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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...
Meta's global affairs officer Joel Kaplan to leave company after 15 yearsKaplan was elevated to Meta's top policy role in January last year, as the social media giant rolled back US fact-checking, ended diversity...
Memo from New Delhi: Make America India again?Donald Trump recently suggested renaming New Mexico to New America, aiming to spotlight a strong American identity. However, this idea face...
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...
Meta's AI spending, Muse assistant adoption in focus for quarterly resultsMeta is gearing up to unveil its third-quarter earnings, driven mainly by notable investments in AI and the innovative Muse assistant. Rece...
The Social Reckoning: Looking back at Facebook’s 2021 controversy and where Meta stands todayAaron Sorkin’s latest film focuses on Facebook's past controversies and the implications of its business model. The story centres around wh...
AI agents are only as good as the personal information you share, and that raises privacy concernsMany have welcomed AI agents into their online lives, and raved about how personalized assistants like Muse can handle everyday tasks with ...
No Kings Instagram lockout: Meta claims Claude AI tool triggered suspension of pro-democracy accountMeta's Instagram erroneously suspended the No Kings Coalition's account due to an AI-triggered surge in requests. This unexpected downtime ...
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...
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...
Meta appoints Ravi Garg as APAC enterprise business MDGarg spent more than five years at WhatsApp, serving as country director of India for business messaging and payments from July 2021 to Sep...
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...
Qualcomm and Arm jury to return next week after deliberations in contract dispute caseThe five-day trial that wrapped up this week was the second in two years between the companies, highlighting the deterioration of their bus...
Meet Alexandr Wang, MIT dropout who built Scale AI, caught Mark Zuckerberg's attention, became Meta's 29-year-old AI chief, turned Muse into an App Store hitWang is currently 29-years-old and grew up in Los Alamos, New Mexico. He belongs to a family of physicists who worked at Los Alamos Nationa...
Meta misled consumers in case over Cambridge Analytica scandal, New Mexico jury saysThe verdict followed a two-week trial over a lawsuit filed by New Mexico's attorney general in 2021, three years after news reports reveale...