META Sep 2024 195.000 put
- 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.
- GuruFocus.com
Insider Selling: Jennifer Newstead Sells Shares of Meta Platforms Inc (META)
Chief Legal Officer Jennifer Newstead sold 905 shares of Meta Platforms Inc (NASDAQ:META) on June 11, 2024, as reported in a recent SEC Filing.
- Investor's Business Daily
Meta Got A Big Boost From Temu And Shein Last Year. This Analyst Is Bullish On Future Performance.
Meta investors have been fretting an ad-buying slowdown from China e-commerce retailers. This analyst is bullish.
