Facebook owner claims Movie Gen can create realistic-seeming video and audio clips that rival competitors'
Social media platforms such as Meta's Facebook must limit the use of personal data including someone's sexual orientation for targeted advertising, the European Union's top court ruled Friday.
Meta Platforms (META, Financial) has introduced a new artificial intelligence model named Movie Gen. This innovation can generate realistic video and audio clips based on user prompts, positioning itself as a competitor to media generation tools from startups like OpenAI and ElevenLabs.
Meta Platforms (META) shares hit another record high Friday as investors continue to pile into the stock, impressed by the tech giant's latest artificial intelligence (AI) and metaverse innovations revealed last week at the company's Connect conference.
Facebook, one of the original social media networks, has become known as the platform of parents and grandparents, while young adults take up photo and video apps like Instagram and TikTok.
Facebook wants to woo more younger users to join its social network, instead of spending all their time on TikTok, Instagram, and other social apps. To do so, parent company Meta on Friday announced a series of changes to the older social network which will put greater emphasis on local community information, videos, and Facebook Groups, among other things.
The Court of Justice of the European Union (CJEU) ruled Friday (Oct. 4) that Meta Platforms can use only some of the data it gathers from Facebook users to deliver targeted advertising.
Facebook owner Meta announced on Friday it had built a new AI model called Movie Gen that can create realistic-seeming video and audio clips in response to user prompts, claiming it can rival tools from leading media generation startups like OpenAI and ElevenLabs.
The tech giant is among the many companies building technology that could remake Hollywood — or help spread disinformation.
The tech world is buzzing with news of Telegram's recent shift in privacy policy, where the platform will now provide user data like IP addresses and phone numbers to authorities in response to valid legal requests.
Zuckerberg's wealth stands at around $206 billion, according to the Bloomberg Billionaires Index.
The European Union's top court has sided with a privacy challenge to Meta's data retention policies. It ruled on Friday that social networks, such as Facebook, cannot keep using people's information for ad targeting indefinitely.