Even though Meta's feature hasn't been enabled, facial recognition on wearables sparks major surveillance concerns.
Shares of Meta Platforms fell sharply on Friday after a report suggested the social media giant is exploring a potential multibillion-dollar stock offering to help finance its growing artificial intelligence ambitions. META shares dropped more than 5% during the session, with losses accelerating after the Financial Times reported that the company is considering raising tens of billions of dollars through an equity sale.
Meta has been quietly laying the groundwork for smart glasses that could identify people as wearers of the shades walk by, according to a report – causing privacy watchdogs to sound the alarm.
Ten years ago, Facebook was still Facebook. The company hadn't yet bought into the metaverse, the Cambridge Analytica scandal hadn't hit, and Mark Zuckerberg wasn't talking about superintelligence.
The FBI is warning people about scammers setting up phony FIFA websites to lure people into paying for tickets or merchandise that they will never receive or provide personal information that will lead to identity theft. Often the scammers will use URLs that at first glance such as www.fiffa.com may appear to be the legitimate www.fifa.com site.
For retirement-focused investors weighing the two ad giants, the question is direct: Should you own Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) or Meta Platforms (NASDAQ:META) right now?
Meta's Oversight Board, the independent governing body that makes policy recommendations to the tech company, said Thursday that Meta's account deactivations lack due process, violations are doled out without clarity, and there's little customer support for appeals.
Meta announced on Thursday that it's introducing a new AI creator assistant on Facebook that will give creators personalized recommendations based on their content style, performance, community, and goals.
Meta Platforms ( NASDAQ :META | META Price Prediction ) employees are facing a double whammy.
Meta Platforms (NASDAQ:META | META Price Prediction) at $622.98 looks stretched on any rally toward $650, where the math behind its escalating AI capital bill stops working in shareholders' favor.
Meta has postponed plans to share its latest artificial intelligence models with developers several times, The Wall Street Journal (WSJ) reported Wednesday (June 3). As of Tuesday (June 2), the tech giant had no plans to release the new model, according to the report, which cited unnamed sources.
Tech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws.