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Meta bows to EU regulators again: Facebook and Instagram in Europe offer ad-free versions with subscriptions discounted by up to 40%.
In addition to lowering prices, Meta will also provide less personalized advertising options in the European Union. Meta claims that these are all to meet regulatory requirements, which go beyond the scope of EU law. The media reported that the activist investment fund ValueAct has already held 1 billion US dollars worth of shares in Meta, and its CEO supports Meta's extensive investment in AI.
Federal Reserve voting committee member speaks for the first time after Trump's election: observe the post-election situation first and then determine the impact, be prepared to address risks.
This year, Powell, the chairman of the Federal Reserve, said the Fed is ready to respond to the risks of declining employment or rising inflation as needed. Former Cleveland Fed President Mester said if Trump's tariff policy is implemented, the Fed's rate cut next year may be less than the previously expected four times. "Star board member" and Fed Director Waller said the private sector should take the lead in innovation in the payment industry; stablecoins may be beneficial to the financial system, but legislative solutions are needed to address security issues.
As early as March, apple will launch wall-mounted smart home devices, Apple Intelligence combined with Siri support.
The media reported that the wall-mounted display is positioned as a home command center, capable of controlling household appliances and using an AI navigation app, with a screen approximately 6 inches in size, equivalent to two iPhones side by side, and a camera at the top front. The device features a touch interface, but Apple expects that most people will interact with it using voice commands relying on Siri. Earlier, Ming-Chi Kuo stated that Apple will introduce a smart home network camera for the first time, deeply integrating Apple Intelligence and Siri, with plans for mass production in 2026.
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