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The Latest Breaking News from Meta

UK users' Facebook and Instagram posts to be used to train AI, Meta announces

FACEBOOK and Instagram parent firm Meta has said it will soon begin training its AI models using public posts to the social media sites from UK…

The National (Scotland)

Why One Analyst Says the 'Magnificent 6' Will Dominate Future AI Waves

The 'Mag 7' stocks, except for Tesla, will continue to rule the next waves of artificial intelligence, says this analyst.

Barchart

How social media became a storefront for fake pills as families struggle

Fentanyl overdoses have become a leading cause of death for minors in the last 5 years or so — and social media, where tainted, fake prescription drugs can be obtained with just a few clicks, is part of the problem

The Independent UK

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Parents ‘don’t use’ parental controls on Facebook and Instagram, says Nick Clegg

Meta’s global affairs chief points to ‘behavioural issue’ around child safety tools on the social media platforms

The Guardian - UK

U.S. Dividend Payouts Accelerated in Q2, Led By Alphabet and Meta

Dividend payouts grew at an impressive rate in the second quarter, with Magnificent 7 stocks Alphabet and Meta helping fuel the increases.

Kiplinger

Australian lawmakers get Meta to say the quiet part out loud

Meta says only EU users can opt-out of having public posts used for AI training because of EU law

Fortune

Europe tackles Google's AI after crackdowns on Meta and X

Google may be in trouble over the rollout of its PaLM 2 large language model last year.

Fortune

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Dealers' paradise? How social media became a storefront for deadly fake pills as families struggle

The Independent UK

The privacy paywall has landed in the UK – here's what you can do about it

After Europe, some of the most-read UK newspapers are testing out the 'Pay and Consent' model. Here are some tips to claim back your privacy.

TechRadar

This Meta Connect reveal could change AR and gaming forever — and it's not a VR headset or smart glasses

The Meta Quest 3S and Orion AR smart glasses could be highlights of Meta Connect 2024, but one potential reveal could change everything about how we use our devices.

Laptop

Pico 4 Ultra review: “The Quest 3 competitor the industry needs”

The Pico 4 Ultra is an excellent standalone VR headset. It has a lightweight feel on your face and some excellent gaming specs that even surpass the Quest 3.

GamesRadar

Ireland launches privacy inquiry into Google AI data use in EU

Ireland's Data Protection Commission is launching an inquiry into Google's Pathways Language Model 2, after the regulator took wins against Meta and X.

Fortune

Facebook has scraped public data from Australian users without an opt out. What can we do?

Facebook acknowledged in a Senate inquiry yesterday that it is scraping the public photos of Australian users to train its artificial intelligence (AI) models.

The Conversation

Meta admits it scraped all Australian Facebook posts since 2007 to train its AI

Meta has been using Instagram and Facebook user photos and posts train generative AI models.

TechRadar

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The Conversation

How well is the federal government regulating social media in Australia?

This is the fourth piece in a series on the Future of Australian media. You can read the rest of the series here.

The Independent UK

Federal judge temporarily blocks Utah social media laws aimed to protect children

A federal judge in Utah temporarily blocked social media access laws aimed at protecting children’s mental health and privacy

Barchart

Will Nvidia Stock Bounce Back? Watch Out for These Risks and Opportunities

Nvidia trades below its 2024 highs and has largely been moving sideways for the last couple of months. Here are the risks and opportunities that investors need to watch out for as the stock tries to rebound toward record highs.

The Guardian - AU

Afternoon Update: a contentious Harris v Trump debate; fiery confrontations at weapons expo protest; and Raygun tops world rankings

Kamala Harris and Donald Trump have sparred in a contentious US presidential debate

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news in one place.

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The Conversation

Should parents be worried about social media? We asked 5 experts

The Albanese government has announced it will introduce a social media ban for children.

The Guardian - AU

Meta’s AI is scraping users’ photos and posts. Europeans can opt out, but Australians cannot

Meta’s director of privacy policy declines to say whether such an option would be offered to Australians in the future

AAP

Privacy law calls as Meta admits farming Aussie photos

Experts are calling for changes to privacy laws after Meta revealed Australian photos from Facebook and Instagram were being used to train AI tools.

TechRadar

Meta showcases the hardware that will power recommendations for Facebook and Instagram — low-cost RISC-V cores and mainstream LPDDR5 memory are at the heart of its MTIA recommendation inference CPU

Meta has revealed details of its next Meta Training and Inference Accelerator (MTIA) chip

Fortune

Why Apple's AI-packed iPhone 16 sales matter to more than just Apple

And why iPhone will be a bellwether for more than just Apple.

International Business Times

Europe's Fight With Big Tech Over Tax, Data And Disinformation

The European Union scored two major legal victories on Tuesday in separate cases that left Apple and Google owing billions of euros.

Fortune

The EU issues fines to Google and Apple worth €15.4 billion

The American juggernauts have been tussling with the EU as the bloc cracks down on the clout of big tech companies.

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