Tag: Meta Platforms Inc

May 17, 2024 BY Elizabeth Anderson

Meta To Face Child Safety Probe By The European Commission

Aspects under investigation are how Meta’s algorithms possibly promote “behavioural addictions” and create “so-called rabbit-hole effects”. A study available on ResearchGate depicted the rabbit-hole effect as the “use of algorithms” that amplify personalised content to keep users engaged. The European Commission also expressed concerns about Meta’s age verification processes. Don’t miss out the latest news,…

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March 04, 2024 BY Elizabeth Anderson

Meta to Deprecate Facebook News in the US and Australia

ABC News reported that Meta entered into agreements with Australian media agents after this country introduced the News Media Bargaining Code. This law requires big tech companies to pay for the news they display on their sites. Don’t miss out the latest news, subscribe to LeapRate’s newsletter Worth millions of dollars, these deals are due…

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February 26, 2024 BY PureContent

NVIDIA Sets Single-Day Record for Market Value Increase

This massive gain overtook the previous best day of trading set by Facebook owner Meta Platforms Inc. (META) when it added $196bn to its value on February 2 this year. Analysts had hotly tipped NVDA to make huge profits thanks to its groundbreaking artificial intelligence (AI) technologies; however, even those analysts were taken aback by…

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