PayPal‘s stablecoin is likely to succeed where Facebook‘s failed, thanks to the payment giant’s standing in Washington and policymakers’ greater understanding of the issues in the last three years. PayPal this month said it was launching PayPal USD, a crypto token pegged to the US dollar, making it the second…
The Canadian government on Friday demanded that Meta lift a “reckless” ban on domestic news from its platforms to allow people to share information about wildfires in the west of the country. Meta started blocking news on its Facebook and Instagram platforms for all users in Canada this month in response to a…
A group of the world’s biggest news media organizations called for revised regulations on the use of copyrighted material by makers of artificial intelligence technology, according to an open letter published on Wednesday. The note, signed by industry bodies like the News Media Alliance — which includes nearly 2,000 publications…
Facebook Messenger will drop support for sending SMS messages over a cellular network soon. The Meta-owned messaging platform introduced SMS integration on Android smartphones in 2016 and allowed users to view text messages alongside messages from Facebook users in a single app. Currently, SMS text messages appear in purple, and…
Meta Platforms is asking a court in Norway to stop a fine the Nordic country’s data regulator imposed on the owner of Facebook and Instagram for breaching users’ privacy, according to a court filing. Meta Platforms will be fined 1 million crowns ($97,700) per day from August 14 over privacy…
Twitter was recently rebranded as X by owner Elon Musk. On Friday, Musk claimed that the social media platform reached “new heights” with more than 540 million monthly users as compared to the reported 229 million monthly active users in May 2022. Musk took over the site in November 2022,…
An Australian court ordered Facebook owner Meta Platforms to pay fines totalling A$20 million ($14 million) for collecting user data through a smartphone application advertised as a way to protect privacy without disclosing its actions. Australia’s Federal Court also ordered Meta, through its subsidiaries Facebook Israel and the now-discontinued app,…
Meta Platforms offered to curb the use of competitors’ advertising data for its Facebook Marketplace online classified service in an attempt to settle an EU antitrust investigation but regulators gave it the cold shoulder, people familiar with the matter said. Its offer also included limiting the use of advertising data…
OpenAI’s head of trust and safety Dave Willner is leaving the company, he said in a LinkedIn post on Friday, citing the pressures of the job on his family life and saying he would be available for advisory work. OpenAI did not immediately respond to questions about Willner’s exit. Trust…
Comedian Sarah Silverman and two authors have filed copyright infringement lawsuits against Meta Platforms and OpenAI for allegedly using their content without permission to train artificial intelligence language models. The proposed class action lawsuits filed by Silverman, Richard Kadrey and Christopher Golden in San Francisco federal court Friday allege Facebook…
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