Category: meta

Bill to Ban China From Buying US Farmland

The United States is dishing out another blow to China, this time for its ambitions on U.S. soil. Lawmakers have introduced a new House bill that, if passed, would ban China and other adversaries from purchasing American farmland. The measure echoes another bill revealed just last week in the Senate, with a similar goal. But…


Facebook, Instagram Threaten to Restrict or Ban Project Veritas

Facebook and Instagram have threatened to restrict or ban Project Veritas from their platforms, both owned by Meta, after a journalist confronted a senior YouTube official about the removal of a video about Pfizer’s COVID-19 vaccines. On Friday, the nonprofit journalism organization Project Veritas published footage that appears to show one of its reporters confronting YouTube’s…


LIVE 5 PM ET: NTD Business (Feb. 2): Does ChatGPT Have a Left-Leaning Bias?; Meta Shares Soar on Cost Cuts, Stock Buyback

Internet users feel that AI chatbot ChatGPT has a left-leaning bias. As AI gets more powerful and more widespread, such a bias could impact society. ChatGPT denies the allegations. Meta stock soaring after the company’s earnings call. We look at possible reasons for the spike and what Mark Zuckerberg is planning for the company. A new Biden administration…


NTD Business (Feb. 2): Does ChatGPT Have a Left-Leaning Bias?; Meta Shares Soar on Cost Cuts, Stock Buyback

Internet users feel that AI chatbot ChatGPT has a left-leaning bias. As AI gets more powerful and more widespread, such a bias could impact society. ChatGPT denies the allegations. Meta stock is soaring after the company’s earnings call. We look at possible reasons for the spike and what Mark Zuckerberg is planning for the company. A new…


Meta Stuns Street With Lower Costs, Big Buyback, Upbeat Sales

Meta Platforms Inc.’s stricter cost controls this year and a new $40 billion share buyback sent shares soaring on Wednesday, as CEO Mark Zuckerberg called 2023 the “Year of Efficiency.” The parent of Instagram and Facebook, which has fallen on hard times amid a broad post-pandemic slump in digital ads, is focused on improving its…


Schiff, Whitehouse Decry Meta Decision to Reinstate Trump

Rep. Adam Schiff (D-Calif.) and Sen. Sheldon Whitehouse (D-R.I.) on Jan. 30 sent a letter to Meta urging the tech giant to reverse its decision to reinstate President Donald Trump to Facebook. Trump was initially removed from Meta’s social media platforms Facebook and Instagram in January 2021 following the Capitol breach. At the time, Meta…


ACLU Backs Trump’s Reinstatement on Facebook: ‘This Is the Right Call’

The American Civil Liberties Union (ACLU) defended Meta’s decision to allow former President Donald Trump back on Facebook and Instagram, saying that it is appropriate for the public to have wider access to messaging from one of the most popular political candidates in the country. “This is the right call. Like it or not, President…


Home Depot Gave Personal Data to Meta Without Valid Customer Consent: Watchdog

The federal privacy watchdog says Home Depot shared details from electronic receipts with Meta, which operates the Facebook social media platform, without the knowledge or consent of customers. In a report today, privacy commissioner Philippe Dufresne says the data included encoded email addresses and in-store purchase information. The commissioner’s investigation found that the information sent…


Shopify Memo Instructs Employees to Cancel Meetings for at Least 2 Weeks

Tech giant Shopify announced in a memo sent to employees on Jan. 3 that all staff were to cancel the majority of meetings for at least a two-week period. “No one joined Shopify to sit in meetings,” wrote Kaz Nejatian, vice president of product and chief operating officer at the company, in the memo Shopify…


Heritage Minister Says Facebook Is Intimidating Canadians With Threats to Pull News From Platform

Federal Heritage Minister Pablo Rodriguez accused Meta on Thursday of trying to intimidate Canadians with threats of pulling news content from its Facebook platform, following the adoption of Bill C-18 in the House of Commons. “Canadians don’t like being intimidated,” Rodriguez told reporters in Ottawa. “Me, if I were Facebook, I would change my strategy….