Meta nabs Apple AI chief – a win for Zuckerberg or a sign of Apple’s weakness? Meta has reportedly secured another coup in the escalating race for AI dominance, poaching Apple’s head of AI models, Rooming Pang, in a deal said to be worth tens of millions of dollar a year. While Pang’s defection might be viewed as a clear win for Mark Zuckerberg’s much-hyped ‘super intelligence’ project, it also casts [...]
Meta’s billion-dollar AI talent hunt sparks broader jobs reckoning Tech Meta is offering some of the most lucrative recruitment packages in tech history, as chief executive Mark Zuckerberg leads an aggressive hiring push to reposition the firm as a leader in generative artificial intelligence (AI). The member of the so-called magnificent seven has offered signing bonuses of up to $100 (£79m) to lure top talent [...]
Cannes Lions: Ad agencies are subsidising their own AI displacement Opinion It may have been all smiles at Cannes, but behind closed doors the future of AI poses a huge threat to ad agencies, writes Paul Armstrong.
Inside the privacy risks of Meta’s new AI app June 16, 2025 Meta’s push into consumer-facing AI has triggered a wave of concern among privacy experts and regulators, as its new chatbot app quietly exposes sensitive user data through a public-facing feed – an issue that has surfaced in multiple jurisdictions, including the UK. Launched in April, the standalone Meta AI app integrates directly with users’ Facebook [...]
MPs demand answers from Meta on finfluencers complaints June 6, 2025 An influential group of MPs has demanded that Meta outline its track record responding to requests to remove damaging content from finfluencers, after the Financial Conduct Authority (FCA) named the Facebook and Instagram owner as the sector’s worst offender. Chair of the Treasury Committee Meg Hillier issued a letter to the social media giant earlier [...]
Meta surges on bold AI spend – but tariff risks loom May 1, 2025 Meta platforms delivered strong first quarter earnings after market close on Wednesday, with revenue and profit surpassing Wall Street expectations thanks to continued growth in advertising and an aggressive push into AI. But the firm’s exposure to global trade tensions and regulatory headwinds in its European market present a complicated picture for investors evaluating the [...]
Trump’s first 100 days: From stock market carnage to electing Carney April 29, 2025 Tuesday marks President Trump’s second first 100 days. On 29 April 2017, pundits looked back at the opening of the then 45th President’s term as a period that had shaken presidential norms and perhaps lowered the tone. In comparison, these first three months have been an earthquake. Trump has shown himself willing to execute the [...]
Will Zuckerberg have to sell WhatsApp and Instagram? April 14, 2025 Meta Platforms heads to trial on Monday in a landmark antitrust case that could force chief executive Mark Zuckerberg to sell Instagram and WhatsApp – two pillars of its $1.3 trillion (£1 trillion) empire. The Federal Trade Commission (FTC) has alleged that Meta, then Facebook, illegally bought Instagram in 2012, and WhatsApp two years later, [...]
Nigel Farage criticises DEI and says men ‘sacrifice’ more for jobs than women March 28, 2025 Reform UK leader Nigel Farage has criticised diversity, equity and inclusion (DEI) policies and argued men “sacrifice their family lives” for their careers more than women. Speaking at an event in Parliament, the MP for Clacton-on-Sea argued that more men used to be at the top of boardrooms because “the country was white men”. Addressing [...]
Are Londoners losing their jobs thanks to Rachel Reeves’ tax hikes? February 21, 2025 City AM’s opinion and features editor, Alys Denby, discusses the ongoing negative impact of Rachel Reeves’ jobs tax and whether rumours of the death of DEI have been exaggerated – plus more.