Meta (META) Fails to Block 1,000+ Scam Ads in UK Despite Pledges, FCA Finds

Meta (META) Fails to Block 1,000+ Scam Ads in UK Despite Pledges, FCA Finds

In a significant blow to Meta’s public commitment to safety, a review by the UK’s financial regulator has revealed that the social media giant failed to block more than 1,000 illegal financial advertisements in a single week, despite repeated vows to purge its platforms of such content. The investigation, led by the Financial Conduct Authority … Read more

Meta and AMD Strike Up 6-Gigawatt Deal For AI Data Centers, Set To Own 10% of The Chipmaker

Meta and AMD Strike Up 6-Gigawatt Deal For AI Data Centers, Set To Own 10% of The Chipmaker

Social media and tech giant Meta Platforms (Nasdaq: META) has reached a multi-billion dollar, multi-year deal to purchase artificial intelligence chips from Advanced Micro Devices (Nasdaq: AMD) to power its data centers. AMD has been slowly gaining ground in the AI compute market as companies look to reduce their reliance on Nvidia (Nasdaq: NVDA). Surging … Read more