Meta is still burning money on AR/VR

Meta is losing billions on Reality Labs each quarter, and its AI expenditures are only going to increase its spending.

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Meta isn’t doing enough to keep kids off Facebook and Instagram, rules EU
Meta isn’t doing enough to keep kids off Facebook and Instagram, rules EU

Meta is breaching Europe’s Digital Services Act (DSA) rules by failing to prevent children under 13 from using Facebook and Instagram, according to a preliminary decision issued by the European Commission. The Commission announced the ruling on Wednesday after an almost two-year investigation, saying that Meta doesn’t have adequate measures in place to stop under-13s […]

Meta found in breach of EU law for failing to keep children off Facebook and Instagram
Meta found in breach of EU law for failing to keep children off Facebook and Instagram

The European Commission has issued preliminary findings that Meta has violated DSA obligations requiring it to prevent underage children from accessing its platforms, a charge previously levelled only at adult content sites. The European Commission has…

It’s primetime for conspiracy theorist video creators
It’s primetime for conspiracy theorist video creators

In the days since this year’s White House Correspondents’ Dinner was cut short when shots were fired at the event, there has been a boom of conspiracy theory videos created by people who insist that the entire situation was a false flag operation. These kinds of theories are nothing new, but the way they’re spreading […]

James Comey indicted over Instagram seashell photo that allegedly threatened Trump
James Comey indicted over Instagram seashell photo that allegedly threatened Trump

The US Department of Justice has once again indicted James Comey – this time, for an alleged threat the former FBI director made toward President Donald Trump on Instagram, as reported earlier by CNN. In its indictment, filed in a North Carolina federal court on Tuesday, the DOJ cites the now-deleted image Comey posted to […]

Meta prepares to unwind its $2 billion Manus acquisition after China’s block
Meta prepares to unwind its $2 billion Manus acquisition after China’s block

Meta is preparing to unwind its approximately $2 billion acquisition of the agentic AI startup Manus after China’s National Development and Reform Commission formally ordered the deal’s cancellation on Monday, the Wall Street Journal reported, citing p…

Meta’s latest outrageous deal is getting solar power beamed even at night from satellites

Meta has agreed to source power from a fleet of 1,000 space-based satellites, which will collect sunlight in geosynchronous orbit and beam it as infrared light to solar farms on the ground.

China vetoes Meta’s $2B Manus deal after months-long probe

China has ordered Meta to unwind its multibillion-dollar Manus acquisition, dealing a potential setback to Zuckerberg’s push into AI agents.

Meta signs a deal to beam solar energy from space to its AI data centres
Meta signs a deal to beam solar energy from space to its AI data centres

Overview’s satellites will collect sunlight continuously in geosynchronous orbit and beam it as near-infrared light to existing ground solar installations, which convert it to electricity. The approach extends solar farm output through the night withou…