META Jun 2024 800.000 put
- Bloomberg
Meta Delays AI Chatbot Launch in Europe After Regulator Pushback
(Bloomberg) -- Facebook parent company Meta Platforms Inc. will delay its launch of the Meta AI chatbot in Europe after regulators on the continent requested the company pause its plan to train its large language models with posts from users there. Most Read from BloombergSouthwest Plane Plunged Within 400 Feet of Ocean Near HawaiiWells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity’Yes, Everyone Really Is Sick a Lot More Often After CovidBump Stock Ban Tossed Out by Supreme Court
- Reuters
Apple, Meta set to face EU charges under landmark tech rules, sources say
Apple and Meta Platforms will likely face charges for failing to comply with landmark EU rules aimed at reining in their power before the summer, three people with direct knowledge of the matter said on Friday. The European Commission, which launched investigations into the two companies and Alphabet's Google in March under the Digital Markets Act (DMA), sees Apple and Meta as priority cases, the people said. The DMA requires Big Tech to open up space for smaller rivals to compete and make it easier for people to move between competing online services like social media platforms, internet browsers and app stores.
- Reuters
Meta pauses AI models launch in Europe due to Irish request
BRUSSELS (Reuters) -Meta Platforms will not launch its Meta AI models in Europe for now after the Irish privacy regulator told it to delay its plan to harness data from Facebook and Instagram users, the U.S. social media company said on Friday. Meta on Friday said the Irish privacy watchdog had asked it to delay training its large language models (LLMs) using public content shared by Facebook and Instagram adult users. "We're disappointed by the request from the Irish Data Protection Commission (DPC), our lead regulator, on behalf of the European DPAs ... particularly since we incorporated regulatory feedback and the European DPAs have been informed since March," the company said in an updated blogpost.
