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REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsBRUSSELS, Nov 30 (Reuters) - Meta Platforms' (META.O) paid no-ads subscription service, which it rolled out in Europe this month, breaches EU consumer laws, Europe's largest consumer group said on Thursday as it took its grievance to consumer protection authorities. Meta has said it launched the paid no-ads subscription service, which applies to Facebook and Instagram, to comply with EU rules requiring companies to give users a choice on whether their data can be collected and used for targeted ads. It also took issue with the "very high subscription fee for ad-free services" which could deter users. The ad-free service cost 9.99 euros ($10.96) monthly for Web users and 12.99 euros for iOS and Android users. Meta has said these prices are in line with Google's (GOOGL.O) YouTube and Spotify's (SPOT.N) premium services and with Netflix (NFLX.O).
Persons: Dado Ruvic, NOYB, Meta, BEUC, Ursula Pachl, Pachl, Foo Yun Chee, Matthew Lewis Organizations: Meta, REUTERS, Rights, European Consumer Organisation, CPC, Facebook, EU, YouTube, Netflix, Thomson Locations: Rights BRUSSELS, Europe, Austrian, Brussels
Meta's smart glasses partnership with Ray-Ban is here, and I wore them for a Friday night out. For the smart glasses, the powered-up case is similar to that of bluetooth earbuds. Here are some of my takeaways from a night with the Meta Ray Ban smart glasses — with pictures, of course. When I put on the Meta smart glasses, my friends posed for pictures. Jordan HartMeta founder Mark Zuckerberg may believe smart glasses are the future, but they reminded me of a relic from the past.
Persons: , Gen, they're, Meta Ray, Ray, Jordan Hart, Mark Zuckerberg Organizations: Ray, Service, bluetooth, Meta, Jordan Hart Meta
Political Cartoons View All 1237 ImagesEarlier this year, the Federal Election Commission began a process to potentially regulate AI-generated deepfakes in political ads before the 2024 election. AI-generated political ads have already made an appearance in the U.S. In April, the Republican National Committee released an entirely AI-generated ad meant to show the future of the United States if Biden, a Democrat, is reelected. Google announced a similar AI labeling policy for political ads in September. Under that rule, political ads that play on YouTube or other Google platforms will have to disclose the use of AI-altered voices or imagery.
Persons: , Joe Biden's, Biden, Ron DeSantis ’, Donald Trump, Anthony Fauci, “ It’s, , Vince Lynch, IV.AI, Lynch, ” Lynch Organizations: WASHINGTON, Facebook, Meta, Inc, Commission, Republican National Committee, Democrat, Florida Gov, GOP, Google, YouTube Locations: Europe, United States, U.S, Mexico, South Africa, Ukraine, Taiwan, Pakistan, Florida, Menlo Park , California
Meta is asking political advertisers to "self disclose" when they want to run digitally created ads. AdvertisementAdvertisementMeta released a new way to fend off political ads that are created or manipulated by generative AI during the 2024 election cycle. Meta also just barred political advertisers from using its own generative AI tools for ads . 2024 is an election year in the US, along with 39 other countries, and generative AI has become wildly popular and powerful over the last year. If it happens to catch an advertiser trying to publish an improperly altered ad without disclosing it, it can also reject the ad.
Persons: , Meta, you've, Nick Clegg, they've, Clegg, Kali Hays Organizations: Meta, Service, Google, YouTube, Twitter Locations: khays@insider.com, @hayskali
Insider Today: Judging an AI career coach
  + stars: | 2023-10-28 | by ( Diamond Naga Siu | ) www.businessinsider.com   time to read: +8 min
In case it doesn't work out, I tried using an AI assistant career coach — released as part of Meta's new series of AI assistants — to see what advice it'd give. The big storyAn AI career coachsorbetto/Getty ImagesInstead of AI taking away your job, what if it could help you find a new one? I messaged him on Instagram about different career advice and broke down what I liked and didn't like about "him." Instead of coming across as an expert, Leo felt like a conversational search engine with lukewarm search results. Instead of coming across as an expert, Leo felt like a conversational search engine with lukewarm search results.
