Tags: Meta

Apple Experiences 10% Decline in iPhone Shipments as Android Rivals Gain Steam

Apple Spends Less on AI Than Rivals; Investors Worried About Sales

Despite rivals investing heavily in AI-focused infrastructure, Apple, emphasizing hardware sales, maintains a lower capital expenditure, raising concerns about its sales and competitiveness.


EU Launches Investigation Against Meta Platforms Over Suspected Election Interference, Foreign Disinformation

The EU is preparing to initiate formal procedures against Meta, the company of Facebook and Instagram, over concerns that it is not doing enough to combat Russian disinformation ahead of the EU elections in June.

Mark Zuckerberg's Net Worth Takes a $22 Billion Hit as Meta Stock Dives

Mark Zuckerberg's fortune dropped by $22 billion in a single day, marking it as the fourth-largest billionaire decrease recorded by the Bloomberg Billionaires Index.

Mark Zuckerberg Wants Investors to Wait for Their Long Term AI Vision Following Decline in Stock

Mark Zuckerberg seeks investor patience as Meta continuously pushes for AI projects, despite warnings and premarket stock decline fueled by increased spending and slower sales growth.


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China's top internet regulator ordered Apple to remove WhatsApp and Threads from their app store, citing national security concerns.
EU Slams Meta's 'Privacy for Cash' Model, Says SocMed Platforms Should Provide Free Option  Without Targeted Ads
EU privacy watchdog suggested that Meta platforms and other major online platforms should provide users with the choice to use their services for free, without the inclusion of targeted advertising.
GERMANY-TECHNOLOGY-VR-FACEBOOK-META
Meta's fee-based privacy model, facing opposition from the EU's privacy watchdog, prompts criticism for requiring users to pay for privacy protection, with advocacy groups calling for clarity on the issue.
Big Tech CEOs Testify At Senate Judiciary Committee Hearing
Meta CEO Mark Zuckerberg cleared of personal liability in child addiction lawsuits. US District Judge dismisses claims, emphasizing the necessity of a "special relationship" for liability. Meta remains liable, and lawsuits are ongoing.
LinkedIn Cuts Close To 200 Jobs In Bay Area
LinkedIn, in a bid to rival TikTok and Instagram in influencer marketing, has launched "Thought Leader ads," allowing advertisers to promote posts from independent creators.
Meta Platforms Inc. refutes the FTC antitrust lawsuit, arguing that consumers benefit from the acquisition of Instagram and WhatsApp, challenging FTC's narrow market definition.
In May 2024, Meta plans to add the phrase "Made with AI" to content generated or manipulated by AI, citing transparency and the desire to prevent needless limitations on free speech.
Users have reported "racism" in Meta's AI image generator, which fails to depict interracial couples despite Mark Zuckerberg's marriage to an Asian woman.
Recently revealed court documents claim that Meta had a covert operation called 'Project Ghostbusters' aimed at spying on Snapchat.
The EU probes tech giants Apple, Google, and Meta under Digital Markets Act for potential violations to curb market dominance. Apple recently fined $2B.
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