Meta cancels plans for high-end mixed-reality headset
By Yuvraj Malik (Reuters) – Meta Platforms has canceled plans for a premium mixed-reality headset intended to compete with Apple’s Vision Pro, the Information reported on Friday. The company told…
Meta, Spotify CEOs take aim at European AI regulations
By Juby Babu (Reuters) – Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek have critisised European regulations surrounding open-source artificial intelligence, saying the continent risks falling behind because of…
Polish billionaire plans to sue Meta over fake advertisements
By Anna Koper WARSAW (Reuters) – Polish billionaire Rafal Brzoska and his wife plan to sue Meta over fake advertisements on Facebook and Instagram that feature his face and false…
Meta beats censorship lawsuit by RFK Jr’s anti-vaccine group
By Jonathan Stempel (Reuters) – Meta Platforms defeated an appeal by Children’s Health Defense, an anti-vaccine group founded by Robert F. Kennedy Jr., challenging its censorship of Facebook posts that…
Meta in talks to use voices of Judi Dench, Awkwafina for A.I., NYT says
By Surbhi Misra (Reuters) – Meta is in discussions with actors such as Awkwafina and Judi Dench, as well as influencers, for the right to use their voices in its…
Facebook parent Meta sees strong global ad sales while keeping AI costs in check
By Katie Paul, Yuvraj Malik (Reuters) – Meta Platforms beat market expectations for second-quarter revenue on Wednesday and issued a rosy sales forecast for the third quarter, signaling that robust…
Meta to let users to create custom AI characters
By Juby Babu (Reuters) – Meta Platforms on Monday said it will roll out a new tool called AI Studio that will allow users to create, share and design personalized…
Meta in talks to buy 5% stake in Ray-Ban maker EssilorLuxottica
By Yuvraj Malik and Aditya Soni (Reuters) – Meta Platforms is in talks to acquire a stake of about 5% in EssilorLuxottica, its production partner for Ray-Ban smart glasses, the…
Nigeria fines Meta $220 million for violating consumer, data laws
By Elisha Bala-Gbogbo and and MacDonald Dzirutwe ABUJA (Reuters) – Nigeria fined Meta Platforms $220 million, its competition watchdog said on Friday, after investigations showed data-sharing on social platforms violated…
Meta decides to suspend its generative AI tools in Brazil
By Andre Romani and Luciana Magalhaes SAO PAULO (Reuters) – Meta Platforms said on Wednesday it decided to suspend use of generative artificial intelligence tools in Brazil in response to…