Value Of Facebook Parent Meta Drops $240 Billion In Company's Worst Trading Day
Meta Platforms, the company formerly known as Facebook, just had its worst trading day in its history as a public company.
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Meta Platforms, the company formerly known as Facebook, just had its worst trading day in its history as a public company.
Meta on Monday announced its new AI Research SuperCluster (RSC), a supercomputer meant to be used for AI research projects.
A wrongful death lawsuit against Facebook, which recently changed its name to Meta, was filed Thursday on behalf of the sister of a federal officer shot and killed in Oakland by an alleged member of an extremist group, attorneys for the woman said.
The House Select Committee investigating the January 6 Capitol insurrection issued subpoenas Thursday to Silicon Valley social media giants Meta, Alphabet, Twitter and Reddit after receiving 'inadequate responses' to voluntary requests for information.
The annual CES gadget convention will be three days instead of four following an uptick of COVID-19 cases and the withdrawal of some of its best-known tech presenters.
CES, is going ahead with plans to hold an in-person event in two weeks, even as a growing number of prominent technology companies are pulling the plug on their plans to attend in person amid a surge in Covid-19 cases.
Individual users, not tech platforms, shoulder the responsibility for the spread of misinformation online, according to Andrew Bosworth, a top exec at Meta, the company formerly known as Facebook.
A disinformation network with ties to China used hundreds of fake social media accounts — including one belonging to a fictitious Swiss biologist — to spread an unfounded claim that the U.S. pressured scientists to blame China for the coronavirus.
Earlier this month, Facebook said they would shut down their facial recognition technology, deleting the faceprints of more than 1 billion people. However, tech expert Carla Franklin says they are still using it in some ways.
Ohio's largest public employee pension fund has sued Facebook, alleging that it broke federal securities law by purposely misleading the public about the negative effects of its social platforms and algorithms.
Facebook said it will shut down its face-recognition system and delete the faceprints of more than 1 billion people.
Under fire in the media and in Washington, Facebook CEO Mark Zuckerberg announced Thursday he was changing the name of the company he founded to 'Meta' reflecting the social media giant's attempt to pivot to its "next chapter" and away from the controversy embroiling it.
Tesla just became the sixth company in US history to be worth $1 trillion, joining three other Silicon Valley giants that have reached that milestone.
Facebook researchers in 2019 created three dummy accounts to study the platform's technology for recommending content in the News Feed. The first was for a user in India, its biggest market. Then it created two more test accounts to represent a conservative American user and a liberal one.
As supporters of Donald Trump stormed the U.S. Capitol on Jan. 6th, battling police and forcing lawmakers into hiding, an insurrection of a different kind was taking place inside the world's largest social media company.
A new whistleblower is taking on Menlo Park-based Facebook just a couple weeks after Frances Haugen testified to members of Congress the tech giant chooses profit over safety.
Snapchat's corporate parent disclosed Thursday that its ad sales are being hurt by a privacy crackdown that rolled out on Apple's iPhones earlier this year
Facebook's semi-independent oversight board says the company has fallen short of full disclosure on its internal system that exempts high-profile users from some or all of its content rules.
Facebook is paying a $4.75 million fine and up to $9.5 million to eligible victims to resolve the Justice Department's allegations that it discriminated against U.S. workers in favor of foreigners with special visas to fill high-paying jobs.
The company said in a blog post Sunday that 10,000 high-skilled workers will help build "the metaverse," a futuristic notion for connecting online that uses augmented and virtual reality.
Facebook will expand its policies on harassment to remove more harmful content, the company said Wednesday in its latest change following congressional testimony from a whistleblower who faulted the social media giant for not doing enough to stop harmful content.
The family of a slain journalist is asking the Federal Trade Commission to take action against Facebook for failing to remove online footage of her shooting death.
Facebook, in the aftermath of damning testimony that its platforms harm children, will be introducing several features, including prompting teens to take a break using its app Instagram and "nudging" teens if they are repeatedly looking at content that's not conducive to their well-being.
For the average person, it's extremely difficult to know how and to what extent your data collected online is being used by various companies.
