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The Latest Breaking News from Meta

News Corp aren’t ‘obsessed’ with the ABC, executive chairman says

Michael Miller, who is responsible for The Australian, Daily Telegraph, news.com.au and Sky News Australia, also blames social media for many of society’s ills

The Guardian - AU

Meta to train AI on UK Facebook and Instagram posts: how to opt out

Privacy activists have slated Meta’s plans to feed its AI photos and posts shared by adults on its social media platforms

Evening Standard

Social media giants told to pay price, play by rules

For years, social media companies have been accused of acting above regulation but a top media boss says they must play by the same rules as everyone else.

AAP

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Meta's Affordable Quest 3S Could Cost 11 Times Less Than Apple Vision Pro

Meta's rumored upcoming Quest 3S mixed reality headset could be priced 11 times less than Apple's $3,500 Vision Pro spatial computer headset. With such a low price, it could completely crush the Vision Pro on price alone.

Inverse

Summer Games Fest has already begun for the Meta Quest 3

The Meta Quest 3 is getting loads of new updates and new games coming soon, including Hitman 3, a new Beat Saber OST, Netflix, Supernatural MR mode, and more.

Android Central

Unskippable ads are tech's latest curse – and now they're even coming to Instagram

Instagram has confirmed that it's starting unskippable ads – and that could prove the final straw for some of its users.

TechRadar

Meta Quest 3S launch tipped as Meta Connect 2024 dates announced

Meta revealed the dates for Meta Connect 2024 where they are expected to reveal the lite Meta Quest 3S VR headset.

Tom’s Guide

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Texas AG Ken Paxton launches new team to prosecute online privacy and security cases

The new initiative will target companies that illegally collect and sell users’ data, Paxton’s office said.

The Texas Tribune

Billionaire Daniel Loeb's Third Point Boosts AI Holdings in Q1, Re-buys Alphabet After Selling Entire Stake

Daniel Loeb's fund increased holdings in Amazon and Meta while trimming exposure to Microsoft in Q1. It also bought 3 million Alphabet shares and opened a new position in Marvell Technology.

International Business Times UK

Netflix has a plan to fix its Meta Quest 3 app… abandon it and use the browser

Netflix and Meta have announced a new browser-based version of Netflix is coming to replace the old app on Quest.

TechRadar

Instagram begins testing non-skippable ads in the main feed

No scrolling past these…

Fortune

Elon Musk does not grasp EU fears about disinformation on X, official says

EU commissioner Vera Jourová says tech firms must hire staff versed in legal and historical context of free speech in Europe

The Guardian - UK

Meta, Google In Bullish Charts As Analysts Raise Profit Estimates

Analysts expect profits to increase for Meta, Google, Coinbase and JPMorgan Chase. All four are near buy points with strong IBD Ratings.

Investors Business Daily

Why Facebook won’t be influential in the UK general election

In this week’s newsletter: All-powerful ‘microtargeting’ swaying the masses into voting a certain way was always overblown, but these days social media has moved on – and so have the parties

The Guardian - UK

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Android Central

Quest fans, mark your calendars for a jam-packed Meta Connect on September 25

Meta Connect 2024 will take place on September 25 and 26; here's what we expect from the showcase, from a new Quest headset to an AR glasses demo.

Investors Business Daily

Dow Jones Futures Fall As Growth Fears Mount; 7 Stocks Near Buy Points

The stock market was mixed Monday, but once again closed strong. Nvidia jumped while Meta and Spotify are stocks near buy points.

Android Central

Uh-oh, Instagram is testing ads and you can't skip them

Instagram is testing new ads on its platform, and Reddit users are expressing frustration. Is it time to quit the app?

The Guardian - AU

Guardian Essential poll: two-thirds of voters support raising minimum age for social media to 16

Survey also shows increasing desire for government regulation of hate speech and artificial intelligence

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Creative Bloq

Artists threaten to leave Instagram in droves over AI art training

Meta's making it almost impossible to opt out.

Fortune

Ex-Facebook and Nike diversity manager gets 5 years in jail over $5m fraud scheme

Barbara Furlow-Smiles stole more than $4.9 million that had been earmarked for DEI initiatives from Facebook, with the help of her former interns, a hairstylist, baby-sitters, nannies and even her university tutor.

Crikey

Photographers are mad that Instagram is labelling edited photos as ‘made with AI’ while ignoring AI generated images

Meta is labelling photographs edited to remove specks of dust as ‘made with AI’ while letting through completely AI-generated, obviously fake images.

TechRadar

I love Razer's Meta Quest 3 accessories, but I hate how damn expensive they are

I tested Razer's Meta Quest 3 head strap and facial interface – here's whether you should buy them or not.

The Guardian - UK

Growing sponsorship row leaves UK summer arts festivals in turmoil

Book festivals and events still sponsored by Baillie Gifford to meet investment firm amid row over funding

The Guardian - UK

‘The first TikTok election’: are Sunak and Starmer’s digital campaigns winning over voters?

The Tories and Labour are forking out more than ever on social media ads, but going viral isn’t easy. We speak to influencers and strategists about the messages and memes

Fortune

Mark Zuckerberg is quietly sitting on a shopping empire with 4 times the customers of Amazon, as Facebook Marketplace skyrockets

The secondhand platform boasts up to 1.2 billion monthly users, with Gen Z and millennials flocking to the site in search of hidden gems.

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