefty fines under new internet rules agreed between European Union countries and EU lawmakers on Saturday. The agreement came after more than 16 hours of negotiations. The Digital Services Act (DSA) is the second prong of EU antitrust chief Margrethe Vestager’s strategy to rein in Alphabet (GOOGL.O) unit Google, Meta (FB.O) and… Source link

(Bloomberg) — Apple Inc. and Meta Platforms Inc., the parent company of Facebook, provided customer data to hackers who masqueraded as law enforcement officials, according to three people with knowledge of the matter. Most Read from Bloomberg Apple and Meta provided basic subscriber details, such as a customer’s address, phone number and IP address, in mid-2021 in response to the forged “emergency data requests.” Normally, such requests are only provided with a search warrant or… Source link

Was the meta description for this article written by Google? Or a human editor at Search Engine Land? You can’t tell, can you? That’s how far machine learning has come. Read on the learn the “shocking” truth. Auto-generating content summaries. Earlier this year, Google started automatically generating content summaries for Docs users. Google explains the technology behind how it works in this blog post if you want to dive into the natural language understanding (NLU) and natural… Source link

Reid Hoffman, founder and Chairman, Linkedin, at 2015 WEF in Davos, Switzerland. David A. Grogan | CNBC Inflection AI, the start-up launched earlier this month by LinkedIn billionaire Reid Hoffman and DeepMind co-founder Mustafa Suleyman, has poached artificial intelligence gurus from Google and Meta, according to CNBC analysis. Headquartered in Silicon Valley, Inflection’s aim is to develop AI software products that make it easier for humans to communicate with computers. When the company was… Source link

What this means: The EU has led a global wave of regulation and penalties against Big Tech companies, with search and ad technologies coming under especially severe scrutiny, making this investigation the latest in a series of fines, legal challenges, and penalties that have plagued Big Tech in Europe. Google in particular has had it rough. There have been so many fines, it’s hard to keep track of all of them. Google alone paid the EU $5 billion in 2018 for anticompetitive bundling, $1.7… Source link

A secret deal struck between Google and Meta, the parent company of Facebook, is being investigated by antitrust regulators in the European Union and Britain for potentially undermining competition in the multibillion-dollar digital advertising market. The inquiry, which was announced on Friday by the European Commission and U.K. Competition and Markets Authority, is the latest effort to scrutinize the business practices of the world’s largest technology companies. The regulators said the… Source link

FILE PHOTO: Facebook, Google and Twitter logos are seen in this combination photo from Reuters files. REUTERS/ Register now for FREE unlimited access to Reuters.com Register March 1 (Reuters) – Alphabet Inc’s (GOOGL.O) Google and Facebook owner Meta Platforms Inc (FB.O) are among internet companies facing possible punitive measures in Russia after failing to open local offices and take other measures required by a communications law. Russian legislation signed by President Vladimir Putin has… Source link