Persons: , Dixie D'Amelio, sorbetto, He's, Naomi Osaka, Snoop, Leo isn't, Leo, Google's Bard, chatbots, I've, Bing, Leo's, Al Capone, Chris Williams, they've, sriracha, Erin McDowell, Joseph Hendrickson Organizations: Service, Meta, Nissan, Nissan Nissan, Historic Landmark, Microsoft Locations: Alcatraz, Arizona
Zuckerberg said a world full of people walking around in VR headsets is "certainly not the future that I'm hoping we get to." Instead, his goal is for the AR glasses to become a smart phone replacement. "That's certainly not the future that I'm hoping we get to," Zuckerberg told neuroscientist and podcast host Andrew Huberman during an episode of Huberman's show that aired on Monday. In the conversation, Zuckerberg said he viewed Meta's new Quest 3 VR headsets as a successor to people's desktop-based workstations. Last year, one former Meta employee told the Verge's Alex Heath that Zuckerberg's ego is intertwined with the glasses.
Persons: Mark Zuckerberg, Priscilla Chan, Andrew Huberman, Zuckerberg, , that's, That's, he's, Huberman, Meta's, hasn't, Alex Heath, Heath Organizations: Service, company's Connect, Reality Labs, Meta
YouTuber SadlyItsBradley posted a video of himself taking the Meta Quest 3 headset to Disney World. AdvertisementAdvertisementMeta's new Quest 3 headset is best enjoyed on the go, according to YouTuber Bradley Lynch. To prove his point, the YouTuber took his mixed-reality headset for a day at Disney World. In the video, Lynch shows himself at Disney World walking around Epcot, looking at Cinderella's Castle, sitting on a ride, and watching a firework show, all while wearing the Quest 3. As someone who lives near Disney World, Lynch told Insider he visits the parks frequently, which allowed him to film himself at the park, and he'd probably wear the headset to it again.
Persons: YouTuber SadlyItsBradley, , YouTuber Bradley Lynch, Lynch, @Jaymayo_visits, he'd Organizations: Disney, Service, Google, Disney Security, New York Comic Con Locations: Epcot
In an Instagram video, he used the glasses' AI to guide him through braiding his daughter's hair. In an Instagram video, Zuckerberg can be seen asking the Ray-Bans, "Hey Meta, how can I make a braid?" Meta's AI then guides him through the steps as he braids his daughter's hair. AdvertisementAdvertisementMeta's latest line-up of its Ray-Bans smart glasses was first announced in late September at the 2023 Meta Connect. Snapchat also came out with its take on smart glasses in 2016, and continues to come out with updated versions.
Persons: Mark Zuckerberg, Ray, Instagram Ray, , Zuckerberg, Priscilla, Meta Wayfair, Meta, Buzzfeed, they're, Snapchat Organizations: Ban, Meta, Service, Facebook, Amazon
People are posting videos of themselves wearing Meta's Quest 3 while going about their daily lives. The Quest 3 is a mixed-reality headset that lets users game, watch videos, and use the internet. The coffee shop cashier in the video largely appeared unfazed by the customer wearing a headset, taking his order as usual. The Vision Pro will let users video call, surf the internet, and watch videos. The Vision Pro is expected to hit the market in early 2024.
Persons: , @CixLiv, @Kukurio59, Rick, Morty Organizations: Service, New York Comic Con, Meta
In this article COSTMUINTCMETAAMZN Follow your favorite stocks CREATE FREE ACCOUNTAn Amazon delivery truck at the Amazon facility in Poway, California, Nov. 16, 2022. Investors seeking a sense of direction can turn to analysts who identify companies that have lucrative long-term prospects and the ability to navigate near-term pressures. To that end, here are five stocks favored by Wall Street's top analysts, according to TipRanks, a platform that ranks analysts based on their past performance. JPMorgan analyst Doug Anmuth noted the recent sell-off in AMZN stock and highlighted certain investor concerns. Also on investors' mind is Amazon Web Services' growth, with multiple third-party data sources indicating a slowdown in September.
Persons: Sandy Huffaker, Wall, Doug Anmuth, Anmuth, TipRanks, Needham, Quinn Bolton, Bolton, Sidney Ho, Ho Organizations: MU, Reuters Investors, Investors, JPMorgan, Federal Trade, Meta, Meta Connect, Intel, Systems Business, PSG, Bolton, TipRanks, Micron Technology, Deutsche Bank, Micron, Costco Locations: Poway , California
Meta's new AI dating assistant, Carter, refuses to openly discuss sex or "explicit" acts. Meta's AI dating coach comes as dating apps seek to include AI features in their platforms. AdvertisementAdvertisementMeta's conversational AI dating coach is happy to provide daters with tips on how to flirt and kiss. Insider"Sexual topics are beyond my scope," the AI chatbot said when asked why it's uncomfortable talking about specific sexual acts. AdvertisementAdvertisementThe rise of Meta's AI dating coach comes as singles turn to generative AI tools to help them land dates.
