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.

An outdated Samsung handset has been linked to a fatal failure in emergency call services in Australia. The incident raises concerns about the reliability of older technology in critical situations, highlighting potential risks for users relying on such devices.

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. 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.