Meta Settles Cambridge Analytica-Related Claims for $190 Million

Meta is introducing usernames for Facebook Groups, allowing users to create unique identifiers for their profiles within group settings. This feature aims to enhance user interaction and make it easier to identify members in various groups. The rollout is expected to improve the overall experience for users participating in group discussions.

Meta Platforms Inc. is entering the electricity trading market, aiming to expedite the development of new power plants in the U.S. that are essential for its artificial intelligence initiatives. This strategic move reflects the company's commitment to securing energy resources to support its growing AI operations.

Meta has begun notifying young Australians to download their data and delete their accounts from Facebook, Instagram, and Threads. This action comes amid discussions of a potential social media ban targeting these platforms for users under 16 in Australia.

Dr. Yann LeCun, a leading figure in artificial intelligence, has announced his departure from Meta following a restructuring of the company's AI initiatives. This move comes as CEO Mark Zuckerberg aims to enhance Meta's position in the competitive tech landscape. LeCun has previously expressed skepticism about the potential of large language models achieving superintelligence.

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.