How Meta's Bold Move To Train AI With UK Social Media Data Defies EU Laws Amid Struggling Stock Performance
Portfolio Pulse from Zaheer Anwari
Meta Platforms Inc is using UK Facebook and Instagram posts for AI training, defying EU privacy laws. Privacy groups criticize this move, and the ICO will monitor compliance. Meta's stock faces resistance at $540, with investors watching for a breakthrough.
September 16, 2024 | 1:31 pm
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Meta Platforms Inc is using UK social media data for AI training, despite EU privacy laws. This raises privacy concerns and regulatory scrutiny. Meanwhile, Meta's stock faces resistance at $540, with potential implications for its short-term price movement.
Meta's decision to use UK data for AI training, despite EU laws, could lead to regulatory challenges and public backlash, impacting investor sentiment. However, the stock's technical resistance at $540 is a key focus for investors, as breaking this level could signal a positive trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100