EU criticizes Meta's 'privacy for cash' business model
by Engadget
Engadget— The European Union doesn't think you should have to choose between giving Meta and other major players your data or your money. In a statement, the European Data Protection Board (EDPB) stated that "consent or pay" models often don't "comply with the requirements for valid consent" when a person must choose between providing their data for behavioral advertising purposes or pay for privacy. The EDPB argues that only offering a paid alternative to data collection shouldn't be the default for...
PPC Land—Large Language Model sparks privacy concerns in the EU. The complaint centers on concerns regarding the model's potential to generate inaccurate information about individuals and OpenAI's apparent inability to address these inaccuracies.
MediaNama—It will take a multi-year investment cycle before Meta’s AI offerings become profitable: Insights from Meta’s Earnings Call. Zuckerberg expressed confidence in monetizing AI through methods like ads and paid access to larger models, leveraging Meta's successful history with scaled technologies.
The Guardian—Fears of Putin swinging elections behind EU’s Meta crackdown. Action against Facebook owner comes amid concerns about how it is dealing with fake newsEU to investigate Meta over misinformation before June pollsFears that Vladimir Putin is trying to fill the European parliament with more pro-Russia MEPs were behind the EU’s blunt message to the Silicon Valley owner of Facebook on Tuesday.It gave Meta just five days to explain how it will root out fake news, fake websites and stop adverts funded by the Kremlin or face severe measures. Continue reading