Meta Platforms Inc. announced on Friday that its open source AI model, Llama, will be aboard the International Space Station (ISS) National Laboratory.In collaboration with Booz Allen Hamilton, Meta deployed a fine-tuned version of Llama 3.2 to help astronauts with low-orbit scientific...
Meta Platforms Inc. has laid off an unknown number of employees in its Reality Labs division, a company spokesperson confirmed to The Verge on Thursday.The layoffs mostly pertained to teams in Oculus Studios, Meta's games division for Quest headsets, but also some employees within the...
Meta Platforms Inc. announced on Wednesday that it is expanding ads in its Threads app to all eligible advertisers globally after testing the feature with a small number of advertisers since January.The social media company said that the ads will be placed in the Threads feed by default for new...
The European Commission (EC) fined Apple and Meta Platforms a combined €700 million on Wednesday for violating the bloc's competition laws, marking a new escalation in tensions with the US administration. Apple was fined €500 million, while Meta received a €200 million penalty under the...
Meta Platform Inc. announced on Tuesday that it is launching a new video creation app called Edits, noting that it will keep adding features based on user feedback.The social media company stated that the app is designed to have all the tools necessary for users to create and edit videos on their...
The European Commission will impose its first Digital Markets Act (DMA) penalties on Wednesday, April 23, targeting Apple and Meta, Handelsblatt reported on Tuesday, citing sources inside the Commission.
The Commission alleges Apple restricts competition through app store limitations, while...
The European Union delayed penalizing tech giants Apple, Inc. and Meta Platforms, Inc. while attempting to reach a trade deal with Washington amid United States President Donald Trump's tariffs, the Wall Street Journal reported on Friday, citing people familiar with the matter.According to the...
Meta Platforms contacted other technological giants, including Amazon and Microsoft, over the past year to ask them to help fund its artificial intelligence large language model Llama, The Information reported, citing four people familiar with the matter.According to the sources, Meta offered...
Meta Platform Inc. Chief Executive Officer (CEO) Mark Zuckerberg said on Tuesday that the reason for acquiring Instagram and WhatsApp was that it was too difficult to make such apps from scratch.On the second day of an antitrust trial his company is facing against the Federal Trade Commission...
Facebook parent Meta Platforms acquired Instagram and WhatsApp only after failing to develop competing services, a US Federal Trade Commission attorney said Monday at the start of a pivotal antitrust trial in Washington.The FTC argues these purchases were not strategic innovations but...
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