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Meta Warns: Antitrust Ruling in India Could Negatively Impact Business

8 hours ago

Meta, the parent company of Facebook and Instagram, has recently issued a warning regarding the potential consequences of an antitrust ruling in India. This ruling may necessitate the removal of certain features in their applications, which could complicate the company's business operations.

Meta Announced Significant Shift in Free Speech Policy by Ending Third-Party Fact-Checking Program

9 days ago

Meta, the parent company of Facebook and Instagram, has recently declared a major change in its approach to content moderation on its platforms. The company is discontinuing its third-party fact-checking program, which aimed to combat misinformation by employing independent fact-checkers to review claims made in posts and articles. This significant move is seen as a pivotal step towards promoting free speech and reducing the influence of external fact-checking agencies on the dissemination of information.

Need for Metals to Achieve Net Zero Calls for Less Extraction

4 months ago

A recent report underscores that to achieve the ambitious goal of carbon neutrality by 2050, the global economy will require a substantial increase in metal resources, while concerns around the need to reduce natural resource extraction from the earth are also growing. Amid global economic shifts like the rising interest in sustainable development and the transition to clean energy, a paradox arises: achieving net-zero emissions requires more resources, but their extraction can cause significant harm to ecosystems and social structures.

China Files WTO Complaint Over Canada's EV and Metal Tariffs

4 months ago

The Chinese government has officially lodged a complaint with the World Trade Organization (WTO) regarding tariffs imposed by Canada on the import of electric vehicles and certain metals. This action comes in response to Canada's growing concerns about the security of rare earth metal supplies, which play a crucial role in electronics and clean energy production.

Meta Shuts Down Augmented Reality Studio Amid Pivot to Artificial Intelligence

5 months ago

Meta, known for its ambitions in augmented reality technology, has decided to close its augmented reality studio where various projects and products were being developed. This decision is part of a broader strategy to refocus on artificial intelligence. Currently, Meta is looking to enhance its technologies and increase its share in the rapidly emerging AI market. The studio's closure reflects shifts in the company's priorities as it is ready to change the course of its investments and resources.

Apple Announces CFO Change Amid Meta's Pressure on COVID-19 Posts

5 months ago

In recent news, Apple is discussing a significant change in its leadership — the appointment of a new Chief Financial Officer (CFO). This decision comes amid increasing pressure on Meta in light of public reactions to social media posts regarding COVID-19. Current events highlight the importance of financial management in times of high uncertainty and public disputes.

Meta CEO Claims Pressure from Biden to Remove COVID Content

5 months ago

In a recent statement, Meta CEO Mark Zuckerberg revealed that he faced pressure from the Biden administration regarding COVID-19 content on the Facebook platform. Zuckerberg claims that the government effectively demanded the company to remove or restrict access to certain information about the virus and vaccinations, raising concerns about the boundaries of free speech and the responsibilities of social media in disseminating information.