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The Latest Breaking News from Meta

I can't wait to try Edits, Instagram's answer to CapCut, and it's out now as a free download

It's finally launch day for Instagram Edits, a free video editor for Android and iOS that's designed to compete with the likes of CapCut.

TechRadar

Instagram launches new video creation app Edits to rival TikTok

The announcement comes as TikTok faces an uncertain future in the US because of a looming ban linked to national security concerns.

Evening Standard

The US government is coming for Google and Meta – but what will happen next?

Google suffered another defeat last week in its clash with the justice department, while Meta hasn’t been able to wriggle its way out of antitrust cases either

The Guardian - US

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FTC is suing Uber over ‘deceptive’ Uber One subscription service

The Federal Trade Commission has filed a lawsuit against Uber, alleging the company used deceptive practices to market and manage its Uber One subscription service.

Fortune

Morgan Stanley believed Google would rival Facebook if the search giant could beat Mark Zuckerberg to scooping up WhatsApp

Zuckerberg worried about Google diving into social media, and created a competitive buffer around Meta through M&A, according to allegations in court documents.

Fortune

Trump and Melania host White House Easter Egg Roll - where Big Tech has become the primary sponsor

Several companies, such as Amazon, YouTube and Meta, sponsored a myriad of event stations

The Independent UK

Instagram tests AI to catch underage users as part of teen safety push, Meta says

As scrutiny grows over social media’s impact on teens, Instagram is ramping up safety tools. New AI systems will flag underage users who misrepresent their age when signing up.

Euronews

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Applied Digital: AI Data Center Hype or Real Value?

Applied Digital made the pivot in 2022 to explore HPC hosting in addition to hosting crypto miners and has been pursuing hyperscalers for their Ai data centers.

MarketBeat

Instagram tries using AI to determine if teens are pretending to be adults

Instagram is expanding its use of artificial intelligence to determine if kids are lying about their ages on the app, parent company Meta Platforms said on Monday

The Independent UK

Forget iOS vs. Android, the smart glasses war between Apple, Meta, and Google should be much more fun

The race to sell AR and smart glasses is all about breaking into the mainstream. And Meta has shown how Big Tech needs outside help to pull this off.

Android Central

AR running glasses aren't there yet, but the future is almost here

These particular glasses are imperfect, but don't be surprised if Meta, Google, and others try to tempt runners and cyclists with AR glasses soon.

Android Central

Big Tech among Easter Egg Roll sponsors

Amazon and Meta are in the mix after the Trump administration sought corporate money

Salon

MarketBeat Week in Review – 04/14 - 04/18

Stocks were down in a shortened trading week, and tariffs will continue to take center stage as several key companies report earnings

MarketBeat

Google loses online ad monopoly case. But it’s just one of many antitrust battles against big tech

Tech giant Google has just suffered another legal blow in the United States, losing a landmark antitrust case. This follows on from the company’s loss in a similar case last year.

The Conversation

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AAP

Aussie authors launch bid to close the book on AI theft

More than 1700 Australian authors have reported their works were stolen to train AI software but experts say lawsuits may be a gamble and new laws are needed.

The Guardian - UK

Italian opposition file complaint over far-right party’s use of ‘racist’ AI images

Centre-left parties slam ‘racist, Islamophobic and xenophobic’ faked images posted on social media by League party

The Guardian - US

Dramatic rise in fake political content on social media as Canada prepares to vote

Report finds over a quarter of Canadians exposed to ‘more sophisticated and more politically polarizing’ fake content

Android Central

Meta updates Ray-Ban smart glasses with 'natural' AI voices and expands apps

Meta started rolling out an update for its Ray-Ban smart glasses.

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Euronews

Battleground: Big Tech — Where US tariffs and EU trade collide

The EU has a 90-day breathing space to negotiate while a blanket 10% US tariff rate continues to apply. The bloc is hoping for the best, while preparing for the worst - with targeting of US Big Tech among its options. How feasibly could Europe smite the tech it relies…

The Guardian - AU

Train takes, diss tracks and TikTok clips: politicians pull out the stops to win over gen Z voters

Analysis by marketing firm finds Albanese far outpacing rivals on TikTok engagement. Also: leaders drawn to the marginals; and FriendlyJordies hits back

TechRadar

Meta is set to train its AI models with Europeans' public data, and you can stop it doing so

The Big Tech giant resumes its AI training plan, after pausing the launch of Meta AI amid EU data regulators' concerns.

Reason

The Trump Administration Wages War on Meta

Mark Zuckerberg's donations haven't stopped the Federal Trade Commission from going after his company.

Evening Standard

Use of Irish writers’ work for AI training has ‘profound implications’ – union

A petition was submitted to the Department of Enterprise on Thursday.

Investors Business Daily

Stock Market Tumbles On Nvidia Export Curbs, Fed Chief Powell, UnitedHealth: Weekly Review

The stock market sold off this week, with Nvidia AI chip export curbs, UnitedHealth guidance and Fed chief Jerome Powell's comments in focus.

Investors Business Daily

Temu Cuts Back On U.S. Ad Spending. What Will That Mean For Meta?

Meta stock analysts are debating what a pullback in ad spending from Temu and Shein could mean for Meta stock.

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