Meta has appointed Clara Shih, the former CEO of AI at Salesforce, to spearhead a newly created Business AI group aimed at developing AI tools for businesses using its social media platforms
Read MoreMeta has appointed Clara Shih, the former CEO of AI at Salesforce, to spearhead a newly created Business AI group aimed at developing AI tools for businesses using its social media platforms
Read MoreMeta says that it disagrees with the Competition Commission of India's (CCI's) decision to slap a penalty and plans to appeal against the CCI order
Read MoreIn its statement, the EU argued that Meta violated competition rules by bundling Facebook Marketplace, its online classifieds service, with the broader social network, thereby creating unfair trading conditions that disadvantaged other classified ad providers in Europe
Read MoreThe FTC’s lawsuit, first brought during the Trump administration and later refined under President Biden, accuses Meta of using its acquisitions to maintain monopoly power by eliminating potential competition
Read MoreThe new tool would enable Meta’s chatbot, Meta AI, to provide conversational responses to real-time queries on its platforms, including WhatsApp, Instagram and Facebook
Read MoreThis latest move is part of a broader restructuring campaign that has seen the company cut approximately 21,000 jobs since November 2022 in an effort to streamline operations and reduce costs
Read MoreMeta, the parent company of Facebook and Instagram, will face lawsuits from multiple US states accusing it of contributing to mental health problems among teenagers through addictive features on its platforms
Read MoreThe tech giant claims that Movie Gen outperforms tools developed by leading AI startups like OpenAI, ElevenLabs, and Runway
Read MoreThe fine comes after a probe found that the social media giant kept some users' passwords in plaintext
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