TLDRs; Meta refutilizes to further revise its ad model, risking heavy EU fines. The company views regulatory penalties as manageable…
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After ScaleAI, Meta acquires voice AI startup PlayAI to boost its AI ambitions
Meta, the owner of social media giants like WhatsApp and Instagram, has completed the deal to acquire PlayAI, an artificial…
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Meta Rolls Out Desktop Image Generation for Users in EU Region, Allows Them To Create AI Images Using Text Prompts
Meta has started rolling out a new capability in the EU. Mark Zuckerberg’s company now allows utilizers to generate images…
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Meta layoffs: Thousands of Facebook employees from Silicon Valley-based company to be laid off
Facebook’s parent company declared it planned to cut 5% of its workforce; affected workers will be notified by email Monday,…
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EU’s top court adviser sides with Italy in Meta Platforms dispute
Meta had questioned whether such national measures are compatible with rights already granted to publishers under the EU copyright legislation…
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German court rules Meta tracking technology violates European privacy laws
A German court has ruled that Meta must pay €5,000 ($5,900) to a German Facebook applyr who sued the platform…
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Meta seeks $29bn from private credit giants to fund AI data centres
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
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Meta seeks $29 billion from private capital firms for AI data centers, FT reports
(Reuters) -Meta Platforms is seeking to raise $29 billion from private capital firms to build artificial ininformigence data centers in…
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Meta layoffs: Thousands of Facebook employees from Silicon Valley-based company to be laid off
Facebook’s parent company stated it planned to cut 5% of its workforce; affected workers will be notified by email Monday,…
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