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☆ Can Threads survive without Instagram? A year in, the platform is facing an identity crisis
▼ + stars: | 2024-07-05 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +6 min

Read previewIf you opened Instagram last July 5, the buzz about Threads was hard to miss. Threads plans to become more independent, but Instagram still drives a lot of the trafficRecent data from Emarketer found that Instagram has been a big driver of users to Threads — out of Threads' 29 million US users in 2023, 21% were Instagram users, while in 2024, that share rose to 29% out of 41.7 million users. Head of Instagram Adam Mosseri confirmed in a recent interview with Platformer that a lot of the platform's users were "coming over from Instagram." However, Instagram still reminds Threads users who dropped off to keep using the platform, like Kristin Bousquet, a creator who has 5,412 followers on Threads. "Just having the ability to go to someone's Instagram account from Threads, and vice versa, keeps it top of mind," he said.

Persons: —, Instagram, Jasmine Enberg, Adam Mosseri, Mosseri, Francis Dominic, Kristin Bousquet, Bousquet, Lindsey Gamble, Taylor Swift, Jackie Pimental, Emarketer, Meta Organizations: Service, Business, Meta, Sports, Twitter Locations: Instagram

☆ Meta's Threads turns one
▼ + stars: | 2024-07-05 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta's Threads turns oneCNBC's Deirdre Bosa reports on a new anniversary in the social media space, and entrants from new players.

Persons: Deirdre Bosa

☆ Mark Zuckerberg's Meta just got some bad news
▼ + stars: | 2024-07-01 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

The European Commission says Meta's "pay or consent" advertising model is in breach of the EU's Digital Markets Act. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg's Meta just got some bad news in the European Union. Meta introduced the model in the EU in 2023 after European regulators had ruled in 2022 that Meta must let users opt out of personalized ads based on their activity on its social platforms. The model requires users to pay a monthly fee to avoid seeing ads on Facebook and Instagram or receive personalized ads to continue using a free version.

Persons: It's, Apple, —, Zuckerberg's Meta Organizations: Meta, EU, European Commission, Service, European Union, The European Commission, Monday, Facebook, Business

☆ Shares of Wells Fargo and Morgan Stanley rise on plans to raise their dividends
▼ + stars: | 2024-07-01 | by ( Morgan Chittum | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. Shares of Morgan Stanley and Wells Fargo climbed 1% and 0.7%, respectively, after the banks announced a boost to their dividend payouts Friday evening. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, Raymond James, Morgan Stanley, Wells Fargo, Wells, necrotizing, Abbott, Jim Cramer's, ABT, Jim Organizations: CNBC, Facebook, Federal, Barclays, Abbott Labs, Wall Street

☆ Meta accused of breaching EU antitrust rules over ad-supported subscription service
▼ + stars: | 2024-07-01 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Shares of Facebook parent Meta are down more than 30% this year amid a troubling macro environment and weaker-than-expected results. Facebook parent company Meta was on Monday accused by EU regulators of failing to comply with the bloc's landmark antitrust rules over its recently introduced ad-supported social networking service. The Commission labelled the ad-supported subscription option a "pay or consent" model — which means users have to either pay to use Meta's platforms ad-free, or consent to their data being processed for personalized advertising. The company separately told Reuters in a statement that its ad-supported subscription model "follows the direction of the highest court in Europe and complies with the DMA." Meta has previously pointed to this ruling as a reason for introducing the subscription offer.

Persons: Meta Organizations: Facebook, Meta, CNBC, Reuters, European Court of Justice Locations: Europe

☆ It's dangerously easy to 'jailbreak' AI models so they'll tell you how to build Molotov cocktails, or worse
▼ + stars: | 2024-06-30 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +1 min

A jailbreaking method called Skeleton Key can prompt AI models to reveal harmful information. The technique bypasses safety guardrails in models like Meta's Llama3 and OpenAI GPT 3.5. Microsoft advises adding extra guardrails and monitoring AI systems to counteract Skeleton Key. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIt doesn't take much for a large language model to give you the recipe for all kinds of dangerous things.

Persons: —, Mark Russinovich Organizations: Microsoft, Service, Business

☆ Instagram really wants everyone to start using its shiny new AI tools. Will you?
▼ + stars: | 2024-06-28 | by ( Sydney Bradley | Amanda Perelli | ) www.businessinsider.com time to read: +3 min

Read previewHey, everyone: Instagram really wants you to start using its AI tools. Related storiesThe AI Studio product will let creators make their own AI-powered characters in the app. Meanwhile, on the ground in Anaheim, CA, Instagram is showcasing its AI features at the creator economy's biggest event. Many of Instagram's AI tools are accessible within the DM feature, such as stickers in chat and the creator chatbots. "If you look at Instagram, DMs is one of the fastest growing parts of the system," Zuckerberg said on the "Blueprint" podcast.

