November 15, 2024
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Tag: Meta

EU fines Meta nearly €800 million for ‘abusive’ practices benefiting Facebook marketplace – Times of India

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The European Commission on Thursday fined Meta nearly €800 million for breaching antitrust rules by giving Facebook users automatic access to Facebook Marketplace, benefiting the platform through “abusive practices”.The €797.72 million ($840.24 million) penalty follows a prolonged investigation, which concluded that Meta had abused its dominant market position and engaged in anti-competitive conduct.What the European…

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Instagram messages outage: Countries hit and how users reacted on social media – Times of India

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Instagram messages are reportedly down. As per thousands of complaints, the Meta-owned platform’s direct Message feature is experiencing problems, affecting users across the globe, including India. Instagram users took to X (formerly Twitter) to report the ongoing outage. Downdetector, the crowd-sourced outage tracking platform, also shows reports from users in India, the US and the…

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Who is responsible for rising online frauds: Tension rises between technology companies and banks in the UK – Times of India

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Tensions are escalating in the U.K. as banks and payment companies grapple with social media firms over who should bear the cost of compensating victims of online fraud. Starting October 7, banks will be required to reimburse up to £85,000 to victims of authorized push payment (APP) fraud, a scam where criminals trick people into…

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“Goodbye Meta AI”: How over 600,000 people, including celebrities, fell for a fake message on Facebook, Instagram – Times of India

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Over 600,000 people, including numerous celebrities, have shared a false message claiming to prevent Meta from using their images for AI training. The message said that if users share it, Meta will no longer be able to use their information.According to a report, film stars James McAvoy (known for playing Professor X in X-Men: First…

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‘Respect’: Facebook founder Mark Zuckerberg on how Google DeepMind CEO negotiated with Google playing him off – Times of India

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Meta CEO Mark Zuckerberg recently commended DeepMind co-founder Demis Hassabis for his strategic negotiation tactics during Google’s acquisition of the AI research lab in 2014. Speaking at a South Park Commons event, Zuckerberg revealed that Facebook (now Meta) had been in talks to purchase DeepMind before Google secured the deal for over $500 million.“I did…

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Meta removes 63,000 Nigerian Instagram accounts accused of sextortion scandals – Times of India

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Meta, the parent company of Facebook and Instagram, has removed down 63,000 Instagram accounts based in Nigeria, taking down a widespread sextortion racket . The company announced on that these accounts were engaged in financial sextortion scams, primarily targeting adult men in the United States.The crackdown, which occurred in late May, focused on a network…

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Meta AI on WhatsApp is getting this basic Maths question wrong and why it may not be alone – Times of India

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Mark Zuckerberg-owned Meta rolled out its Meta AI chatbot to WhatsApp, Instagram and other platforms last month. The artificial intelligence (AI) chatbot appears to be struggling with a basic mathematics question. When asked ‘which is bigger 9.9 or 9.11’, Meta AI on WhatsApp responded ‘9.11 is bigger than 9.9’. On further asking to explain why…

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