AI giants turn to massive debt to finance tech race
Meta raised $30 billion in debt on Thursday, as tech giants flush with cash turn to borrowing to finance the expensive race to lead in artificial intelligence.
Tags : Meta
Copper price hits record high
The price of copper reached a record high in trading Wednesday, the industrial metal boosted by hopes of a truce in the US-China trade war...
Tech giants Meta, TikTok to obey Australia under-16 social media ban
Tech giants Meta and TikTok said Tuesday that they would obey Australia鈥檚 under-16 social media ban but warned the landmark laws could prove difficult to enforce...
EU accuses Meta, TikTok of breaking digital content rules
The EU accused Meta and TikTok on Friday of breaking the bloc鈥檚 digital content rules, putting the companies at risk of hefty fines...
Meta to cut 600 jobs in AI division
Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday...
Metaliteracy is a civic necessity
THE digital age has provided us with more information than any other time in history. News, video and images reach us in seconds. But along with this abundance comes a new crisis: how do we know what鈥檚 real? With artificial intelligence that can churn out human-like text, resize and create voices, and create deepfake videos capable of fooling the sharpest of eyes...
Swiss solar furnaces recycling waste metal of watchmakers
A Swiss company inaugurated two solar furnaces on Friday in a watchmaking city, aimed at melting down and recycling the key industry鈥檚 steel offcuts by using green energy...
Court to mull Spain media against Meta trial verdict
A landmark trial in which Spanish media outlets are seeking more than 550 million euros from Facebook owner Meta over alleged breaches of EU data protection rules heard closing arguments Thursday.
Meta expands AI glasses line in a bet on the future
Meta showed off new smart glasses on Wednesday as it continued to bank on a lifestyle shift toward blending reality and virtual space despite the efforts inflicting heavy financial losses.
Ex-WhatsApp executive sues Meta over alleged security failures
A former top security executive at WhatsApp filed a federal lawsuit Monday alleging that parent company Meta systematically violated cybersecurity regulations and retaliated against him for reporting the failures...
Roar Global to strengthen Meta in Bangladesh
Roar Global, a Meta managed partner in Bangladesh, is strengthening its presence in the market with expanded services and a continued commitment to supporting the country鈥檚 digital growth...
Meta makes huge cloud computing deal with Google
Meta has made a cloud computing deal with Google worth more than $10 billion over the course of six years, a source close to the transaction told AFP Thursday.
US metals tariffs hit industrial goods, baby products
The United States has broadened the reach of its steel and aluminium tariffs, the Commerce Department said Tuesday, impacting hundreds more products that contain both metals such as child seats, tableware and heavy equipment...
Meta probed over AI chatbot talk with children
A United States senator on Friday announced an investigation into whether Meta AI chatbots were allowed to engage in potentially harmful online exchanges with children...
Meta working to thwart WhatsApp scammers
Meta on Tuesday said it shut nearly seven million WhatsApp accounts linked to scammers in the first half of this year and is ramping up safeguards against such schemes...
US tech titan earnings rise on AI as economy roils
Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence while navigating economic waters roiled by US tariffs...
AI Ray-Ban Meta glasses help EssilorLuxottica boost sales
EssilorLuxottica, the world鈥檚 top maker of eyeglasses, said Monday a tripling of sales of Ray-Ban Meta AI connected glasses helped drive increase in profits...
Meta to ban political ads in EU due to bloc鈥檚 鈥榰nworkable鈥� rules
Meta on Friday said it will be forced to ban political advertising on its platforms in the European Union from October because of rules the Facebook and Instagram owner called 鈥榰nworkable鈥�...
Heavy metal pollution in Buriganga poses health, ecological risks: study
A recent study has revealed alarming levels of heavy metal contamination in the Buriganga River, posing significant threats to both the environment and public health in and around Dhaka city...
Mark Zuckerberg settles lawsuit over Cambridge Analytica scandal
Meta chief Mark Zuckerberg and other company board members settled a shareholder lawsuit on Thursday concerning decisions made in the wake of the Cambridge Analytica privacy scandal.
Meta says will appeal 鈥榰nlawful鈥� EU fine
Facebook owner Meta said it will appeal a 200-million-euro fine slapped on it by the EU after the bloc accused the company of breaking digital competition rules...
Meta鈥檚 AI talent war raises questions about strategy
Mark Zuckerberg and Meta are spending billions to recruit top artificial intelligence talent, triggering debates about whether the aggressive hiring spree will pay off in the competitive generative AI race...
Meta makes major investment in Scale AI, takes in CEO
Scale AI announced a major new investment by Meta late Thursday that values the startup at more than $29 billion and puts its founder to work for the tech titan.
Meta fighting Nigerian fines
Meta on Saturday vowed to fight Nigerian fines for various consumer data violations, reportedly threatening to cut off Facebook and Instagram in Africa鈥檚 most populous country...
Meta's head of AI research stepping down
The head of Meta's artificial intelligence research division said she plans to step down, vacating a high-profile position at a time of intense competition in the development of AI technology...
Meta plans stand-alone AI app
Meta plans to add an artificial intelligence app to its stable of stand-alone offerings including Instagram, Facebook and WhatsApp, according to a report Thursday by CNBC.
鈥業gnition of Metaphor鈥� depict stories of abused women, children
Young artist Md Zahurul Islam has portrayed the stories of abused women and children in his first solo exhibition titled Ignition of Metaphor under way at the National Art Gallery of Bangladesh Shilpakala Academy in Dhaka...
Meta guru urges Europe to gamble more on AI
Europe should take greater risks and plough more money into artificial intelligence, Meta鈥檚 chief AI scientist Yann LeCun told AFP at the World Economic Forum.
Biden blasts 鈥榮hameful鈥� Meta decision to scrap US fact-checking
US president Joe Biden blasted Meta Friday for scrapping fact-checking on Facebook and Instagram in the United States, calling the move 鈥榬eally shameful鈥� after a global network warned of real-world...
Australia to force tech titans to pay for news
Australia will force Meta and Google to pay for news shared on their platforms under a new scheme unveiled Thursday, threatening to tax them if they refuse to strike deals with local media...
