Meta Platforms

Meta-Manus deal reversal: China does not make tech firms reject foreign investment, state planner says

Foreign investment must comply with Chinese laws and regulations, says a spokesperson

The complaints were submitted to the European Commission and national regulators under the Digital Services Act (DSA).

Google, Meta, TikTok face EU consumer complaints about handling of financial scams

It signifies growing pressure worldwide on Big Tech to do more to address the negative impacts of social media

It’s unclear how new owners would carve out Manus’s agentic AI technology, much of which has been integrated into Meta’s systems.

Manus weighs raising US$1 billion to unwind Meta takeover

Reversing a major deal within months of completion is virtually unheard-of

Meta’s aggressive spending on AI has caused concern among investors, who worry that the company’s investment may not ultimately pay off.

Singapore staff first to know in Meta’s 8,000 global job cuts 

This latest round of cuts is expected to hit the company’s engineering and product teams

Many tech firms are cutting staff, citing AI.

The AI bots are coming and the young are booing, not applauding

A rising number of Gen Z are anxious or angry about AI, according to a report

Meta is spending hundreds of billions on the talent and infrastructure needed to develop large language models that power chatbots and other consumer features.

Meta moves 7,000 workers into AI roles ahead of job cuts

Employees will move into one of several new groups focused on AI-related products, including agents and apps

An electronic board shows Shanghai stock indices as people walk on a pedestrian bridge in the Lujiazui financial district in Shanghai.

Beijing’s new red line: Offshore firms can’t ‘de-China’

Authorities signal that corporate re-domiciliation can no longer bypass the tightening national security and tax net

Meta said incognito chats will be powered by its private processing technology, ensuring conversations remain invisible to anyone, including the company itself.

Meta to launch ‘Incognito Chat’ for private AI conversations on WhatsApp

META Platforms is rolling out a new “Incognito Chat” feature for its artificial intelligence assistant on WhatsApp messaging service, the company said on Wednesday, as it looks to address data privacy...

Communications Minister Fahmi Fadzil said he has reprimanded Meta, and added he considers “legal action as the last option, but we are already close to that last option” .

Malaysia mulls steps against Meta on fake royal accounts

It flagged more than 15,000 fake accounts using the names of 26 royal family members

More than three years into a bull market fuelled by excitement about AI, two key pillars remain intact: Big Tech profit growth continues to outpace the rest of the market, and the flow of money into AI infrastructure keeps growing.

Big Tech earnings show split between AI trade winners and losers

The artificial intelligence boom is alive and well, but investors are getting more granular