META

Meta Platforms' Facebook and Instagram have failed to tackle deceptive advertising and disinformation in the run-up to European Parliament elections, the European Commission said on Tuesday as it opened an investigation into suspected breaches of EU online content rules.

Facebook and Instagram parent company Meta has said its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6 percent increase on the average price of ads on its platforms.

But its shares dropped sharply in after-hours trading following lukewarm revenue guidance.

Meta on Thursday introduced an improved AI assistant built on new versions of its open-source Llama large language model.

Meta AI is smarter and faster due to advances in the publicly available Llama 3, the tech titan said in a blog post.

Facebook parent company Meta said on April 15 it would "temporarily" shut down its Threads short-messaging service in Türkiye from April 29 after an order from Ankara's competition watchdog over data-sharing.

Social media influencers have embraced artificial intelligence to spice up their content but they are also facing growing competition from AI-generated Instagramers, TikTokers and YouTubers.

Facebook and Instagram giant Meta on Friday said it will begin labeling AI-generated media beginning in May, as it tries to reassure users and governments over the risks of deepfakes.

Google, Amazon, Meta, and Apple are among the tech giants slated to convene in Sofia for a landmark event in 2025. The prestigious Real World Crypto Symposium (RWC), a gathering of over 1,000 representatives from the world's top technological entities, will be hosted by the INSAIT Institute at Sofia University "St.

The U.S. Department of Justice has sued Apple, accusing the tech giant of illegally maintaining a monopoly for its iPhone by stifling competition and imposing exorbitant costs on consumers.

The lawsuit, also brought by multiple U.S. states, said Apple raked in hundreds of billions of dollars by allegedly making it difficult for consumers to switch to cheaper smartphones and devices.

Türkiye's competition board has taken decisive action against tech giant Meta, issuing a temporary injunction over concerns related to data sharing practices between its Instagram and Threads platforms.

Tests on generative AI tools found some continue to allow the creation of deceptive images related to political candidates and voting, an NGO warned in a report Wednesday, amid a busy year of high-stake elections around the world.