Meta in talks to spend billions on Google's chips
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Amazon already moved over 40,000 units of the Meta Quest 3S since Black Friday started which makes it one of Amazon’s best-selling products and proves that VR headsets hit differently when they’re actually affordable and convenient.
Meta Platforms on Wednesday hit out at EU antitrust regulators for what it said were "aberrant" requests for information during two investigations four years ago, underscoring the increasing pushback by companies against what they see as disproportionate regulatory demands.
Meta allegedly suspended internal research into the mental health effects of its products after it showed that people who stopped using Facebook experienced less depression, anxiety and loneliness. This comes from unredacted court filings in a lawsuit filed by multiple US school districts against major social media companies,
Meta shelved an internal study linking the use of Facebook to effects on users' mental health, a brief filed in a California federal court indicates.
Court filings allege Meta tolerated sex trafficking, hid harms to teens, and prioritized growth over user safety for years.
A potential move from Meta to diversify away from Nvidia's chips could wind up powering wins for the social-media giant's long-term investors.
Meta employee testified that the tech company allowed 17 strikes before it suspended accounts for sex trafficking, court documents say.
Note that Best Buy is offering similar Meta Quest 3S deals for Black Friday, but with a $50 Best Buy gift card. Amazon credit is arguably more versatile than a Best Buy gift card, but you should go with the Best Buy deal if you prefer to get The Walking Dead: Saints and Sinners instead of Gorilla Tag as your free game.
The lawmakers say Meta's platforms may be implicated in "about a third of all US scams" and linked to more than $50 billion in consumer losses last year.
Meta shut down internal research into the mental health effects of Facebook after finding causal evidence that its products harmed users’ mental health, according to unredacted filings in a lawsuit by U.S. school districts against Meta and other social media platforms.
Long-time analyst Bob Lang, a market veteran who's navigated Wall Street since before the Great Financial Crisis, thinks Meta Platforms' shares have fallen enough to make them "buy the dip" worthy.