Meta Raises Quest Headset Prices as Memory Costs Impact AI-Driven Hardware

Plus: Meta officially kills encrypted Instagram DMs, the Trump administration targets “violent left wing extremists,” leaked documents reveal Russia's school for elite hackers, and more.

A US court has found that Meta’s AI ads tools materially developed fraudulent investment content, stripping Section 230 immunity and exposing the platform to securities fraud claims. A US court found that Meta’s AI ads helped create fraudulent investment content,…

Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy Meta launched Muse Spark on April 8, its first fully closed AI model, abandoning its open-source Llama strategy. The launch marks the…

Warren’s letter asks Mark Zuckerberg to explain by May 20 which stablecoins and wallets Meta is using, how it selects issuers like Circle, what data it collects from linked wallets and how it will separate social and financial businesses. Senator…

The Senate Democrat said Meta’s reported plans to partner with a third-party stablecoin issuer could undermine “competition, privacy… and financial stability.”

Elizabeth Warren asked the Meta CEO to provide details on a stablecoin integration to the platform, a week after a small rollout to creators in Colombia and the Philippines.

As it adapts to the artificial intelligence era, the company is pushing many of its 78,000 workers to use the technology, and preparing to lay some of them off.

Meta has commenced a long, slow slide into irrelevance.