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The Latest Breaking News from Meta

What's Next After Nvidia's Market Cap Surpasses Apple and Microsoft?

Stock markets experienced a 'flippening' of sorts on Tuesday, as Nvidia became the world's biggest company by market cap, surpassing Apple and Microsoft. Here's what lies ahead for these $3 trillion giants as they vie for the crown.

Barchart

How the psychology of fraud drove a rising DEI star to steal $5M from Meta and Nike

Barbara Furlow-Smiles is facing a five-year prison sentence for siphoning millions from her employers.

Fortune

Meta just dropped an open source GPT-4o style model — here’s what it means

Meta just publicly released a new AI model that can hold its own against Gemini Pro and GPT-4V

Tom’s Guide

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AI boom makes European universities the new Harvard and Stanford for tech talent

Mistral CEO Arthur Mensch’s Parisian alma mater is a breeding ground for France’s $2.3 billion AI talent boom.

Fortune

Before you buy a Quest 2 on Prime Day, consider why you shouldn't

Getting a great Meta Quest 2 Prime Day deal will likely be possible this year, but you might not want to jump on it immediately.

Android Central

The AI hype has made NVIDIA the world's most valuable company, ahead of Microsoft and Apple — It's the most profitable chip brand, too

NVIDIA is now the world's most valuable company, ahead of Microsoft and Apple. On Tuesday, the chipmaker's market share price rose to an all-time high, pushing its market valuation to $3.335 trillion.

Windows Central

‘You cannot do mass surveillance privately, full stop’: Signal boss hits out at government encryption-busting moves

A ‘legitimate grievance’ with big tech firms is being used by police as a pretext to undermine privacy, Meredith Whittaker says

The Guardian - AU

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Meta secretly delayed my most anticipated Quest 3 feature, and we finally know why

Meta CTO Andrew Bosworth has reveled why we haven't seen Augments on the Meta Quest 3 yet.

TechRadar

Some child psychologists say the U.S. surgeon general’s call for social media warning labels is ‘moral panic’

Other mental health experts, in contrast, say warning labels are a great first step that could save lives.

Fortune

Meta To Use Public Photos and Posts To Train AI: Here's How US, UK And Europe Users Can Opt Out

Artists flee Instagram as Meta trains AI on their public posts, sparking privacy concerns. Europe offers opt-out, but US users have few options.

International Business Times UK

WhatsApp finally lets you send HD photos and videos by default

WhatsApp now lets you make higher quality uploads the default setting.

Android Central

Xreal's Beam Pro Could Be a More Affordable Alternative to Apple Vision Pro's Spatial Computing

Starting at $199, Xreal’s Beam Pro is a phone-like device with dual 50-megapixel cameras for capturing 3D photos and video, dual USB-C ports, and all the apps and content you'd ever want to look at on a giant 154-inch virtual screen.

Inverse

The Meta Quest 3's next-gen AR upgrade has been delayed

Meta Augments, the next-generation mixed reality upgrade for the Meta Quest 3, was sent back to the drawing board earlier this year because it wasn't good enough.

Android Central

Xreal's cheap smartphone-like gadget solves the biggest issues with AR smart glasses

Xreal's new Beam Pro isn't a smartphone, but it still looks like it might be the AR gadget we've been waiting for.

TechRadar

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Fortune

At Cannes, the ad industry contemplates its AI future with a mix of hope and fear

At the annual advertising industry confab, executives are trying to figure out their AI future. But they may be suffering from a lack of human imagination.

Fortune

Linda Yaccarino shares her biggest moment of imposter syndrome from her last year running Elon Musk’s X

Linda Yaccarino said the "best message I ever got of all time" was Elon Musk posting he had appointed a female CEO of X.

The Guardian - UK

‘Encryption is deeply threatening to power’: Meredith Whittaker of messaging app Signal

The woman in charge of the secure communication channel remains implacably opposed to the ‘disease’ of surveillance – and concerned about the sharing of personal data

Evening Standard

Cambridge-based CuspAI taps 'godfather of AI' Geoffrey Hinton as it raises $30 million seed funding

The round was led by Hoxton Ventures alongside funding from Basis Set Ventures and Lightspeed Venture Partners

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TechRadar

Logitech's new MX Ink stylus might be a dream art tool for your Meta Quest headset

The MX Ink is said to deliver an immersive experience thanks to low-latency performance and haptic feedback.

Kiplinger

Surgeon General Eyes Social Media Stocks With Warning Label Push

Social media stocks are under pressure after the U.S. surgeon general called for warning labels on social media platforms. Here's what you need to know.

The Independent UK

Inside election social media campaign costs as Labour outspends all other parties combined

Labour has spent over £2.4m since May 22 on Meta and Google ads alone

Fortune

Meta and Apple will likely be the first targets of Europe’s new antitrust powers

The first charges under the EU’s Digital Markets Act are reportedly being prepared over Apple’s developer fees and Meta’s privacy subscription gambit.

The Independent UK

Keeping children safe on social media: What parents should know to protect their kids

At what age should kids be on social media

Android Central

The Quest 2 and 3 are getting an official stylus controller for artists and designers

Drawing in VR is a lot of fun, but a Quest Touch controller isn't a very good tool for it. Logitech's new MX Ink will make drawing, designing, and note-taking much easier while using a Quest 2 or 3.

The Guardian - AU

‘Can’t look away’: Israel-Gaza war driving rise in news consumption among gen Z Australians, report suggests

Conflict a ‘news moment’ for some young Australians who are increasingly relying on social media for information

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