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2 weeks ago | 
business-standard.com | Kurt Wagner |Rachel Metz |Shirin Ghaffary
Meta said Thursday that it has backed Scale, without including details. The size of the investment was $14.3 billion, according to a person familiar with the matter. The deal values the startup at more than $29 billion, including the money raised, Scale said in a blog post Thursday. As part of the investment, Scale CEO and co-founder Alexandr Wang is set to take on a new role at Meta on its AI team.
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2 weeks ago | 
business-standard.com | Shirin Ghaffary |Kurt Wagner |Riley Griffin
Jack Rae, a principal researcher at Google DeepMind, is expected to join Meta's "superintelligence" team, according to multiple people familiar with the matter, who spoke on condition of anonymity as the information is not public. Meta has also recruited Johan Schalkwyk, a machine learning lead at AI voice startup Sesame AI Inc., other people said.
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1 month ago | 
watoday.com.au | Dana Hull |Kurt Wagner
Exponential Interactive, Inc d/b/a VDX.tvCookie duration: 90 (days). Data collected and processed: IP addresses, Device identifiers, Probabilistic identifiers, Browsing and interaction data, Non-precise location data, Users’ profiles, Privacy choicesmoreCookie duration resets each session. View details | Storage details | Privacy policyConsentCookie duration: 365 (days).
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1 month ago | 
smh.com.au | Dana Hull |Kurt Wagner
By Dana Hull and Kurt Wagner May 1, 2025 — 5.43am, register or subscribe to save articles for later. Add articles to your saved list and come back to them any time. Elon Musk bounded into Washington as a special government employee earlier this year. Gaining unprecedented access to the corridors of power and data, the billionaire injected a sense of chaos across the US government.
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2 months ago | 
business-standard.com | Stephanie Lai |Kurt Wagner |Annmarie Hordern
President Donald Trump had nearly clinched an agreement with TikTok's Chinese owner ByteDance Ltd. that would spare the popular app from a US ban, but the deal was scuttled after China withheld its approval following this week's tariff announcement, according to a person familiar with the matter.
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Feb 26, 2025 | 
spokesman.com | Kurt Wagner |Malathi Nayak
Former Twitter employees are scoring early victories in legal challenges to Elon Musk’s mass layoffs when he bought the company in 2022. Four ex-Twitter workers have prevailed in a recent series of closed-door arbitration proceedings over claims they were illegally denied severance, according to a memo seen by Bloomberg News.
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Jan 28, 2025 | 
japantimes.co.jp | Kurt Wagner |Riley Griffin
Mark Zuckerberg has long championed Meta’s open-source approach to artificial intelligence software — which lets other companies access and build on top of its technology — saying that having an American model as the underpinning of new products was key to ensuring U.S. dominance over China in AI.
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Jan 19, 2025 | 
business-standard.com | Alexandra Levine |Kurt Wagner
Donald Trump pledged Sunday to delay enforcement of a national security law that threatened to ban TikTok, but it's not clear that the app's Chinese parent company has satisfied the requirements necessary to extend the deadline to find a possible buyer and avoid a permanent shutdown. There are also questions about whether the extension would be legal once the ban kicked in on Sunday.
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Nov 1, 2024 | 
business-standard.com | Biz Carson |Kurt Wagner
Elon Musk's X is lagging behind on its political advertising disclosures, making it harder for outsiders to understand how politicians and PACs are using the social network to influence the upcoming election. X, formerly known as Twitter, last updated its political ads library on Oct. 25. The company typically refreshes the list - a spreadsheet detailing political ad spending on its site - every two business days.
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Oct 23, 2024 | 
business-standard.com | Kurt Wagner
By Kurt Wagner Facebook parent company Meta Platforms Inc has removed several accounts across Threads and Instagram that were used to track celebrities' private jets, including the jet owned by its Chief Executive Officer Mark Zuckerberg, citing a risk of "physical harm."The accounts, which rely on publicly available information to track a jet's location and CO2 emissions, among other details, were banned without warning this week after Meta updated its privacy policy.
