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.
On Christmas Day, kitchens across America hum with familiar activity. Vegetables are chopped. Pots are stirred, and cooks prepare meals for the people they love.
It was a dark and dreary Christmas night for many people throughout the Bay Area, but especially for those in and around Half Moon Bay.
Stephen Curry scored 23 points and knocked down a key 3-pointer with 3:45 left to help seal it, Jimmy Butler added 14 points, nine assists and nine rebounds, and the Golden State Warriors beat the Dallas Mavericks 126-116.
A gasoline tanker overturned on U.S. Highway 101 in San Jose Thursday morning, blocking traffic for hours, authorities said.
The strikes come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
On Christmas Day, kitchens across America hum with familiar activity. Vegetables are chopped. Pots are stirred, and cooks prepare meals for the people they love.
It was a dark and dreary Christmas night for many people throughout the Bay Area, but especially for those in and around Half Moon Bay.
Stephen Curry scored 23 points and knocked down a key 3-pointer with 3:45 left to help seal it, Jimmy Butler added 14 points, nine assists and nine rebounds, and the Golden State Warriors beat the Dallas Mavericks 126-116.
A gasoline tanker overturned on U.S. Highway 101 in San Jose Thursday morning, blocking traffic for hours, authorities said.
Widespread storm-related damage was reported across the Bay Area and Central Coast on Thursday, as residents awoke Christmas morning to multiple downed trees, power outages, flooding, and other storm impacts.
On Christmas Day, kitchens across America hum with familiar activity. Vegetables are chopped. Pots are stirred, and cooks prepare meals for the people they love.
It was a dark and dreary Christmas night for many people throughout the Bay Area, but especially for those in and around Half Moon Bay.
Peninsula residents dealt with a variety of weather-related issues on Christmas Eve, from flooding to outages.
A San Francisco man convicted of sexually assaulting two of his relatives was sentenced to a lengthy prison term, prosecutors announced Tuesday.
The winter weather is affecting flights at San Francisco airport, and some holiday travelers say they are experiencing over hour-long delays.
A police officer in Brentwood shot and killed a man with a rifle during a traffic stop on Wednesday, authorities said.
The closure is due to the storm affecting the electrical system. Bores 2 and 4 will stay open.
Another minor earthquake struck San Ramon on Wednesday morning, the latest in a series of small quakes in the area, authorities said.
A shooting in Oakland over the weekend left four people injured, police said Monday.
A person who was fleeing from police in Antioch was hit and killed by a vehicle on Highway 4 in Antioch on Monday, authorities said.
A gasoline tanker overturned on U.S. Highway 101 in San Jose Thursday morning, blocking traffic for hours, authorities said.
Tens of thousands of PG&E customers across the Bay Area are again without power on Christmas morning after another wet and windy storm moves through Northern California.
A San Jose school district will pay $5.75 million to settle a lawsuit alleging that a teacher impregnated a student decades ago, forced her to have an abortion, and continued to abuse her.
Wyatt Johnston scored twice and the Dallas Stars beat the San Jose Sharks 5–3.
A chance encounter at the University of California, Santa Cruz, has led to the restoration of a long-time, massive display of a blue whale skeleton display at the university.
Heavier rainfall and stronger winds prompted small businesses in low-lying flood-prone areas like Goodman Building Supply in Mill Valley to place sandbags in front of their entrance.
Soskin became a park ranger when she was 84 and worked at the Rosie the Riveter National Historical Park in Richmond. She was 100 when she retired.
The National Park Service said two people were captured on video throwing rocks at an elephant seal that was resting on a Point Reyes National Seashore beach on Dec. 6.
Despite rain in the forecast, much of Saturday in Santa Rosa remained dry, giving residents a brief window to run errands, enjoy the outdoors and prepare for the storms expected in the days ahead.
Widespread rain will begin in the afternoon and continue into the evening, and a flood watch will go into effect at 4 p.m. until 4 p.m. Monday for the North Bay.
Stephen Curry scored 23 points and knocked down a key 3-pointer with 3:45 left to help seal it, Jimmy Butler added 14 points, nine assists and nine rebounds, and the Golden State Warriors beat the Dallas Mavericks 126-116.
Brock Purdy threw a career-high five touchdown passes and Dee Winters returned an interception 74 yards for a score to lead the San Francisco 49ers to a 48-27 victory at Indianapolis.