Persons: Carter, , chatbot, it's, Gen Z, John Gottman's, Emily Nagoski's, Meta didn't Organizations: Service
Insider Today: Market's crash landing
  + stars: | 2023-10-09 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +9 min
NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The core question it presents is whether personal AI devices could have the same impact that the iPhone had on the tech industry. Meta's Responsible AI team shrank amid layoffs and restructuring. Yet the team tasked with ensuring that new AI tech was "fair and inclusive" is half the size it was in 2021. Yet the team tasked with ensuring that new AI tech was "fair and inclusive" is half the size it was in 2021.
Persons: , Benjamin Netanyahu, Insider's Matthew Fox, Mohamed El, Matthew, Jerome Powell, hasn't, mavens, Izzy Englander, Citadel's Ken Griffin, Point72, Steve Cohen, Phil McCarten, Dave Kotinsky, Shaw, Victor Virgile, Arantza Pena Popo, Bella Hadid, John Lennon, Ben Shelton, Sharon Osbourne, William Hanson, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Hamas, Saturday, Israeli, Citadel, federal, Tech, Peoples, Indian Heritage Locations: Israel, D.E, Cupertino, China, South Dakota, Oklahoma, Hawaii, Alabama, Dakota, Los Angeles, New York City, San Diego, London, New York
Users have found ways to generate wildly inappropriate images with the tool, and are sharing the results online. One academic hit out at Meta's AI safeguards in a blog post on Sunday. AdvertisementAdvertisementMeta launched the AI stickers and other features like celebrity AI assistants on September 27. But the stickers are already drawing ridicule online after people started trying to figure out ways to generate wildly inappropriate images using the tech. AdvertisementAdvertisementHowever, Tama Leaver, a professor of internet studies at Curtin University, hit out at Meta's AI safeguards in a separate blog post on Sunday.
Persons: Meta, , Justin Trudeau, ince, lew, haring, ike, ickey, onic, hough Organizations: Service, Meta, Canadian, ust
Campbell Brown speaks onstage at the Peabody-Facebook Futures Of Media Awards at Hotel Eventi on May 19, 2017 in New York City. Meta said Campbell Brown, the company's top executive responsible for handling partnerships with news publishers, is leaving the company after seven years. Republican lawmakers have alleged that Meta unfairly censors conservative articles and voices. The company said the law is "based on the incorrect premise that Meta benefits unfairly from news content shared on our platforms." Facebook News debuted in 2019 as a way for users to stay current with important news in a dedicated space.
Persons: Campbell Brown, Meta, Brown, Axios, Meta's Nick Clegg Organizations: Peabody, NBC News, CNN, Meta, Facebook Locations: Eventi, New York City, Canada, France, Germany
Mark Zuckerberg recently demoed his humanlike VR avatars in an interview in the Metaverse. In a recent interview with podcaster Lex Fridman, Meta CEO Mark Zuckerberg discussed the future possibilities of VR and the Metaverse. During the interview, which took place in the Metaverse, Fridman said: "I would love to talk to people who are no longer here that are loved ones. Meta has struggled to maintain consumer and investor interest in its Metaverse after being hyped as the next big thing. Reality Labs, the division that handles metaverse work, lost nearly $14 billion in 2022 and was hit by layoffs.
Persons: Mark Zuckerberg, Zuckerberg, , Lex Fridman, Fridman, Meta Organizations: Service, Eiffel, Labs
Mark Zuckerberg showed off Meta's new photorealistic VR avatars in his first "Metaverse interview." Zuckerberg was mocked on social media last year for posting a selfie of his cartoonish VR avatar. AdvertisementAdvertisementMark Zuckerberg has demoed Meta's brand new photorealistic avatars, and they are scarily lifelike. And unlike the company's original Metaverse avatars , which were mocked for being legless, dead-eyed, and deeply disconcerting, these projections are extremely realistic. The photorealistic projections are a dramatic improvement over the cartoonish avatars used for Horizon Worlds, Meta's free VR gaming and social platform.
