When I last covered Meta Platforms (NASDAQ: META ) (TSX: META:CA ) on November 22nd, 2024 with my article “Meta Platforms: Buy This Pullback”, the stock was starting to show signs of weakness one month earlier. In the article, I arguedAnalyst’s Disclosure: I/we have a beneficial long position in the shares of META, NVDA, GOOG either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Se ...

Core Viewpoint - Meta's ongoing news ban in Canada is significantly impacting the consumption of traditional media, particularly as the country approaches an election, leading to a reliance on alternative sources for news [3][5][12]. Group 1: Impact on Traditional Media - Meta has restricted access to news websites on its platforms in response to the Online News Act, which requires compensation for journalism outlets [3][12]. - Users are increasingly exposed to news content through non-traditional means such as memes and videos, which may lack the context provided by established journalism [3][4]. - The engagement with content from news media has declined, resulting in a narrower understanding of political issues among the public [5][10]. Group 2: Shift in Information Sources - Candidates and citizen journalists are now using social media to communicate directly with voters, bypassing traditional media channels [6][11]. - Content creators are gaining popularity for their political commentary, often presenting viewpoints that diverge from mainstream media [8][9]. - The reliance on secondary sources for news increases the risk of misinformation and creates echo chambers, where users receive filtered information [10][11]. Group 3: Alternative Media and User Engagement - Some independent journalists are adapting by repackaging their reporting into short-form videos to engage audiences on platforms like TikTok and YouTube [11][13]. - There is a growing demand for local coverage, as evidenced by the engagement levels of independent outlets despite the challenges posed by Meta's news ban [13][14]. - The current media landscape is characterized by a mix of high-quality and questionable news sources, making it difficult for users to discern reliable information [11].

Highlights The Federal Trade Commission began laying out its landmark antitrust case against Meta Platforms in federal district court on Monday (April 14). The FTC asserted that Meta chose to acquire competitors like Instagram and WhatsApp rather than compete. The FTC began investigating Meta prior to the 2020 election and filed the lawsuit in December of that year. The Federal Trade Commission began laying out its landmark antitrust case against Meta Platforms in federal district court in Washi ...

This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Facebook CEO Mark Zuckerberg attends the inauguration of Donald Trump. Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US antitrust trial in which his social media juggernaut stands accused of abusing its market power to acquire Instagram and WhatsApp before they could become competitors. The star ...

CEO Mark Zuckerberg took the witness stand in the Federal Trade Commission’s antitrust trial, defending his company against the government’s claim that is an anti-competitive monopoly that has tried to eliminate rivals. In a blue suit and white blue tie, Zuckerberg carefully read through a series of emails and other documents as the government’s attorney grilled him on changes made to through the years. The FTC‘s attorney, Daniel Matheson, is trying to show that, despite changes across social media, Facebo ...

Meta will begin using content shared by adults in the European Union to train its artificial intelligence models after the European Data Protection Board said the company’s approach met its legal requirements.The company plans to train its AI using public content — including public posts and comments shared by adults on its products in the EU — and people’s questions, queries and other interactions with Meta AI, Meta said in a Monday (April 14) blog post.Meta will not use public data from account holders in ...

Core Insights - Meta will resume using publicly available content from European users to train its AI models, a process that was previously halted due to data privacy concerns raised by activists [2][3][4] - The AI training will utilize public posts and comments from adult users in the European Union, as well as interactions with Meta AI [3][5] - Meta's AI training efforts faced challenges due to strict EU data privacy laws, but a panel of EU privacy regulators confirmed that Meta's approach complies with legal obligations [4][5] Company Actions - Meta has launched its Meta AI assistant for European users, following its earlier rollout in the United States and other major markets [3] - The company will notify EU users about the AI training and provide a form for users to object to their data being used [5][6] - Meta emphasized that it will not use private messages for AI training and is following practices established by competitors like Google and OpenAI [5]

Facebook parent Meta Platforms faces a high-stakes trial in Washington starting on Monday on claims it built an illegal social media monopoly by spending billions of dollars to acquire Instagram and WhatsApp, in a case in which US antitrust enforcers seek to unwind the deals.The acquisitions more than a decade ago aimed to eliminate nascent competitors who could threaten Facebook’s status as the go-to social media platform for users to connect with friends and family, the US Federal Trade Commission claims. ...

Meta announced on Monday that it’s going to train its AI models on public content, such as posts and comments on Facebook and Instagram, in the EU after previously pausing its plans to do so in response to regulatory pressure due to to data privacy concerns. The company will start training its AI on users’ content in the EU this week, it said. Users’ interactions with Meta AI will also be used to train its models.The announcement comes after a limited version of Meta AI launched in the EU last month, well a ...

Meta Platforms (META) is leveraging AI to improve user engagement across its various platforms, including Facebook, Instagram, WhatsApp, Messenger and Threads. Last week, the company expanded AI features to its Ray-Ban Meta glasses in the United Kingdom. Meta Platforms hosts a data trove thanks to its more than 3.35 billion daily users. META’s staggering reach makes it one of the most important players in the digital advertising sales market, alongside Alphabet (GOOGL) and Snap (SNAP) . This is driving Meta ...