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Tag: Mark Zuckerberg

  • Instagram Has Massive Child Exploitation Problem But No Arrest For Zuckerberg: Musk | Economy News

    New Delhi: Tesla and SpaceX CEO Elon Musk on Sunday came out in support of Telegram Founder Pavel Durov, saying Mark Zuckerberg should instead be arrested for “massive child exploitation” problem on his Meta-owned Instagram. The billionaire reacted after Russian-born Pavel Durov, founder and owner of the popular encrypted messaging app Telegram, was arrested in France over numerous charges related to his platform, and faces up to 20 years in prison if convicted.

    Musk said that Meta Founder March Zuckerberg has “already caved into censorship pressure”. “Instagram has a massive child exploitation problem, but no arrest for Zuck, as he censors free speech and gives governments backdoor access to user data,” the X owner posted.

    Because he already caved into censorship pressure.

    Instagram has a massive child exploitation problem, but no arrest for Zuck, as he censors free speech and gives governments backdoor access to user data. https://t.co/RTTGIaD0gA https://t.co/iPb5NIxIJN
    — Elon Musk (@elonmusk) August 25, 2024

    He further said that “It’s 2030 in Europe and you’re being executed for liking a meme”. “It is vital to the support of free speech that you forward X posts to people you know, especially in censorship-heavy countries,” the tech billionaire mentioned. In February this year, Zuckerberg apologised to the families of victims of online child sex abuse during a Senate hearing on Capitol Hill.

    POV: It’s 2030 in Europe and you’re being executed for liking a meme https://t.co/OkZ6YS3u2P


    — Elon Musk (@elonmusk) August 24, 2024

    The billionaire entrepreneur told parents that “I’m sorry for everything you have all been through. No one should go through the things that your families have suffered”. “And this is why we invest so much and we are going to continue doing industry-wide efforts to make sure no one has to go through the things your families have had to suffer,” he added.

    In May this year, Musk said that Zuckerberg-run Meta is “super greedy” at taking credit for advertisers who run campaigns on its platform. The X owner replied that “we are terrible at claiming credit, and Meta is super greedy at claiming credit.”

    The rivalry between Musk and Zuckerberg is well known. They were apparently set for a “cage fight’ some time back — dubbed as the fight of the century. However, the much-anticipated showdown between the duo was cancelled.

  • Meta Expands AI Chatbot Capabilities With Support For 7 New Languages, Including Hindi; Unveils Llama 3.1 Model |

    New Delhi: Meta CEO Mark Zuckerberg has introduced a major upgrade for the company’s artificial intelligence (AI) chatbot, Meta AI, across Facebook, Instagram, Messenger, and Threads.

    This AI chatbot is now available in seven new languages, including Hindi and Hindi-Romanized Script (or Hinglish). Users can also interact with Meta AI in new languages, including French, German, Hindi, Hindi-Romanized Script, Italian, Portuguese, and Spanish, with more to come.

    The company took this step a month after Meta rolled out its AI chatbot in India, escalating the AI ​​chatbot race with rivals OpenAI’s ChatGPT, Google’s Gemini, and Microsoft’s Copilot.

    Meta AI, first introduced in September 2023 as part of the social networking giant’s big push into generative AI, is currently available in 22 countries.

    “Meta AI is on track to reach our goal of becoming the most used AI assistant by the end of this year. There are hundreds of millions of people using it already, and we keep making it smarter and freely available in more countries,” Meta chief executive Mark Zuckerberg said in a video clip on Instagram on July 23.


    Furthermore, the Facebook parent company Meta is introducing new creative tools that enable people to create AI-generated images of themselves in any place, era, or style of their interest.

    The company is also launching a new “Edit with AI” button next month that will allow users to further fine-tune the AI-generated images. Meta AI’s upgrade has expanded new creative editing capabilities. You can easily add or remove objects, change them, and edit them — adjusting just what you want while keeping the rest of the image as it was.

    New Llama 3.1 Launch

    A significant expansion of its Meta AI capabilities coincides with the social networking giant releasing Llama 3.1. It is the latest version of its open-source large language model, three months after the release of Llama 3.

    The new model will be available on all major clouds, including AWS, Azure, Google, Oracle, and more. The new Llama 3.1 model will be available in three variants: a larger model with 405 billion parameters, along with updated versions of the existing 8 billion and 70 billion models.

