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Meta plans to add displays to its Ray-Ban smart glasses as soon as next year, as the US tech giant accelerates its plans to build lightweight headsets that can usurp the smartphone as consumers’ main computing device, Financial Times reported. The $1.5tn social media group is planning to add a screen inside the $300 sunglasses it makes and sells in
Earlier this year, Meta previewed Movie Gen, an AI video tool that looked impressively realistic (at least in the sample clips it released.) At the time, though, Meta said it was still a research project with no immediate plans to make the features available to users, Engadget reported. But now it seems that Movie Gen could arrive on Instagram sooner
Meta has been fined €251 million (around $263 million) in the European Union for a Facebook security breach that affected millions of user, which the company disclosed back in September 2018, TechCrunch reported. The penalty, issued on Tuesday by Ireland’s Data Protection Commission (DPC) enforcing the bloc’s General Data Protection Regulations (GDPR), is far from being the largest GDPR fine
Meta Platforms is urging California’s attorney general to block OpenAI’s planned conversion to a for-profit company, siding with Elon Musk in a battle between Silicon Valley’s most powerful artificial-intelligence players, The Wall Street Journal reported. In a letter to Attorney General Rob Bonta dated Thursday, Meta said allowing the ChatGPT maker to become a for-profit company would set a dangerous
The Australian government plans to introduce a levy on social media companies and search engines to force them to pay for journalism after Meta, the owner of Facebook and Instagram, walked away from an existing arrangement, Financial Times reported. In the proposed amendments to current regulations, any social media platform or search engine that derives more than $250mn in revenues
The European Commission has fined Meta €797.72 million for breaching EU antitrust rules by tying its online classified ads service Facebook Marketplace to its personal social network Facebook and by imposing unfair trading conditions on other online classified ads service providers. The Commission’s investigation found that Meta is dominant in the market for personal social networks, which is at least
Facebook owner Meta Platforms must face trial in a U.S. Federal Trade Commission lawsuit seeking its break-up over claims that it bought Instagram and WhatsApp to crush emerging competition in social media, a judge in Washington ruled on Wednesday, Reuters reported.