Meta sells Giphy to Shutterstock at a $262M loss
Shutterstock has entered into a definitive agreement to acquire Giphy from Meta, the company formerly known as Facebook, for $53 million.
Meta slapped with record $1.3 billion EU fine over data privacy — CNN
Meta has been fined a record-breaking €1.2 billion ($1.3 billion) by European Union regulators for violating EU privacy laws by transferring the personal data of Facebook users to servers in the United States, writes Hanna Ziady.
Meta mulls a Twitter competitor codenamed ‘P92’ that will be interoperable with Mastodon — MoneyControl
Meta, the parent firm of Facebook and Instagram, is hashing out a plan to build a standalone text-based content app that will support ActivityPub,...
Facebook’s powerful large language model leaks online — Motherboard
Facebook’s large language model, which is usually only available to approved researchers, government officials, or members of civil society, has now leaked online for...
Instagram and Facebook launch new paid verification service, Meta Verified — NPR
Facebook and Instagram are launching a new subscription service that will allow users to pay to become verified, writes Roshan Fernandez.
Here is the link:...