  • Elon Musk Gets Richer Than Mark Zuckerberg As Meta CEO Suffers $18 Billion Loss

    Earlier this month, the two billionaires switched positions when it was reported that Tesla’s car sales had declined in the three months through March.

  • Mark Zuckerberg’s Meta Deploys 40K Team to Secure Global Elections Online |

    New Delhi: Meta, which offers popular apps like Facebook, WhatsApp, and Instagram, has said that as global elections continue to dominate headlines in 2024, no tech company is investing more to protect elections online than the social media giant.

    The company said that currently; it has more than 40,000 people working on safeguarding elections online worldwide. The social media giant claimed that it has invested more than $20 billion so far in building teams and technology to protect elections online.

    General elections will be held in South Africa on May 29 this year. “As the election approaches, we’ll activate a South Africa-specific Elections Operations Center to identify potential threats and put mitigations in place in real-time,” Meta said in a statement. (Also Read: Elon Musk Set To Meet PM Modi In New Delhi: Know Why Tesla Is Keen On India Entry?)

    The company said it has the largest fact-checking network with partners in South Africa, fact-checking in English, Afrikaans, Zulu, Sotho, and Setswana languages. “We have been working directly with the Electoral Commission of South Africa (IEC) to help prepare for the elections,” the company informed.

    The company said it has made it easier for its fact-checking partners in South Africa to “find and rate content related to the elections”. “We’ll use keyword detection to group related content in one place, making it easy for fact-checkers to find.” (Also Read: Apple Simplifies iPhone Self-Repair For Consumers; Read Details)

    Before the election day, Meta will launch its ‘Voter Information Unit’ and ‘Election Day Reminder’ features on both the Facebook and Instagram platforms.

  • Zuckerberg Courts Google Deepmind Engineers For Meta: Report |

    New Delhi: Meta, the parent company of Facebook, is making significant strides in bolstering its artificial intelligence (AI) capabilities. CEO Mark Zuckerberg is reportedly taking a hands-on approach, personally reaching out to experts from rival companies like Google’s DeepMind to join Meta’s AI endeavors.

    Direct Recruitment

    Sources familiar with the matter reveal that Zuckerberg has been sending direct emails to researchers, urging them to switch sides. Meta is also said to be offering jobs without formal interviews and negotiating salaries and incentives to attract top talent, according to reports from The Information. (Also Read: Good News For MGNREGA Employees! Center Announces Pay Hike: Check State-Wise Wages Here)

    Video Recommendations

    Meta’s AI ambitions are centered around revolutionizing its platform’s video recommendations. Tom Alison, head of Facebook, disclosed Meta’s plan to consolidate recommendation systems into a single powerful AI model. (Also Read: Big Blow To Home Loan Borrowers! HDFC Bank Raises Lending Rates To 9.8%)

    Consolidation Of AI Models

    Previously, Meta used different AI models for various features like Reels, Groups, and Feed. However, the company is now experimenting with more advanced AI methods to bring all recommendations under one system.

    Chip Shortage

    Despite Meta’s ambitious AI plans, the company faces challenges due to a shortage of computer chips. Meta has been a significant buyer of Nvidia’s H100 chips, having spent $4.5 billion in 2023.

    However, with the release of Nvidia’s new Blackwell (or B200) chip, demand has surged, leading to delays in shipments. Meta anticipates waiting until 2025 for shipments, exacerbating their chip shortage predicament.

  • WhatsApp Introduces Enhanced Pinning Feature For Messages

    Users can pin various types of content, including text, images, or even polls created within WhatsApp.

  • Meta CEO Mark Zuckerberg Tries Apple Vision Pro, Shares Video On Instagram |

    New Delhi: Meta Founder and CEO Mark Zuckerberg tried Apple’s mixed reality (MR) headset, Vision Pro, and said on Wednesday that his company’s Quest 3 AR/VR headset is a better product, less expensive, and more immersive. Zuckerberg shared a video on the social media platform Instagram and said that Quest 3 is seven times less expensive.

    “Quest provides better value and is the better product. Period. Overall, Quest is better for the vast majority of things that people use mixed reality for,” he mentioned. He said that Quest 3 weighs 120 grams less, making it more comfortable to wear for longer periods. Zuckerberg said it allows for greater motion due to its lack of a wired battery pack and wider field of view than Apple Vision Pro. (Also Read: OpenAI’s ChatGPT Is Testing New ‘Memory’ Feature With Select Users)

    “I also noticed that Apple’s headset has motion blur as you move around while Quest is just a lot crisper. Vision Pro’s screen does have a higher resolution, and that’s really nice,” the Meta CEO mentioned.


