Meta is in court against monopoly claims
The US Federal Trade Commission’s (FTC) lawyer on Thursday asked Facebook CEO Mark Zuckerberg to remember the time when FTC had accused Facebook of locking out other companies following its acquisition of photo-sharing service Instagram. “When you were the CEO of Instagram,” Matheson asked Zuckerberg. “We were locked out of Instagram for a year…[and] I didn’t even have an account,” Zuckerberg replied.
Trump account suspension lawsuit will be settled by $25 million from Meta
US President Donald Trump has reached a $25-million (over 182 crore) settlement over the lawsuit he filed against Facebook and Chairman Mark Zuckerberg for “impermissible censorship”. Trump had claimed that Facebook suspended his account after it was requested by the government to do so. He also alleged that Meta, a fact-checking website, was acting at the government’s request when it suspended his accounts.
Microsoft has tripled down on artificial intelligence
Microsoft, in an interview with Bloomberg, revealed it’s creating a new group of AI engineers as part of its transformation into a technology company. Microsoft said it is combining its AI platform work with its developer division to build software solutions for customers and their own teams. This comes after Facebook CEO Mark Zuckerberg predicted that AI-powered apps would be built by AI engineers.