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The Latest Breaking News from Meta

Big 5 AI ‘hyperscalers’ are increasingly using debt to fund their operations, Bank of America says

All five companies generate more than enough cash to cover their operations, but the arrival of debt vehicles to fund AI has complicated the investment case for tech stocks.

Fortune

WhatsApp Security Flaw Exposes 3.5 Billion Users' Data From 'Basic Publicly Available Information'

A major WhatsApp vulnerability let researchers access 3.5 billion phone numbers, profile photos, and texts, alarming users about their privacy.

International Business Times

‘Digital sovereignty’: why the EU may be shifting from internet regulation to building homegrown tech

Over the past decade, prominent European politicians seemed to think that legal regulation would be enough to control the internet. They focused primarily on drafting laws to regulate foreign platforms rather than prioritising investment in developing European alternatives. This focus contributed to producing the internet Europeans experience today, in which…

The Conversation

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Exclusive: AI Infrastructure Coalition launches to push pro-AI policies

The group will push for President Trump's AI Action Plan.

Axios

Meta wins historic FTC antitrust trial focused on WhatsApp, Instagram

Meta's acquisitions of Instagram and WhatsApp don't violate US antitrust law, ruled district judge James Boasberg on Tuesday.

Euronews

OpenAI’s Fidji Simo says Meta's team didn't anticipate risks of AI products well—her first task under Sam Altman was to address mental health concerns

Simo has overseen OpenAI's addition of parental controls to ChatGPT teen accounts, and says more mental health safeguards are to come.

Fortune

Meta Avoids Divestiture In Landmark Antitrust Case, Raising Questions For Regulators

Regulators argued the acquisitions were part of a strategy to suppress competition and maintain dominance in personal social networking.

International Business Times

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Meta wins major US antitrust case and won’t have to break off WhatsApp or Instagram

Challenge to Meta could have forced it to spin off Instagram and WhatsApp, but judge ruled company did not hold social networking monopoly

The Guardian - US

Meta cleared of monopoly claims as judge highlights competition with TikTok

A U.S. federal judge ruled in favor of Meta, stating it does not maintain a monopoly in the social media space.

Android Central

Meta Wins FTC Antitrust Case, Not A Social Media Monopoly

A federal judge has handed a major legal triumph to Meta Platforms, Inc. (NASDAQ:META), the parent company of Facebook, officially rejecting government accusations that the tech giant maintains an illegal monopoly on personal social networking.

Benzinga

The Future Of AI Isn't Artificial — It's Human

Today's AI doesn't understand people. It understands text patterns. It optimizes for "what usually works" across scraped internet data. However, for marketers, it can't tell why their audience really cares, or what motivates them to act.

International Business Times

Meta prevails in historic FTC antitrust case, won't have to break off WhatsApp, Instagram

Meta has prevailed over an existential challenge to its business that could have forced the tech giant to spin off Instagram and WhatsApp after a judge ruled that the company does not hold a monopoly in social networking

The Independent UK

Half a Trillion Reasons to Buy Nvidia Stock Before November 19

Nvidia stock continues to trade at an attractive multiple, given its vast order book and robust growth estimates.

Barchart

Instagram boss says new AI engineers have 2 qualities driving their success, and you don't need an Ivy League degree: 'A lot of them are in their 20s'

"It's a much more scrappy type of engineer or researcher really than what most of the Valley has historically hired,” said Adam Mosseri, CEO and president of Instagram.

Fortune

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Benzinga

Wealthy New Yorkers Reportedly 'Looking For Therapy' After Zohran Mamdani Taps Former FTC Chair Lena Khan As His Transition Team Co-Chair

New York City's business elite didn't wait long to panic after Mayor-elect Zohran Mamdani announced that former Federal Trade Commission Chair Lina Khan would co-lead his transition team.

Benzinga

Arm Becomes 'Power-Efficiency Engine' For AI, Wins Big With Amazon, Google And Meta

Arm Holdings plc (NASDAQ:ARM) is emerging as the power-efficiency engine of the artificial intelligence boom.

Benzinga

Jim Cramer Tells Sundar Pichai To Stop 'Spending Irrationally' On AI, Calls Apple 'A Winner'

CNBC commentator Jim Cramer advised Sundar Pichai to stop spending irrationally on artificial intelligence (AI) in response to the Alphabet Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) CEO’s recent comments.

The Independent UK

‘Copycat’ Jeff Bezos becomes latest billionaire to launch AI startup

Project Prometheus has already raised billions and poached employees from Meta and OpenAI

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Creative Bloq

Why the AI race will be won and lost by branding

Which AI will you use? The one you know.

International Business Times UK

Jeff Bezos $6B AI Project 'Prometheus' Sparks Fears of 'Global Dominion'

Jeff Bezos' $6B AI project Prometheus triggers fears of global dominance as the Amazon founder returns to hands-on leadership in the AI race.

The Guardian - UK

Heroines, not heroin: charity’s Facebook page returns after AI flagged it for drugs

Photography group Hundred Heroines was removed after Meta’s AI tools mistook name for class-A opioid reference

TechRadar

Marvel's Deadpool VR is the best Meta Quest 3 game I've played all year, but it's not for everyone

Marvel's Deadpool VR is no Batman: Arkham Shadow, but it is the quintessential way to experience the chaos of the Merc with a Mouth.

MarketBeat

These 3 Beaten-Down Stocks Could Be Your Best Buying Opportunity This Quarter

The sell-off that began in late October has created numerous buy-the-dip opportunities in the tech, communication services, and consumer discretionary sectors.

Barchart

Stocks Fall Ahead of Nvidia Earnings and US Economic Data

The S&P 500 Index ($SPX ) (SPY ) on Monday fell by -0.92%, the Dow Jones Industrials Index ($DOWI ) (DIA ) fell by -1.18%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) fell by -0.83%. December E-mini S&P futures (ESZ25 ) fell -0.83%, and December E-mini Nasdaq futures...

Reason

Friend-of-the-Court Brief in Massachusetts' Social Media Addiction Lawsuit Against Instagram

Prof. Jane Bambauer (Florida) and I just submitted this amicus brief in Commonwealth v. Meta, which is now pending before… The post Friend-of-the-Court Brief in Massachusetts' Social Media Addiction Lawsuit Against Instagram appeared first on Reason.com.

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