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…
New regulatory license for social media platforms in Malaysia to fight cyber offences
By Xinghui Kok SINGAPORE (Reuters) – Malaysia will require social media services to apply for a license if they have more than 8 millon users in the country from August…
Malaysia seeks social media platforms’ commitment to tackle cybercrimes
By Rozanna Latiff and Danial Azhar KUALA LUMPUR (Reuters) – Malaysia is seeking the commitment of social media platforms to tackle cybercrimes ranging from scams, cyberbullying and child pornography, its…
Gen AI productions are becoming more believable – what can we do?
Gen AI: In June 2024, an artificial intelligence-generated picture of the well-known K-pop star G-Dragon holding a transparent bag of bread while making peace signs with his hands went viral…
VIP deepfakes promote miracle cures on social media
Every day, sponsored content about miracle cures and supplements with extraordinary capabilities is posted on Facebook, Messenger, and Instagram, and it is often accompanied by artificial intelligence-generated images, video, and…
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…
Singapore orders social media firms to block 95 accounts tied to exiled Chinese businessman
By Xinghui Kok SINGAPORE (Reuters) – Singapore has ordered five social media platforms to block users in the city-state from accessing 95 accounts mostly linked to exiled Chinese tycoon Guo…
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…
What is CrowdStrike, the cybersecurity firm behind a global tech outage?
Βy Deborah Sophia and Zaheer Kachwala (Reuters) – Companies across several industries including airlines, banking and media were hit on Friday by a global tech outage tied to Microsoft‘s Azure…