Luchezar/iStock (NEW YORK) -- Meta, the newly named parent company of Facebook, announced Tuesday that it was shutting down its use of a facial recognition system on its social media platform. The announcement comes after mounting pressure from advocacy groups concerned about privacy issues, allegations of racial bias in algorithms and additional concerns related to how artificial intelligence technology identifies people's faces in pictures. It also notably comes amid renewed scrutiny of the tech giant from lawmakers and beyond. "We need to weigh the positive use cases for facial re...