The Latest Breaking News from Meta

Meta sued over claims AI penalized workers who took maternity leave

A group of 26 Meta employees has sued the company, claiming it used artificial intelligence systems that disproportionately targeted those on medical or family leave for layoffs

The Independent UK · Jul 14

Book publishers sue Google for copyright infringement over Gemini AI training

Group of major publishers accuses the tech giant of ‘one of the most prolific infringements of copyrighted materials in history’

The Guardian - UK · Jul 14

Meta says it will spend an extra $40 billion on its nearly 4,000-acre data center campus in Louisiana in its quest for more compute power

Meta mega campus covers 4,000 acres and will require 10 methane-burning gas turbine plants to power the data center, which is set to use three times more electricity than New Orleans.

TechRadar · Jul 14

Meta Stock Just Surged 21% in 3 Weeks: Shay Boloor Calls It the 'Market's Latest Darling'

Meta Platforms Inc. (NASDAQ:META) has officially transformed from a cautionary tale of extreme capital expenditure into the “market’s latest darling,” following a rapid 20.97% stock rally in roughly three weeks, driven by a radical shift in how Wall Street values the tech giant’s artificial intelligence infrastructure.

Benzinga · Jul 14

Government says social media platforms must follow SOPs on child abuse material

Social media platforms must follow child abuse material reporting standards. Timely reporting and law enforcement coordination are key responsibilities. The government is examining Meta's response to Instagram ad concerns. Officials stated platform compliance with detection and reporting obligations is crucial. Future actions will be decided after assessing Meta's reply.

The Economic Times · Jul 14

Meta halts Instagram AI image feature after fierce backlash

Meta has suspended its new "Muse Image" AI feature on Instagram, just three days after its debut, following intense global backlash from users, industry bodies and privacy advocates over a system that allows anyone to generate images of other people without their explicit consent.

Bangkok Post · Jul 14

Major platforms have the tools to stop sexual extortion, but they’re not using them – new report

It begins with a follow request. An 18-year-old male accepts one on Instagram from an attractive female stranger. She likes his posts, messages him first, friendly, flattering, quick to move the chat to a messaging app.

The Conversation · Jul 14

Brussels Moves to Force Meta and TikTok to Redesign 'Addictive' Apps Amid EU Child Safety Law

The European Commission is urging Meta and TikTok to alter addictive features on their platforms, as part of a broader EU initiative to regulate children's access to social media.

International Business Times UK · Jul 13

Meta and xAI Just Strengthened Nvidia's AI Moat, Portfolio Manager Says

As investors debate whether custom AI chips will eventually chip away at Nvidia Corp.’s (NASDAQ:NVDA) dominance, Gabelli Funds portfolio manager John Belton says the latest releases from Meta Platforms Inc. (NASDAQ:META) and Space Exploration Technologies Corp‘s (NASDAQ:SPCX) xAI suggest the chipmaker’s competitive moat remains firmly intact.

Benzinga · Jul 13

Meta Platforms Stock Rises as Muse Spark 1.1 AI Model Debuts

Meta Platforms stock is rallying as its new Muse Spark 1.1 AI model shows improved intelligence scores and marks Meta's first push to monetize AI models via per-token pricing.

MarketBeat · Jul 13