Meta removed its new Instagram AI image generator, Muse Image, just days after launch due to user backlash over privacy concerns. The feature automatically enrolled all public accounts, allowing others to generate images using users' likeness without notification. Users criticized the lack of control and difficulty in opting out, sparking widespread privacy fears. Meta acknowledged the feedback and discontinued the feature, highlighting ongoing tensions around AI and user consent in social media tools.
Despite a selloff in AI-related stocks, the S&P 500 rose 1.23% in July, showing market resilience. Investor Amrita Roy increased holdings in Meta, Mercado Libre, and GE Vernova, citing strong growth prospects and company-specific strengths like Meta'...
David H. Lerner highlights cautious optimism for SpaceX due to current valuation and expected volatility around the Starship launch, recommending patience before buying. Meta Platforms is gaining momentum driven by AI initiatives, prompting Lerner to...
Credit default swap (CDS) spreads are increasing for major tech companies including Oracle, Meta, Amazon, Microsoft, Alphabet, Nvidia, AMD, Intel, and Broadcom, reaching multi-month highs. This widening indicates growing caution in credit markets, co...
Mark Lanier won a landmark $6 million verdict against Meta and Google, proving their platforms were designed to be addictive and harmful to children's mental health. The case, led by a young plaintiff named Kaley, exposed internal documents showing d...
Meta has discontinued its new AI feature, Muse Image, which allowed users to generate images using photos from public Instagram accounts. The tool faced immediate criticism for privacy concerns, as it was automatically enabled without explicit user c...