Persons: —, Instagram, Mark Zuckerberg's, Zuckerberg, YouTuber Kane Sutter, chatbots Organizations: Service, Business, Instagram, DMs Locations: Anaheim , CA

☆ Mark Zuckerberg is 'almost ready' to reveal a prototype that left early testers 'giddy'
▼ + stars: | 2024-06-28 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

Meta will soon showcase its "full holographic" glasses prototype, CEO Mark Zuckerberg said. The prototype will feature advanced augmented reality tech, though it's not yet ready for sale. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg said Meta is "almost ready" to show off its latest augmented-reality prototype — and he sounds excited. The CEO teased Meta's upcoming "full holographic" glasses during an interview with YouTuber Kane Sutter, also known as Kallaway.

Persons: Meta, Mark Zuckerberg, it's, Zuckerberg, —, Meta's, YouTuber Kane Sutter Organizations: Service, Business

☆ Meta and Google have become new allies for retailers in their battle to steal ad dollars from Amazon
▼ + stars: | 2024-06-28 | by ( Lauren Johnson | ) www.businessinsider.com time to read: +6 min

Read previewRetailers have new friends in their battle to steal ad dollars from Amazon: Meta and Google. And Kroger inked a deal to sell targeted Meta ads for grocery-focused brands. Instacart is working with YouTube to let advertisers target ads based on someone's shopping behavior on Instacart. Kroger Precision Marketing's Pratt said that Kroger is also pitching Meta ads to social advertisers as performance ad formats. Advertisers typically buy social ads to increase big branding goals like awareness, but retailers want to prove that social ads also drive sales.

Persons: —, Kroger, Ross Walker, Walker, Andrew Lipsman, Cara Pratt, Instacart, Shopify, Andrius Baranauskas, Baranauskas, Marketing's Pratt, Lipsman Organizations: Service, Google, Meta, Business, Amazon, Retailers, Media, Kroger, Marketing, Kroger Precision Marketing, YouTube Locations: Canada, Acadia, Shopify

Here's a rapid-fire update on all 33 stocks in Jim Cramer's Charitable Trust, the portfolio we use for the CNBC Investing Club. Best Buy : Jim said Best Buy's pullback in recent days has created a buying opportunity in the electronics retailer. Salesforce : The stock has in recent weeks clawed back some of its post-earnings plunge , even before Thursday's 6% surge. Wynn Resorts : Wynn is another stock in the portfolio that, it's become increasingly clear, trades based on its exposure to China. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.

Persons: Jim Cramer's, Jim, Wall, Abbott, Johnson, We're, haven't, it's, Walt Disney, Estee Lauder, levered, Eli Lilly, Lilly, Morgan Stanley, Goldman Sachs, OpenAI, Jensen Huang, Nikesh Arora's, Stanley Black, Decker, TJX, We've, Wells, Charlie Scharf poaches, Wynn, Jim Cramer, Michael M Organizations: Jim Cramer's Charitable Trust, CNBC, Club, Apple, Abbott Laboratories, Prime, Web, Broadcom, VMWare, Costco Wholesale, Costco, Coterra Energy, DuPont, Walt, Disney, Nvidia, Ford Motor, Ford, Blue, Motors, GE Healthcare, GE, Management, Honeywell, Linde, Microsoft, Palo Alto Networks, Procter & Gamble, Constellation Brands, Modelo, Corona, Fed, TJX, JPMorgan, Wynn Resorts, Wynn, Jim Cramer's Charitable, Traders, New York Stock Exchange, Santiago, Getty Locations: China, Covid, Dover, Eaton, Palo Alto, U.S, Wells Fargo, Las Vegas

☆ CEOs from Mark Zuckerberg to Sundar Pichai explain why companies are making cuts this year
▼ + stars: | 2024-06-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

A number of Big Tech companies have laid off staff this year, including Google, Tesla, Apple, and dozens more. Ironically, companies haven't been slowing down on innovation, with many releasing a constant stream of AI updates and product launches. Mark Zuckerberg shared his theory on the first round of industry-wide layoffs in an interview with "Morning Brew Daily" in February. AdvertisementSalesforce CEO and cofounder Mark Benioff also relayed the same sentiment in a letter to employees announcing layoffs in 2023. But for the moment, tech companies don't seem to be slowing down on AI advancement.

