BRUSSELS (AP) — The European Union on Friday said Meta and TitTok had breached their transparency obligations after an investigation that could result in billions of dollars in fines. The inquiry ...

Meta Platforms has a reputation for experiencing quick rallies. The stock has increased by over 50% in less than two months on six separate occasions, notably in 2012 and 2023. Moreover, it has risen ...

In a nutshell: Remember when companies refused to admit that layoffs were the result of their AI adoption? Firms are no longer shy in admitting that technology has replaced human workers. Meta, for ...

Meta is cutting around 600 jobs within its artificial intelligence unit, a move it says aims to boost efficiency. The layoffs to Meta's Superintelligence Labs division, which has nearly 3,000 ...

Meta and Blue Owl struck a record $27 billion joint venture for the tech giant's Hyperion data center, signaling a pivot in how Big Tech is funding its AI ambitions The joint venture between Meta and ...

Meta, the parent company of Facebook, has announced plans to lay off around 600 employees within its artificial intelligence (AI) unit. The layoffs, as first reported by Axios, will remove the roughly ...

While the company announced job cuts in artificial intelligence, it also expanded plans to replace privacy and risk auditors with more automated systems. By Mike Isaac and Eli Tan Reporting from San ...

Sign up for the daily CJR newsletter. Read this article in French in Médianes. Earlier this month, newsrooms across Europe opened their Meta dashboards to find that ...

How does Samsung's new behemoth compare to Meta's more modest option? Credit: Michael Nagle/Bloomberg via Getty Images For years, Meta has been just about the only serious contender in the realm of ...

Want to see more of NewsNation? Get 24/7 fact-based news coverage with the NewsNation app or add NewsNation as a preferred source on Google! The layoffs will remove roughly 600 roles from within ...

Meta has announced it plans to cut roughly 600 roles from its AI team, according to a new report from Axios. The layoffs will be spread across the legacy Fundamental AI Research unit and the AI ...

This is read by an automated voice. Please report any issues or inconsistencies here. Meta is slashing 600 jobs in its artificial intelligence unit despite pouring billions into AI to compete with ...