Meta embedded facial recognition technology called "NameTag" into its AI companion app for smart glasses, downloaded by over 50 million users, though the feature is not yet activated. The tech can create biometric faceprints from people seen by the glasses and notify the wearer if a match is found, raising privacy concerns from watchdogs and experts. Meta denies plans to launch the feature soon or build a central face database, but critics warn it could enable invasive surveillance and harm user privacy, especially for children. The company previously faced lawsuits over facial recognition and says it will approach any rollout thoughtfully and transparently.
Jim Cramer cautioned that the recent rally in Big Tech stocks like Alphabet, Microsoft, Meta, and Amazon might be more about investor optimism than real improvements in their business fundamentals. Despite positive news such as Warren Buffett's endor...
Meta Platforms faces a lawsuit from 26 employees alleging the company used AI tools and automated metrics to select workers for layoffs, disproportionately affecting those on medical, parental, or family leave. The lawsuit claims Meta's AI-driven per...
TappAlpha introduced the TappAlpha Cboe Magnificent 10 Growth & Daily Income ETF (TMGN), which offers exposure to the Cboe Magnificent 10 Index featuring leading tech companies like Nvidia, Microsoft, and Apple. This ETF applies TappAlpha's options-b...
A group of current and former Meta employees filed a lawsuit claiming the company used artificial intelligence in its recent layoffs in a discriminatory way. The lawsuit alleges Meta's AI systems ignored approved absences like medical or family leave...
Meta faces a lawsuit from 26 employees accusing the company of using AI tools that unfairly targeted workers with disabilities and those on medical leave during recent layoffs. The suit claims Meta's AI system, including an internal bot and activity ...
