Keywords: Meta


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......

BanRay campaign urges public to treat AI smart glasses as unwelcome in shared spaces

A grassroots campaign called BanRay has become the latest flashpoint in a widening debate over wearable surveillance, urging the public to treat always-recording AI smart glasses as unwelcome in shared spaces. The campaign, hosted at BanRay.eu, argues that devices such as the Meta Ray-Ban smart glasses......

Tech CEOs increasingly cite AI to justify mass layoffs

An increasing number of technology executives are using artificial intelligence as a justification for sweeping job cuts, even as their companies report record revenues. In recent weeks, leaders at Google, Amazon, Meta, Pinterest, and Atlassian have announced or signaled workforce reductions, framing......

Metaverse real estate collapses 99 percent from 2021 peak

Virtual land once valued in the millions during the metaverse boom has plunged to a fraction of its former worth, marking one of the sharpest asset collapses in recent tech history. Prices have fallen to four or five figure levels after peaking during 2021 and 2022. The decline accelerated this week......

WhatsApp introduces parent-controlled accounts for children under 13

In response to growing concerns about children’s exposure to social media, WhatsApp is now opening its messaging platform to users under 13 through accounts managed by parents or guardians. The move aims to provide a safer environment for preteens, allowing limited interaction while giving adults......