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The Latest Breaking News from Meta

Greens propose tech tax to support Australia’s traditional media while banning gambling ads

Sarah Hanson-Young urges people not to believe the claim that free-to-air TV needs gambling ad revenue to survive

The Guardian - AU

Meta's Threads flooded with posts from X/Twitter defectors after Elon Musk's embrace of Trump

Some users are wondering whether Mark Zuckerberg’s app is amplifying posts critical of Musk and X

Evening Standard

Biggest lobbying interests buck trend with higher 2024 spending - Roll Call

Trade groups and companies responsible for this year's largest lobbying expenditures so far upped the ante in the first half of 2024.

Roll Call

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Apple’s Strong Start in Virtual Reality

Apple’s first year in the VR market sets it up for long-term success. The tech giant’s vision will take years to pay off, though.

Kiplinger

Cryptocurrency scammers using AI deep fake videos of Keir Starmer and Prince William to target victims

Fake images of Sir Keir Starmer and Prince William have been used in more than 250 adverts

The Independent UK

Signal, Instagram, and X feel the heat of censorship by authoritarian governments

Instagram's back in Turkey, but Russians and Venezuelans have lost Signal as their governments deal with embarrassing crises.

Fortune

A post-iPhone era: What to expect from Apple's smart glasses

The post-iPhone era might be coming into focus as Apple reportedly remains committed to its smart glasses goals, here's everything we know and hope for from the company's future frames.

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Greens demand answers after Australians temporarily unable to post news links to Instagram and Threads

Sarah Hanson-Young wrote to Meta demanding to know if social media giant was test-running a news ban

The Guardian - AU

Reform UK tracked private user information without consent

Observer reveals potentially millions of people had data shared with Facebook for use in targeted advertising

The Guardian - UK

News Weekly: Google is a monopoly, Meta closes a first-party VR studio, new Google hardware, and more

Google holds an illegal monopoly, according to a judge. Meta also closed a major first-party VR developer studio, Google launched new hardware devices, Garmin makes some useful changes to its store, and California may soon enable digital IDs on Google Wallet.

Android Central

Elon Musk's Archnemesis Mark Zuckerberg Reportedly Called Donald Trump To Say Meta Won't Support Democrats

Elon Musk and Mark Zuckerberg could finally make amends after the Meta CEO called Donald Trump to offer his support amid the upcoming US election.

International Business Times UK

Microsoft plans new mixed-reality VR headset to rival Apple Vision Pro — may run Windows apps via the cloud

A new report claims Microsoft has placed an order for thousands of micro-OLED displays that will be used in a new VR headset by the company as soon as 2026.

Windows Central

Google and Meta reportedly skirting their own rules to ad target young teens, shows why tech giants cannot regulate themselves

Google and Meta reportedly teamed up to create ads targeting young teens, which proves why tech giants can't be trusted to regulate themselves.

TechRadar

Apple Makes Changes To App Store After EU Warning

Apple on Thursday announced changes to its App Store after the European Union accused the iPhone maker of breaking the bloc's landmark new digital rules.

International Business Times

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Tom’s Guide

Meta Connect 2024 — Meta Quest 3S, Orion AR glasses, Meta AI and more

Meta Connect is a huge event and the 2024 edition is no exception. Here's a look at what Mark Zuckerberg announced, including Meta Quest 3s, Meta AI news, AI upgrade to Ray-Ban Meta glasses, and the Orion holographic AR glasses prototype.

TechRadar

Meta has reportedly shut down The Order: 1886 developer Ready at Dawn

Meta has shut down Ready at Dawn according to an internal memo.

The Guardian - AU

Social media companies shouldn’t ‘ride free’ on the backs of traditional media, Albanese says

PM’s comments raise expectation of levy on Meta and social media firms amid stoush over paying for news content

PC Gamer

Lone Echo developer Ready at Dawn has reportedly been closed by Meta

Meta acquired the studio in 2020.

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Android Central

Exclusive: Meta is closing a beloved first-party Quest studio

Oculus Studios is shrinking a bit today as one major studio, Ready at Dawn, is closing its doors due to wider Reality Labs budget cuts.

Barchart

2 Soaring AI Stocks to Pounce On This August

With AI advancing rapidly, these two stocks present significant upside potential in the tech sector.

Tom’s Guide

MetaAI digital assistant could feature famous voices if Meta gets its wish

The social media giant Meta is working to buy the rights to use various celebrity voices for AI purposes.

Kiplinger

Stock Market Today: Nasdaq, S&P 500 Lead Big Market Bounce

Solid gains for mega-cap stocks Nvidia and Meta Platforms helped the main indexes rebound Tuesday.

Top News

US Stocks Surge As Tech Heavyweights Lead Rebound

US stocks surged on Tuesday with Dow up by 1.9% and S&P 500 by 2.4%. Tech companies like Nvidia and Meta Platforms saw significant gains.

Fortune

Monday's stock market crash shows that the AI revolution isn't quite here yet

The ‘Magnificent Seven’—Alphabet, Amazon, Apple, Meta, Microsoft, Nvidia, and Tesla—together lost more than $650 billion in market cap.

Fortune

Meta apologizes for taking down Malaysia Prime Minister Anwar Ibrahim's post offering condolences to an assassinated Hamas leader

Anwar previously called Meta's decision to take down his post as "discriminatory, unjust, and a blatant suppression of free expression."

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