meta platforms inc.
Jun 5, 2023, 4:00 PM EDT
Facebook owner Meta sells Giphy and takes plus $260M loss after UK antitrust order
Facebook parent Meta will sell Giphy Inc. to Shutterstock for $53 million, well below the $400 million it paid for the platform in 2020 after U.K. regulators blocked the acquisition.
Instagram restores service after major outage lasting nearly 2 hours
Meta acknowledged Instagram was experiencing an outage on Sunday evening, saying it was working to get things back up as quickly as possible.
Maryland public school sues TikTok, Meta, Snapchat for contributing to mental health crisis
A Maryland public school system is taking legal action against Meta, Byte Dance, Snap Inc., and Google alleging negligence as young adults amid a worsening mental health crisis.
Tech CEO explains what's causing mass layoffs
Kaseya CEO Fred Voccola discusses issues facing the technology sector and shares how his Miami-based company is finding success on 'The Big Money Show.'
Meta announces AI image generation tools for advertisers
Facebook parent company Meta is rolling out a suite of artificial intelligence-based tools for use by advertisers on their platforms.
Tech leaders mention AI almost 170 times during earnings calls: report
Meta, Alphabet, Microsoft and Amazon leaders mentioned artificial intelligence more that 150 times in their first-quarter earning calls in April, according to a report.
Senators look to ban kids under 13 from social media in bipartisan bill
A bipartisan group of U.S. senators will soon introduce legislation that would set a minimum legal age for children to use social media and regulate how algorithms can target kids.
Facebook chief Zuckerberg consumed by race to launch AI in snub to Musk-backed pause
Meta, the parent company of Facebook and Instagram, shot down a request to pause AI research, with a top leader saying AI consumes Mark Zuckerberg's time.
Facebook parent Meta releases AI model ‘SAM’ that can identify images within photos
Facebook owner Meta has released a new artificial intelligence model that can identify objects within photographs - even without prior training.
LARRY KUDLOW: Alvin Bragg and his left-wing ilk are doing the best they can to damage this country
FOX Business host Larry Kudlow calls out President Joe Biden's energy policies and reflects on days under President Trump's leadership on "Kudlow."