Facebook founder Mark Zuckerberg took to his social media platform Tuesday night, in an attempt to quell a firestorm of criticism ignited by whistleblower Frances Haugen's '60 Minutes' interview and hours of compelling testimony before a Senate subcommittee.
A Peninsula husband and wife are playing a critical part in helping people rebuild their lives following strokes.
Residents who were displaced by a three-alarm fire at an Oakland apartment building on Monday are now dealing with more uncertainty.
Police said the shooting was related to an armed carjacking and chase that happened just after 2 p.m. Officials have not yet said where the incident first unfolded, but the suspect was in Hollister around 3 p.m. prior to his arrival in San Jose, according to Hollister police.
A crash on the San Mateo-Hayward Bridge that killed one person was the result of distracted driving, according to the California Highway Patrol.
Buster Posey is expected to be the top newcomer on baseball's 2027 Hall of Fame ballot.
A Peninsula husband and wife are playing a critical part in helping people rebuild their lives following strokes.
Residents who were displaced by a three-alarm fire at an Oakland apartment building on Monday are now dealing with more uncertainty.
Police said the shooting was related to an armed carjacking and chase that happened just after 2 p.m. Officials have not yet said where the incident first unfolded, but the suspect was in Hollister around 3 p.m. prior to his arrival in San Jose, according to Hollister police.
A crash on the San Mateo-Hayward Bridge that killed one person was the result of distracted driving, according to the California Highway Patrol.
Buster Posey is expected to be the top newcomer on baseball's 2027 Hall of Fame ballot.
A Peninsula husband and wife are playing a critical part in helping people rebuild their lives following strokes.
Two suspects were arrested following a sideshow in San Francisco's Outer Richmond neighborhood over the weekend, and officers recovered an illegal assault rifle and ammunition, authorities said.
She said she switched parties and voted for Trump in 2024, after supporting Hillary Clinton in 2016, and campaigning for Biden in 2020.
Matter Neuroscience, a tech startup, recently launched the project. Using data from the 2024 elections, the company wanted to connect people in one of the most liberal cities in America with people living in a conservative town of about 130,000 residents.
Police in San Francisco are searching for a group of young people suspected of robbing and assaulting a man along the city's waterfront over the weekend.
Residents who were displaced by a three-alarm fire at an Oakland apartment building on Monday are now dealing with more uncertainty.
A crash on the San Mateo-Hayward Bridge that killed one person was the result of distracted driving, according to the California Highway Patrol.
Law enforcement agencies from across the Bay Area and Central Coast, along with the FBI, busted an alleged fuel theft ring in a multi-agency operation Wednesday.
Two people were arrested in Piedmont on Tuesday following a carjacking in Oakland with the help of an automated license plate reader and a neighborhood gate, police said.
The two-story H Mart will be at Pacific Commons Shopping Center in Fremont, and construction is planned for late 2026. In addition to its grocery selections, it will have a food hall, with a variety of fast-casual eateries, restaurants, a bar and entertainment offerings.
Police said the shooting was related to an armed carjacking and chase that happened just after 2 p.m. Officials have not yet said where the incident first unfolded, but the suspect was in Hollister around 3 p.m. prior to his arrival in San Jose, according to Hollister police.
Law enforcement agencies from across the Bay Area and Central Coast, along with the FBI, busted an alleged fuel theft ring in a multi-agency operation Wednesday.
Authorities in Santa Cruz County said they located a body during a search for an elderly woman who went missing in the area more than two months ago.
A 2-alarm fire burned at an apartment building in Sunnyvale on Tuesday morning.
Authorities in Santa Cruz County said they would increase patrols at schools, after a firearm and ammunition were found on a high school campus over the weekend.
The Vallejo Police Department said it will receive additional patrol support from Solano County sheriff's deputies through the end of 2026, as the department deals with staffing shortages.
The county says the levee was structurally damaged by the large tidal pressure, sustaining an estimated $2.6 million in damage.
Authorities in the North Bay said they arrested a wanted felon after he allegedly stole a food delivery driver's vehicle and led police on a pursuit over the weekend.
"Piper Lane Preserve" in Fairfax is officially a home for wildlife after a group of homeowners raised money to buy an acre of land from a housing developer.
