Meta puts children at risk with AI companions and algorithm issues
If past behavior is any indication of future actions, it’s understandable why parents might be skeptical about Meta. The company has repeatedly put child safety on the back burner when it comes to platforms like Facebook and Instagram. Often, changes seem to happen only after significant scrutiny or pressure. It’s frustrating, really, because many parents […]
Meta, led by Mark Zuckerberg, declines to address widespread scams linked to false advertisements in order to protect its revenue.
Recent reports suggest that Meta has permitted thousands of fraudulent ads to circulate on its platform, seemingly reluctant to take action against suspected fraud to avoid losing advertising income. The Wall Street Journal noted on Friday that parents on Facebook and Instagram made up nearly half of all fraud-related complaints regarding Zelle transactions reported by […]
Meta, led by Mark Zuckerberg, requests that a judge dismiss the FTC’s antitrust lawsuit.
Meta, the company led by Mark Zuckerberg, has urged a federal judge to dismiss the FTC’s significant antitrust lawsuit. This case could potentially result in the breakup of the tech giant during the ongoing trial. On Thursday, the FTC concluded its opening arguments, asserting that Meta unlawfully dominates the social media app market that depends […]
Meta requests a judge to dismiss the FTC lawsuit.
On Thursday, Meta requested a federal judge to dismiss the Federal Trade Commission (FTC) case accusing the company of antitrust violations. They contended that the FTC has not adequately demonstrated that Meta holds a monopoly in personal social networking or that its purchases of Instagram and WhatsApp were anti-competitive. The argument from Facebook’s parent company […]
Meta postpones launch of major ‘Behemoth’ AI model due to engineering challenges.
Meta, the company led by Mark Zuckerberg, has decided to postpone the launch of its ambitious AI model, “Behemoth,” due to concerns regarding its abilities. According to a report from the Wall Street Journal, sources familiar with the situation indicated this on Thursday. Engineers at the company have faced difficulties in making substantial advancements with […]
Parents group takes aim at META following harsh report on child sexual exploitation
The American Parents Coalition (APC) is urging various Congressional Committees to launch an investigation into how Meta prioritizes engagement metrics that may endanger child safety. This appeal is part of a broader strategy initiated by the APC, which includes outreach to lawmakers, the introduction of a parental notification system designed to assist parents in addressing […]
Meta executive cautioned that ‘fake engagement’ on Instagram might reach about 40% according to court documents.
Documents unveiled during a recent FTC trial revealed that Meta executives were once worried about 40% of interactions on Instagram being flagged as “fake.” This alarming detail came to light in a 2018 email exchange involving Instagram’s current head, Adam Mosseri, alongside other executives who alerted that the platform was underestimating its integrity efforts in […]
Meta is exploring the use of stablecoins for international payments.
Meta is reportedly exploring the use of stablecoins for cross-border payments. The company is in talks with various crypto firms and plans to utilize multiple types of stablecoins, according to an unnamed source quoted by Fortune on May 8. The idea is to facilitate international transactions without incurring the fees typically associated with wire transfers […]
Meta Encouraged Big Tech Critic to Offer Support Before FTC Antitrust Trial
The Media Research Center (MRC) alleges that Mark Zuckerberg’s Meta attempted to court a well-known conservative watchdog group just before its significant antitrust trial with the FTC, which aims to reverse the acquisitions of Instagram and WhatsApp. Multiple sources indicate that Meta officials reached out to MRC executive Schneider in early April, coinciding with the […]
Meta sought assistance from Big Tech critic Media Research Center right before the FTC trial, according to sources.
Meta seems to be reaching out to influential critics in the tech sphere, presumably to win favor with Zuckerberg and sidestep a significant antitrust trial looming on the horizon. The Federal Trade Commission has accused Zuckerberg of employing a “buy or bury” tactic to maintain its monopoly status, which led to Meta selling off Instagram […]