Persons: —, Mark Zuckerberg, Jason Citron, Sundar Pichai, Mark Benioff, Zuckerberg, Emily Chang, Wayfair's cofounders, Niraj Shah, Steve Conine, Jobs, Satya Nadella, Arvind Krishna, Drew Houston Organizations: Service, Big Tech, Google, Apple, Business, Bloomberg, ARM, IBM, Dropbox Locations: Zuckerberg's

☆ Alex Schultz, Meta's CMO and VP of analytics, says marketers need to hang on and focus on real results, even as AI adoption goes through inevitable ups and downs
▼ + stars: | 2024-06-25 | by ( Julia Hood | ) www.businessinsider.com time to read: 1 min

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☆ Apple has been doing some soul-searching around its next big product
▼ + stars: | 2024-06-24 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

When the Vision Pro headset launched in February, the $3,500 price tag and lack of a really great app gave mainstream consumers pause. Since then, Apple has been considering ways to push the headset product line forward and attract new customers, Bloomberg reported on Sunday. AdvertisementThe seemingly lackluster response to the expensive Vision Pro launch has led execs working on the product to do a bit of soul-searching about the way forward for the headset, Bloomberg said. They want to make Vision Pro a more mainstream product, with options at higher and lower prices. Bloomberg said Apple has spent years working on a headset that would cost $1,500 to $2,000, which could be released by the end of 2025.

Persons: —, ChatGPT, Apple, Meta's Ray, it's Organizations: Service, Apple, Bloomberg, Business, Apple Intelligence, Worldwide, Conference, Vision, Apple Watch, Vision Pro

☆ 34-year-old making $400,000 at TikTok: Being let go from Meta in 2022 was 'perfect timing'
▼ + stars: | 2024-06-24 | by ( Kamaron Mcnair | In Kamaronmcnair | ) www.cnbc.com time to read: +13 min

TubeMogul was competing for an ad tech partnership with Netflix, so Lee learned about the company's own technology and culture. Lee started working at Netflix on its digital marketing programmatic buying team in 2014, earning a salary of $110,000. "It was actually perfect timing that I got laid off," Lee says of being part of Meta's November 2022 job cuts. While she wants to continue increasing her salary, money alone isn't enough. On her TikTok, YouTube and Instagram accounts, Lee shares career and lifestyle advice based on her experiences.

Persons: Sora Lee, Lee, Mickey Todiwala, she'll, hustles, Lee didn't, she's, you've, TubeMogul, Andrew Evers, Lisa Setyon, haven't, Jackson, Tesla, doesn't, I'm, Lee isn't Organizations: CNBC, University of California, TikTok, ByteDance, Netflix, Meta, Facebook, Child, Savings, Porsche, YouTube Locations: Berkeley, South Korea, San Mateo , California, TikTok, RSUs, TubeMogul, New York, Austin , Texas, Los Angeles, Meta's, Lake Tahoe, U.S

☆ Efficiency helped turn Silicon Valley around. China is taking it to the extreme to do the same.
▼ + stars: | 2024-06-24 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Now, China's tech bosses seem ready to do the same. AdvertisementChina is pushing tech workers even harderChinese tech companies seem willing to take Silicon Valley's efficiency mantra even further. Big names on China's tech scene, like JD.com and Jack Ma's Alibaba, have faced a threat from fast-growing newcomers like Pinduoduo, the sister company of online marketplace Temu. AdvertisementQu left Baidu after her comments were made public, but the ferocity of what China's tech workers are hearing isn't abating.

Persons: —, Mark Zuckerberg, Andy Jassy, Meta's Mark Zuckerberg, Richard Liu, Liu, Jack Ma's Alibaba, Pinduoduo, Jack Ma, Wang, Ma's Alibaba, aren't, Qu Jing, Qu, Baidu, isn't Organizations: Service, Business, Financial Times, Bloomberg, China Labor Watch, Baidu Locations: China, Beijing

☆ Jensen Huang's Nvidia sure hopes the AI bubble doesn't burst anytime soon
▼ + stars: | 2024-06-22 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

AdvertisementHowever, Nvidia's run faces one big risk: it depends on the generative AI boom lasting. Though tech giants, including Apple, Google, Meta, and Microsoft, now appear to have made generative AI their priority, there appears to be awareness of the technology's weaknesses. Google, for instance, was forced to apologize earlier this year after its generative AI image generator created historically incorrect images in response to user requests. For now, though, the industry seems intent on moving ahead with LLM-enabled generative AI. That should keep Nvidia in the race with Microsoft and Apple to a $4 trillion valuation.

