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Meta, TikTok and X lose UK legal challenge over online safety data requests
Meta, TikTok and X have lost a High Court challenge against the UK’s communications regulator, which requires the platforms to provide detailed information about how they moderate content and users’ exposure to harmful material.
Meta plans to raise $35 billion to fund its AI ambitions
Meta plans to raise $35 billion through a stock offering to fund the development of its artificial intelligence, according to documents released Monday by the US Securities and Exchange Commission.
Meta hit with record $25 billion penalty for misleading New Mexico Facebook users
Meta was ordered on Wednesday, October 21, to pay $25 billion to New Mexico for misleading residents of the US state for more than a decade about how their data was used. The record penalty against the company drew a sharp response from Meta, which denounced it as a “tax” on freedom of expression.
Meta, TikTok and X challenge UK regulator over online safety data demands
Meta, TikTok and X are challenging Britain’s media regulator Ofcom over demands for detailed information on how the platforms moderate harmful content, opening an early legal test of the UK’s new online safety regime.
Meta launches personal AI agent that can send emails, make payments and book travel
Meta has launched Muse, a personal AI agent that can carry out tasks across a user’s apps, including sending emails, booking travel and making purchases, as the company pushes deeper into AI-powered assistants.
UN urges tougher social media safeguards for children after Meta settlement
The United Nations is calling for child-safety measures to be adopted across the social media industry following Meta’s agreement to pay up to $18 billion to settle US claims over the impact of Facebook and Instagram on children and teenagers.
Meta agrees to pay up to $18 billion in US settlement over child safety claims
Meta has agreed to pay up to $18 billion over the next decade and introduce stricter safeguards for teenagers using Facebook and Instagram, under a settlement with nearly all US states over allegations that the platforms were designed to be addictive and harmed young users.
White House to hold AI safety talks with Meta, OpenAI, Google and Anthropic
Meeting comes as the United States prepares voluntary cybersecurity tests for advanced AI models following recent security incidents.
Netflix, Google, Meta, Airbnb… Morocco’s new VAT rules face the test of implementation
Foreign digital platforms such as Netflix, Google, Meta, and Airbnb, which provide online services to Moroccan consumers, are now required to collect and remit value-added tax (VAT). While the legal framework is in place, questions remain regarding how the reform will be enforced, whether it will lead to higher prices, and how much additional tax revenue it is expected to generate.
Meta doubles down on AI with 5-gigawatt data center and $50 billion investment
The tech giant said its Hyperion facility in Richland Parish will expand to 5 gigawatts of computing capacity as the company accelerates its push into artificial intelligence.