Category: Meta Platforms Inc

Is Big Tech Facing a Big Tobacco Moment?

The New York Times – Business:
Back-to-back courtroom losses have put technology giants, including Meta and Google, in uncertain territory as they face lawsuits and bans on teen users.
What Sora’s End Says About OpenAI’s Strategy

The New York Times – Business:
The artificial intelligence start-up has pulled the plug on the video-making tool as it rethinks spending ahead of a possible blockbuster I.P.O.
Instagram to Alert Parents to Teens’ Self-Harm Searches

The New York Times – Business:
Parents will receive notifications if a child has used the platform repeatedly to search for terms related to suicide or self-harm, but users must opt in to get them.
Meta Announces Major Chips-for-Stock Deal With AMD

The New York Times – Business:
The multibillion-dollar deal is AMD’s latest move to catch up to Nvidia in the lucrative world of selling artificial intelligence chips.
Inside the Big Tech Lobbying Machine Aiming to Halt Social Media Bans

The New York Times – Business:
Tech giants, including Meta and Alphabet, are spending lavishly on splashy billboard ads, courting on-the-fence politicians and bulking up their ranks of lobbyists.
Mixed Signals Churn Stock Market Despite Recent Highs

The New York Times – Business:
Major indexes have mostly been treading water for months, as investors’ exuberance for artificial intelligence wears off.
Homeland Security Demands Social Media Sites Reveal Names Behind Anti-ICE Posts

The New York Times – Business:
The department has sent Google, Meta and other companies hundreds of subpoenas for information on accounts that track or comment on Immigration and Customs Enforcement, officials and tech workers said.
Meta Plans to Add Facial Recognition Technology to Its Smart Glasses

The New York Times – Business:
In an internal memo last year, Meta said the political tumult in the United States would distract critics from the feature’s release.
The A.I. Boom’s Uncertain Payoff

Companies like Microsoft and Meta are still spending big on artificial intelligence. But investors remain antsy about seeing results.
Meta Campaigns to Change Opinions on Data Centers

The tech giant has spent more than $6 million on TV ads in state capitals and Washington, with the message that data centers create jobs.
China Is Investigating Meta’s Latest A.I. Acquisition

Regulators said they will look at whether the deal for Manus, a Singapore start-up with Chinese roots, complied with China’s export and investment rules.
Senators Investigate Role of A.I. Data Centers in Rising Electricity Costs

Three Democrats are seeking information from tech firms about the growing energy use of data centers and the utility bills of individuals and other businesses.