Meta Warns of Compliance Errors as Australian Under-16 Ban Nears

Citadel Securities LLC has initiated trading for two baskets of corporate bonds from major tech companies including Microsoft Corp., Amazon.com Inc., Alphabet Inc., and Meta Platforms Inc. This move comes as investors seek more liquid options to engage in substantial investments in artificial intelligence.

Yann LeCun, a prominent artificial intelligence pioneer and head of a research lab at Meta Platforms Inc., has announced his departure from the company at the end of the year to launch a new startup, as revealed in a memo obtained by Bloomberg News.

Meta Platforms Inc. has announced the release of SAM 3 and SAM 3D, new open-source computer vision models designed for the detection, segmentation, and tracking of objects in images and videos. SAM 3D is particularly notable for its capability to reconstruct both objects and humans in three dimensions, enhancing the functionality of Meta's existing suite of image segmentation tools.

Meta Platforms Inc. achieved a significant legal victory in federal antitrust court, as a judge ruled that the company does not need to divest its acquisitions of Instagram and WhatsApp, concluding that it is not a monopoly. This decision comes amidst ongoing scrutiny of Meta's market practices, although the judge's reasoning may have implications for the company's future operations.

Meta Platforms Inc. Chief Revenue Officer John Hegeman is departing after 17 years with the company. This leadership change comes alongside the exit of Clara Shih, who joined in November 2024 to head the Business AI unit. The departures are part of a broader reshuffle within Meta's leadership team, signaling potential shifts in the company's strategic direction as it navigates the evolving landscape of social media and artificial intelligence.

Meta Platforms Inc. has announced the departure of its Chief Revenue Officer, John Hegeman, amid a significant leadership reshuffle. This change comes as the company faces mounting pressure to execute its ambitious and costly artificial intelligence strategy. Hegeman's exit is part of a broader shift within the organization as it seeks to adapt to evolving market demands and internal challenges.