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☆ Mark Zuckerberg says White House ‘pressured’ Meta to ‘censor’ Covid-19 content
  + stars: | 2024-08-27 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMark Zuckerberg says White House ‘pressured’ Meta to ‘censor’ Covid-19 contentCNBC's Julia Boorstin joins 'Power Lunch' to report on Mark Zuckerberg's statement that the Biden administration “pressured” Facebook parent Meta to “censor” content related to Covid-19.
Persons: Mark Zuckerberg, ‘, ’ Meta, ’, Julia Boorstin, Mark, Biden, “ Organizations: Facebook
☆ Federal appeals court tosses state antitrust suit seeking to break up Meta
  + stars: | 2023-04-27 | by ( Brian Fung | ) edition.cnn.com   time to read: +3 min
The decision is a blow to regulators who have cited Meta as a prime example of the way tech giants have allegedly abused their dominance. And it casts a shadow over a parallel antitrust case against Meta that was brought by the Federal Trade Commission at around the same time. The states’ original complaint had sought to unwind Meta’s past acquisitions of Instagram and WhatsApp, accusing the company of a “buy-or-bury” approach that violated antitrust laws. In addition, Randolph wrote, state allegations claiming that Meta’s — then Facebook’s — policies placing restrictions on app developers were anticompetitive didn’t hold up. Last year, the same federal judge who dismissed the state suit, James Boasberg, allowed the federal suit to proceed.
☆ Premarket stocks: Meme stocks have revolutionized investor days
  + stars: | 2023-03-01 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
But they’re also bowing to pressure from retail investors to be more transparent. What’s happening: Investor days evolved from analyst days — meetings that large, public companies historically held privately for their core institutional investors and Wall Street analysts. But the recent influx of retail investors into the stock market has changed that. “A lot of these companies know they need to focus on retail investors now,” said Katie Perry, general manager of investor relations at investing platform Public. ▸ Tesla’s first-ever investor day will be live-streamed Wednesday from its Gigafactory in Austin, Texas.
☆ Mark Zuckerberg looks to ‘turbocharge’ Meta’s AI tools after viral success of ChatGPT
  + stars: | 2023-02-28 | by ( Catherine Thorbecke | ) edition.cnn.com   time to read: +2 min
CNN —Mark Zuckerberg said Meta is creating a new “top-level product group” to “turbocharge” the company’s work on AI tools, as it attempts to keep pace with a renewed AI arms race among Big Tech companies. In a Facebook post late Monday, Zuckerberg said the elite new group will initially be formed by pulling together teams across the company currently working on generative AI, the technology that underpins the viral AI chatbot, ChatGPT. Those AI features may include new Instagram filters as well as chat tools in WhatsApp and Messenger, he said. Generative AI tools are built on large language models that have been trained on vast troves of online data to create written and visual responses to user prompts. Already, both Microsoft and Google’s AI tools have run into controversies for producing some inaccurate or uncanny responses.
☆ Trustbusters’ metaverse gambit
  + stars: | 2022-10-10 | by ( ) www.reuters.com   time to read: +2 min
NEW YORK, Oct 10 (Reuters Breakingviews) - Mark Zuckerberg isn’t the only one making risky gambits in the metaverse. On Friday, trustbusters at the Federal Trade Commission pared back their arguments against Meta Platforms’ (META.O) acquisition of virtual reality app maker Within. The agency run by Lina Khan stepped back from initial arguments that Meta’s Beat Saber game competes directly against Within’s Supernatural fitness app. That was always an odd stretching of definitions that both limited the market to a thin slice of virtual reality and at the same time included wildly disparate apps. That resembles arguments against the 2015 merger of sterilization companies Steris and Synergy – a case the FTC lost.
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