Meta

Latest news and articles about Meta from NEX English

BBC uncovers hidden hate speech on social media platforms

BBC reports reveal the existence of concealed hate speech using coded language on social media, prompting Meta to take urgent action to remove it. This initiative is part of broader efforts to combat the rising tide of hate speech online, which poses severe consequences for communities.

China Confirms Support for Foreign Investment Despite Meta Deal Block

China has confirmed through spokesperson Li Chao that it has not pressured local companies to reject foreign investments, following its recent blocking of Meta's acquisition of AI startup Manus. This statement comes amid growing concerns about China's policy towards foreign investments.

Malaysia threatens Meta with legal action over fake accounts

The Malaysian government has announced plans to take legal action against Meta if it fails to curb fake accounts impersonating the royal institution. The Minister of Communications emphasized the need for Meta's cooperation to ensure user safety.

Court Rules Meta and Google Responsible for Social Media Addiction

In a landmark ruling, a U.S. jury found Meta and Google liable for social media addiction that impacted a young woman's mental health. Meta is now seeking to overturn this decision.

Meta Launches Campaign, Ronaldo Loses 18 Million Followers

Meta has initiated a comprehensive campaign to remove fake and inactive accounts on Instagram, resulting in Cristiano Ronaldo losing approximately 18 million followers. This move has sparked mixed reactions among users of the platform.

China bans Meta's acquisition of Manus amid rising tensions

The Chinese government has announced its decision to prohibit the American company Meta from acquiring the AI startup Manus. This decision comes amid ongoing government investigations, reflecting increasing trade tensions between China and the United States.

US Investigation Reveals Meta's Ability to Read Encrypted WhatsApp Messages

The US government has closed a secret investigation lasting 10 months into WhatsApp's encryption mechanisms, concluding that Meta can access encrypted messages. This revelation raises significant privacy concerns.

EU Warns Meta: Facebook and Instagram Must Protect Children

The European Union has warned Meta, the owner of Facebook and Instagram, to implement more effective measures to prevent children under the age of thirteen from accessing its platforms. This warning is part of the EU's efforts to safeguard children from potential online risks.

Meta Announces Layoffs for Over 700 Workers in Ireland

Meta has announced that more than <strong>700</strong> employees in Ireland may lose their jobs as part of a new round of layoffs aimed at improving company efficiency. This news follows a notification from Covalen, a contractor for Meta, about the impending job cuts.

China Cancels Meta-Manus Deal Amid Rising Tech Tensions

The Chinese government has announced the cancellation of Meta's acquisition of Manus, a Singapore-based startup with Chinese roots, reflecting escalating tensions in the tech race between the U.S. and China. This decision comes at a sensitive time as competition intensifies in the technology sector.

Australia Imposes Tax on Meta, Google, and TikTok to Fund Journalism

The Australian government has announced plans to impose new taxes on major tech companies like Meta, Google, and TikTok to support local media institutions. This initiative comes as traditional journalism faces declining revenues due to digital competition.

China Bans Meta's Acquisition of Manus: A Warning for Investors

China has announced its decision to prohibit the American company Meta from acquiring the AI startup Manus, valued at approximately <strong>$2 billion</strong>. This decision serves as a warning to investors and entrepreneurs in the technology sector, especially ahead of an anticipated visit by President <strong>Donald Trump</strong> to Beijing.

Australia Introduces Taxes on Tech Giants to Support Local Media

Australian Prime Minister Anthony Albanese announced a draft law targeting major tech companies like Meta, Google, and TikTok. The law imposes taxes on these companies if they fail to support local news outlets, aiming to compensate publishers for content that attracts traffic to their platforms.

China Forces Meta to Cancel AI Deal Amid Japan's Tightening Monetary Policy

Reports indicate that the Chinese government has compelled Meta, formerly known as Facebook, to cancel a deal related to artificial intelligence technologies. This development occurs as Japan shifts towards a more stringent monetary policy, amidst rising tensions between major economic powers.

