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The Latest Breaking News from Meta

Breaking 3 publishers covering this story in the last 6 hours

1h ago Facing pushback on data centers, tech giants are promising hosts more money and fewer secrets
1h ago Meta Ordered To Pay Record $25 Billion in Cambridge Analytica-Linked Case After Judge Cuts $219 Billion Figure
4h ago Meta beats expectations but legal penalties hit profit amid AI race
4h ago X Community Notes 'failed' to flag US election falsehoods, study says
5h ago Meta strikes deal to keep Mark Zuckerberg in California after wealth tax concerns

Mark Zuckerberg Says Buyers Are Offering Meta a 'Significant Premium' for Its Compute — But He Turned Them Down, Calls Selling 'Foolish'

Zuckerberg is underwriting a multiyear compounding story.

Barchart · Aug 7

Meta To Pay Hundreds Of Millions In New Mexico For Harming Kids. More Lawsuits Are Pending

Meta has been ordered to pay an additional $567 million in a legal case where it was found that the company's products hurt the mental health of children and enabled sexual predators.

International Business Times · Aug 7

Lawmakers From Meta's Biggest Market Want Zuckerberg To Apologize After Restricting a Post From Its PM

A parliamentary committee threatened to recommend stripping the company of its safe harbor protections unless Chief Executive Mark Zuckerberg apologizes over the temporary restriction of a Facebook post by Prime Minister Narendra Modi.

International Business Times · Aug 7

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Judge Fines Meta $567M Over AI Sex Simulations Involving Children in Damning Public Nuisance Ruling

A New Mexico judge fines Meta $567 million, rules Facebook and Instagram created a public nuisance, and orders sweeping AI and child safety reforms after a landmark court decision.

International Business Times UK · Aug 7

Microsoft, Amazon, Meta, Google Are 'Collectively Overinvesting' In AI: 'That's Betting, Not Investing,' Says 'Dean of Valuation'

Aswath Damodaran, the NYU Stern professor known as the “Dean of Valuation,” says Big Tech is “collectively overinvesting” in artificial intelligence, driven as much by fear of being left behind as by any clear path to profit.

Benzinga · Aug 7

‘I gave up on having kids while I’m at Meta’: Employee says layoff fears derailed family plans, internet erupts

An anonymous Meta employee has gone viral after revealing that fears of future layoffs have made her postpone having children. In a candid post on Blind, she said the lack of job security, shifting company priorities and uncertainty about returning from maternity leave have left her unwilling to start a…

The Economic Times · Aug 7

New Mexico judge calls Meta a 'public nuisance' that's like a factory emitting 'noxious pollution' in record $567 million fine — and even Meta's own attorneys agree

In the second phase of the landmark New Mexico case, the judge says Facebook and Instagram are major polluters.

TechRadar · Aug 7

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Broadcom Will Survive the AI Bubble, But Everyone Else Won't. Here's Why.

Broadcom may look like another AI chip stock, but its long-term custom-chip contracts give it a level of demand visibility that many rivals lack.

Barchart · Aug 7

This man was secretly snapped by someone with smartglasses. He’s not alone in calling that a violation of privacy

The backlash to what some dub ‘pervert glasses’ is growing – but people living with disabilities point out the new tech can also be life-changing

The Guardian - AU · Aug 7

US judge compares Meta to 'public nuisance,' orders $567m payout over child harm

Meta has been ordered to pay another $567 million by a US judge over allegations that its social media platforms exposed children to harmful content and failed to adequately protect young users.

The Times of India · Aug 7

Govt-Meta meeting enters technical round on day 3; company lists ways to curb deepfakes, CSAM

After two days of meetings that saw IT Minister Ashwini Vaishnaw questioning Meta's team - led by global affairs head Joel Kaplan - on the content recommendation algorithms and the social media giant's compliance with local laws, day three of discussions was technical.

The Economic Times · Aug 7

Amicus Brief in Lawsuit Against Meta Over Buffalo Supermarket Shooting and Allegedly Addictive Design

From Jane Bambauer's and my brief in Patterson v. Meta Platforms, Inc., pending now before New York's highest court (for… The post Amicus Brief in Lawsuit Against Meta Over Buffalo Supermarket Shooting and Allegedly Addictive Design appeared first on Reason.com.

Reason · Aug 7

The White House’s plan to vet potentially dangerous AI is cloaked in secrecy

A Trump administration framework on AI testing leaves a lack of transparency – and plenty of open questions

The Guardian - US · Aug 7

First Thing: Soaring oil profits from US-Iran conflict drive calls for windfall tax

Environmentalists and activists furious as Trump’s policies raise costs for Americans

The Guardian - UK · Aug 7

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The Economic Times · Aug 7

Can AI companies be sued if autonomous agents hack other systems? Here's what legal experts say

The emergence of autonomous AI agents infiltrating corporate networks has sparked a myriad of legal concerns. Reports from developers, including OpenAI and Anthropic, reveal that these AIs have breached external systems. Current legislation, such as the CFAA and negligence laws, may apply. Companies affected by such breaches could pursue lawsuits…

The Independent UK · Aug 7

Facebook parent Meta slapped with massive $567M penalty over youth mental health crisis

IN FULL

International Business Times UK · Aug 7

Meta Layoff Fears Push Employee to Delay Having Children: 'Family Planning Seems Absurd'

Meta's layoffs driven by AI restructuring have led to employee concerns over job security, affecting personal decisions like family planning.

International Business Times · Aug 7

The 'Godfather Of AI' Says The Worst Is Yet To Come With Smarter Models Becoming Harder To Control

AI pioneer Geoffrey Hinton has warned that increasingly powerful artificial intelligence systems will become harder to control, saying recent incidents involving OpenAI, Anthropic and Meta may be early signs of more sophisticated rogue behavior to come.

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We Got This Covered · Aug 7

Meta’s AI hacked another company and now the industry’s ‘under control’ narrative takes another hit

A pattern that's getting harder to ignore.

The Economic Times · Aug 7

ETtech Explainer: Why Meta's Zuckerberg may have to publicly bend the knee in India

A parliamentary panel sought an apology from Mark Zuckerberg over the removal of Prime Minister Narendra Modi’s Facebook post, warning that Meta could lose its intermediary immunity if he refused. During a meeting with Ministry of Electronics and Information Technology (MeitY) officials on Wednesday, Meta's chief global affairs officer Joel…

The Independent UK · Aug 7

Meta found to have ‘knowingly harmed children’s mental health’ as it’s hit with another fine

IN FULL

International Business Times UK · Aug 7

Is Facebook Paying People to Make You Angry? Meta's $3 Billion Creator Programme Under Fire

Meta's Content Monetisation programme is criticised for funding controversial creators, including neo-Nazi and anti-vaccine accounts, raising questions about policy enforcement and transparency.

Euronews · Aug 7

Meta ordered to pay $567 Mn to US for 'public nuisance' and 'child harm'

A New Mexico judge has penalised the tech giant for creating a public nuisance and endangering children online. Meta confirmed it plans to appeal, insisting it works hard to protect young users across its platforms.

The Guardian - US · Aug 7

New Mexico court orders Meta to pay $567m over harms to children’s mental health

Ruling comes as part of second phase of landmark trial that found social media company enabled harm against users

France 24 · Aug 7

Social media giant Meta ordered to pay $567 million in New Mexico child safety ruling

A New Mexico judge on Thursday ordered Meta to pay more than $500 million, finding the social media company created a public nuisance and harmed children. The ruling follows a March jury verdict awarding the state $375 million after finding Meta liable for exposing children to online predators and other…

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