META THREADS EU
Can India's balanced approach to AI regulation foster innovation without stifling progress?
The Competition Commission of India (CCI) is diving deep into the world of Artificial Intelligence, taking a thoughtful detour compared to regions hurriedly implementing regulations. Their latest findings outline both the promising opportunities and potential dangers of AI, advocating for a thorough understanding before any regulatory action.
Facebook, YouTube and TikTok users in Europe get forum to challenge social media content decisions
The center is similar to Meta's Oversight Board, a quasi-independent body set up in 2020 that acts like a supreme court for thorny decisions about content moderation issues on Facebook, Instagram and Threads submitted by users around the world.
Meta and Spotify blast EU decisions on AI
A group of companies including Meta and Spotify blasted the European Union Thursday for its "fragmented and inconsistent" decision-making on data privacy and artificial intelligence (AI). "In recent times, regulatory decision making has become fragmented and unpredictable, while interventions by the European Data Protection Authorities have created huge uncertainty about what kinds of data can be used to train AI models," said the letter.
OpenAI, Meta flex muscles as AI race heats up
The pressure to show that the wider public is adopting ChatGPT-style AI chatbots is significant given the huge costs of delivering the technology. Facebook-owner Meta meanwhile on Friday said that usage of AI features across its platforms had jumped to 400 million monthly users and 185 million every week.
India is the largest market for Meta AI usage; company sees profits soar 73%
Meta rolled out its AI chatbot in India in June this year. India is the company's largest market with a combined subscriber base of over a billion across its umbrella of apps like Facebook, WhatsApp, Instagram and Threads. Meta also upped its revenue guidance for the third quarter to be in the range of $38.5-41 billion.
Threads hits 175 million users on first anniversary
Threads, Meta's alternative to X (formerly Twitter), has hit 175 million monthly users a year after its out-of-the-blue launch. Threads, which hit app stores on July 5 last year, is a spin-off of Instagram and is intended to be a rival to X, formerly known as Twitter, after that platform alienated many users and advertisers following Elon Musk's purchase in 2022.
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Apple is first company charged under new EU competition law
Apple is facing intense regulatory scrutiny globally, with charges in the EU, legal battles in the US, and regulatory actions in Britain, signaling a turbulent period for the tech giant in various markets.
Go easy with the digital lasso
If a company meets the criteria in its self-assessment, it must report to CCI within 90 days, which can designate it as Systemically Significant Digital Enterprise (SSDE), akin to gatekeepers in DMA. CDS includes online search engines, social networking, video sharing, intermediation, and cloud and interpersonal communication services. Any non-reporting or misreporting to CCI will attract a penalty.
EU queries Meta about ad-free subscriptions, 'shadow-banning'
The EU on Friday used new regulatory powers to query Meta about ad-free subscriptions to Facebook and Instagram as well as claims some voices are suppressed online in a phenomenon known as "shadow banning". Brussels also demanded Meta "provide information related to the practice of so-called shadow banning and the launch of Threads", a spin-off of the Instagram photo app.
Threads countdown teases app's potential EU launch
Meta-owned Instagram launched Threads in the United States and elsewhere in July but EU users cannot access the platform because the company was wary of Brussels' regulatory oversight before any roll-out.
Social media is awash in misinformation about Israel-Gaza war, but Elon Musk's X is the most egregious
Experts say that under Elon Musk the platform has deteriorated to the point that it's not just failing to clamp down on misinformation but is favoring posts by accounts that pay for its blue-check subscription service, regardless of who runs them.
EU's tech commissioner turns to X rival Bluesky in disinformation duel with Elon Musk
Thierry Breton, the European Union's commissioner for industry and the digital economy, joined the Bluesky network in a move designed to further rile Musk, who is fighting to keep X relevant but out of Brussels' regulatory sights.
From chargers to children's data: How the EU reined in big tech
Now the iPhone 15 is expected to have a USB-C charger, instead of Apple's usual Lightning charger, after the EU ordered manufacturers to adopt a common connection.
