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The Latest Breaking News from Meta

Here's Why Meta Platforms Is the Top AI Stock to Watch Right Now

The Magnificent Seven stocks have been driving the market higher this year, thanks to investor optimism over massive artificial intelligence growth. While all of these stocks have made significant strides with AI, Meta shares might be the best of the group - here's why.

Barchart

Blackpink set to thrill fans with immersive virtual reality concert on Meta

The gig will take place on Meta's Horizon Worlds VR app

Evening Standard

Up 71% in 2023, Can Amazon Stock Rally Another 60% From Here?

Amazon stock has gained more than 71% year-to-date, despite macro headwinds. And looking ahead, at least one Wall Street analyst expects AMZN to reach $230 per share in the next 12 months.

Barchart

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Microsoft releases AI tool for photorealistic copying of faces and voices

In response to criticism that Azure AI Speech was simply a ‘deepfakes creator’, Microsoft said it had implemented safeguards

The Guardian - US

Meta confirms AI video and image editing for Instagram and Facebook — here's how it'll work

Meta is launching new AI tools to let Instagram and Facebook creators add objects, change the style, or create new videos from scratch.

Tom’s Guide

‘End of days’: staff at Mirror and Express owner Reach brace for grim Christmas

Workers despair as national and local newspaper group launches third round of job cuts in a year

The Guardian - UK

The Inside Scoop On Inside Days: The Subtle Sign In Meta Stock's Decline

To be considered as bullish signal, an inside day should follow a wide-ranging, high-volume day.

Investors Business Daily

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Meta opens up Metaverse marriage with Qualcomm to make AR glasses with MediaTek

Despite Meta's dependence on Snapdragon silicon for the Quest 2 and 3, its future AR glasses will use custom silicon developed in partnership with MediaTek.

Android Central

AI will create ‘largest displacement of human labor in the history of capitalism,’ says tech-focused hedge fund CEO. ‘A lot of people will feel left out’

With AI "there’s gonna be a lot of [job] disruption that will cause a lot of anger," warns Altimeter Capital CEO Brad Gerstner.

Fortune

Meta Quest 3 review: a new gold standard in standalone VR

Meta has pulled off something very special.

Creative Bloq

TikTok and Meta challenge Europe's new rules that crack down on digital giants

TikTok and Meta are filing legal challenges against new European Union rules designed to counter the dominance of digital giants and make online competition fairer by giving consumers more choice

The Independent UK

Meta deflects child harm inquiry by pointing to Apple and Google app stores

As US Senate began looking at the firm’s failures to shield children, it called for laws requiring parental approval of app downloads

The Guardian - US

Mark Zuckerberg celebrates 20th anniversary with wife Priscilla Chan: ‘What a wild ride’

‘20 years since our first date,’ Meta CEO writes

The Independent UK

Building AI models is an "enormous waste of social resources," says Baidu CEO one month after his company released its latest AI model

The CEO of Baidu, China’s largest search engine, believes developers should focus on building AI-powered apps on top of existing foundational models.

Fortune

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The Street

Mark Zuckerberg is trying to hand off one of Meta's most controversial problems

The social media giant faces major claims about the safety of its platforms for young users.

The Guardian - US

Meta allows Facebook and Instagram ads saying 2020 election was rigged

Policy was reportedly introduced quietly in 2022 after the US midterm primary elections, according to the WSJ

Tom’s Guide

How to stop Facebook from training its AI on your data

In an attempt to crank up its users' rights to privacy, Meta has provided a way to opt out of its AI training models – here's how to find it.

Investors Business Daily

Forget Nvidia. Top Funds Invest 10 Times As Much In Amazon Stock.

Snatching the crown from Nvidia in terms of new buys top funds, savvy money managers plowed $16.2 billion into Amazon stock.

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TechRadar

The Apple Vision Pro’s game-changing spatial video is already available on the Meta Quest 3

Spatial video might be the Apple Vision's Pro best new feature, but you can already get it on the Meta Quest 3, kinda.

Fortune

Billionaire Citadel founder Ken Griffin says employers won't go the 'extra distance' to keep hybrid workers on the payroll: 'It's an email to all ... and goodbye'

Citadel founder Ken Griffin says managers are less likely to fight for remote and hybrid workers in a layoff process.

WEKU

YouTube will label AI-generated videos that look real

The Google-owned video platform says it will shut accounts if they don't disclose when they use AI tools to make realistic-looking content. Other platforms are adopting similar policies.

Inverse

Why Meta's Cheaper Quest 3 Lite Could be Destined for Failure

The rumor mill is already churning for Meta Quest’s next device, which could be the Quest 3 Lite with a starting price as low as $200.

The Street

Mark Zuckerberg finally approves Instagram feature users were asking for

Instagram's head said the feature addition was based off of community feedback.

PC Gamer

Microsoft and Meta bosses were asked outright by a UK government committee if an AI 'model is identified as being unsafe' could they recall it. They dodged the question almost entirely

The potential risks of a future dominated by AI is certainly a hot topic, but when the companies involved give such obtuse answers, is any real progress being made?

Investors Business Daily

Dow Surges As Fed Official Sees Sharp Inflation Drop; 30 Stocks Stage Breakouts

Dow Jones rose after inflation cooled in October. Tesla rose after raising China electric-vehicle prices even as sales fell in October.

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