Business Highlights: Facebook Data, Tesla Software Recall

Facebook said it will shut down its facerecognition system and delete faceprints of more than 1 billion people. The unexpected announcement, delivered with little fanfare in a blog post published Tuesday, represents an abrupt aboutface for the social network, which first launched use of the technology more than a decade ago. On Thursday, the company renamed itself Meta to focus on new technologies for the metaverse, a possible next iteration of the internet. The company is also embroiled in a larger public relations crisis after leaked documents from whistleblower Frances Haugen showed that it has known about the harms its products cause, yet often did little to mitigate them.

from Business News Today: Latest Business News Headlines | Business Live News Online - News18 News18
Read The Rest:..