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META PLATFORMS 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...
Karen Frederick, a mom of two, built a $1 million jewelry business from home. All about Kole Jax DesignsIn 2012, Karen Frederick launched Kole Jax Designs to intertwine her love for jewelry with her role as a mother. Through effective social m...
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...
Akash Ambani takes centre stage as Jio IPO shines a spotlight on Reliance’s next generationIn a significant chapter for Jio Platforms, Akash Ambani is stepping into a leading role with the company preparing for an IPO. The event 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...
Global Market Today: Asian stocks mixed as oil rally, AI concerns weigh on sentimentContracts for the Nasdaq 100 Index slipped 0.6% and those for the S&P 500 dropped 0.4% in early Asian trading following a split set of resu...
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 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...
Global Market Today: Asian shares, US futures rise on AI-trade revivalThe MSCI Asia Pacific Index climbed 0.6% with shares gaining in South Korea and Japan. The Kospi Index rose 1.9%, rebounding after one of t...
Meta’s AI spending and Muse adoption set to test Zuckerberg’s strategyMeta's upcoming third-quarter results will reflect its significant investments in artificial intelligence technologies and products. The co...
Tech under pressure on AI jitters, dollar slips: Markets wrapSouth Korea’s Kospi Index — a bellwether for AI investments — dropped 3.5%, with chip heavyweight SK Hynix Inc. heading for its lowest clos...
Meta’s Muse Spark Open is free to download, but comes with strings attachedThe main commercial restriction applies to companies that offer AI models as a service, giving customers model outputs through an applicati...
Jio IPO: Meta, Google sit on nearly ₹1 lakh crore paper profit & neither is sellingMeta Platforms and Google are poised to realize significant gains from their Jio investment made in 2020. To bolster its growth, Jio Platfo...
Jio IPO Bonanza: How global investors’ stakes have grown since 2020Meta-backed Jaadhu Holdings, which acquired a 9.98% stake in Jio Platforms for around Rs 43,574 crore in 2020, now holds shares valued at a...