Meta Platforms Inc Class A (META)
EC finds Meta and TikTok breached transparency rules under DSA
An investigation by EU regulators has found TikTok and Meta in breach of the Union's rules concerning illegal or harmful online content.
EU accuses Meta, TikTok of breaking digital content rules
The EU accused Meta and TikTok on Friday of breaking the bloc's digital content rules, putting the companies at risk of hefty fines.
META Stock: The Next Big Move
Meta Platforms has a reputation for experiencing quick rallies. The stock has increased by over 50% in less than two months on six separate occasions, notably in 2012 and 2023.
EU preliminarily finds Meta, TikTok in breach of transparency obligations
The European Commission said on Friday that U.S. Big Tech giant Meta and Chinese-owned social media app TikTok breach their obligation to grant researchers adequate access to public data under the Digital Services Act (DSA) according to its preliminary findings.
EU says TikTok and Meta broke transparency rules under landmark tech law
The European Commission said it had preliminarily found that both tech giants had breached their obligations under the Digital Services Act.
Meta Charged by EU Over Handling of Illegal Content
The European Commission said the Facebook owner fails to give users a simple way to flag illegal content.
Meta Layoffs Included Employees Who Monitored Risks to User Privacy
While the company announced job cuts in artificial intelligence, it also expanded plans to replace privacy and risk auditors with more automated systems.
Meta Is Laying Off 600 Workers in Its AI Division—What You Need to Know
Booming profits and demand for AI hasn't stopped Meta (META) from laying off employees.
Can META's Focus on Adding User-Friendly Features Boost Ad Revenues?
Meta Platforms boosts engagement with AI-driven tools across Facebook, Instagram, WhatsApp and Threads, fueling ad growth and user expansion.
Meta Laying Off About 600 Staff At AI Superintelligence Labs—Here's What's Impacted
The layoffs come only months after Meta CEO Mark Zuckerberg pursued a multi-billion dollar effort to scale up the social media company's AI efforts, which he announced in June would be handled by a “Superintelligence Lab.” That same month, Meta announced a $14.3 billion investment in Scale AI, the company co-founded by Wang, and recruited him to run its AI division.
Meta AI layoffs today: 600 jobs are already being cut from Alexandr Wang's superintelligence lab
Meta, which owns and operates Facebook and Instagram—as well as Threads, Messenger, and WhatsApp—announced on Wednesday it is laying off about 600 employees from its new AI “superintelligence” research lab. The news was first reported by Axios.
Meta cuts 600 AI jobs amid ongoing reorganization
Meta's chief AI officer, Alexandr Wang, wrote in a memo to staff on Wednesday that the company will cut about 600 jobs from its superintelligence lab, according to a report from Axios.
