Meta must pay a total of $942 million to address harm caused to children on its platforms, a New Mexico judge ruled Thursday. A jury in March found Meta liable for failing to protect kids and approved a $375 million fine. New Mexico state Judge Bryan Biedscheid issued a ruling Thursday ordering the company to pay
Meta is entering the coding wars with a new agent aimed at taking on Anthropic and OpenAI. The company announced Wednesday a beta version of Muse Code — powered by its Muse Spark 1.2 AI model — that Meta said can handle complex software engineering tasks, such as writing code and validating results. Muse Code
If you can’t seem to get out of your Instagram scroll, it’s no accident. During Meta’s second-quarter earnings call on Wednesday, CEO Mark Zuckerberg said global time Spending on Instagram grew by double digits year-over-year this quarter, “largely driven by improvements to our Reels feed and recommendations.” “Our recommendations are also becoming more personalized, showing
Meta’s AI strategy once again worries investors. Shares of the social media giant fell 10% on Wednesday after revealing that its capital spending growth far outpaced revenue growth. Meta has a central problem: much of this spending still has no financial return. About 98% of Meta’s revenue still comes from its traditional advertising business, according
Meta founder and CEO Mark Zuckerberg is trying to convince investors of his prediction for the future, in which billions of people will have their own personal AI agents within the next five years. (Let’s hope the future also comes with data centers efficient enough to power all those agents, without triggering a new wave
Many Americans are very concerned about AI. Can Mark Zuckerberg change his mind? That’s what Meta’s CEO is trying to do, through a persuasion campaign: Last week, the company released an ad, set to a David Bowie song, telling viewers to ignore “some people” who don’t like AI. Zuckerberg followed up a Wall Street Journal
