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Facebook / Meta declared the worst company of 2021 in survey

TechSpot

Yahoo Finance has a December tradition in which it announces the Company of the Year—Microsoft took the honors in 2021—but this year sees a less-welcome award: the worst firm of the last 12 months.

Survey 111
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Meta fights shutdown of Seattle-area Reality Labs cleanroom by state safety regulators

GeekWire

Meta CEO Mark Zuckerberg demos a neural wristband at Meta Reality Labs in Redmond in 2022, showing the ability to use small muscle movements to control objects on the screen. The dispute involves a cleanroom at Meta’s “Matrix” facility in Redmond, Wash.,

Industry 120
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Data Privacy Enforcement Actions Step Up

Information Week

Regulatory authorities were busy in recent days with enforcement actions and fines for data privacy violations levied at some of the most high-profile technology companies including Twitter, Meta (Facebook), and Clearview AI.

Data 215
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Former Facebook engineers lead Seattle-based investment firm backing data-focused startups

GeekWire

They are all former Facebook engineering leaders who worked at the social media giant more than a decade ago. Grover, based in Seattle, was one of the first employees to work out of Facebook’s offices in Seattle. Siva Kolappa was head of data engineering at Facebook, where he worked from 2008 to 2014.

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Newly-founded AI Alliance promotes collaboration on open and safe AI technology

TechSpot

While major technology companies like OpenAI, Microsoft, and Google have adopted a predominantly closed, private approach to AI technology, a significant portion of the modern technology industry appears inclined to take a different path.

IBM 117
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Spanish media's $600M suit against Meta is based on GDPR noncompliance

Computerworld Vertical IT

Facebook parent company Meta is facing yet another legal challenge over user privacy, as a Spanish media company representing top media outlets in the country is suing the social media giant for $600 million for competitively unfair advertising practices based on noncompliance with the EU's General Data Privacy Regulation (GDPR).

Media 76
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EC to grill Meta on Facebook ‘subscription for no ads’ plan

Computerworld Vertical IT

The European Commission (EC) on Friday said it needs more information from Facebook and Instagram parent company Meta to assess its compliance with applicable privacy and security laws in the European Union (EU).