Persons: —, Jensen Huang, they've, Dan Ives, Huang, Tim Cook, Yann LeCun Organizations: Service, Nvidia, Microsoft, Apple, Business, Meta, Google, Blackwell, Apple Intelligence, Financial Locations: Taipei

☆ TikTok Shop is winning over Gen Z adults, tying with Instagram as their top social shopping app
▼ + stars: | 2024-06-21 | by ( Dan Whateley | Madeline Stone | ) www.businessinsider.com time to read: +4 min

AdvertisementAmong all respondents, millennials and Gen-Z users aged 18 to 26 were the biggest buyers on TikTok Shop when compared to younger Gen Zers and Gen Xers. Most baby boomers surveyed said they'd made no purchases on TikTok Shop. TikTok is doing a good job of hanging onto customersShoppers often make a purchase on TikTok Shop in response to a particularly compelling piece of content on their feed. Earnest Analytics, which tracks credit and debit card transactions, found similarly strong retention numbers for TikTok Shop in a report released earlier this year. Earnest found that around 27% of TikTok Shop customers came back to make another purchase within five months of their first buy.

Persons: —, Instagram, they'd, millennials, Gen Zers, Xers, Gen, Claire Tassin, TikTok, Earnest, Will, Tassin Organizations: Service, YouTube, Facebook, Business, Shoppers, TikTok, Shop, Meta

Stifel raised its price target on Nvidia to $165, implying more than 20% upside. Analyst Andrew Boone also set a price target of $38, corresponding to a nearly 22% increase from Tuesday's close. — Lisa Kailai Han 6:06 a.m.: Stifel raises its price target for shares of Nvidia Stifel raised its price target for Nvidia in a recent note. Roy added that his new price target was also based on his new earnings estimate for the fiscal year 2027. — Lisa Kailai Han 6:06 a.m.: KeyBanc raises Meta Platforms price target Strong ad momentum will drive more gains for Meta Platforms shares, according to KeyBanc.

Persons: Stifel, Piper Sandler, Kumar, Harsh, — Lisa Kailai Han, Andrew Boone, Life360, Boone, Nvidia Stifel, Ruben Roy's, Roy, Lisa Kailai Han, Justin Patterson, Patterson, Meta, Fred Imbert Organizations: CNBC, Nvidia, Devices, AMD, Life360, Automotive, Meta Locations: Tuesday's, Meta

☆ Meta's huge AI investment is expected to boost returns and ease investor spending concerns
▼ + stars: | 2024-06-20 | by ( Paulina Likos | ) www.cnbc.com time to read: +4 min

META YTD mountain Meta stock performance year-to-date. Riding the tech and AI trade, Meta shares closed at a record high of $527 each on April 5. Like Meta, the Google parent is using AI to enhance its consumer platforms and the potential for more advertising dollars . THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: KeyBanc, Meta, Jeff Marks, Jim Cramer's, Jim Cramer, Jim, Omar Marques Organizations: Facebook, Meta, Gmail, Google, CNBC, Lightrocket, Getty Locations: Meta

☆ Meta poised for another breakout, according to the charts
▼ + stars: | 2024-06-18 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Meta (META) is about 5% from all-time highs and technically set up for a move to break to a new record. Since then during its 'year of efficiency' free cash flow has been built back to about $11-$13 billion per quarter for a yearly cash flow of about $50 billion. Meta is already making significant progress as its AI-generated content recommendation systems on Instagram Reels has made sharing among users increasingly popular. Analysts are expecting Meta to grow earnings by 14% for the next two years and revenues by about 12%. -Todd Gordon, founder of Inside Edge Capital, LLC DISCLOSURES: (Gordon owns META personally and in his wealth management company Inside Edge Capital Management, LLC Charts.)

Persons: we've, Todd Gordon, Gordon Organizations: Inside Edge, Reality Labs, Meta, Nvidia, Apple, Alpha, Inside Edge Capital Management

☆ Social media has gotten so bad that America's top doctor is intervening
▼ + stars: | 2024-06-18 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, we're looking at the surgeon general suggesting warning labels for social media . The big storyA solution for socialsAnna Moneymaker/Getty Images; Chesnot/Getty Images; Chelsea Jia Feng/BISocial media has gotten so bad that the country's top doctor is intervening. AdvertisementIn his piece, Murthy said social media is a key culprit of the mental health crisis young people are facing. Generative AI adds more fuel to the misinformation fire social media platforms have been battling for years. Many of them are making fast use of social media platforms like TikTok and investing heavily in AI.