A group of protesters and faith leaders held vigil in front of the Sonoma County Adult Detention Facility to draw attention to something that is becoming rare among Bay Area communities.
Buster Posey is expected to be the top newcomer on baseball's 2027 Hall of Fame ballot.
Carlos Beltrán was a nine-time All-Star during his 20-year MLB career. Andruw Jones was a five-time All-Star and won 10 Gold Gloves.
Golden State — with about two weeks until the trade deadline — will have decisions to make about how to attack the remainder of the season without Jimmy Butler.
The Tennessee Titans have agreed to hire Robert Saleh as their coach, hoping he can speed up their rebuild and end the franchise's skid of four straight losing seasons.
A program that had played in a grand total of 13 bowl games in the 130-some years before coach Curt Cignetti arrived in 2024 went on a historic run en route to a 16-0 season and a national title.
Police said the shooting was related to an armed carjacking and chase that happened just after 2 p.m. Officials have not yet said where the incident first unfolded, but the suspect was in Hollister around 3 p.m. prior to his arrival in San Jose, according to Hollister police.
Law enforcement agencies from across the Bay Area and Central Coast, along with the FBI, busted an alleged fuel theft ring in a multi-agency operation Wednesday.
ICE authorized its officers to enter homes without judicial warrants in the cases of people with deportation orders, a sweeping reversal of longstanding rules, according to a whistleblower complaint.
Two people were arrested in Piedmont on Tuesday following a carjacking in Oakland with the help of an automated license plate reader and a neighborhood gate, police said.
Two suspects were arrested following a sideshow in San Francisco's Outer Richmond neighborhood over the weekend, and officers recovered an illegal assault rifle and ammunition, authorities said.
BART riders will be able to book short Uber rides to and from stations through the agency's app, under a partnership announced Tuesday.
Verizon says it's giving a $20 credit to customers affected an outage that disrupted service across the U.S.
Grok faces mounting scrutiny from government officials and advocacy groups after people used the AI chatbot to create sexualized images of minors and women.
Mother of Colorado man who committed suicide in 2025 alleges that OpenAI's AI chatbot told him death was a "beautiful place."
Defense Secretary Pete Hegseth says the Pentagon will start using Elon Musk's AI chatbot Grok. The word comes days after Grok drew global outcry for generating highly sexualized deepfake images.
Over the years, Dr. Rachel Forer has found plenty of ways to take the sting out of going to the dentist. But no matter how hard she tried, fear had a way of creeping in.
Officials in San Mateo County are the latest in the Bay Area to warn residents to not forage for wild mushrooms, amid a rise in mushroom poisonings that have led to illnesses and even deaths.
The Bay Area's Spare the Air alert has been extended to at least Saturday as a high-pressure system is expected to hang around and impact air quality.
Kaiser Permanente has reached a lawsuit settlement over alleged patient data breaches involving Kaiser websites and mobile applications, with members eligible to receive a payment from a $46 million settlement fund, the health care giant announced.
Several East Bay hospitals that serve Alameda County's most vulnerable residents have issued layoff notices to staff, citing major federal cuts to Medicaid that administrators say will significantly affect their finances.
ICE authorized its officers to enter homes without judicial warrants in the cases of people with deportation orders, a sweeping reversal of longstanding rules, according to a whistleblower complaint.
President Trump told world leaders, CEOs and policymakers at the Davos economic forum that he wouldn't use force to take control of Greenland.
She said she switched parties and voted for Trump in 2024, after supporting Hillary Clinton in 2016, and campaigning for Biden in 2020.
After returning to Joint Base Andrews, President Trump departed for Davos about one hour later aboard a second aircraft.
The county says the levee was structurally damaged by the large tidal pressure, sustaining an estimated $2.6 million in damage.
The billionaire and philanthropist MacKenzie Scott donated $45 million to The Trevor Project, a nonprofit focused on suicide prevention and advocacy for LGBTQ young people.
Oasis nightclub announced plans to close six months ago. New Year's Eve was slated for the final performance. A last-minute, multi-million dollar donation turned the final curtain call into an encore performance.
A 16-year FBI employee has filed a lawsuit alleging he was fired last month because he had a Pride flag displayed near his desk.
