#meta

Meta Prediction Market App Push Puts Polymarket Model In Big Tech Spotlight TL;DR Meta is reportedly building a standalone prediction market app inte

Arthur Hayes put out a bull case for the CARDS token, and the Clarity Act is facing some surprising opposition from a new group.

Workers signed petition against tool that tracked staff keystrokes, mouse clicks and computer screen content Mark Zuckerberg’s Meta has paused a program that tracked employees’ computer activity amid data privacy concerns and a staff backlash. The owner of Facebook, Instagram and WhatsApp had introduced a tool that tracked staff keystrokes, mouse clicks and content displayed on computer screens in order to collect data for training its AI models. Continue reading...

The massive data center investments by tech giants could lead to significant financial risks if AI demand doesn't meet expectations. The post Meta and Microsoft commit tens of billions each to data center leases as industry tops $850B appeared first on Crypto Briefing.

Arena revives Meta's earlier attempt at prediction markets after the shutdown of its Forecast app in 2022.

Prediction markets are one of the fastest-growing sectors of the digital economy, and Meta is apparently getting ready to enter it. An internal team has been assigned by CEO Mark Zuckerberg to create a stand-alone platform called Arena. It will function independently of Meta’s core products, such as Facebook, Instagram,

Meta chief executive Mark Zuckerberg has directed employees to develop a prediction markets app called Arena that would operate separately from the company’s existing social media products, The New York Times reported on Tuesday, citing two employees familiar with the…

Shah's leadership at WhatsApp could redefine monetization strategies, leveraging his fintech expertise to unlock new revenue streams for Meta. The post Meta appoints Kunal Shah as WhatsApp leader after cold email turned job offer appeared first on Crypto Briefing.

Meta's entry into prediction markets could disrupt existing platforms, influence regulatory landscapes, and reshape digital engagement strategies. The post Meta builds prediction markets app under Zuckerberg’s direction appeared first on Crypto Briefing.

Meta's strategic move could redefine WhatsApp's role, potentially transforming it into a major revenue-generating super app in India. The post Meta invests $900M in Indian fintech CRED to turn WhatsApp into a super app appeared first on Crypto Briefing.

Meta's reluctance to submit AI models for voluntary government reviews may impact its market credibility and competitiveness in sensitive sectors. The post Trump administration presses Meta for voluntary AI security reviews appeared first on Crypto Briefing.

An extensive program at Meta to gather a wide range of data from employees to train its AI model has been frozen after employees reportedly broke through its guardrails and accessed restricted data, and then did so again after Meta claimed to have fixed the vulnerability. Whether or not the data collection by the $201 billion owner of Facebook was a good idea, analysts argue that the data protections deployed were woefully inadequate, given the extreme sensitive nature of the collected data. “Meta had the resources to get it right, and yet they failed exponentially,” said Karianne Michelle, a director with consulting firm Acceligence. “That is what it looks like when the policy decision and the technical execution are happening in two different rooms that are not fully in sync. It is the kind of gap you see often enough at organizations under structural strain.” Fritz Jean-Louis, principal cybersecurity advisor at Info-Tech Research Group,  agreed. “What we just observed from the Meta

Shah's leadership could transform WhatsApp into a fintech powerhouse, leveraging AI and commerce to boost Meta's revenue and market influence. The post Meta appoints Kunal Shah as WhatsApp leader after cold email outreach appeared first on Crypto Briefing.

Government pressure on Meta may shift AI development towards closed-source models, impacting competitive dynamics and sector valuations. The post Meta faces pressure from Trump administration to submit AI models for government safety reviews appeared first on Crypto Briefing.

Meta's Arena app could reshape prediction markets by leveraging its vast user base, potentially disrupting existing platforms and financial models. The post Meta develops moneyless prediction market app Arena to challenge Kalshi and Polymarket appeared first on Crypto Briefing.

Federal officials are urging the lone major tech company holdout to allow government safety evaluations, weeks after ordering Anthropic to pull its latest model.

The Meta CEO reportedly plans for the company to launch a prediction market independent of its other apps allowing users to place wagers using a points system rather than money.

Mark Zuckerberg has directed a small Meta team to build a standalone prediction-market app called Arena, according to the New York Times. The move puts the world's largest social network on a direct collision course with crypto-native platforms like Polymarket and Kalshi.

Meta has reportedly formed a team to develop a prediction market app called Arena, a signal of the company’s entry into a sector that has attracted growing interest from both retail users and institutional investors. According to a report from…

Mark Zuckerberg has directed a small team at Meta to build a standalone prediction markets app internally codenamed “Arena,” the New York Times reported Tuesday, citing two employees with knowledge of the plans. Meta declined to comment on the project. But according to the Times report, the Arena application is a top internal priority for […]