There’s an unwanted first for Facebook. Their parent company, Meta just reported a quarterly decline in revenue for the first time ever. Also, it’s now seen profits drop for three straight quarters.

Meta is preparing to open its first physical store in London, with Oxford Street emerging as the likely location, as the social media giant looks to drive sales of its virtual and augmented reality ...

Meta — the parent company of Facebook, Instagram and Threads — is making good on its promise to tamp down the amount of political posts that users see on their feeds. Meta said in early February that ...

The Open Source Initiative has just set a new international definition for AI that could throw a spanner in the works for tech companies. Meta and some other technology firms rolling out so-called ...

Meta’s Llama does not fit OSI’s new definition. Meta’s Llama does not fit OSI’s new definition. was a senior AI reporter working with The Verge’s policy and tech teams. The Open Source Initiative (OSI ...

Meta and some other technology firms rolling out so-called open source generative artificial intelligence (AI) models are “depriving the pubic from having innovation cycles” and making a profit from ...