Persons: Mark Zuckerberg, Zuckerberg, , Lex Fridman, Meta, Zuckerberg's, Mark Zuckerberg Mark Zuckerberg Organizations: Service, Eiffel
Meta's AI initiatives are likely to be a key aspect of how it monetizes products and services going forward, while bringing more users and customers into the AI fold. Whereas Meta's headset is priced for mass-market adoption, Apple's headset is clearly a premium device targeted to those who demand the most cutting-edge technology — such as micro-OLED lenses with eye-tracking capabilities . Similarly, JMP Securities argued that the event "highlights Meta's AI tailwinds," which could "unlock additional advertising budgets with new chat-based customer service." Meanwhile, we expect adoption of Meta's Quest 3 hardware to grow. But the integration of the Meta AI assistant into that platform should ultimately make the glasses a more valuable product over time.
Persons: Ray Ban, Jim Cramer, Bing, Ray, Meta, Jim Cramer's, Jim, Mark Zuckerberg, Josh Edelson Organizations: Meta's, Meta, EssilorLuxottica, Apple, Microsoft, JMP Securities, CNBC, AFP, Getty Locations: Menlo Park , California
REUTERS/Carlos Barria/File Photo Acquire Licensing RightsMENLO PARK, California, Sept 28 (Reuters) - Meta Platforms (META.O) used public Facebook and Instagram posts to train its new Meta AI virtual assistant, but excluded private posts shared only with family and friends in an effort to respect consumers' privacy, the company's top policy executive told Reuters in an interview. "We've tried to exclude datasets that have a heavy preponderance of personal information," Clegg said, adding that the "vast majority" of the data used by Meta for training was publicly available. He cited LinkedIn as an example of a website whose content Meta deliberately chose not to use because of privacy concerns. Meta AI was the most significant product among the company's first consumer-facing AI tools unveiled by CEO Mark Zuckerberg on Wednesday at Meta's annual products conference, Connect. The public Facebook and Instagram posts that were used to train Meta AI included both text and photos, Clegg said.
Persons: Mark Zuckerberg, Carlos Barria, Meta, Global Affairs Nick Clegg, We've, Clegg, Bing, Mickey Mouse, Katie Paul, Kenneth Li, Matthew Lewis Organizations: Meta, REUTERS, MENLO, Facebook, Reuters, Global Affairs, Google, Microsoft's, Thomson Locations: Menlo Park , California, U.S, , California, Menlo Park, California
He cited LinkedIn as an example of a website whose content Meta deliberately chose not to use because of privacy concerns. Meta AI was the most significant product among the company's first consumer-facing AI tools unveiled by CEO Mark Zuckerberg on Wednesday at Meta's annual products conference, Connect. The public Facebook and Instagram posts that were used to train Meta AI included both text and photos, Clegg said. Interactions with Meta AI may also be used to improve the features going forward, the spokesperson said. Clegg said Meta imposed safety restrictions on what content the Meta AI tool could generate, like a ban on the creation of photo-realistic images of public figures.
Persons: Mark Zuckerberg, Carlos Barria, Meta, Global Affairs Nick Clegg, We've, Clegg, Bing, Mickey Mouse, Katie Paul, Kenneth Li, Matthew Lewis, Lincoln Organizations: Meta, REUTERS, MENLO, Facebook, Reuters, Global Affairs, Google, Microsoft's, Thomson Locations: Menlo Park , California, U.S, , California
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta's news Quest 3 headset won't change anything in the near term: Hightower's Stephanie LinkStephanie Link, Hightower Advisors chief investment strategist and portfolio manager, joins 'Closing Bell' to discuss Meta's intraday rebound, big tech's trading outlook, and more.
Persons: Stephanie Link Stephanie Link, Hightower Organizations: Hightower Advisors
Tech giant Meta seems to be going through an "identity crisis" of sorts, making the stock "uninvestable" right now, according to Adam Coons, chief portfolio manager at Winthrop Capital Management. Reports indicate that it has plans to roll out a generative AI-powered chatbot with multiple personas that will rival ChatGPT. META mountain 2022-09-25 Meta price chart American investment bank Citi has named Meta as its "top-pick across the internet sector," giving it a buy rating at a price target of $385 — giving it over 30% upside from its Sept. 21 close. Elsewhere, Baird Equity Research has an outperform rating on Meta at a target price of $355, giving it an around 18% upside from its Sept. 22 close. However, even given Meta's new launches and opportunities in ad revenue, Winthrop Capital's Coons is skeptical of how long this will go on "until Mark Zuckerberg changes his mind."
