Meta Launches New Generative AI Model ‘CM3leon’ For Text, Images

[ad_1] New Delhi:Meta (formerly Facebook) has introduced a generative artificial intelligence (AI) model — “CM3leon” (pronounced like chameleon), that does both text-to-image and image-to-text generation.  “CM3leon is the first multimodal model trained with a recipe adapted from text-only language models, including a large-scale retrieval-augmented pre-training stage and a second multitask supervised fine-tuning (SFT) stage,” … Read more

‘Competition Is Fine, Cheating Is Not’: Elon Musk Says As Twitter Threatens To Sue Meta’s New App ‘Threads’

[ad_1] New Delhi: Twitter has threatened legal action against Meta over its new, text-based app called Threads, according to a letter obtained by Semafor. In a Wednesday letter addressed to Meta CEO Mark Zuckerberg, Alex Spiro, an attorney representing Twitter, accused Meta of unlawfully using Twitter’s trade secrets and other intellectual property by hiring former Twitter … Read more

Mark Zuckerberg’s first tweet in over a decade is playful jab at Elon Musk’s Twitter

[ad_1] Mark Zuckerberg’s new “Twitter killer” app Threads has officially arrived. And the CEO of its parent company Meta took no time to use it as an opportunity to take a jab at the social media platform owned by his business rival Elon Musk.  Zuckerberg hadn’t tweeted since January 18, 2012, at which time he … Read more

Meta To End News Content On FB, Insta For Users In Canada

[ad_1] San Francisco: As the Canadian government passed Bill C-18, the Online News Act, Meta (formerly Facebook) has confirmed that it will discontinue news content on Facebook and Instagram for all users in the country. “Today, we are confirming that news availability will be ended on Facebook and Instagram for all users in Canada … Read more

Meta asks staff to work from office 3 days a week – Times of India

[ad_1] Meta Platforms is asking employees assigned to an office to come in three times a week beginning in September, according to people familiar with the matter, joining a clampdown on remote work in the tech industry.The move is part of the company’s broader push to work more efficiently, said one of the people, who … Read more

Meta: Meta fined record $1.3 billion in EU over US data transfers – Times of India

[ad_1] Facebook owner Meta Platforms Inc was hit by a record €1.2 billion ($1.3 billion) European Union privacy fine and given a deadline to stop shipping users’ data to the US after regulators said it failed to protect personal information from the prying eyes of American security services.The social network giant’s continued data transfers to … Read more

Fourth Major Exit In 6 Months! Meta India Executive Manish Chopra Steps Down

[ad_1] New Delhi: Manish Chopra, who oversaw Facebook parent Meta’s partnerships operations in India, has chosen to leave the business after working there for four and a half years. This most recent change represents Meta India’s fourth sizable defection in the previous twelve months.  Ajit Mohan, the former head of India, and Rajiv Aggarwal, the … Read more

Meta To Announce Another Round Of Layoffs Today; Disney Too Plans Layoff Next Week: Reports

[ad_1] Meta has already notified the managers through a memo about the latest job cuts to be announced on Wednesday. Meta, Disney Layoffs: After the previous rounds of sackings, the tech companies are still on the layoff spree After laying off 21,000 employees in two tranches recently, Meta Platforms, the parent company of social media … Read more

Meta: Meta prepares more layoffs across Facebook, WhatsApp, Instagram – Times of India

[ad_1] SAN FRANCISCO: Meta Platforms Inc is set to commence companywide layoffs on Wednesday as it restructures teams and works toward founder Mark Zuckerberg’s goal of greater efficiency.The Facebook parent company notified managers to prepare to announce job cuts on Wednesday, via a memo seen by Bloomberg News. It indicates Facebook, WhatsApp, Instagram and Reality … Read more

Gaming Giant EA, Creator Of Popular Soccer Game ‘FIFA’, To Lay Off 6% Workforce Amid Potential Economic Downturn

[ad_1] New Delhi: Electronic Arts Inc (EA.O) said on Wednesday it would lay off about 6% of its workforce and reduce office space, making it the latest major videogame publisher to announce job cuts. Technology firms have led the latest round of layoffs as U.S. companies brace for a potential economic downturn amid rising interest rates around the … Read more