TMtechmemeSources detail how Meta's $17.1B settlement with state AGs came together as Meta wanted to avoid going to trial following losses in cases in LA and New Mexico (New York Times)industry1 day ago▲ 24Read story→
TMtechmemeTexas, which didn't join a multi-state case against Meta, negotiated a $1.05B side deal that could reach $1.335B if TikTok and YouTube adopt teen safety changes (Ryan Autullo/Bloomberg Law)industry2 days ago▲ 24Read story→
TMtechmemeJio Platforms, which owns India's largest carrier and counts Meta and Google as investors, gets regulatory approval to float India's largest-ever IPO of ~$4B (Vallari Sanzgiri/The Hindu BusinessLine)industry2 days ago▲ 24Read story→
TMtechmemeMeta intensifies its pressure campaign on TikTok and YouTube, running full-page ads in US newspapers demanding they adopt comparable teen safety protections (Alexandra S. Levine/Bloomberg)industry2 days ago▲ 24Read story→
TMtechmemeHow Meta founded FAIR in 2013, fell behind as it was distracted by the metaverse, and is spending an unprecedented amount of money trying to catch up (Harry McCracken/Fast Company)industry2 days ago▲ 24Read story→
TMtechmemeSources: Meta is testing robots from ABB and others to handle data center tasks such as swapping cables and resetting servers as it seeks to lower labor costs (Paresh Dave/Wired)industry3 days ago▲ 24Read story→
TMtechmemeMeta's India and Southeast Asia VP Sandhya Devanathan is joining OpenAI to oversee consumer growth and enterprise adoption across SE Asia and Australia (Jagmeet Singh/TechCrunch)industry3 days ago▲ 24Read story→
redditMeta planned to shrink some teams by up to 60% with AI agents. Then it backed off.redditartificial-intelligenceartificial3 days ago▲ 10Read story→
rssMeta executive leaves for OpenAI as the social media giant faces growing scrutiny in IndiatechcrunchindustryAI3 days ago▲ 44Read story→
YhackernewsMeta Paid $17B – Gets to Write Safety Rules for Other SocMedia Platformhackernews3 days ago▲ 40Read story→
TMtechmemeInternal memo: Meta's AI agent Hatch "has its own computer" to perform tasks, works when the app is closed, can connect to email, Instagram, OpenTable, and more (Hugh Langley/Business Insider)industry3 days ago▲ 24Read story→
TMtechmemeMeta's AG settlement says its age verification framework will use "reliable age signals" shared with it by "OS and app stores operated by Apple and Google" (Lauren Feiner/The Verge)industry3 days ago▲ 24Read story→
TMtechmemeSources: Meta internally projected that it could spend as much as $10B annually on Anthropic's AI models, even as Zuckerberg publicly criticized Anthropic (New York Times)industry3 days ago▲ 24Read story→
rssHere’s all the times AI has gone rogue and hacked other companiestechcrunchindustryAI3 days ago▲ 44Read story→
TMtechmemeSources: Adam Mosseri met with state AG representatives roughly a month ago, saying Meta would appeal any adverse verdict but was willing to make changes (Reuters)industry4 days ago▲ 24Read story→
TMtechmemeMeta says its new teen safeguards on Facebook and Instagram are exclusively for US users; the changes will be closely watched by officials outside of the US (Bloomberg)industry4 days ago▲ 24Read story→
TMtechmemeYouTube and TikTok are yet to publicly acknowledge Meta's proposed changes under its AG settlement; some US lawmakers signal an appetite for industry-wide rules (Mike Isaac/New York Times)industry4 days ago▲ 24Read story→
TMtechmemeArturo Béjar, a key witness in state AGs' trial against Meta, says terms of the settlement are insufficient to protect young users; Meta rejects the criticism (Nick Robins-Early/The Guardian)industry4 days ago▲ 24Read story→