A group of transgender members of the U.S. Air Force and Space Force forced to leave active duty under the Trump administration's policies say their benefits were revoked in a rare move.
California state Sen. Scott Wiener of San Francisco announced Wednesday that he is running for Nancy Pelosi's congressional seat next year.
The 2026 Songwriters Hall of Fame inductees were revealed on "CBS Mornings" on Wednesday. See the full list.
The two-story H Mart will be at Pacific Commons Shopping Center in Fremont, and construction is planned for late 2026. In addition to its grocery selections, it will have a food hall, with a variety of fast-casual eateries, restaurants, a bar and entertainment offerings.
The National Football League will kick off Super Bowl LX with an opening ceremony performance by hometown rock legends Green Day as part of the festivities at Levi's Stadium in Santa Clara, the league announced Sunday.
The original member of the Grateful Dead had tirelessly carried on the band's music for three decades, and on Saturday, the City of San Francisco said goodbye in a public memorial called The Homecoming.
The livestream unfolded with his team from LaRussell's garage, where he connected with fans through Instagram Live. During the broadcast, one woman shared that she was facing eviction. LaRussell covered the exact amount she needed to remain in her home.
Ever since the COVID-19 pandemic, the Oakland Unified School District has seen an alarming spike in the number of unhoused students in the school system who deal with a host of challenges far beyond what most children face.
Meteorologist and CBS News Bay Area's resident pilot Lt. Jessica Burch got a treat during Fleet Week, taking to the skies with one of the Blue Angels.
A Bay Area man discovered his devastating loss left him with a new opportunity to rethink how he lives -- follow his journey in virtual reality, 360-degree video.
A groundbreaking medical study involving the UCSF Medical Center has shown some colorectal cancer patients can safely skip radiation treatment and enjoy a potentially higher quality of life.
Every day, San Francisco bar pilot Captain Zach Kellerman goes through what might just be the world's most dangerous commute.
A San Jose police sergeant was shot following a carjacking on Wednesday. Police said the suspect died after being run over by a patrol car. Website: http://kpix.com/ YouTube: http://www.youtube.com/CBSSanFrancisco Facebook: https://www.facebook.com/CBSSanFrancisco Instagram: https://www.instagram.com/kpixtv/ Twitter: https://twitter.com/KPIXtv
Debra Meyerson and Steven Zuckerman know that besides the physical impact of stroke, there is a second trauma - an emotional one - that also needs healing. Sharon Chin reports.
Meteorologist Zoe Mintz says not much change in conditions over the next five to seven days.
Some residents displaced following an apartment fire in Oakland on Monday received a letter informing them their leases were being terminated just hours after the fire. Amanda Hari reports.
Oakland Mayor Barbara Lee announced that two major corporations will fund the relaunch of the city's police cadet program. Katie Nielsen reports.
In 2025, KPIX is moving to a new community service award: the CBS News Bay Area Icon Award. Submit nominations for an outstanding community hero at kpix.com/icon.
It's the most wonderful time of the year for a South Bay woman who has played Mrs. Claus for more than 40 years for the children of North San Jose's Alviso District.
For residents of the Oakland Hills, the prospect of another wildfire always remains a concern. This week's Jefferson Awards winner has made it his mission to make the hills and other high-risk areas safer.
In East Palo Alto -- where state education numbers show more than nine in ten public school students are low income and more than half are English learners -- many are finding hope and connection at the Boys & Girls Clubs of the Peninsula.
This week's Jefferson Award winner is Army veteran who continues to live a life of service into his 80s, by feeding hundreds of San Francisco families a week.
A Bay Area man who overcame tremendous obstacles to excel in school has made it his mission to gear up other students for success in the classroom and in life.
For Students Rising Above scholar Josh Collins it took moving across the country to realize the value of his Bay Area family.
Samir Hooker had to grow up fast after his stepfather was shot dead 12 years ago. Now he is watching over his mom and sister while attending UC Berkeley.
It's hard enough to graduate from one of the most prestigious schools in the country when you're the first in your family to go to college. Imagine doing that while you're also trying to protect your parents from being deported?
Some students who are the first in their families to go to college face the challenge of balancing a rigorous academic load while still working to help support their family back home.