Meta Fined €251 Million in Ireland for Data Breach
Irish Data Protection Commission (DPC) fined Meta Platform Ireland €251 million after two inquiries into a data breach that impacted approximately 29 million global Facebook accounts.
Media reports revealed Meta Platforms plans to release a competitor to Twitter in the form of a standalone app based on Instagram. At the staff meeting, the social media company also spoke about the AI systems it is currently working on.
Publications, including The Verge and The Wall Street Journal, claim that Meta plans to release what chief product officer Chris Cox described as its response to Twitter. In an apparent reference to changes to Twitter, Cox reportedly said Meta plans to meet calls from creators and public figures. Coding for the new app started in January and will be released as soon as the company is able.
Bloomberg noted Meta executives also outlined a series of planned updates for its products using AI. These include chatbots for WhatsApp and Messenger claimed to have different personas and use cases, and an AI editing tool for Instagram Stories. It also plans various internal AI applications including support bots.