Meta launches California Super PAC to support pro-AI policy candidates amid regulatory concerns
Meta is launching a Super PAC to support California candidates who back pro-artificial intelligence policies ahead of competitive midterm elections expected in 2026.
FOX Business Briefs 8/22
Google wins $10 billion cloud contract from Meta; Ross Stores sales show shoppers are looking for discounts; Chili’s pays fat bonuses to staff after record-setting sales; Las Vegas struggles with summer tourism slump.
GOP and Dem lawmakers slam Meta over AI bots having 'sensual' chats with children
Republican Sen. Josh Hawley has said he'll launch a congressional probe into Meta's AI chatbot policies that allowed sensual interactions with minors.
Bipartisan senators call for Instagram to shut down its new map feature, citing children's safety concerns
Sens. Marsha Blackburn and Richard Blumenthal are pushing for Instagram's new map feature to be shut down, warning it could pose risks to children's safety.
Robby Starbuck, Meta settle lawsuit over AI chatbot defamation claim
Conservative activist Robby Starbuck settles defamation lawsuit against Meta and will serve as consultant to help combat political bias in the company's AI models.
Market expert explains positive takeaways from Microsoft, Meta's performance
CFRA Research senior equity analyst Angelo Zino discusses the performance of Microsoft, Meta and the overall tech sector in the markets, the Federal Reserve's rate decision and Q2 GDP growth.
Senator slams Big Tech's role in 'pirating' copyrighted books for AI training purposes
Meta executives acquired pirated books for AI training despite ethical concerns. Recent court rulings on AI copyright infringement show mixed results for authors.
Sen Hawley questions whether Meta overstepped in pirating authors’ works for AI
Sen. Josh Hawley, R-Mo., questions whether Meta overstepped copyright laws when it pirated works from authors to improve its AI functionality.
Chatbot use on the rise despite skepticism from voters
Tech giants including Amazon and Microsoft restructure their workforce as artificial intelligence transforms industries, though experts predict AI will create new jobs
GameStop customers could receive cash payout following settlement over alleged privacy breach
GameStop settles class-action lawsuit for $4.5 million after plaintiffs accuse retailer of sharing customer data with Facebook via tracking pixel.
FOX Business Briefs 7/1
Stocks wrapped up first half of the year with fresh records; Renault to take $11 billion hit on its stake in Nissan; L'Oréal to acquire fast-growing professional haircare brand; Amazon on cusp of using more robots than humans in warehouses.
Microsoft expands gaming horizons through strategic Meta Quest 3S Xbox Edition partnership amid console wars
Limited edition Meta Quest 3S Xbox bundle features custom Xbox-themed headset and controllers, offering cloud gaming as part of Microsoft's "This is an Xbox" initiative.
FOX Business Briefs 6/24
RPT: Audi weighs $4.6B U.S plant to avoid tariffs; Official: L.A. anti-ICE riots cost taxpayers $30M+; WSJ: Meta luring tech experts for new super-intelligence lab; Amazon: Beauty will be a big seller for Prime Day
Meta unveils AI-powered glasses that translate languages in real time
FOX Business correspondent Madison Alworth reports on Meta’s new AI-integrated smart glasses that can translate multiple languages in real time.
OpenAI CEO accuses Meta of offering $100 million bonuses to poach employees
Sam Altman claims Meta has attempted to poach OpenAI staff with massive bonuses as high as $100 million as the Facebook owner works to build its superintelligence unit.
Meta's Zuckerberg aiming to dominate AI race with recruiting push for new ‘superintelligence’ team: report
Meta CEO Mark Zuckerberg is reportedly building a superintelligence team to develop artificial general intelligence, recruiting 50 experts amid competition with OpenAI and Google.
Meta signs 20-year nuclear power deal with Constellation
Meta Platforms has entered a deal to purchase nuclear power from Constellation Energy Corporation’s Clinton Clean Energy Center in Illinois, the company announced Tuesday.
Trump's Golden Dome won't be 'as expensive,' will be 'much more effective' than critics believe: Palmer Luckey
Anduril Industries founder Palmer Luckey details the recent partnership with Meta, technology boosting border security, collaboration on the 'Golden Dome' and military space capabilities in an exclusive 'Mornings with Maria' interview.
Amazon, Meta can handle 'market challenges' better than most, investor says
Evercore ISI senior managing director Mark Mahaney analyzes Amazon's earnings and explains why he raised his Meta price target on 'Varney & Co.'
Robby Starbuck says it's too late for Meta to apologize after AI chatbot allegedly defamed him
Robby Starbuck is demanding "serious change" at Meta after launching a lawsuit alleging its chatbot defamed him.