Tech industry
fromComputerworld
2 hours agoMeta considers becoming a hyperscaler
Meta receives requests to offer APIs or sell premium compute, but plans to use its capacity internally until overbuilt, while AI demand is rising.
Since its founding, Meta hasn't been shy about purchasing various companies. From WhatsApp and Instagram, to smaller unknown companies it's now fully integrated, the social media giant has spent quite a fair bit on buying up the competition. Over 100 purchases have been made, which owner Mark Zuckerberg has said is always to grab the talent, not the company itself.
Social media companies including Meta have settled the first of many lawsuits brought by hundreds of school districts seeking compensation for costs they say they incurred dealing with harms to children's mental health from social media addiction. The lawsuit brought by a small, rural Kentucky school district was set to go to trial next month in federal court in Oakland, California. The judge and the parties selected it as a bellwether case - essentially a test for both sides to see how their arguments play out before a jury - out of 1,200 similar cases. The settlement only applies to the Breathitt County School District.