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Meta’s AI tells Facebook user it has disabled, gifted child in response to parent asking for advice | Science & Tech News
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Meta’s AI has told a Facebook user it has a disabled child that was part of a New York gifted and talented programme. An anonymous parent posted in a private parenting group, asking for advice on which New York education programme would suit their child. They described the child as ‘2e’ which stands for twice-exceptional…
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Apple, Meta and Google parent company investigated by EU | Science & Tech News
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Apple, Meta and Google’s parent company are being investigated by the European Union under new laws designed to clamp down on the market power of the world’s tech giants. The Digital Markets Act (DMA) came into force at the beginning of March and aims to tackle “gatekeeping” behaviour among tech giants. If the companies are…
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Meta share price surges as Facebook’s parent company announces dividend for first time | Business News
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Shares in Facebook’s parent company Meta have soared after it was announced that dividends will be paid to investors for the first time. Stock in the tech giant surged by more than 15% – adding more than £110bn to its valuation. To put this into context, that rise alone is five times higher than the…
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Facebook parent Meta reveals 55% drop in profits after mass layoffs | Business News
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Facebook’s parent firm recorded a 55% drop in profits during the final quarter of 2022 – the result of a $4.2bn restructuring charge that included the cost of thousands of job cuts. Meta Platforms, which also includes WhatsApp and Instagram in its stable, said its net income profit measure slumped to $4.65bn between October and…
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Google job fears in UK and Ireland as parent firm Alphabet slashes 12,000 staff globally | Business News
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Google workers in the UK and Ireland face uncertainty after its parent company Alphabet announced 12,000 jobs are to be axed globally. The Silicon Valley giant employs more than 5,000 staff in both countries, but the company would not be drawn on how the mass redundancies would impact them. The “difficult news” about the job…
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Facebook parent Meta reports fall in quarterly revenue – but still beats expectations | Business News
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Facebook parent Meta has beaten estimates for its quarterly revenue, helped by its continued dominance of the online advertising market. Revenue in the third quarter fell for a second consecutive time to $27.71bn (£23.83bn) from $29.01bn (£24.94bn). But it was still above analysts’ expectation of $27.38bn (£23.54bn), according to Refinitiv data. Net income fell to…