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META CLASS C SHARES
Meta to create non-voting shares to fund AI expansion, retain Zuckerberg’s controlMeta Platforms plans to introduce publicly traded non-voting Class C shares to fund AI investments, acquisitions and employee compensation ...- Explained: Why is Meta creating a new class of non-voting shares amid its AI growth?Meta plans to create a new class of publicly traded non-voting stock, known as Class C shares, and distribute one Class C share for each ex...
- Mark Zuckerberg, worth $240 billion, threatens to leave California over 5% billionaire tax as Meta creates new Class C shares to keep him in stateMark Zuckerberg has threatened to leave California if the state introduces a proposed 5% billionaire wealth tax. In response, Meta has appr...
- Meta’s bigger budget, Tesla’s smaller one leave Wall Street uneasyInvestors question how Meta will fund its AI push and whether Tesla’s smaller budget can deliver Musk’s ambitions.
- Mark Zuckerberg makes deal with Meta to help him pay billionaire tax if it passesMark Zuckerberg has made a deal to manage potential tax liabilities from a proposed wealth tax in California. The tax would impose a one-ti...
- Steep bill for AI buildout punishes Meta, other tech favoritesInvestors sold shares of Meta Platforms and a wealth of companies central to the AI trade, a day after Meta -- one of the so-called hypersc...
- Rhode Island sues Meta over alleged tolerance for scam advertisingThe suit, filed by Rhode Island Attorney General Peter Neronha in Providence Superior Court, accuses Meta of unlawfully profiting from and ...
- Meta stock price: Why are Meta shares down today? Facebook, Instagram parent may witness USD 50 billion wipe out from company's market value despite strong quarterly revenueMeta share price: Facebook, Instagram parent is spending heavily to support its AI plans, with an expected annual capital expenditure forec...
- Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms fell about 3% in premarket trading on Thursday, as investors weighed the benefits of the company's fast-growing AI...
- Meta falls as investors balance Muse growth with rising AI costsShares of Meta Platforms declined in premarket trading as investors evaluated costs against growth in the AI sector and faced legal hurdles...
- Meta has strong chance of getting $25 billion New Mexico penalty slashed on appeal, experts sayNew Mexico secured a $25 billion penalty against Meta Platforms after claims of mishandling user data arose. A jury found that Meta misled ...
- Meta Q3 Earnings: AI spending, revenue beat & new stock classMeta Platforms beat third-quarter revenue estimates as advertising growth lifted sales 26% to $64.6 billion. However, rising capital expend...
- Meta beats expectations but legal penalties hit profit amid AI raceMeta beat investor expectations for third-quarter revenue on Wednesday as it doubles down on a global AI race but the social media giant's ...
- Meta strikes deal to keep Mark Zuckerberg in California after wealth tax concernsBy Carlos Me- Meta Platforms has struck a deal with Mark Zuckerberg to keep him living in California after the CEO warned he was considerin...
- Meta sued in Australia class action over alleged social media harm to childrenA class action lawsuit has been filed in an Australia court against Meta Platforms' Facebook and Instagram, alleging the social media platf...
- Meta stock: Facebook, Instagram parent stock price rises after tech giant announces new types of shares. All you may want to knowMeta posted diluted earnings per share of $3.83 in the quarter, a figure that would have been $7.40, had it not been for a $9.89 billion ch...
- Meta hit with a staggering $25 billion penalty in New Mexico privacy case linked to Cambridge Analytica scandal-here's what happenedMeta has been sentenced to pay a staggering $25 billion for consumer protection infractions in New Mexico. These violations arose from misl...
- Meta raises AI spending forecast to $145 billion, plans new share issue; Q3 revenue beats estimatesMeta raised its 2026 capital expenditure forecast to $135 billion-$145 billion to accelerate AI expansion and announced plans for non-votin...
- Meta's board signals 'recurring' failures in election content moderationThe oversight board for social media giant Meta said Tuesday it found "recurrent enforcement failures" in content moderation related to the...
- What is Meta’s Muse Spark Open and what can it do?An open-weight model is an AI model whose core components — the numerical parameters learned during its training, known as its weights — ar...
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