Tag Archives: Meta

Meta Hires Two Key Apple AI Experts After Poaching Their Boss  Bloomberg.com Another High-Profile OpenAI Researcher Departs for Meta  WIRED Mark Zuckerberg says AI researchers want 2 things apart from money  Business Insider Meta hires two Apple AI researchers after poaching their boss, Bloomberg reports  Reuters Mark Zuckerberg on techies joining Meta for big salaries: LoL, that’s mostly …  The Times of India Source link

Mark Zuckerberg has agreed to settle a multibillion dollar lawsuit with a group of shareholders over how top executives at Meta handled repeated privacy violations by Facebook. The shareholders were seeking $8bn (£6bn) in damages. It is unclear how much they agreed to settle for. The settlement was announced on Thursday by a lawyer for the shareholders, just before the …

Mark Zuckerberg, CEO of Meta, testifies during the Senate Judiciary Committee hearing titled “Big Tech and the Online Child Sexual Exploitation Crisis,” in the Dirksen building on Jan. 31, 2024. Tom Williams | CQ-Roll Call, Inc. | Getty Images Mark Zuckerberg and current and former directors and officers of Meta Platforms agreed on Thursday to settle claims seeking $8 billion …

Meta investors, Zuckerberg reach settlement to end $8 billion trial over Facebook privacy litigation  Reuters Meta Investors Settle Lawsuit With Zuckerberg, Company Officials  Bloomberg.com Meta investors, Zuckerberg reach settlement to end trial over Facebook privacy litigation  Yahoo Finance Trial begins against Meta CEO Mark Zuckerberg, others over alleged Facebook privacy violations  CBS News Former Biden chief of staff testifies during $8B Facebook privacy lawsuit …

WILMINGTON, Del. (AP) — An $8 billion class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders — current and former — began Wednesday, with claims stemming from the 2018 privacy scandal involving the Cambridge Analytica political consulting firm. Investors allege in their lawsuit that Meta did not fully disclose the risks that Facebook users’ personal information would …

SF tech startup lays off 200 a month after Meta poaches CEO  SFGATE Scale AI cuts 14% of workforce after Meta investment, hiring of founder Wang  CNBC Scale AI just got hit by a major restructuring in the wake of its blockbuster Meta deal  Business Insider Scale AI to Cut 14% of Staff Following Meta Investment  Bloomberg.com Scale AI Lays Off 14% of Staff …

We may earn a commission from links on this page. As a devotee of Meta Ray-Ban smart glasses (seriously, I love the things), I’ve been squinting at every leak and offhand Zuckerberg comment to try to figure out what’s coming next—though not all developments are equal. The Meta Oakley smart glasses, which are currently available to preorder, will have a …

Mark Zuckerberg proclaimed that Meta would spend hundreds of billions of dollars on developing artificial intelligence products in the near future and, to that end, construct a data center planned to be nearly the size of Manhattan. The parent company of Facebook, Instagram and WhatsApp is among the large tech companies that have struck high-profile deals, and doled out multimillion-dollar …

Scale AI just laid off approximately 200 full-time employees (14% of its 1,400-person workforce) and 500 contractors, according to the company. This comes after Meta invested $14 billion into Scale AI last month as part of a blockbuster AI deal that included the hiring of Scale’s ex-CEO, Alexandr Wang, to lead its new Superintelligence group and the purchase of equity in almost …

Mark Zuckerberg is slated to make yet another high-stakes courtroom appearance this week as shareholders seek to hold him accountable for the more than $8 billion that Meta has spent to settle lawsuits over privacy violations.  The trial, set to begin Wednesday in Delaware’s Court of Chancery, aims to hold Zuckerberg, former Meta COO Sheryl Sandberg and other former executives …