Meta may allow Instagram, Facebook users in Europe to pay and avoid ads
Those who pay for Facebook and Instagram subscriptions would not see ads in the apps, said the people, who spoke on the condition of anonymity because the plans are confidential. That may help Meta fend off privacy concerns and other scrutiny from EU regulators by giving users an alternative to the company's ad-based services, which rely on analyzing people's data, the people said.
Meta may allow Instagram, Facebook users in Europe to pay and avoid ads
This may help Meta fend off privacy concerns and other scrutiny from EU regulators by giving users an alternative to the company’s ad-based services, which rely on analyzing people’s data.
Facebook users, it’s time to claim your share of $725 mn settlement!
Meta is paying to settle a lawsuit alleging the world's largest social media platform allowed millions of its users' personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump's 2016 presidential campaign.
US Facebook users have one month left to apply for a share of $725 million settlement
Meta is paying to settle a lawsuit alleging the world's largest social media platform allowed millions of its users' personal information to be fed to Cambridge Analytica, a firm that supported Donald Trump's 2016 presidential campaign.
Every tech firm will soon be an AI company: Meta's Nick Clegg
India, the EU and the US are the big regulatory planets in the world and they should "align more closely" on AI regulation, said Nick Clegg, President, Global Affairs, Meta.
Threads fizzles, Twitter sizzles: Meta's rivial to Elon Musk's social media giant wanes after strong start, engagement down by 75 perc ent
Threads, which was anticipated to rival Twitter, has seen its daily usage time decline by over 75 per cent since its launch, following an initial boost in popularity.
Meta faces $100K daily fine from Norway regulator over privacy concerns in user advertising
Norwegian regulator Datatilsynet says that behavioral advertising - a common marketing model that profiles users by collection information like their physical locations, among other data - without consent is illegal. Because of this, Datatilsynet imposing a "temporary ban" of such practices on Facebook and Instagram.
Elon Musk says Twitter has lost half its advertising revenue
"Need to reach positive cash flow before we have the luxury of anything else," Elon Musk said in a tweet early on Saturday.
Meta’s Threads surpasses 100 million users in 5 days of launch, breaks ChatGPT record of fastest sign ups
Meta’s Threads app, launched as a rival to social networking site and app Twitter, is making waves on social media. Here’s the data.
Twitter rival Threads signs up 100 million users in five days
While ChatGPT took two months to hit the 100 million user mark and video-sharing app TikTok took nine months, Instagram itself took two and a half years to reach that mark after its 2010 launch.
Meta launches Android beta for Threads after it amasses 70 million users
The invitation for the Android beta programme says that "certain data on your use of the app will be collected and shared with the developer to help improve the app."
Why Meta's Threads app is the biggest threat to Twitter yet
In less than 24 hours, Threads attracted some 30 million users. And with Meta already having more than two billion Instagram users who can directly link their accounts to it, Threads’ user base will grow fast.
What is Threads? All your questions about Meta's new Twitter rival, answered
New arrivals to the platform include celebrities like Oprah, pop star Shakira and chef Gordon Ramsay - as well as corporate accounts from Taco Bell, Netflix, Spotify, the Washington Post and other media outlets.
What is Threads? Is Twitter in danger?
Users can post text, images, or videos and interact with others by liking, sharing, or reposting content. Threads has a 500-character limit on posts, and users can include links, photos, and videos up to five minutes long. However, the platform currently lacks features such as direct messaging. Meta CEO Mark Zuckerberg intends to introduce more updates soon.
Will Meta’s Threads unwind Twitter in India? Opinions vary
India is the largest market for the Meta apps of Facebook, WhatsApp and Instagram and analysts said this would give a solid head start to Threads in this market. They however also warned of the privacy concerns that could come with the app that has not been allowed to operate in the European Union.
Explained: What is Threads? Is Twitter in danger?
The new app Threads bears a striking resemblance to Twitter, allowing users to post text, images, or videos, as well as like, share, or repost content.
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