TOPIC

/ company

Meta Platforms

The latest news, analysis and opinion on Meta Platforms. In-depth analysis, industry insights and expert opinion.

Chairman / President

Mark Zuckerberg

CEO / Managing Director

Mark Zuckerberg

CFO / Finance Director

Susan Li

Industry

Technology, Social Media

Website

meta.com

Headquarters address

1 Hacker Way, Menlo Park, CA 94025, United States

Stock Code

NASDAQ:META

Year founded

2004

last updated:

30 September, 2024

Artificial intelligence

Chinese start-up DeepSeek’s new AI model outperforms Meta, OpenAI products

DeepSeek’s V3 model was trained for two months at a cost of US$5.58 million, using significantly fewer computing resources than its rivals.

3 hours agovideocam

Facebook

Facebook and Instagram down for thousands of users, WhatsApp also affected

12 Dec 2024 - 3:31AM

Artificial intelligence

OpenAI, defence tech firm Anduril team up to build AI for anti-drone systems

5 Dec 2024 - 4:27PM

Social media

Tech giants Meta, TikTok, Google slam Australia’s under-16 social media ban

The proposed law will hold social-media platforms responsible for policing the ban, under threat of fines of up to US$32.5 million.

26 Nov 2024 - 7:18PM

Australians under 16 years of age will be prohibited from setting up accounts on all major social media sites under a proposed legislation. Photo: AP

Facebook

Meta faces April trial in FTC case seeking to unwind Instagram merger

The FTC sued in 2020, during the Trump administration, alleging the company acted illegally to maintain a monopoly on personal social networks.

26 Nov 2024 - 10:37AM

Apple

Apple explores smart glasses, following Meta’s lead

An internal study is under way to gather feedback from Apple employees on smart glasses, sources say.

5 Nov 2024 - 11:00AM

Cybersecurity

US tech firms warn Vietnam’s planned law to hamper social media, data centres

The draft law, being discussed in Vietnam’s parliament, aims to tighten information-protection rules and limit data transfers abroad.

4 Nov 2024 - 4:56PM

Vietnam’s proposed new data law is expected to make it challenging for tech firms, social media platforms and data centre operators to reach the customers that rely on them daily. Photo: Shutterstock

Alibaba

Alibaba cuts ‘dozens of employees’ at metaverse unit as sector’s hype cools down

The lay-offs affected Alibaba metaverse unit Yuanjing’s operations in Shanghai and Hangzhou, according to a report.

3 Nov 2024 - 7:00AMvideocam

Malaysia

The Minister vs Meta: battle over Malaysia’s social media licence heats up

Communications chief Fahmi Fadzil accuses technology giant of ‘giving more time to scammers and paedophiles’.

1 Nov 2024 - 12:14PM

VR and AR

Meta Platforms will produce virtual reality headsets in Vietnam

Facebook parent Meta said it will produce its next-generation virtual and augmented reality headsets in Vietnam, creating 1,000 jobs.

1 Oct 2024 - 3:04PM

Meta CEO Mark Zuckerberg presents Orion AR glasses at the company’s headquarters in Menlo Park, California, September 25, 2024. Photo: Reuters

Artificial intelligence

US FTC slams TikTok, Meta and Twitch over data used by AI

YouTube, social media platform X, Snap, Discord and Reddit were also included in the FTC report.

20 Sep 2024 - 11:48AMvideocam

Social media and video streaming companies continue to face scrutiny from US regulators over data concerns. Photo: NurPhoto/Zuma Press/TNS

Malaysia

Malaysia urged by tech giants to pause ‘unworkable’ social media licensing plan

The Asia Internet Coalition, which includes Google, Meta and X, urged Malaysia to halt its social media licensing plan, citing unclear regulations and potential innovation hindrance.

27 Aug 2024 - 12:33AM

Artificial intelligence

Alibaba launches maths-specific AI models said to outperform OpenAI, Google LLMs

The new Qwen2-Math large language models are expected to help solve complex maths problems.

10 Aug 2024 - 9:30AM

Social media

With Instagram blocked in Turkey, Erdogan slams social media’s ‘digital fascism’

Turkish President Recep Tayyip Erdogan’s accusations were for allegedly censoring photographs of Palestinian ‘martyrs’.

6 Aug 2024 - 3:02AM

Turkish President Recep Tayyip Erdogan accused social media networks of “fascism” and censorship as his government blocked Instagram for a fourth day. Photo: AP

Artificial intelligence

Meta’s Zuckerberg puts faith in open-source AI to maintain US lead over China

Meta Platforms CEO Mark Zuckerberg, whose company runs the world’s largest open-source LLM, said AI based on open-source technology will help the US maintain a lead over China.

