Tag Archives: Meta

Meta Introduces LLaMA, Large Language Model That Runs On Less Power

Meta-Facebook

Meta Introduces LLaMA, Large Language Model That Runs On Less Power by Laurie Sullivan  @lauriesullivan, February 24, 2023 Meta will release a new large language model (LLM) it calls LLaMA, which is designed to help researchers advance their work in artificial intelligence, the company’s CEO Mark Zuckerberg announced in a Facebook post on Friday. LLMs are what … Continue reading Meta Introduces LLaMA, Large Language Model That Runs On Less Power →

Meta stock skyrockets as Facebook parent company announces buybacks

Meta-Facebook

  By Barbara Ortutay—Associated Press February 01, 2023 Facebook parent company Meta posted lower fourth-quarter profit and revenue on Wednesday, hurt by a downturn in the online advertising market and competition from rivals such as TikTok. But the company’s stock soared in extended trading, as its revenue beat Wall Street’s muted expectations and the Menlo … Continue reading Meta stock skyrockets as Facebook parent company announces buybacks →

Meta settles Cambridge Analytica class-action lawsuit for $725 million

Facebook Under Legal

Whistleblower explains how Cambridge Analytica ‘exploited’ Facebook Richard Lawler @Rjcc Last night Facebook announced bans against Cambridge Analytica, its parent company and several individuals for allegedly sharing and keeping data that they had promised to delete. This data reportedly included information siphoned from hundreds of thousands of Amazon Mechanical Turkers who were paid to use … Continue reading Meta settles Cambridge Analytica class-action lawsuit for $725 million →

Meta, IRI ‘Closed-Loop’ Tool Helps Retailers Measure Impact Of Shopper Marketing

Retail Industry

Meta, IRI ‘Closed-Loop’ Tool Helps Retailers Measure Impact Of Shopper Marketing by Ray Schultz , January 5, 2023 Retailers using Meta’s Instagram and Facebook platforms will now have access to a tool from IRI that provides brand and product sales results. The solution, Ansa, is an IRI-powered SaaS platform designed to measure shopper marketing. Its … Continue reading Meta, IRI ‘Closed-Loop’ Tool Helps Retailers Measure Impact Of Shopper Marketing →

Meta Hit With New Privacy Lawsuit By Online Tax Filers

Meta-Facebook

Meta Hit With New Privacy Lawsuit By Online Tax Filers by Wendy Davis  @wendyndavis, December 29, 2022 Meta Platforms was hit Thursday with a second lawsuit over allegations that it collects taxpayers’ information from online filing services. This new complaint, like one filed earlier this month, alleges that Meta’s tracking code, the Meta Pixel, was … Continue reading Meta Hit With New Privacy Lawsuit By Online Tax Filers →

John Carmack leaves Meta with a memo criticizing the company’s efficiency

Journalism

Facebook is buying Oculus VR for $2 billion, plans to ‘unlock new worlds for all of us’   Richard Lawler @Rjcc Mark Zuckerberg is following up his Whatsapp buy with another big acquisition: virtual reality company Oculus VR for $2 billion in stock and cash (curiously, news of the talks may have leaked on Reddit … Continue reading John Carmack leaves Meta with a memo criticizing the company’s efficiency →

Meta abandons its Portal smart displays and smartwatch project following mass layoffs

Facebook Controls

Meta is laying off more than 11,000 employees It’s the first mass layoffs in the company’s history. K. Bell @karissabe   NOAH BERGER via Getty Images Meta is reducing the size of its workforce by about 13 percent and letting more than 11,000 of its employees go in the first mass layoffs in the company’s … Continue reading Meta abandons its Portal smart displays and smartwatch project following mass layoffs →

Meta will reportedly announce ‘large-scale’ layoffs next week

Facebook Employee

Twitter warns employees that layoffs are happening Friday The cuts come only a week after Elon Musk took over the company. K. Holt @krisholt   Carlos Barria / reuters Twitter will reportedly begin laying off workers on Friday, only a week after Elon Musk officially took control of the website. Around half of the company’s … Continue reading Meta will reportedly announce ‘large-scale’ layoffs next week →

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