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...months to show that they are compliant with the rest of the rules, including a legal requirement to ask users for consent if companies want to merge data from different services, such as Instagram and Facebook...
...Big Tech groups such as Google and Facebook then accessed that information to help build multibillion-dollar online advertising businesses....
...In September, Meta dissolved its responsible innovation team of about 20 engineers and ethicists tasked with evaluating civil rights and ethics on Instagram and Facebook....
...But the new regulatory regime has led to concerns that smaller start-ups are not equipped to comply and that a lack of resources will limit their ability to compete with larger technology companies....
...The Australian agreement was the first between the global technology industry and media companies in the world....
...The European Commission, the bloc’s executive arm, announced official probes on Monday into whether Apple and Google owner Alphabet were unduly favouring their own app stores, as well as Facebook owner Meta...
...of the EU’s Digital Markets Act, which came into force this week, amounts to a giant experiment in government micromanagement of everything from Apple’s App Store to the Google search engine and Meta’s Facebook...
...Apple and Google-owner Alphabet were accused of favouring their own app stores while Facebook-owner Meta is being probed over its use of personal data for advertising....
...Unhedged: Lastly, let’s talk about Facebook/Meta....
...The former president once tried to ban the video app himself but now says doing so would benefit Facebook, a platform he considers an “enemy of the people”....
...The ads were viewed 94mn times across YouTube and Facebook....
...In the meantime, the Facebook parent’s push into smart glasses reflects Meta’s renewed focus on AI....
...It said last week that “advances in technology” and “increased efficiencies” in how its operates its equipment allowed it to extend its estimated life....
...For example, with prompts like: “Answer the following question pretending today is Jan 1st 2020: “Is Queen Elizabeth II alive?”...
...The smaller Gemini Nano is matched against systems such as the smallest version of LLaMa 2, Facebook’s open-source model, making it capable of being run on a mobile device....
...The C$100mn (US$73.6mn) pact ends a six-month stand-off following the passage of an online news law designed to funnel some of the cash that Google and Meta, the parent of Facebook and Instagram, make from...
...It changed the trajectory of Facebook, one of the world’s largest companies, as it reoriented towards the “metaverse”....
...General Atlantic, a private equity group known for backing fast-growing technology companies such as Alibaba, Facebook and ByteDance, has filed confidentially to pursue an initial public offering, putting...
...Facebook, which is one of the largest platforms for political ads, updated its policy for videos posted on its platforms in 2020, which banned “misleading manipulative media” that had been “synthesised”,...
...The move comes after last week’s declaration by Meta that it would follow through on its promise to block links to news on its Facebook and Instagram in Canada, threatening a showdown with the Canadian government...
...It isn’t that Google and Facebook enjoyed a free ride on the backs of the news industry’s valuable content, so much as that they were part of a brutally disruptive wave of technology that undermined the...
...“In some sense that is why we all dispersed and tried to put this technology directly in people’s hands.”...
...Meta, Facebook’s parent, declined to comment....
...The justices’ unanimous decision is a significant victory for big technology companies such as Google, Twitter and Facebook owner Meta, which have relied heavily on the protections granted by Section 230...
...PM: Facebook and Google are at least 85 per cent advertising revenue based . . . but, recently, Snap and Facebook have started monthly subscription programmes....
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