25 Jul 2024 - 5:30PM

Meta CEO Mark Zuckerberg during an interview on ‘The Circuit with Emily Chang’ at Meta headquarters in Menlo Park, California, July 18, 2024. Photo: Bloomberg

Alibaba

Alibaba’s large language model tops global ranking of AI platform Hugging Face

Alibaba’s Tongyi Qianwen family of AI models have already been adopted by more than 90,000 corporate clients.

28 Jun 2024 - 7:00AM

Apple

Apple and Meta have discussed AI partnership: report

Facebook parent Meta Platforms has discussed integrating its generative AI model into Apple’s recently announced AI system for iPhones, the Wall Street Journal.

24 Jun 2024 - 11:03AM

WeChat

Chinese super app WeChat requires disclosure of AI-generated content

WeChat’s updated content-moderation policy forms part of a broader industry effort to promote greater transparency of artificial intelligence-generated content.

6 Jun 2024 - 5:30PM

WeChat helps identify artificial intelligence-generated content on the platform by displaying the relevant tag at the bottom of a published post. Photo: Shutterstock

Amazon

Amazon commits US$9 billion outlay in Singapore to expand cloud infrastructure

The outlay, to be done over the next four years, doubles the investment of subsidiary Amazon Web Services in the city state.

7 May 2024 - 2:22PM

Microsoft

Microsoft CEO unveils US$1.7 billion outlay in Indonesia for AI, cloud expansion

Indonesia has offered the island of Bali and the nation’s new capital Nusantara as potential locations for Microsoft’s new research facility and data centre.

30 Apr 2024 - 5:12PM

Apple

Apple removes Meta’s WhatsApp and Threads services from China App Store

Chinese regulatory authorities had ordered the removal of those two apps over national security concerns, according to Apple.

19 Apr 2024 - 5:00PM

Apple’s App Store icon seen on an iPad screen. Photo: Shutterstock

Alibaba

Alibaba strengthens commitment to open-source development of AI model

The company’s latest AI push could fuel further debate on whether China can continue relying on open-source development, instead of bolstering its own tech ecosystem.

16 Apr 2024 - 7:34PMvideocam

Alibaba Group Holding’s open-source development strategy for Tongyi Qianwen has helped promote the commercialisation of this artificial intelligence model. Photo: Shutterstock

Artificial intelligence

Meta debuts new AI chip, aiming to decrease reliance on Nvidia

Meta Platforms is deploying a new home-grown chip to help power its artificial intelligence services, aiming to decrease its reliance on semiconductors from Nvidia and other outside companies.

11 Apr 2024 - 10:22AM

Technology

‘Grave step backwards’: Meta shuts monitoring tool in election year

CrowdTangle will be decommissioned by Facebook owner Meta in a major election year, a move researchers fear will disrupt efforts to detect an expected firehose of political misinformation.

1 Apr 2024 - 5:00PM

Artificial intelligence

Nvidia unveils new AI ‘superchip’ line-up Blackwell, succeeding dominant H100

The new Blackwell chips are made up of 208 billion transistors and will be able to link with other chips, making them much faster at handling AI models.

19 Mar 2024 - 2:52PMvideocam

CEO Jensen Huang speaks during the keynote address of Nvidia GTC in San Jose, California, on March 18, 2024. Photo: AP

Artificial intelligence

China said to fall short of matching US advances in AI amid major challenges

A presentation made to Chinese Premier Li Qiang pointed out major hurdles faced by the nation’s artificial-intelligence development initiatives.

15 Mar 2024 - 7:00PM

Major hurdles faced by China’s artificial-intelligence efforts reflect a widening gap with the US in terms of innovation in that critical technology. Image: Shutterstock

Semiconductors

ByteDance invests in chip firm InnoStar as VR unit Pico faces Apple’s Vision Pro

ByteDance’s latest semiconductor-related investment shows the lengths being taken by the company to overcome the impact of tighter US tech sanctions on mainland China.

14 Mar 2024 - 7:00PM

Artificial intelligence

Chinese-origin researchers stand out in Apple’s 2024 AI scholarship programme

The rising number of top-tier Chinese AI talent working in American institutions reflects the mainland’s continuing struggle with brain drain, compared with a brain gain for the US.

13 Mar 2024 - 8:41PM

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