Meta Cancels Manus Acquisition Amid Rising AI Competition

Meta, the owner of Facebook, has announced the cancellation of its acquisition of Manus, highlighting the challenges tech companies face in reducing ties with China. This decision comes as competition between the U.S. and China in artificial intelligence intensifies.

China Blocks Meta's Acquisition of Manus AI System

China announced today that it has blocked the acquisition of the Manus AI system by the American tech giant Meta. This decision comes amid rising technological competition between Beijing and Washington.

Sign Historic Agreement to Advance Solar Energy from Space

OverView Energy has signed a historic agreement with Meta, marking a significant step towards developing space-based solar energy technologies. This collaboration opens new horizons in sustainable energy and enhances innovation.

Beijing Blocks Meta's Acquisition of Chinese AI Company Manus

The Chinese government has announced its decision to block Meta's acquisition of the Chinese artificial intelligence company Manus, reflecting rising tensions between Beijing and Washington in the tech sector. This decision comes at a sensitive time as China seeks to protect its technological interests.

Meta plans to cut 10% of jobs to offset AI expenses

Meta, the owner of Facebook and Instagram, announced plans to reduce its workforce by 10% as part of its strategy to manage high costs associated with developing artificial intelligence technologies. This decision comes as the company plans to invest approximately <strong>$135 billion</strong> in data centers this year.

Explore AI Potential: Insights from Silicon Valley Leaders

Technology leaders in Silicon Valley, including <strong>Mark Zuckerberg</strong> and <strong>Jack Dorsey</strong>, are exploring AI capabilities to enhance management control. Despite challenges from major companies, their ambition to utilize this technology remains strong.

CoreWeave's Stock Declines Amid Meta Deal Concerns

CoreWeave is facing scrutiny from Wall Street regarding its recent deal with Meta and its financing plans. This comes as worries grow about the sustainability of growth amid increasing competition.

Meta expands partnership with CoreWeave in historic $21 billion deal

Meta has announced the expansion of its partnership with CoreWeave in a massive deal valued at <strong>$21 billion</strong>. This move is part of Meta's strategy to enhance its capabilities in cloud computing.

Meta and CoreWeave Expand AI Partnership with $21 Billion Deal

Meta and CoreWeave have announced an expansion of their partnership in AI cloud computing through a new deal valued at $21 billion. This move aims to enhance their competitive capabilities in the market.

Indonesia Implements New Social Media Restrictions to Protect Children

Indonesia's Digital Communications Minister, Mutiya Hafid, announced new restrictions on Meta-owned social media platforms like Facebook and Instagram to protect children from inappropriate content. These changes align with newly adopted laws in the country.

CoreWeave signs $21 billion cloud deal with Meta to boost AI

CoreWeave has announced a significant agreement with Meta Platforms to provide cloud capacity worth $21 billion, aimed at enhancing AI infrastructure. The deal extends until December 2032, reflecting the deep partnership between the two companies.

Court rules against Meta and Google for harming child’s health

A U.S. court has issued a historic ruling against Meta and Google, accusing them of designing platforms that exacerbate mental health issues among youth. This case is part of a broader wave of lawsuits targeting major tech companies, potentially leading to significant changes in social media regulation.

China Supports Cross-Border Deals Compliant with Laws

China has announced its support for cross-border transactions that comply with international laws, following reports about a review of Meta's deals. This statement comes at a sensitive time as concerns about regulating major corporations grow.

Meta Tests Premium Subscription on Instagram with New Features

Meta has announced the testing of a premium subscription service on Instagram, allowing users to access new features such as viewing stories without the publisher's knowledge. This initiative aims to enhance user experience and increase revenue.

U.S. Tech Stocks Plummet Amid War Concerns and Legal Scandals

U.S. stock markets faced a tough week as technology shares sharply declined, with the Nasdaq index dropping over 3%. This downturn was driven by fears of escalating conflict between the U.S. and Iran, alongside legal troubles for Meta.

Meta Faces Legal Setbacks Reflecting Shift in Social Media Perception

Meta has suffered significant legal setbacks in two major cases concerning child safety, highlighting a shift in public opinion towards the social media industry. A jury in New Mexico found that Meta misled users regarding the safety of its social applications.