Meta (facebook)

Meta delays release of Phoenix mixed-reality glasses to 2027, Business Insider reports

[Bengaluru] Meta is delaying the release of its Phoenix mixed-reality glasses until 2027, aiming to get the details right, Business Insider reported on Friday (Dec 5), citing an internal memo.

Meta chief executive Mark Zuckerberg has made AI a priority at the tech giant with a stated aim of achieving “superintelligence”.

Meta buys AI wearables startup Limitless

[NEW YORK] Meta on Friday (Dec 5) confirmed it is buying Limitless, a US startup that makes a wearable pendant that records and summarises conversations and meetings with the help of artificial intell...

The European Commission opened the investigation into “Meta’s new policy regarding AI providers’ access to WhatsApp” after the California-based company integrated its Meta AI system into the messaging service earlier this year.

EU launches antitrust probe into Meta over use of AI in WhatsApp

[BRUSSELS] Brussels has opened a new antitrust investigation into Meta Platforms over its roll-out of artificial intelligence (AI) features in WhatsApp, the European Commission said on Thursday (Dec 4...

Allegations against Meta and its rivals include tacitly encouraging children below the age of 13 to use their platforms, failing to address child sexual abuse content and seeking to expand the use of social media products by teenagers while they were at school.

Meta buried ‘causal’ evidence of social media harm, US court filings allege

The company allegedly ignored valid research findings on mental health impacts

Australia will from Dec 10 force social media platforms including Facebook, Instagram and Tiktok to remove users under the age of 16 or face hefty fines.

Meta to remove under-16 Australians from Facebook, Instagram on Dec 4

META said Thursday that Australians younger than 16 will be removed from Facebook and Instagram on Dec 4, as Canberra prepares to enforce sweeping laws banning teens from social media.

UN High Commissioner for Human Rights Volker Turk pointed out seven or eight big tech companies now boast more wealth than the entire economies of even industrialised nations.

Concentration of corporate power a ‘huge’ concern: UN rights chief

A FEW tech giants accumulating massive power coupled with artificial intelligence is posing huge global rights challenges and needs regulation, the UN human rights chief told AFP in an interview.

Young users claim excessive screen time has led them to suffer depression, anxiety, insomnia and eating disorders, while others have engaged in self-harm and even died by suicide.

Social media giants must stand trial on addiction claims

META Platforms, ByteDance, Alphabet and Snap must face trial over claims that they designed social media platforms to addict youths, a judge ruled, clearing the way for the first of thousands of cases...

An uptick in incidences of scammers exploiting Facebook to perpetuate scams that impersonate government officials has been observed between June 2024 and June 2025.

Meta to install measures to fight scams impersonating government officials by Sep 30 or face fine: MHA

Other online platforms could face similar requirements, the Ministry of Home Affairs says

Oracle would provide Meta with computing capacity for training and deploying AI models, in addition to Meta’s existing cloud computing providers, the person says.

Oracle eyes US$20 billion AI cloud computing deal with Meta: source

[California] Oracle is in talks with Meta for a multi-year cloud computing deal worth about US$20 billion, underscoring the social media giant’s drive to secure faster access to computing power, a per...

Amazon founder Jeff Bezos embraces the brutal math of innovation. Given a 10% chance of a pay-off of 100 times, you should take that bet every time, he argues, even though you’ll be wrong nine times out of 10.
A SMART LOOK AT INVESTING

From flops to fortune: How tech’s biggest failures create tomorrow’s winners

This holds lessons for patient investors too: today’s billion-dollar write-off may be tomorrow’s trillion-dollar business