    But he was “surprised by how many trade-offs” Apple had to make to the quality of the device, the comfort, ergonomics, and other aspects of the display in order to achieve that level of input.

    “Quest supports precision controllers that are great for games. Both headsets support hand tracking. Apple’s eye tracking is really nice. We actually had those sensors back in Quest Pro, we took them out for Quest 3, and we’re going to bring them. back in the future,” said Zuckerberg.

    “Honestly, I’m surprised that Quest is so much better for the vast majority of things that people use these headsets for, given that price difference,” he mentioned. Apple Vision Pro costs $3,499, while Meta’s Quest 3 starts from $499.99 for the 128GB model. (Also Read: Google Meet Rolls Out ‘Companion Mode’ Feature On Android, iOS Devices)

    At the end of the video, Zuckerberg thanked his team which has been building VR headsets for a very long time.

  • Meta Testing New ‘Trending Topics’ Feature On X Rival Threads |

    New Delhi: Meta’s Founder and CEO, Mark Zuckerberg, has unveiled that the company is currently experimenting with a new feature for Threads known as “Trending Topics.” This feature aims to provide users with insights into the popular conversations happening on the platform. The initial testing phase of this feature is being rolled out to users in the US, with plans for a broader launch in other countries and languages ​​once it’s refined.

    In a Threads post, Zuckerberg stated, “We’re launching a limited test of today’s top topics on Threads in the US. We plan to expand its availability to more regions and languages ​​as we refine its performance.” Additionally, Meta has indicated that this feature will highlight current discussions and will be visible in searches as well as within the For You feed of the app. (Also Read: Elon Musk-owned X Will Allow Advertisers To Only Run Ads On Selected Profiles)

    Adam Mosseri, head of Instagram, confirmed the testing of the “Trending Topics” feature on Threads, explaining, “The topics showcased on Threads today will be accessible through the search page and the For You feed. Our AI systems determine these topics based on real-time engagement within Threads.”

    Mosseri further elaborated, “While our AI systems select the topics, our content specialists will review them to ensure they are relevant and non-duplicative. We aim for these topics to accurately reflect the current trends on Threads, including political discussions.”

    Meanwhile, Meta has clarified its stance on political content, stating that it won’t actively suggest political content by default to users on Instagram and Threads. (Also Read: Redmi Buds 5 Launched In India With Hybrid Noise Cancellation; Check Price, Specs, And Availability)

    Threads, Meta’s text-based platform rivaling Twitter, is seamlessly integrated with Instagram, allowing users to sign up using their Instagram credentials.

  • Meta to file third-quarter profits after the bell

    Mark Zuckerberg, CEO of Meta, attends a U.S. Senate bipartisan Synthetic Intelligence Perception Discussion board on the U.S. Capitol in Washington, D.C., Sept. 13, 2023.

    Stefani Reynolds | AFP | Getty Photographs

    Meta is ready to file third-quarter profits after the bell Wednesday.

    Listed here are the important thing numbers Wall Boulevard shall be staring at:

    Income: $3.63 in keeping with proportion anticipated via analysts, in keeping with LESG, previously referred to as RefinitivRevenue: $33.56 billion anticipated via analysts, in keeping with LESG

    Buyers may also be eager about consumer numbers:

    Day by day lively customers (DAUs): 2.07 billion anticipated, in keeping with StreetAccountMonthly lively customers (MAUs): 3.05 billion anticipated, in keeping with StreetAccountAverage income in keeping with consumer (ARPU): $11.05 anticipated, in keeping with StreetAccount

    Following a brutal 2022 for Meta, throughout which year-over-year advert income shrank for 3 consecutive quarters, expansion is in the end returning. The corporate is predicted to turn expansion of 21% within the 0.33 quarter after gross sales larger 11% within the prior length.

    Up to now in 2023, Meta has weathered the difficult virtual promoting marketplace higher than smaller social media competitors like Snap, X (previously referred to as Twitter) and Pinterest. Meta’s inventory value has jumped about 160% this yr after plunging via virtually two-thirds in 2022.

    Together with its ad-based competition, Meta remains to be seeking to get well from Apple’s 2021 iOS privateness replace, which made it harder for firms to trace customers around the web, hurting their web advertising companies.

