Meta

A malware campaign disguised as fake crypto apps has exposed over 10 million people worldwide by stealing their personal and crypto data. The malware spreads through deceptive ads and targets browser extensions like MetaMask to access users’ wallets and credentials.

Microsoft is likely to follow the EU’s voluntary AI rules, while Meta has refused to sign, saying the code is too vague and strict. The EU’s code asks AI developers to share data details, follow copyright rules, and manage risks before full enforcement starts in August 2025.

Scale AI has cut 700 jobs, including 200 full-time staff and 500 contractors, as part of a major restructure. The company is narrowing its focus to coding, language and audio data after rapid growth created overlaps and confusion.

OpenAI gave all staff a week off to slow down Meta’s aggressive hiring, after losing several researchers to Zuckerberg’s new AI team. Meta reportedly offered up to $100 million in pay packages, causing anxiety inside OpenAI as leaders scramble to stop more staff from leaving.

Meta has created a new AI division called Meta Superintelligence Labs and hired top researchers from OpenAI, Google DeepMind, and Anthropic. The move has sparked tensions in the industry, with reports of massive bonuses and concerns about a growing talent war.

Meta is launching new smart glasses with Oakley and Prada as it expands into wearable tech. The company is also working on more advanced versions with displays and planning future AR devices.

Meta has offered OpenAI engineers up to $100 million to join its new AI team, but none have accepted. OpenAI’s staff are staying due to belief in the company’s mission, despite Meta’s big pay offers.

Two US senators have questioned Meta over possible stablecoin plans, asking for clear answers on its intentions. They raised concerns about privacy, competition, and Meta’s past failed attempt with Libra.

Mark Zuckerberg is personally leading Meta’s effort to build a top AI team focused on creating advanced artificial intelligence after setbacks with their latest model. The company is investing billions and recruiting experts to improve AI tools and compete with rivals like OpenAI and Google.

Meta announced on 7 May that it removed over 23,000 scam accounts and Pages targeting users in Brazil and India. The scammers used fake celebrity videos and impersonation to promote fraudulent investment and gambling apps.