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Meta chief Zuckerberg testifies at landmark US antitrust trial
TechXplore· 2025-04-14 20:20
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Facebook CEO Mark Zuckerberg attends the inauguration of Donald Trump. Meta chief and co-founder Mark Zuckerberg took the stand Monday in a landmark US antitrust trial in which his social media juggernaut stands accused of abusing its market power to acquire Instagram and WhatsApp before they could become competitors. The star ...
Mark Zuckerberg Takes Stand In Meta Antitrust Trial
Deadline· 2025-04-14 19:17
CEO Mark Zuckerberg took the witness stand in the Federal Trade Commission’s antitrust trial, defending his company against the government’s claim that is an anti-competitive monopoly that has tried to eliminate rivals. In a blue suit and white blue tie, Zuckerberg carefully read through a series of emails and other documents as the government’s attorney grilled him on changes made to through the years. The FTC‘s attorney, Daniel Matheson, is trying to show that, despite changes across social media, Facebo ...
Meta to Begin Training AI on User Data in EU
PYMNTS.com· 2025-04-14 17:30
Meta will begin using content shared by adults in the European Union to train its artificial intelligence models after the European Data Protection Board said the company’s approach met its legal requirements.The company plans to train its AI using public content — including public posts and comments shared by adults on its products in the EU — and people’s questions, queries and other interactions with Meta AI, Meta said in a Monday (April 14) blog post.Meta will not use public data from account holders in ...
Meta says it will resume AI training with public content from European users
TechXplore· 2025-04-14 17:30
Core Insights - Meta will resume using publicly available content from European users to train its AI models, a process that was previously halted due to data privacy concerns raised by activists [2][3][4] - The AI training will utilize public posts and comments from adult users in the European Union, as well as interactions with Meta AI [3][5] - Meta's AI training efforts faced challenges due to strict EU data privacy laws, but a panel of EU privacy regulators confirmed that Meta's approach complies with legal obligations [4][5] Company Actions - Meta has launched its Meta AI assistant for European users, following its earlier rollout in the United States and other major markets [3] - The company will notify EU users about the AI training and provide a form for users to object to their data being used [5][6] - Meta emphasized that it will not use private messages for AI training and is following practices established by competitors like Google and OpenAI [5]
Meta faces antitrust claims at trial over Instagram and WhatsApp ownership
The Guardian· 2025-04-14 15:22
Facebook parent Meta Platforms faces a high-stakes trial in Washington starting on Monday on claims it built an illegal social media monopoly by spending billions of dollars to acquire Instagram and WhatsApp, in a case in which US antitrust enforcers seek to unwind the deals.The acquisitions more than a decade ago aimed to eliminate nascent competitors who could threaten Facebook’s status as the go-to social media platform for users to connect with friends and family, the US Federal Trade Commission claims. ...
Meta to start training its AI models on public content in the EU
TechCrunch· 2025-04-14 15:03
Meta announced on Monday that it’s going to train its AI models on public content, such as posts and comments on Facebook and Instagram, in the EU after previously pausing its plans to do so in response to regulatory pressure due to to data privacy concerns. The company will start training its AI on users’ content in the EU this week, it said. Users’ interactions with Meta AI will also be used to train its models.The announcement comes after a limited version of Meta AI launched in the EU last month, well a ...
Can Meta Platforms' Expanding AI Focus Push the Stock Higher?
ZACKS· 2025-04-14 14:05
Meta Platforms (META) is leveraging AI to improve user engagement across its various platforms, including Facebook, Instagram, WhatsApp, Messenger and Threads. Last week, the company expanded AI features to its Ray-Ban Meta glasses in the United Kingdom. Meta Platforms hosts a data trove thanks to its more than 3.35 billion daily users. META’s staggering reach makes it one of the most important players in the digital advertising sales market, alongside Alphabet (GOOGL) and Snap (SNAP) . This is driving Meta ...
Meta's Antitrust Trial to Put Mark Zuckerberg, Serial Witness, to the Test Again
Nytimes· 2025-04-14 09:01
Seven years ago, Mark Zuckerberg, the chief executive of Meta, testified for the first time in Congress. After a two-week boot camp by his lawyers to prep him, he answered questions in three back-to-back-to-back hearings over two days in a baptism by fire.Mr. Zuckerberg, 40, has had even more practice since then. He has appeared before Congress eight times and testified in court at least twice, more than any of his peers at the biggest tech companies. He has defended his company, previously known as Faceboo ...
2 AI Stocks That Could Help Set You Up for Life
The Motley Fool· 2025-04-13 22:10
Market Overview - The stock market is currently experiencing volatility due to President Trump's tariffs on imports, raising concerns about corporate profits and the economy [1] - A 90-day pause on the initial tariff plan has been announced to allow for negotiations, but market volatility may continue until solutions are reached [1] Investment Opportunities - Despite market challenges, it is suggested that now is a good time to invest in high-quality companies as valuations are down [2] - Long-term holding of shares in these companies could lead to significant financial gains [2] Artificial Intelligence Sector - Companies in the artificial intelligence (AI) sector present strong buying opportunities as their stock prices have dropped recently, yet they are well-positioned for long-term growth [3] Nvidia - Nvidia is highlighted as a leading player in the AI space, known for its high-performance graphics processing units (GPUs) [4] - The company launched its new Blackwell architecture, generating $11 billion in revenue during its first quarter of commercialization due to high demand [4][6] - Nvidia's commitment to annual GPU updates and its expansion into quantum computing positions it favorably for future growth [5][6] - Currently trading at 23 times forward earnings estimates, Nvidia stock is considered a good investment opportunity [7] Meta Platforms - Meta Platforms, known for its popular social media applications, is also making significant investments in AI, aiming to integrate this technology into its core business [8] - The development of its large language model, Llama, is a key initiative, which is being created in an open-source manner to leverage external knowledge and talent [9] - Meta plans to monetize its AI investments by enhancing user engagement on its platforms, which could lead to increased advertising revenue [10] - Meta shares are currently trading at 21 times forward earnings estimates, presenting a low price point for potential long-term gains [11]
Stock Market Sell-Off: 2 Growth Stocks to Buy Hand Over Fist
The Motley Fool· 2025-04-13 09:52
Core Viewpoint - Market volatility presents an opportunity for long-term investors to acquire undervalued growth stocks, particularly in the context of companies like Meta Platforms and The Trade Desk Group 1: Meta Platforms - Meta Platforms is experiencing strong growth driven by investments in artificial intelligence (AI), trading at a reasonable 24 times earnings [2][4] - The company has over 700 million monthly active users engaging with its Meta AI assistant, with expectations to reach 1 billion by 2025 [3] - In the previous year, Meta earned $62 billion in net income on $164 billion in revenue, reflecting a 22% growth in the top line [4] - Analysts project a 16% annualized earnings growth for Meta in the coming years, suggesting potential returns for current investors [5] Group 2: The Trade Desk - The Trade Desk is a leading digital ad-buying platform benefiting from a growing digital advertising market valued at $800 billion [6] - Despite a recent revenue miss, the company's competitive position remains strong, presenting a buying opportunity for investors [6] - The Trade Desk's revenue grew 26% to $2.4 billion in 2024, with a profit margin of 16% [8] - The connected TV ad market, projected to reach $46 billion by 2026, represents a significant growth opportunity for The Trade Desk [8] - Analysts expect revenue growth of 18% this year, with the current share price around $50 seen as a bargain [9]