    Meta seems to be the furthest alongside in relation to bettering the effectiveness of its on-line advert platform following Apple’s adjustments. The corporate has pointed to its hefty investments in synthetic intelligence as a key generation that is helped Meta land shops having a look to serve shoppers centered promotions.

    However Meta’s proceeding turnaround faces a couple of hurdles. Particularly, on Tuesday a bipartisan workforce of 42 lawyers common sued the corporate over allegations that its merchandise hurt the psychological well-being of kids and youths.

    Susan Li, Meta’s leader monetary officer, mentioned closing quarter that the corporate continues “to peer expanding felony and regulatory headwinds within the EU and the U.S. that might considerably have an effect on our trade and our monetary effects.” Newly enacted law referred to as the Virtual Products and services Act from the Ecu Fee, the chief frame of the EU, may lead to fines totaling up to 6% of annual gross sales.

    Meta, X and others will have to adhere to the DSA via doing away with unlawful content material and detailing how they are doing it. That is some extent the Ecu Fee lately reiterated because of the deluge of incorrect information and violent content material that is been spreading tied to the escalation of the Center East war.

    Buyers also are involved that the Israel-Hamas conflict may result in some other pullback in promoting spending, very similar to how companies iced over some promotions after Russia invaded Ukraine.

    Snap mentioned in its third-quarter profits file that it has “noticed pauses in spending from a lot of basically brand-oriented promoting campaigns straight away following the onset of the conflict within the Center East.”

    Some other chronic problem for Meta is the amount of cash it is burning to construct out the metaverse, which CEO Mark Zuckerberg has mentioned would be the corporate’s long run. Truth Labs, the department that properties the corporate’s digital truth headsets and metaverse tool, has misplaced greater than $21 billion because the get started of closing yr, and analysts expect an running loss within the 0.33 quarter of $3.9 billion.

    WATCH: Legal professional generals across the nation report lawsuit in opposition to Meta over addictive options.

  • VCs Marc Andreessen, John Doerr amongst amongst attendees at Schumer’s subsequent AI discussion board

    Andreesen Horowitz spouse Marc Andreesen speaks all through the Fortune World Discussion board.

    Justin Sullivan | Getty Photographs Information | Getty Photographs

    Technologists and advocates are once more set to talk over with Capitol Hill on Tuesday to speak about with Senate leaders the perils and guarantees of synthetic intelligence.

    Challenge capitalists Marc Andreessen, co-founder and common spouse of Andreessen Horowitz, and John Doerr, chairman of Kleiner Perkins, can be a number of the 21 attendees at the second one AI Insights Discussion board hosted through Senate Majority Chief Chuck Schumer, D-N.Y, in keeping with a spokesperson for his place of job.

    The consultation is a continuation of the Majority Chief’s effort to get the chamber up to the mark on AI to resolve how very best to way AI law. And it is going to most likely come with very other viewpoints on what the federal government’s position will have to be in regulating AI.

    Andreessen not too long ago shared his viewpoint on AI in what he known as “The Techno-Optimist Manifesto.”

    “We consider any deceleration of AI will price lives,” he wrote within the weblog publish. “Deaths that have been preventable through the AI that was once averted from present is a type of homicide.”

    Whilst that concept would possibly resonate with some lawmakers, particularly in terms of ultimate aggressive towards China on AI, others provide at Tuesday’s dialogue will most likely really feel in a different way.

    For instance, Long term of Lifestyles Institute President Max Tegmark may be set to wait. The Long term of Lifestyles Institute spearheaded the letter signed through Tesla and House X CEO Elon Musk and different tech leaders calling for a pause on AI building in order that suitable protection measures might be installed position.

    Different tech leaders like Micron Government Vice President Manish Bhatia, Revolution CEO Steve Case, Stripe CEO Patrick Collison and Cohere CEO Aidan Gomez can be in attendance. Lecturers and civil society leaders may also sign up for the dialogue, which can heart on innovation and discover how the federal government can stability maintaining a number one place in AI whilst making sure its protection, in keeping with Schumer’s place of job.

    Advocates slated to wait come with NAACP President and CEO Derrick Johnson and AFL-CIO Generation Institute Director Amanda Ballantyne.

    The primary AI Innovation Discussion board in September, which was once closed to the click, featured Musk, Microsoft CEO Satya Nadella, former Microsoft CEO Invoice Gates, Meta CEO Mark Zuckerberg, Google CEO Sundar Pichai, OpenAI CEO Sam Altman.

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