Meta CEO Mark Zuckerberg has once again defended the company’s aggressive push into artificial intelligence, saying that heavy spending now will drive massive long-term gains for the tech giant. During Meta’s third-quarter earnings call, Zuckerberg addressed the company’s soaring AI expenditures — including a $14.3 billion investment in Scale AI — part of a broader […]
Meta is laying off around 600 employees from its artificial intelligence division as part of a major restructuring aimed at streamlining operations and accelerating innovation. A company spokesperson confirmed that the move is part of CEO Mark Zuckerberg’s broader plan to make the organization leaner and more efficient. The job cuts were announced in a […]
1. Tesla Hits a Speed Bump All eyes were on Tesla yesterday as it kicked off the new earnings season among the “Magnificent Seven” tech giants. Despite a slight recovery in revenue after two declining quarters, earnings per share fell short of market expectations due to rising capital expenditures. During the company’s earnings call, Elon […]
The European Commission, which serves as the executive branch of the European Union, announced on Friday that it has preliminarily found Meta and TikTok in breach of key transparency requirements set under the Digital Services Act (DSA) — the EU’s groundbreaking technology regulation. According to the Commission, the two U.S.-based tech giants failed to provide […]
Meta has taken down a Facebook group in Chicago that was allegedly being used to dox and target U.S. Immigration and Customs Enforcement (ICE) agents, following outreach from the Department of Justice (DOJ). Attorney General Pam Bondi announced the takedown on X, emphasizing that the DOJ will “continue engaging with tech companies to remove platforms […]
Campus, the fast-growing college startup backed by Sam Altman and NBA legend Shaquille O’Neal, has appointed Jerome Pesenti, Meta’s former Vice President of Artificial Intelligence, as its new Chief Technology Officer. As part of the deal, Campus will acquire Sizzle AI, Pesenti’s personalized learning platform, for an undisclosed amount. Sizzle AI already serves more than […]
California Governor Gavin Newsom has signed a sweeping set of bills into law, making the state the first in the U.S. to enforce strict safeguards on AI chatbots and social media platforms in a bid to protect children online. “We can continue to lead in AI and technology, but we must do it responsibly — […]
Meta has announced new safety measures on Instagram that restrict what teenage users can view, aligning content guidelines with PG-13 movie standards. Under the updated rules, Instagram will limit exposure to accounts that share sexualized material or content related to drugs and alcohol. Posts containing explicit language will no longer appear in recommendations for teens, […]
Instagram has officially surpassed 3 billion monthly active users, according to Meta CEO Mark Zuckerberg. Celebrating the milestone, Zuckerberg shared on his Instagram channel, “What an incredible community we’ve built here.” This achievement marks a significant moment for the photo and video-sharing app, which was acquired by Meta in 2012 for $1 billion. The last […]
WASHINGTON — President Donald Trump has announced a dramatic change to the H-1B visa program, raising the fee for employers to $100,000 per application, a steep increase from the previous $2,000–$5,000 range. The new policy, effective immediately, requires companies to provide payment proof before filing an H-1B petition. Petitions will remain restricted for 12 months […]