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Meta is a technology company that operates social platforms including Facebook, Instagram, WhatsApp, and Horizon.
… This is a course correction, according to Meta’s chief financial officer Susan Li, who said in the investor call that Meta had “underestimated our compute demand in the past.” Meta’s revenue also experienced its fastest growth since 2021, increasing by 33 percent, from $42.3 billion this time last … …
… Torrez says in a statement that Meta’s resistance to his proposed changes simply shows its lack of willingness. “Meta’s refusal to follow the laws that protect our kids tells you everything you need to know about this company and the character of its leaders,” Torrez says. “We know Meta has the abi… …
According to Reuters, Meta filed to ask a judge to toss out the jury’s March verdict, which found that Meta and YouTube were negligent. Meta had said at the time of the ruling that it planned to appeal. …
… Link: Meta sues Ofcom over fines regime for breaches of Online Safety Act | https://www.theguardian.com/technology/2026/may/07/meta-sues-ofcom-over-fines-regime-for-breaches-of-online-safety-act | the Guardian
… Several authors have already sued Meta for alleged copyright infringement, which brought to light the company’s internal discussions about how to handle “media coverage suggesting we have used a dataset we know to be pirated.” Last year, a federal judge ruled in favor of Meta in one of these lawsui… …
… If Meta fails to do so and is hit with a non-compliance ruling, it risks fines of up to six percent of its global annual turnover. That could be as high as $12 billion, given Meta’s reported revenue of $201 billion for 2025. …
… Any accounts users currently have connected in Meta’s Account Center will automatically transfer to the new Meta Account that’s rolling out “over the next year.” Image: https://platform.theverge.com/wp-content/uploads/sites/2/2026/04/02 A-Central-Place-for-Settings Carousel-01.jpg?quality=90&strip=…
… Meta points to this potential issue in its argument against Torrez’s proposed remedies. “Regardless of where the accuracy threshold is set, Meta would never be able to prove that the system met that standard, because doing the calculation would require that Meta detect 100% of CSAM to use as the de… …
… Link: Meta Is Building an AI Agent Called ‘Hatch’ and an AI Shopping Tool in Instagram | https://www.theinformation.com/articles/meta-building-ai-agent-called-hatch-agentic-shopping-tool-instagram | The Information
… Meta’s chatbot referenced posts from a couple of Magic groups I’m in and gave generally sound advice, with suggestions for groups in my area of New Jersey. …