Stephen Curry had 28 points, nine rebounds and six assists, Jimmy Butler scored 25 points, and the Golden State Warriors snapped a three-game losing streak by beating the Phoenix Suns 119-116.
As the San Francisco Giants prepare for the upcoming season, the team has made an acquisition beyond baseball, purchasing the historic Curran Theatre near Union Square.
Wyatt Johnston scored twice and the Dallas Stars beat the San Jose Sharks 5–3.
A police officer in Brentwood shot and killed a man with a rifle during a traffic stop on Wednesday, authorities said.
Police said officers learned the shooting happened on the 400 block of Cottonwood Drive and that they have launched an investigation.
A San Francisco man convicted of sexually assaulting two of his relatives was sentenced to a lengthy prison term, prosecutors announced Tuesday.
A prominent California farmer was arrested in the shooting death of his estranged wife in a remote mountain community in Arizona, authorities said.
The Lake County Sheriff's Office said three people from Sacramento and one from the Bay Area were arrested as suspects in burglaries that happened in Upper Lake, Nice and Ukiah.
Instacart had drawn criticism for testing an AI-based system that enabled retailers to charge different prices for the same grocery items.
Sports betting companies face mounting competition from rapidly growing prediction markets such as Kalshi and Polymarket.
Instacart's "unlawful tactics" hurt shoppers and raised the cost of groceries, according to the FTC.
The lack of fuel availability for hydrogen fuel-cell vehicles has prompted 700 Mirai owners to sue Toyota, an attorney said.
The DMV said it is giving Tesla Motors 60 days to address its misleading use of "autopilot," or it could have its dealer license temporarily suspended.
Millions of people with an Affordable Care Act health plan face a massive jump in premiums next year — this chart shows just how much.
A California digital health company and a Florida medical practice have been indicted in an alleged $100 million scheme to illegally distribute Adderall over the internet to patients across the country who didn't need it, federal prosecutors said Wednesday.
"I don't know how I'm going to pay for this," said one person with an Affordable Care Act plan that will cost her $1,100 a month starting in January.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Officials in Monterey County have issued a warning to people foraging for wild mushrooms amid a rise in poisonings.
The strikes come after President Trump spent weeks accusing the West African country's government of failing to rein in the persecution of Christians.
President Trump said TV broadcast licenses should be revoked if newscasts and late-night shows are almost entirely negative about him and the GOP.
President Trump has overhauled parts of the White House at a sprinter's pace with virtually no oversight, and it appears there is little standing in his way.
The Education Department signaled earlier this year that it would move to resume wage garnishment, among other forms of involuntary collection, for those in default.
ICE has filed more than 8,000 requests to toss out asylum claims in immigration court, asking judges to send immigrants to third-party countries.
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.
Advocacy group The Trevor Projected released data from the first year of a study following more than 1,600 LGBTQ+ youth across the country.
A former Yosemite employee says they've been fired by the National Park Service, three months after flying a transgender pride flag from El Capitan.
The singer said an MRI showed a cancerous spot on one of his lungs after he recovered from a lengthy bout of bronchitis.
Chris Rea found fame in the 1980s in Britain with hits such as "Fool (If You Think It's Over)" and "Let's Dance."
James Ransone, the actor who played Ziggy Sobotka in the HBO series "The Wire" and appeared in many other TV shows and movies, has died.
Comedian and actor Bowen Yang performed his final sketch on "SNL" Saturday night, after announcing his unexpected mid-season exit from the show.
As the San Francisco Giants prepare for the upcoming season, the team has made an acquisition beyond baseball, purchasing the historic Curran Theatre near Union Square.
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.
Kara St. Cyr reports.
San Francisco's St. Anthony's Foundation held its annual Christmas feast in the heart of the Tenderloin, a neighborhood where need is visible, persistent, and growing. Itay Hod reports.
Reporter Da Lin was at San Francisco's Pier 39 for his annual tradition of getting people to say what they are thankful for on Christmas.
Interview with Petaluma City Councilmember Brian Barnacle and Nick Agius with Redwood Empire Food Bank
Meteorologist Darren Peck says the stormy weather and flood fears in the Bay Area will continue Thursday evening into Friday.
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.