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Mark Zuckerberg threatens to leave California over 5% billionaire tax, Meta creates new Class C shares to help him stayMark Zuckerberg has threatened to leave California if the state introduces a proposed 5% billionaire wealth tax. In response, Meta has appr...
US stocks today: US stocks slide as AI spending jitters hit Nasdaq, oil prices reboundUS stocks opened lower on Thursday as renewed concerns over the outlook for artificial intelligence weighed on growth stocks. Tesla and Met...
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 ordered to pay New Mexico $25 billion after jury finds it deceived Facebook users about privacyJurors in September found Meta liable for over 43 million violations of New Mexico consumer protection laws when a political consulting fir...
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...
Wall Street Week Ahead: As AI rally wobbles, stock market's spotlight turns to earningsInvestor confidence in the market is wavering due to recent declines in AI-linked stocks and semiconductor firms. Upcoming quarterly result...
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...
Govt seeks expedited development of AI tool to detect child sexual abuse material onlineThe issue came up for discussion during Union Minister for Women and Child Development Annpurna Devi's visit to the office of the National ...
Meta launches frontier AI models under Muse series; here’s the lowdownMeta announced the launch on Monday via a blog poston its official website, saying these were its “most capable models that deliver state-o...
Meta says its new AI models on par with OpenAI, AnthropicMeta on Monday unveiled two new "frontier" artificial intelligence models called Wonder and Wonder Full, which the company claims perform a...