Pinterest stock crashes 21% as CEO warns Trump tariffs will damage Q4 revenue despite launching AI-powered shopping assistant and achieving major cost savings through open source AI models.
Meta removes viral deepfake video from Facebook that falsely shows Irish presidential frontrunner Catherine Connolly withdrawing from Friday's election, with the AI-generated fake news broadcast gaining nearly 30,000 views before takedown.
X announces a major overhaul replacing its recommendation algorithm with Grok AI within 4-6 weeks, processing 100 million daily posts to improve content discovery for new users and small accounts, though impact may be limited as users can bypass the algorithmic feed.
Facebook launches AI photo editor across US and Canada that analyzes users' private camera roll photos by uploading them to Meta's cloud servers, gaining access to unshared personal images and facial data for creative editing suggestions.
Meta rolls out groundbreaking parental controls that block teenagers from accessing romantic AI chatbots and one-on-one conversations, implementing PG-13 rating guidelines while automatically detecting suspected underage users who falsely claim adult status, with Instagram features launching early 2025.
Pinterest users report that up to 80% of search results now consist of AI-generated fake content, overwhelming the platform and causing real-world problems as customers bring impossible AI-created inspiration images to small businesses for weddings and hairstyles that cannot be replicated.
Facebook revives its job board on Marketplace targeting young adults seeking entry-level positions just as AI threatens to eliminate 50% of such jobs within five years, allowing users to search openings and contact employers directly through Messenger.
Social scientist Abilio Almeida calls for tech leaders to 'pay back' society by redirecting AI and algorithms from serving private interests to the common good, warning that despite technological advances, social progress has stagnated since the shift from television's public service model to today's profit-driven digital ecosystem.
Meta launches Business AI assistant that delivers personalized shopping recommendations and faster checkout through chat on Facebook and Instagram, expanding to WhatsApp and Messenger while partnering with major CRM platforms to diversify beyond advertising revenue.
Meta will begin using conversations with its AI chatbot to personalize ads and content recommendations on Facebook and Instagram starting December 16, 2025, affecting over 1 billion monthly users who discuss topics like hobbies and interests with the AI assistant.