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The Latest Breaking News from Meta

Meta Drops News Tab in 5 Countries To Focus On Competing With TikTok Over Short-Form Content

The company acknowledged a shift in user preferences, emphasizing the importance of prioritizing features like short-form video content.

International Business Times UK

Meta Platform is at a Peak and Has High Put Option Premiums - Worth Shorting for Income

Meta Platform's put options have elevated put option premiums. It makes sense for existing shareholders to short them for extra income. For example, the 3 weeks out 4.44% OTM strike yields 1.0%

Barchart

Fight for your news: media backing for government action over Meta

News providers voice concerns over Meta's Facebook decision.

The Canberra Times

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Brazilian Court Bans Meta Platforms From Using 'Meta' Name

Brazilian court prohibits Meta Platforms from using 'Meta' in a landmark trademark dispute, emphasizing local trademark rights.

Top News

LG's OLED tech is amazing, but it won't make me want a Quest Pro 2

Reports have been circling this week that Meta and LG will be collaborating on a future mixed-reality headset, with most assuming it's the Meta Quest Pro 2.

GamesRadar

ICYMI: the week's 7 biggest tech stories from MWC to new iPad and Apple car leaks

Here's the weeks 7 biggest tech news stories from MWC and beyond so you can get up to speed.

TechRadar

Meta prepares to say goodbye to Facebook's News tab this spring

Meta announced it will sunset its Facebook News tab later this spring.

Android Central

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PSVR 2: a year in review

PSVR 2 had bags of potential at launch, most of which seems to have been squandered by Sony.

TechRadar

EU Queries Meta About Ad-free Subscriptions, 'Shadow-banning'

The EU on Friday used new regulatory powers to query Meta about ad-free subscriptions to Facebook and Instagram as well as claims some voices are suppressed online in a phenomenon known as "shadow banning".

International Business Times

If Meta’s intransigence isn’t enough, AI poses an even greater threat to journalism

While Facebook has refused to renew its Australian media deals, robots scraping news sites for content could upend the industry entirely

The Guardian - AU

Rihanna, Zuckerberg In India For Party Thrown By Asia's Richest Man

Pop star Rihanna and Meta chief Mark Zuckerberg were in India Friday for an extravagant party hosted by Asia's richest man, with celebrations expected to include other globally influential figures.

International Business Times

Crimes involving child abuse imagery are up by a quarter in UK, says NSPCC

Nearly half of incidents where platform was known occurred on Snapchat, with 26% on Facebook, Instagram and WhatsApp

The Guardian - UK

Afternoon Update: Meta to stop paying Australian publishers for news; Linda White dies; and the best LGBTQ+ shows ever made

Current contracts with publishers that expire this year will not be renewed by technology giant

The Guardian - AU

Facebook Parent Meta To Stop Paying Australian News Media

Extending a global retreat from news content, Meta said it would scrap the Facebook News tab in Australia and would not renew deals with news publishers worth hundreds of millions of dollars.

International Business Times

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Al Jazeera

Meta says it will stop funding news in Australia, prompting backlash

Canberra blasts Meta’s decision as a ‘dereliction of its commitment to the sustainability’ of the media industry.

AAP

Australia looks at forcing Facebook to do news deals

All options are on the table as the federal government tries to get Facebook to negotiate deals with Australian news outlets.

The Canberra Times

Meta announces it will no longer pay for Australian news

The decision represents a major financial blow to news providers.

The Guardian - AU

Meta on collision course with Australian government after announcing end to journalism funding deals

Publishers informed on Friday Meta would not enter new deals when current contracts expire and Facebook news tab would shut down in April

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The Guardian - US

Court orders maker of Pegasus spyware to hand over code to WhatsApp

Israeli company NSO Group is accused in lawsuit by Meta’s messaging app of spying on 1,400 users over a two-week period

TechRadar

Meta looking to use exotic, custom CPU in its datacenters for machine learning and AI — yet another indication that Nvidia's most formidable rivals are developing their own alternatives to its hardware

Meta is advertising for engineers to build machine learning accelerators as part of its plans to move away from Nvidia.

TechRadar

Got a Meta Quest 3? There are 12 new reasons to get a Quest Plus subscription

Meta Quest Plus is getting a rotating catalogue of 12 VR apps, and new subscribers will get $25 / £25 free store credit, too.

Tom’s Guide

Move over Gemini and ChatGPT — Meta is releasing 'more responsive' Llama 3 AI model in July

Meta is releasing the next generation version of its open source large language model in July, according to reports.

Radio France Internationale

EU consumers challenge Meta paid service as privacy 'smokescreen'

Consumer groups from eight EU countries lodged complaints against Meta on Thursday, accusing the Facebook and Instagram owner of illegally processing user data and using its "pay or consent" system as a "smokescreen" for privacy breaches.

International Business Times

Zuckerberg, S. Korea's President Yoon Talk AI Cooperation

Meta chief Mark Zuckerberg met South Korea's President Yoon Suk Yeol in Seoul Thursday and discussed cooperation on AI and ways to prevent fake news circulation ahead of key elections, Yoon's office said.

The Guardian - AU

Tech firms say new Australian standards will make it harder for AI to protect online safety

The standards target generative AI’s misuse potential but Microsoft says its ability to flag problematic material could be hurt too

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