Meta is considering job cuts that could impact 20% of its employees due to expenses related to AI.
Meta Considers Major Workforce Reduction Amid AI Investment Reports indicate that Meta is contemplating job cuts that could impact at least 20% of its workforce. This move seems aimed at managing the escalating expenses associated with its artificial intelligence infrastructure. Sources familiar with the situation told Reuters that the potential layoffs are intended to help […]
Meta postpones launch of new AI, considers licensing Google’s Gemini after unsatisfactory test results.
Meta Delays AI Model Release Meta Inc., led by Mark Zuckerberg, is postponing the launch of its upcoming artificial intelligence model by about two months. The decision comes after internal tests indicated that the new technology didn’t measure up to competitors from Google, OpenAI, and Anthropic. In light of their findings, Meta’s AI leaders are […]
Meta Acquires Moltbook, the Social Media Platform for AI Agents
Meta Acquires Moltbook, an AI Agent Social Network Mark Zuckerberg’s Meta has taken over Moltbook, a platform reminiscent of Reddit where AI agents interact with one another. This acquisition brings a platform that has generated both interest and controversy into the hands of one of the tech industry’s giants. According to a report, Meta has […]
News Corp. signs a $50 million annual AI licensing agreement with Meta
News Corp Enters Multi-Year AI Content Licensing Deal with Meta News Corp has finalized an AI content licensing agreement with Meta, potentially worth up to $50 million annually. This deal, set to span a minimum of three years, permits Meta to utilize copyrighted materials from News Corp’s media outlets in the U.S. and U.K. This […]
Footage of Meta smart glasses reportedly seen by AI contractors in Kenya
Smart Glasses and Privacy Concerns Smart glasses are being positioned as the next big thing, seamlessly integrating technology into daily life. You can ask questions, quickly capture moments on video, and instantly recognize your surroundings. It all sounds incredibly handy. However, recent research indicates that this convenience may come at the cost of privacy—something many […]
Judge in social media case prevents Meta from adding new trauma claims from the plaintiff
Judge Blocks Defense from Introducing Abuse Claims in Social Media Trial A judge in a Los Angeles trial involving social media has denied Mehta’s defense the opportunity to present documents claiming that a plaintiff experienced “sexual abuse as a child.” This took place after psychiatrist Dr. Kara Baggott, a witness for the jury and the […]
Woman taking legal action against Meta claims social media addiction started at age 6
Testimony in Landmark Lawsuit Against Social Media A young woman has recently testified in Los Angeles Superior Court regarding her addiction to social media, claiming it began at just 6 years old. She expressed how this early involvement hurt her friendships and contributed to her depression during childhood. The plaintiff, referred to as “KGM,” shared […]
Meta attempted to prevent lawyers from questioning Mark Zuckerberg about his $231B wealth in the social media trial in LA, according to court documents.
In a recent social media addiction trial in Los Angeles, Mehta attempted to block inquiries about Mark Zuckerberg’s substantial wealth, based on documents that came to light last Friday. The unsealed filings from Los Angeles County Superior Court reveal that the CEO of Meta sought to shield Zuckerberg from the same level of examination as […]
AMD secures a major $100B AI chip agreement with Meta led by Mark Zuckerberg
AMD’s Big AI Deal with Meta Advanced Micro Devices (AMD) announced on Tuesday that it plans to sell as much as $60 billion worth of artificial intelligence chips to Meta Platforms over the next five years. This arrangement also gives Meta, the owner of Facebook, the option to acquire up to 10% of AMD’s stock. […]
Most Americans believe Meta and Google should be responsible for the social media addiction issue, according to a survey.
Survey Reveals Public Concerns Over Social Media Accountability A recent survey revealed that a significant 86% of Americans believe that Meta and Google should be held responsible for their contributions to social media addiction, which is linked to rising anxiety, eating disorders, and even suicides among children. Additionally, around two-thirds of U.S. voters—67%—indicated they would […]