Meta Warns of Service Degradation for EU Users Following €200M Privacy Fine
Meta faces regulatory pressure in Europe over its 'consent or pay' data model, resulting in a €200M fine and potential service changes. The company warns of diminished user experience while exploring alternative advertising approaches that align with EU privacy requirements.
EU Slaps Apple and Meta with $800M in Fines, Intensifying US Trade Tensions
The European Union has imposed substantial fines on Apple and Meta for violating digital competition laws, with penalties totaling nearly $800 million. The decision escalates growing tensions between EU regulators and US tech giants, while raising concerns about transatlantic trade relations.
Meta Blocks Apple's AI Features Across Its iOS Apps in Latest Tech Rivalry
Meta has disabled Apple Intelligence features across its iOS apps, including Facebook and Instagram, refusing to integrate tools like Writing Tools and Genmojis. The move appears to be retaliation against Apple's App Tracking Transparency policy, which has impacted Meta's advertising revenue.
Zuckerberg Defends Meta's Acquisitions in Historic FTC Antitrust Trial
Meta CEO Mark Zuckerberg testified in a pivotal antitrust trial regarding the company's acquisitions of Instagram and WhatsApp. The FTC's case could force Meta to divest these platforms, potentially reshaping the social media landscape and setting precedents for Big Tech regulation.
Zuckerberg Considered Mass Facebook Friend Reset in Shift Away from Social Focus
Meta CEO Mark Zuckerberg revealed in court that he contemplated deleting all Facebook users' friend connections in 2022 to force a fresh start. The dramatic proposal highlights Facebook's evolution from a friends-focused platform to an entertainment discovery service.
Meta's Secret AI Collaboration with China Exposed by Former Facebook Executive
A former Facebook executive prepares to testify before Congress, alleging Meta secretly shared AI technology with Chinese authorities while pursuing an $18 billion opportunity. The whistleblower claims Meta helped advance China's AI capabilities at the expense of US national security interests.
Meta's Latest Layoffs Hit Facebook and Reality Labs Teams Hardest
Internal documents reveal Meta's recent 5% workforce reduction heavily impacted Facebook and Reality Labs divisions, with over 3,600 positions eliminated across key teams. The cuts particularly affected virtual reality and monetization engineering groups, even as the company plans strategic rehiring in machine learning.
Meta Increases Executive Bonuses While Cutting Employee Stock Awards
Meta approves doubling of executive bonus potential to 200% of base salary while reducing employee stock compensation by 10%. The changes come amid ongoing layoffs targeting 4,000 positions, though the company plans to later backfill roles focused on AI development.
Meta's Strategic Shift: Mass Layoffs Amid Aggressive AI Talent Hunt
Meta announces 3,600 job cuts while simultaneously launching an expedited hiring process for AI expertise. The restructuring reflects the company's pivot towards artificial intelligence development as it aims to compete with rivals like OpenAI and DeepSeek.
Tech Giants Commit $320 Billion to AI Race in 2025
Meta, Amazon, Alphabet, and Microsoft plan unprecedented AI investments totaling $320 billion in 2025, with Amazon leading at $100 billion. The massive spending surge aims to strengthen cloud services and AI capabilities amid growing competition, despite market skepticism and supply constraints.