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Meta halts new business terms after backlash over data scraping and AI useMeta has postponed the rollout of new terms affecting its business accounts due to significant backlash. Critics claimed these changes coul...- Instinct's WhatsApp scare: Glitch that cried wolfThe incident has also brought attention to Meta’s restrictions on competing AI assistants and the challenges facing companies building pers...
- Meta eyes at least $20 billion from potential bond offerings, Bloomberg News reportsMeta is reportedly looking to raise at least $20 billion through a cross-border bond offering to fund its expanding AI infrastructure. The ...
- AI agent Instinct back on WhatsApp after technical issues: Here’s what we knowInstinct, a leading AI firm, faced a brief disruption in its WhatsApp services due to a technical glitch linked to its configuration. This ...
- S&P Global revises outlook on Meta to negative on cashflow concernsS&P Global Ratings on Friday revised its outlook on Meta Platforms to negative, citing significant uncertainty around capital spending and ...
- Meta settles with teen during trial testing claims social media caused depression, eating disordersMeta Platforms has settled with a teen plaintiff who accused the company of designing Instagram and Facebook to be addictive, causing her m...
- Nasdaq faces $2 trillion wipeout in October as AI spending fears deepenThe wipeout would amount to slightly more than SpaceX's entire market value. The index has fallen over 5.8% so far in October as the AI tra...
- UK's CMA opens investigation into Meta's terms for publishers and advertisersThe CMA said Meta's commercial terms, which Meta planned to revise on November 20 but has since put on hold, could allow it to collect cont...
- Meta delays indefinitely its rollout of new commercial terms after publishers' concernsEU and UK antitrust authorities have received complaints about the new terms, which publishers and digital advertisers said would give Meta...
- Bombay High Court rejects Meta’s jurisdiction challenge in Blink Digital dispute; Interim relief hearing on November 2The Bombay High Court dismissed Meta's application that challenged its jurisdiction over the dispute with Blink Digital. Blink Digital is s...
- Big Tech turning to equity to raise funds for AIMeta plans to raise up to $98 billion to fund AI infrastructure, making it one of the largest equity financing plans ever. Stocks worth onl...
- Meta, Snap head to trial in another case about social media's harmsJury selection is expected to begin on Wednesday in Los Angeles for another landmark trial about the alleged harms of social media on young...
- AMD and Meta advance strategic partnership to power Meta's Superintelligence InfrastructureAdvanced Micro Devices, or AMD, is teaming up with Meta to enhance its superintelligence infrastructure. As part of this strategic partners...
- Norway media take legal action to block Meta from using contentAccording to the 10 media groups, the new terms due to come into force on November 20 would give Meta -- which owns Facebook and Instagram ...
- Nvidia, Meta deepen AI ties with $3 billion investment dealIn a groundbreaking partnership, Nvidia and Meta have committed to advancing the Muse AI assistant, with a substantial $3 billion investmen...
- Bombay HC dismisses Meta’s jurisdiction challenge in Blink Digital case, lists interim relief plea for November 2The Bombay High Court rejected Meta’s plea challenging its jurisdiction to hear Blink Digital’s dispute over disabled business accounts. Me...
- Meta launches $35 billion stock offering to fund AI expansionMeta Platforms has kicked off public offerings nearly reaching $35 billion as part of its ambitious AI expansion strategy. The tech giant a...
- Meta to create non-voting shares to fund AI expansion, retain Zuckerberg’s controlMeta Platforms plans to introduce publicly traded non-voting Class C shares to fund AI investments, acquisitions and employee compensation ...
- Rhode Island sues Meta over alleged tolerance for scam advertisingThe suit, filed by Rhode Island Attorney General Peter Neronha in Providence Superior Court, accuses Meta of unlawfully profiting from and ...
- Meta stock price: Why are Meta shares down today? Facebook, Instagram parent may witness USD 50 billion wipe out from company's market value despite strong quarterly revenueMeta share price: Facebook, Instagram parent is spending heavily to support its AI plans, with an expected annual capital expenditure forec...
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