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TM
techmeme

Sources 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)

industry
1 day ago▲ 24
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TM
techmeme

Texas, 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)

industry
2 days ago▲ 24
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TM
techmeme

Jio 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)

industry
2 days ago▲ 24
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TM
techmeme

Meta 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)

industry
2 days ago▲ 24
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TM
techmeme

How 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)

industry
2 days ago▲ 24
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TM
techmeme

Sources: 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)

industry
3 days ago▲ 24
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TM
techmeme

Meta'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)

industry
3 days ago▲ 24
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reddit

Meta planned to shrink some teams by up to 60% with AI agents. Then it backed off.

redditartificial-intelligenceartificial
3 days ago▲ 10
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rss

Meta executive leaves for OpenAI as the social media giant faces growing scrutiny in India

techcrunchindustryAI
3 days ago▲ 44
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Y
hackernews

Meta Paid $17B – Gets to Write Safety Rules for Other SocMedia Platform

hackernews
3 days ago▲ 40
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TM
techmeme

Internal 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)

industry
3 days ago▲ 24
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TM
techmeme

Meta'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)

industry
3 days ago▲ 24
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TM
techmeme

Sources: 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)

industry
3 days ago▲ 24
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rss

Here’s all the times AI has gone rogue and hacked other companies

techcrunchindustryAI
3 days ago▲ 44
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TM
techmeme

Sources: 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)

industry
4 days ago▲ 24
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TM
techmeme

Meta 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)

industry
4 days ago▲ 24
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TM
techmeme

YouTube 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)

industry
4 days ago▲ 24
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TM
techmeme

Arturo 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)

industry
4 days ago▲ 24
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