Meta postpones new service terms after media criticism and Norwegian court ruling
Meta is postponing the introduction of new terms of service for companies following harsh criticism from media outlets in Europe and the US.
Entertainment
Norwegian Court Halts Meta’s New Terms for Media Companies Amid Content Control Concerns
The Oslo District Court has decided to temporarily halt Meta’s introduction of new terms of use for companies. Norwegian media companies say the terms could lead to them losing control of their own content.
Entertainment
Meta Seeks $95 Billion Share Issue to Fund AI Investments as Stock Falls
Meta needs a huge cash injection and is asking its shareholders for $95 billion to invest in AI. But the stock continues to fall.
Technology
Meta Beats Revenue Expectations as Shares Rise After Hours
Meta beats analysts' expectations in its latest quarterly report. The stock rises in after-hours trading.
Business
Meta Ordered to Pay Nearly $250 Billion for Misleading New Mexico Residents About Facebook
Tech giant Meta, which owns Facebook and Instagram, must pay the equivalent of SEK 247 billion after misleading New Mexico residents about Facebook, a court in the state ruled on Wednesday.
Business
This Week’s Movies and Series: Alex Schulman’s Directorial Debut and the Final Season of Babylon Berlin
Alex Schulman's much-talked-about directorial debut about a class trip gone wrong is getting a theatrical release. It's also time for the final season of the acclaimed German series "Babylon Berlin." Here are this week's movies and series.
TV & film
Trump and AI leaders agree on self-regulation at White House meeting
US President Donald Trump hosted a meeting with leading figures in the US tech industry at the White House on Tuesday. The topic on the table was the future of AI development and growing demands for regulation.
Technology
Meta suffers another legal setback in New Mexico over user privacy claims
Tech giant Meta has suffered another legal setback in New Mexico. A jury in the state has ruled that the company misled users about privacy protections on the platform.
Business
Trump and Xi praise friendship but announce no breakthroughs after White House talks
Donald Trump and Xi Jinping met and declared friendship and cooperation - but the two world leaders gave no new information on the many disputes that keep the great powers apart. "We have built a friendship, a really strong friendship," Trump said.
World politics
AI must be stopped, says Swedish professor as Anthropic calls for slowdown
The question of AI as an existential threat to humanity is highly topical. The CEO of AI company Anthropic is calling for a slowdown, but some experts do not believe that is enough. We need a complete stop, says Olle Häggström, professor of mathematical statistics at Chalmers.
Sweden
Meta and Nvidia CEOs push back on calls to slow AI development
Mark Zuckerberg and Jensen Huang, the CEOs of Meta and Nvidia respectively, do not believe that AI development should be slowed down. They are therefore at odds with their competitors on the issue.
Technology
Meta hit with another multibillion-dollar fine in New Mexico lawsuit
A judge in New Mexico in the USA has ordered tech giant Meta to pay the equivalent of more than five billion kronor in a new lawsuit.
Business
Nvidia CEO Jensen Huang's black leather jacket sells for $960,000 at auction
A black leather jacket worn by Nvidia CEO Jensen Huang has sold for $960,000 at an auction in New York on Friday - far above the expected final price.
Business
Meta is reorganizing ahead of layoffs, reassigning 7,000 employees to AI
Social media giant Meta is facing major internal changes. 7,000 employees will be reassigned to AI, and about ten percent of its workforce is expected to be laid off this week, Bloomberg reports, citing documents.
Technology
Meta does not live up to expectations as shares fall in after-hours trading
Meta, the owner of Facebook, is performing worse than analysts expected. Its shares are falling sharply in after-hours trading in New York.
Business
Thousands of jobs disappear at Meta as company cuts 10 percent of workforce
Meta, the owner of Facebook, plans to cut 10 percent of its workforce on May 20, Bloomberg reports.
Business
Los Angeles jury finds Meta and Google failed to warn users platforms could be addictive
A jury in Los Angeles has ruled that Alphabet, Google's parent company, and Meta, the owner of Facebook, failed to clearly warn users that the platforms could be addictive, CNBC reports.
Business
Meta stops investing in the metaverse and removes Horizon Worlds from VR headsets
Before AI, Meta invested heavily in the metaverse. Now access to the metaverse platform "Horizon Worlds" is being shut off on the company's VR headsets.
Sweden
Sources: Meta plans to fire one in five employees
Tech giant Meta is planning cost cuts that could hit 20 percent of its workforce, three sources told Reuters.
Business
Smart glasses share content - Meta is being sued
Meta is being sued for privacy violations and misleading marketing related to the company's smart glasses, reports TechCrunch.
Business
Review: Meta smart glasses share private content
Sex acts and toilet visits are among the things shared unknowingly via Meta's smart glasses, according to a review by Svenska Dagbladet and Göteborgs-Posten.
Sweden
Zuckerberg says Meta should have identified underage Instagram users earlier
Meta CEO Mark Zuckerberg admits that his company should have been faster when it comes to identifying underage users on Instagram.
World
Publishers report scam ads on Facebook to the European Commission
Publishers are now turning to the European Commission to put a stop to fraudulent ads on Facebook.
SwedenTop news
Zuckerberg in court accused of causing addiction in children
Some of the world's largest companies are accused of allowing millions of children to suffer in order to make money. Meta CEO Mark Zuckerberg is facing the first in a long line of legal cases over what can be offered online to minors - and who is responsible.
WorldMore in Mark Zuckerberg
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