Facebook’s parent company, Meta, facing courtroom battle
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On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch correspondent Kelly O’Grady explains.
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Let this sink in. Artificial intelligence has been deemed a threat to multiple industries, and now, tattoo experts are saying it’s already left a scar on their industry. Several designers have copped to using AI software to create elaborate mock-up designs to be etched on humans — a task that used to be part of…
Technology 30 May 2024, 2:14 pm 1 minute Reuters exclusively reported that TikTok is working on a clone of its recommendation algorithm for its 170 million U.S. users that may result in a version that operates independently of its Chinese parent and be more palatable to American lawmakers who want to ban it. The story…
Meta has been fined €798m (£664m) for breaking competition law by embedding Facebook Marketplace within its social network. The European Commission said this meant alternative classified ads services had faced “unfair trading conditions”, making it harder for them to compete. In addition to the fine, it has ordered Meta to stop imposing these conditions on…
Getty Images Facebook and Instagram owner Meta is to introduce facial recognition technology to try and crack down on scammers who fraudulently use celebrities in adverts. Elon Musk and personal finance expert, Martin Lewis, are among those to fall victim to such scams, which typically promote investment schemes and crypto-currencies. Mr Lewis previously told the…
Story highlights The intuitive amphibious ICON A5 looks like a sports car It does require a sports pilot license to fly it Tampa, Florida CNN — When it comes to piloting a plane, I have zero experience. In fact, I’ve never even considered attempting it. Nevertheless, as we swoop over Florida’s Tampa Bay on a…
A Scottish children’s hospital charity has introduced a gamer in residence for young patients in Glasgow. The new job involves visiting children to play video games with them, preventing boredom and providing some light relief. Steven Mair, who was appointed by the Glasgow Children’s Hospital Charity, says gaming has already provided huge benefits to the…