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The Latest Breaking News from Meta

Apple, Google And Meta Can't Escape Gambling Lawsuits, Judge Rejects Section 230 Shield In Landmark Ruling On Casino-Style Apps

Apple Inc. (NASDAQ:AAPL), Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) Google and Meta Platforms, Inc. (NASDAQ:META) will have to face lawsuits accusing them of profiting from illegal casino-style apps after a federal judge ruled Section 230 does not shield their payment processing practices.

Benzinga

Mark Zuckerberg Goes On Social Media Blitz As $799 Meta Ray-Ban Display Glasses Hit Shelves At Select US Stores, Says Neural Band Feels Like 'Magic'

On Tuesday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg touted the company's new $799 Ray-Ban Display smart glasses, calling the Neural Band wrist controller "like magic" as the product begins rolling out in select U.S. stores.

Benzinga

Lithium Americas, Nike, Pfizer, CoreWeave And Occidental Petroleum: Why These 5 Stocks Are On Investors' Radars Today

The U.S. stock market brushed aside worries over a potential government shutdown and advanced on Tuesday. The Dow Jones Industrial Average gained nearly 0.2% to 46,397.89, the SP 500 climbed about 0.4% to 6,688.46, and the Nasdaq rose 0.3% to 22,660.These are the top stocks that gained the attention of…

Benzinga

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Tech companies consider giving up efforts to combat misinformation online in Australia

Critics say misinformation is a big problem that social media platforms profit from

The Guardian - AU

Nvidia, Meta Thriving On 'Middle-Class Rip-Off' As Power Costs Spiral 267% Amid AI Boom: Larry McDonald

Tech giants like NVIDIA Corp. (NASDAQ:NVDA), Microsoft Corp. (NASDAQ:MSFT) and Meta Platforms, Inc. (NASDAQ:META) are thriving amid what market strategist Larry McDonald calls a "middle-class rip-off," as electricity costs tied to AI data centers soar.

Benzinga

OpenAI Launches Sora 2 With TikTok-style App

OpenAI on Tuesday released Sora 2, its most advanced video generation model yet, alongside a TikTok-style social app that will let users insert themselves into AI-created scenes through a feature called "cameos."

International Business Times

OpenAI's Sora joins Meta in pushing AI-generated videos. Some are worried about a flood of 'AI slop'

OpenAI has launched a new social media app called Sora, aiming to capture the audience of short-form video platforms like TikTok and Instagram

The Independent UK

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Meta reportedly buying RISC-V AI GPU firm Rivos — acquisition to bolster dev team and possibly replace Nvidia internally

Meta is reportedly set to acquire startup Rivos, according to sources close to the matter. The startup specializes in RISC-V based GPUs for AI workloads, a perfect match for Meta's wishlist.

Tom’s Hardware

California Governor Gavin Newsom signs landmark AI safety regulation

The state’s first-in-the-nation law requires major AI companies to disclose safety protocols, report critical incidents, and protects whistleblowers

Fortune

Meta's Facebook, WhatsApp and Instagram are amongst the worst offenders when it comes to social media privacy - here's what you need to know

Discord takes top spot in social media privacy report, while Meta platforms, including Facebook and Instagram, land at the bottom with TikTok.

TechRadar

Amazon event LIVE — Alexa+, Echo Studio, color Kindle Scribe, Fire TV, 4K Ring and more announced

Follow along live as we attend the Amazon Devices & Services event, where the company reveals its latest hardware, as well as updates to Alexa+.

Tom’s Guide

Mag 7 Remains Top Picks for Hedge Funds as Money Managers Poured $185B Into These Stocks in Q2

US megacap tech stocks, which are driving the AI boom, remain the top picks for hedge funds, reaffirming their forecasts of long-term growth potential.

International Business Times UK

This Meta Platforms Analyst Begins Coverage On A Bullish Note; Here Are Top 5 Initiations For Tuesday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

Benzinga

The divide: who really profits in today’s economy?

Broadway flops despite rising ticket costs, farmers face huge shortfalls largely due to Trump’s tariffs, tech cashes in

The Guardian - US

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Benzinga

CoreWeave Extends Hot Streak With Meta's $14 Billion Cloud Deal

CoreWeave Inc. (NASDAQ:CRWV) surged after it disclosed in a regulatory filing that it has entered into a multibillion-dollar agreement with Meta Platforms Inc. (NASDAQ:META) for cloud computing capacity valued at up to $14.2 billion.

We Got This Covered

YouTube pays ‘Mafia boss’ Donald Trump $24.5 million over insurrection ban

We finally know how Trump is using the money from these settlements.

Euronews

YouTube to pay €21 million to settle lawsuit with Trump over account suspension in 2021

Donald Trump had filed lawsuits against Meta and X, formerly Twitter, after the media platforms suspended his account following the January 6 Capitol riots in 2021. Meta and X agreed earlier this year to pay to settle the lawsuits.

Benzinga

Gavin Newsom Says He's Signing A Law To Install 'Common-Sense Guardrails' For AI Safety: What This Means For Google, Meta And Nvidia

On Monday, Governor Gavin Newsom (D-Calif.) signed a landmark law requiring artificial intelligence giants such as OpenAI, Alphabet Inc.'s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, Meta Platforms, Inc. (NASDAQ: META) and Nvidia Corporation (NASDAQ: NVDA) to disclose how they plan to prevent their most advanced models from causing potential catastrophic risks.

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news in one place.

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The Independent UK

YouTube agrees to pay $24.5M to settle Trump lawsuit filed after his January 6 insurrection suspension

The deal makes YouTube the final Big Tech company to bend the knee — following Elon Musk’s X and Facebook’s parent company Meta

The Guardian - US

YouTube agrees to pay Trump $24.5m to settle lawsuit over account suspension

Platform suspended the US president’s YouTube channel in 2021 after the January 6 Capitol riot

Axios

YouTube to pay Trump $22 million for suspending his account after Jan. 6 riot

Google joins X and Meta in paying the president millions of dollars to settle lawsuits.

Fortune

Jensen Huang doesn’t care about Sam Altman’s AI hype fears: he thinks OpenAI will be the first “multi-trillion dollar hyperscale company”

Zuckerberg and Altman are scared of a bubble. Not Nvidia’s leader, who also offered thoughts on the $100,000 H-1B visa setting “the bar a little too high.”

Android Central

Meta AI app has a new 'Vibes' feed, full of AI-generated videos you can remix

If you're digging these vibes, might as well turn them into something different.

The Conversation

Loot boxes are still rife in kids’ mobile games, despite ban on ‘gambling-like’ features

In September 2024, Australia introduced a new classification approach for games with gambling-like content.

TechRadar

WhatsApp just got a big messaging update – here are my 5 favorite upgrades coming to iOS and Android

WhatsApp has just received a host of upgrades for iOS and Android users that’ll make it a lot easier to share memories using the app.

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