Thousands Lose Jobs as Meta Ramps up AI Investment
The Facebook parent company is reportedly cutting nearly 8,000 jobs as part of a sweeping AI driven restructuring….report Asian Lite News Meta Platforms has begun
US presses TikTok, Meta and X to crack down on antisemitic posts
Alphabet, Microsoft, Meta and X did not immediately respond to Reuters’ requests for comment…reports Asian Lite News The Biden administration is urging big technology
Meta logs 11% revenue growth in Q2
The company reported that Facebook’s daily active users were 2.06 billion on average for June, an increase of 5 per cent year-over-year…reports Asian Lite
Authors sue OpenAI, Meta over copyright infringement
The lawsuit alleged that chatbot never bothered to “reproduce any of the copyright management information Plaintiffs included with their published works.”…reports Asian Lite News
Meta, CAIT partner to upskill 1 million traders
The company has also announced the launch of the Meta Small Business Academy which was born out of Meta’s commitment in 2021 to upskill
Meta plans more job cuts
Meta did not comment on the fresh layoffs….reports Asian Lite News After firing 11,000 employees in November last year, Meta (formerly Facebook) is reportedly
EU, UK open probe into Google-Meta ad deal
The investigation concerns a September 2018 agreement, which Google code-named “Jedi Blue”, between Google and Meta for the participation of Meta’s Audience Network in
Meta continues crackdown, takes down 14.8 mn content pieces
Meta actioned 1.4 million content related to adult nudity and sexual activity, 233,600 pieces of content related to bullying and harassment and 1.8 million
Meta to tackle hate speech in Pakistan, UK
Research shows that challenging violent, extremist views with positive counter-speech is one of the most effective ways to combat hate and extremism….reports Asian Lite
