Dina Powell McCormick, ex-Trump advisor, is appointed President of Meta, focusing on strategic AI investments and government partnerships.
Read moreMeta's CEO Mark Zuckerberg plans significant budget cuts to the metaverse project, reflecting ongoing financial losses and a shift towards AI technologies.
Read moreMeta has commenced the removal of users under 16 from its platforms in Australia, aligning with a forthcoming social media ban aimed at protecting children.
Read moreNvidia's market value has been significantly affected as Meta Platforms considers using Google's AI chips, raising competition fears in the tech industry.
Read moreAustralian teens under 16 will lose access to Instagram and Facebook as Meta complies with new age restriction laws by December 10.
Read moreEU claims Meta and TikTok violated digital content rules, prompting potential fines and stricter regulations.
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