Persons: —, Anna Moneymaker, Chelsea Jia Feng, Vivek Murthy, Geoff Weiss, Murthy, It's, Katie Notopoulos, isn't, Adam Kovacevich, Dan Whateley, Mark Zuckerberg, Zuckerberg, Danielle DiMartino Booth, Instagram, Larry Fink, Dave Calhoun, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, George Glover, Annie Smith, Amanda Yen Organizations: Service, Business, US, The New York Times, of Progress, Getty, Meta, Bank of America, AIM, Apple, Apple Watch, Adobe, Justice, Marketing's, District of Columbia, DC, Boeing Locations: China, Schonfeld, New York, London

☆ Insider Today: Meta's manager squeeze
▼ + stars: | 2024-06-16 | by ( Matt Turner | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Apple announced Apple Intelligence at WWDC 2024. CEO Tim Cook unveiled Apple Intelligence, a generative AI system partly powered by ChatGPT (for now). Assuming Apple Intelligence works as intended, there will be even more reason to switch to or stay with Apple. Add it all together, and, as Linette Lopez writes, Apple may be the one Big Tech company getting AI right.

Persons: —, there's, Jimmy Donaldson, Justin Sullivan, Apple, Tim Cook, Katie Notopoulos, OpenAI, Linette Lopez, Alyssa Powell, Fitch, it's, Abercrombie, Mark Zuckerberg, Michel Shvo Patrick McMullan, Chelsea Jia Feng, Michael Shvo, Shvo, he's, Grace J, Kim, Gen Zers, There's, isn't, Z Organizations: Service, Business, Apple, Apple Intelligence, Google, Microsoft, Big Tech, Getty, Abercrombie, Fitch, GameStop Locations: cologne, New York City

☆ Apple Is the First Giant Tech Company to Make Useful AI Products
▼ + stars: | 2024-06-16 | by ( Linette Lopez | ) www.businessinsider.com time to read: +9 min

Apple's scale and specificity of vision also make it the first Big Tech company to get AI integration right. The fact that people are disappointed in Apple says more about the hype around AI's capabilities than it does about Apple. In that way, Apple's cautious approach may be a service for the rest of the tech industry. By slowly acclimatizing its constellation of users to AI that makes their lives better instead of frustrating them, Apple makes the tech feel like a natural upgrade instead of an unreliable, scary intrusion. AdvertisementSure, Apple's AI may not be sexy or scary, but at least it doesn't seem stupid.

Persons: Katie Collins, Mark Gurman, Jordan Hart, Elon Musk, OpenAI's, Marc Andreessen's, confidants, Musk, Tesla, AI's, that's, Yann LeCun, Siri Organizations: Worldwide Developers, Apple, Apple Intelligence, Big Tech, Nvidia Locations: Silicon Valley, Silicon, Albany, New York City, New York

☆ How Apple, Microsoft and 3 other tech giants can make money with AI geared to consumers
▼ + stars: | 2024-06-16 | by ( Morgan Chittum | ) www.cnbc.com time to read: +10 min

(Expected AI-driven device upgrades from Apple, Microsoft, and other personal tech makers is the reason we're invested in Best Buy . Microsoft, Apple and fellow Club name Nvidia have all eclipsed $3 trillion market values — and have been wrestling for the top spot as the most valuable U.S. company. META YTD mountain Meta Platforms (META) year-to-date performance Meta Platforms is monetizing consumer interest in AI by boosting user engagement. The Meta AI generative artificial intelligence assistant is currently free to use. AMZN YTD mountain Amazon (AMZN) year-to-performance Comparable to Meta, Amazon offers AI to consumers for free to increase engagement on its dominant e-commerce platform.

Persons: Tim Cook, Siri, Apple, WWDC, Piper Sandler, Jim Cramer, Bard, Missteps, Jim, Jim Cramer's, Eugene Mymrin Organizations: Apple, Apple Intelligence, Developer Conference, Microsoft, Services, Cook, Co, AI Party, Bloomberg, Microsoft's, Computing, Club, Nvidia, Gmail, Google, ChatGPT, Facebook, Citi, Meta, Amazon, Amazon Web Services, CNBC Locations: China, Cupertino, U.S

☆ Meta says it won't release its AI assistant in Europe because EU regulations will make it 'second rate'
▼ + stars: | 2024-06-15 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Meta said it won't launch its AI assistant in Europe following pushback from regulators. Regulators raised privacy concerns about Meta's plan to scrape user data to train its AI. But Meta says that data is essential to offer a useful product. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Meta announced Friday it won't release its AI features in Europe because the EU's stringent privacy regulations would make it a "second-rate experience."

Persons: Meta, — Organizations: Service, Meta, Irish, Facebook Locations: Europe

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