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The 10 richest people in the world lose $66 billion in a day
The billionaires behind Tesla, Alphabet, Meta, LVMH and more saw their fortunes plunge in the billions on Wednesday following a rash of earnings reports that disappointed investors.
The billionaires behind Tesla, Alphabet, Meta, LVMH and more saw their fortunes plunge in the billions on Wednesday following a rash of earnings reports that disappointed investors.
The lawsuit was brought by a software engineer who alleged he was not hired by the tech giant because he was a U.S. citizen.
In an interview with the Financial Times, Meta’s AI chief Yann LeCun said a “world modeling” approach could reach human levels of intelligence, but cautioned this was still around a decade away.
Unlike major competitors including Google’s Gemini and OpenAI’s ChatGPT, Meta’s Llama 3 model is open source and the AI assistant it powers has previously been locked inside the company’s app ecosystem, which includes Facebook and Instagram.
The open letter from hundreds of creators comes as content creators have voiced concern about Meta’s new policy.
Shares of Facebook and Instagram parent company Meta tanked on Monday, suffering their worst day on Wall Street in nearly eight months on the heels of former President Donald Trump’s scathing review of Facebook as the “enemy of the people,” as the former president looks to bolster his rival social media platform.
Meta, the parent company of Facebook, has announced it will cease payments to Australian news publishers, effectively ending its financial agreements when they expire later this year.
The Meta Oversight Board has upheld the company’s decision to leave up manipulated video of US President Joe Biden that claims he is a pedophile.
Disinformation Expert Joan Donovan claims that Harvard University dismantled her team of online disinformation experts after receiving a $500 million pledge from a foundation run by Mark Zuckerburg.
Meta is suing the Federal Trade Commission, claiming the agency’s in-house courts are unconstitutional and violate due process protections, a bid that also aims to stop the FTC from making blanket changes to a 2020 privacy violation settlement that would further restrictions on Meta’s data monetization practices.