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Job cuts are part of plan announced in March to eliminate 10,000 roles, bringing headcount to where it stood mid-2021Meta started carrying out the last batch of a three-part round of layoffs on Wednesday, according to a source familiar with the matter,…
Stock image service Shutterstock buys gif search engine after Meta’s acquisition blocked by regulatorsThe owner of Facebook has taken a more than $260m (£210m) loss on Giphy – selling off the gif search engine to the stock image service Shutterstock fo…
The European Union condemned Meta with a record $1.3 billion fine for transferring European user data to the US. The European Union fined Meta $1.3 billion for transferring user data to the US. This is the biggest fine since the adoption of the General Data Protection Regulation (GDPR) by the European Union (EU) on May 25, 2018. In the […]
The post EU hits Meta with $1.3 billion fine for transferring European user data to the US appeared first on Security Affairs.
By Kelvin Chan in London LONDON (AP) — The…
The European Union slapped Meta with a record $1.3 billion privacy fine Monday and ordered it to stop transferring users’ personal information across the Atlantic by October.
The European Union slapped Meta with a record $1.3 billion privacy fine and ordered it to stop transferring user data across the Atlantic.
The post Facebook Parent Meta Hit With Record Fine for Transferring European User Data to US appeared first on Se…
Judge refuses to dismiss shareholder lawsuit alleging that Facebook violated the law and fiduciary duties in failing for years to protect user data privacy.
The post Delaware Judge Refuses to Dismiss Facebook Shareholder Suit Over User Data Privacy Bre…
Mark Zuckerberg says in earnings call that company is still devoted to virtual reality even as it bolsters its AI developmentMeta is not pivoting away from its signature product, the metaverse. Or at least that’s what the Meta chief executive, Mark Zuc…
The Biden administration, last week, articulated aims to put guardrails around generative and other AI, while attackers get bolder using the technology.
The post White House addresses AI’s risks and rewards as security experts voice concerns abou…
TSB says 80% of cases in its main fraud categories come from scams on Meta platforms including InstagramMeta has been urged to take action to protect customers from fraud, after TSB said scams via the social media company’s platforms Facebook, WhatsApp…