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Officials reported that scammers had used crypto to pay for fake digital asset investment ads on social media platforms, leading to more than $1 million in losses for victims. New York officials reported an investigation resulting in the recovery of $140,000 and freezing $300,000 in stolen funds as part of a cryptocurrency investment scam using…
Meta will use nuclear energy to power its data centers and AI models with a 20-year deal to secure 1.1 gigawatts of energy from an Illinois facility. Meta has inked a deal to keep an Illinois nuclear power plant running for the next 20 years so it can power its artificial intelligence and data center…
Meta CEO Mark Zuckerberg, Instagram head Adam Mosseri, and other Meta execs thought that TikTok was beating Meta at its own game. That’s according to a new filing in the U.S. Federal Trade Commission’s antitrust lawsuit against the tech giant, published on Monday. The document, dated February 2022, includes conversations among a number of Meta…
Facebook will begin lowering the reach of accounts sharing spammy content and making them ineligible for monetization, Meta announced on Thursday. The company is also increasing efforts to remove Facebook accounts that coordinate fake engagement and impersonate others, it says. The move comes as Meta CEO Mark Zuckerberg has promised a return to “OG Facebook.”…
With the first week of Meta’s antitrust trial behind us, documents shared by the U.S Federal Trade Commission (FTC) offered more insight into Meta’s internal struggles to keep Facebook relevant. In emails from 2022, Meta executives mulled different visions for Facebook’s future to boost its success, acknowledging that its cultural relevance was decreasing. Fast-forward to…
The first week of the Meta antitrust trial brought new revelations about how the company formerly known as Facebook approached the competitive threat posed by Instagram in the early 2010s. The U.S. government is accusing Meta of violating competition laws by acquiring companies like Instagram and WhatsApp that threatened the Facebook monopoly. If lawyers for…
Charles Hoskinson says crypto must adopt cooperative tokenomics to compete with tech giants as US regulation opens the door to Apple, Amazon and others. The next generation of cryptocurrency projects must embrace a more collaborative approach to compete with major centralized tech companies entering the Web3 space, according to Cardano founder Charles Hoskinson. Speaking at…
Meta is introducing Teen Accounts to Facebook and Messenger. The feature, which automatically enrolls young users into an app experience with built-in protections, will be available on these platforms in the U.S., U.K., Australia, and Canada before expanding to additional regions in the future. Teen Accounts first rolled out to Instagram last September after Instagram…
After teasing a return to “OG Facebook” earlier this year, the social network on Thursday announced an update that will give users a simple way to connect with friends. The company is introducing a new Facebook Friends tab that will only showcase updates from friends, without any other recommended content. Meta explains in a blog…
More and more hackers are targeting regular people with the goal of breaking into their bank accounts, stealing their crypto, or simply stalking them. These types of attacks are still relatively rare, so there’s no need for alarm. But it’s important to know what you can do to protect yourself if you suspect someone accessed…