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facebook

European privacy group files complaints against Meta’s AI data scraping
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12 June, 2024

European privacy group files complaints against Meta’s AI data scraping

Meta changed Facebook’s privacy policy to allow it to collect any public and non-public data to train its AI, which...
Did Facebook bully users into handing over data? A £3 billion lawsuit alleges so
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19 February, 2024

Did Facebook bully users into handing over data? A £3 billion lawsuit alleges so

Meta is embroiled in a lawsuit set to be heard in 2026 brought by a legal academic in connection with...
Imagine with Meta AI launched as standalone image generator
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10 December, 2023

Imagine with Meta AI launched as standalone image generator

Meta accelerates AI's mainstream adoption with the expansion of its AI offerings to social media platforms and the release of...
Meta shuts down its responsible AI team following internal restructuring
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21 November, 2023

Meta shuts down its responsible AI team following internal restructuring

Meta is dissolving its Responsible AI team in a mid-November restructuring and is redirecting members to generative AI roles, raising...
Free the data!
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21 November, 2023

Free the data!

Social media CEOs from tech giants like Twitter and Facebook were able to build some of the greatest wealth (and...
Meta bans political advertisers from using generative AI tools to prevent misinformation
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9 November, 2023

Meta bans political advertisers from using generative AI tools to prevent misinformation

Due to ethics concerns, Meta is banning advertisers from using its generative AI tools for political campaigns—a move that may...
Meta leverages public social media posts to train its new AI assistant
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6 October, 2023

Meta leverages public social media posts to train its new AI assistant

Meta unveils privacy-conscious AI model trained on public Facebook and Instagram data, while grappling with copyright concerns in the AI...
Facebook ban sought in Thailand over digital currency scam failures
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23 August, 2023

Facebook ban sought in Thailand over digital currency scam failures

Thailand's Ministry of Digital Economy and Society aims to ban Facebook due to digital currency scams highlighting signs of fake...
Meta lost $3.7B on Reality Labs, but Zuckerberg still committed to metaverse bet
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3 August, 2023

Meta lost $3.7B on Reality Labs, but Zuckerberg still committed to metaverse bet

With $4 billion in expenses and only $276 million in revenue, Reality Labs continues to be a money pit for...
Meta gives up on NFTs
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15 March, 2023

Meta gives up on NFTs

After debuting NFTs on Facebook and Instagram in 2022, Meta is winding down the project, which hasn’t taken off amid...
Meta plans for decentralized social media app unveiled in new report
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14 March, 2023

Meta plans for decentralized social media app unveiled in new report

Dubbed P92, the app will be text-based, and users can access the platform using their Instagram log-in details; it will...
Barry Silbert was bullish on Bitcoin BSV—even in 2014
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27 January, 2023

Barry Silbert was bullish on Bitcoin BSV—even in 2014

Barry Silbert was bullish on bitcoin in 2014; however, in 2017-2022, he turned to a multi-chain and speculation/trading-based investment strat,...