Tag: Meta
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A group representing TikTok, Meta and X sues Ohio over new law limiting kids’ use of social media
A trade group representing TikTok, Snapchat, Meta and other major tech companies sued Ohio on Friday over a pending law that requires children to get parental consent to use social media apps. The law was part of an $86.1 billion state budget bill that Republican Gov. Mike DeWine signed into law in July. It’s set…
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Mark Zuckerberg sold nearly half a billion dollars of Meta stock in last two months
Mark Zuckerberg sold nearly half a billion dollars of Meta Platforms Inc. shares in the final two months of 2023 after a two-year hiatus in which the company’s stock price hit its lowest in seven years. The Meta chief executive sold shares on every trading day between Nov. 1 and the end of the year,…
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Meta, Google may lock horns over age-gating, consent norms
Social media and internet giants Google and Meta are headed for a clash in India over the critical issue of age verification and consent management for young internet users below 18.Meta is likely to propose to the Indian government that the best solution to implement age-gating and subsequent consent management architecture for the parents of…
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WSJ News Exclusive | Meta Starts Fully Encrypting Messages on Facebook and Messenger App
Updated Dec. 6, 2023 10:42 pm ET Meta Platforms said it has started fully encrypting messages on Facebook by default, moving ahead with a privacy measure that government officials and others have warned could hide illegal activity by child predators and other criminals. The social-media giant starting this week is automatically shifting Facebook users to…
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Meta updates political advertising rules to cover AI-generated images and videos
Meta revealed on Tuesday more details about its policies on political ads, including a mandate that advertisers disclose when they use artificial intelligence to alter images and videos in certain political ads. Nick Clegg, Meta’s president of global affairs, explained the new ad policies in a blog post, characterizing them as “broadly consistent” with how…
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Sheryl Sandberg set to leave Meta board, will become adviser
Former Meta chief operating officer Sheryl Sandberg announced Wednesday that she will step down from the company’s Board of Directors this year, shifting roles to an internal adviser. Sandberg, who served as the company’s COO from 2008 to 2022, is leaving to focus on philanthropic work, but will remain on the board to “help ensure…
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Amazon, Microsoft, Meta and others accused by rivals of not respecting new EU competition rules
The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone with an EU flag shown in the background. Justin Tallis | AFP via Getty Images A raft of major technology and media companies have signed an open letter accusing tech giants of failing to bring their businesses into full compliance with…