Keywords: Meta


EU charges Facebook and Instagram over child protection failures

Regulators in the European Union have formally charged Meta, the parent company of Facebook and Instagram, with failing to adequately protect children under the age of 13 from accessing their platforms. The charges come under the Digital Services Act, a major regulatory framework designed to ensure......

Blocking of Meta AI startup deal raises concerns over China tech investment rules

The decision by Chinese authorities to block a major acquisition involving Meta and AI startup Manus has raised concerns among global investors about the growing risks in cross-border technology deals linked to China. The move by the National Development and Reform Commission (NDRC) to stop the multi-billion-dollar......

Australia increases pressure on Meta, Google and TikTok to pay media outlets

The government of Australia has introduced a new legislative proposal aimed at strengthening financial obligations for major technology companies such as Meta, Google, and TikTok. The initiative seeks to ensure that digital platforms contribute financially to local news organizations. Under the proposed......

Meta signs AWS deal to deploy tens of millions of Graviton cores

Meta Platforms has agreed a major infrastructure partnership with Amazon Web Services to deploy tens of millions of Graviton processor cores across its computing systems. The agreement positions Meta among the largest users of AWS custom silicon and reflects a broader shift in the technology sector toward......

China calls Meta’s $2 billion Manus deal a tech “conspiracy”

China has branded Meta’s 2 billion dollar acquisition of AI startup Manus as a “conspiracy,” escalating tensions over one of the most sensitive cross border deals in artificial intelligence. The assessment came from China’s national security commission, a top level body chaired......

Eu challenges Meta over WhatsApp AI fees amid competition concerns

The European Commission has raised concerns over new policies introduced by Meta Platforms regarding access to artificial intelligence services on its messaging platform WhatsApp. According to EU regulators, the introduction of fees for third-party AI assistants could violate competition rules and limit......

Snap to lay off about 16% of staff

Snap Inc, the parent company of Snapchat, has announced plans to reduce its global workforce by approximately 16%, according to reports released on Wednesday. The decision comes as the company faces increasing pressure from investors and a more competitive digital advertising market. The move follows......

CoreWeave expands Meta AI cloud deal to $21 billion through 2032

CoreWeave and Meta have expanded their artificial intelligence cloud partnership to an estimated $21 billion, extending their agreement through December 2032 and reinforcing one of the largest infrastructure deals in the AI sector. The announcement, disclosed in a regulatory filing and company statement,......

Meta shuts down AI token leaderboard after data leak

Meta has dismantled an internal leaderboard tracking AI token usage among employees, days after The Information exposed it. Created by staff and dubbed "Claudeonomics," the ranking was replaced with a notice citing concerns over internal data shared externally. The move followed a report by......