Stock Widget Meta Platforms Inc. delivered a resounding third-quarter earnings beat on Wednesday, with adjusted earnings per share of $7.25 topping analyst expectations of $6.69 and revenue surging to $51.24 billion against forecasts of $49.41 billion, as polled by LSEG.…
Browsing: Mark Zuckerberg
In a tech world long dominated by Apple, Meta CEO Mark Zuckerberg has taken aim at a new target: the iPhone as the center of personal computing. In a memo and earnings commentary timed to perfection, Zuckerberg may have fired…
Zuckerberg, it seems, is pulling every lever possible to accelerate the buildout of his new AI division — Meta’s Superintelligence Labs — in a frantic attempt to catch up with rivals like OpenAI, Google DeepMind, and Anthropic. But the refusal by TML’s team — not one of whom accepted any offer — paints a telling portrait of the current AI climate: money isn’t everything, even when the checks have nine zeros.
Meta on Wednesday prevailed against a group of 13 authors in a major copyright case involving the company’s Llama artificial intelligence model, but the judge made clear his ruling was limited to this case. U.S. District Judge Vince Chhabria sided with…
Mark Zuckerberg’s plan is to make Meta the market leader in artificial intelligence. Investors will want to know how President Donald Trump’s tariffs-heavy trade policies will impact that strategy. Those answers could start to come as soon as this week as Meta’s AI…
In a 2008 email, Mark Zuckerberg wrote that “it is better to buy than to compete.” Now, the Federal Trade Commission is trying to prove that Zuckerberg applied that same thinking when he acquired Instagram and WhatsApp, thereby snuffing out two emerging…