Persons: Adam Coons, , CNBC's, ChatGPT, Coons, , Baird, Meta's, Winthrop Capital's Coons, Mark Zuckerberg, — CNBC's Michael Bloom Organizations: Winthrop Capital Management, Facebook, Citi, Baird Equity Research, Meta, Reality Labs, Apple Vision
It was a mostly staid meeting until the potential harms from Meta's new Llama 2 model came up. That prompted a testy exchange between Harris and Mark Zuckerberg, co-founder and CEO of Meta, formerly known as Facebook. "It was one of the only moments in the whole thing that was like, 'Oh,'" one of the senators present said, describing the exchange as having caught people's attention. "It was, 'Ok, next speaker,' it moved right along," one of the senators present said. Its ability to turn up detailed instructions for creating a biological weapon like anthrax is to be expected, two people familiar with the company said.
Persons: Tristan Harris, Harris, Mark Zuckerberg, Zuckerberg, Elon Musk, Sam Altman, Satya Nadella, Jensen Huang, Sundar Pichai, Chuck Schumer, Democratic Sen, Martin Heinrich, Republican Sens, Mike Rounds, Todd Young, OpenAI's, It's, Meta, ChatGPT, Google's Bard, Kali Hays Organizations: Center for Humane Technology, Meta, Facebook, The Washington, Elon, Twitter, SpaceX, Microsoft, Nvidia, Google, Senate, Democratic, Republican, YouTube Locations: khays@insider.com, @hayskali
Now, many news outlets are seeing an increase in downloads and usage of their apps. Meta's decision to block user access to news in Canada is not having an entirely negative effect on the country's major publishers. The Globe and Mail in August saw a 98% increase in app downloads and a 27% increase in daily users; CTV News saw a 157% increase in app downloads and an 83% increase in daily usage; La Presse saw a 32% increase in app downloads and an 8% increase in usage; and The National Post's downloads were up almost 10%, with daily usage up 3%. Meanwhile, CBC News saw downloads and daily usage remain relatively flat. "In recent weeks, we have seen an increase in CTV News app downloads, which demonstrates the importance of having access to online news from a Canadian perspective."
Persons: Similarweb, Justin Trudeau, Meta, Kali Hays Organizations: Facebook, CBC, The Globe, Mail, CTV, Meta, Canadian, Global News, National, Canada, Globe and, Presse, Globe, CTV News, CBC News, Bell Media, Bell, Twitter Locations: Canada, Canadian, Globe, Europe, Germany, France, khays@insider.com, @hayskali
Collectively, these six long-term holdings are expected to boost profits by 87% in the second half, up from 27% in the first half, according to estimates from FactSet. Nvidia 1st half earnings growth: 103% 2nd half expected earnings growth: 371% Investor excitement in Nvidia, already high, was lifted even further by the company's recently reported fiscal second quarter , which blew expectations out of the park. Amazon 1st half earnings growth: 266% 2nd half expected earnings growth: 297% The company's second quarter North America segment posted an operating margin of 3.9%, impressing investors like us with a 620-basis-point improvement over the last five quarters. That's why earnings growth for the second half of 2023 looks lighter than the recently reported fiscal fourth quarter of 2023 . Apple 1st half earnings growth: 2% 2nd half expected earning growth: 11% The iPhone maker had a "muted start" to the second half as consumers wait for the September release of the iPhone 15, said analysts at Loop Capital.
Persons: there's, Zev Fima, Morgan Stanley's, Wedbush, Morgan Stanley, Oppenheimer, Jim Cramer's, Jim Cramer, Jim, Jensen Huang, Walid Berrazeg Organizations: Big Tech, Nvidia, Microsoft, Apple, Investing, NVIDIA, Amazon, Meta, Facebook, Meta Connect, Management, Google, YouTube, Bank of America, Loop, CNBC, Getty Locations: FactSet, America, 2H23, Taipei
Meta Threads app logo is seen in this illustration taken, July 6, 2023. REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsAug 20 (Reuters) - Meta Platforms (META.O) is set to roll out the web version on its new text-first social media platform Threads, hoping to gain an edge over X, formerly Twitter, as the initial surge in users waned. The widely anticipated web version will make Threads more useful for power users like brands, company accounts, advertisers and journalists. Meta did not give a date for the launch, but Instagram head Adam Mosseri said it could happen soon. It will soon roll out an improved search that could allow users to search for specific posts and not just accounts.
Persons: Dado Ruvic, Meta, Adam Mosseri, Mosseri, Yuvraj Malik, Gokul, Christian Schmollinger, Arun Koyyur Organizations: REUTERS, Street, Thomson Locations: Bengaluru
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