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: Meta Platforms Inc.
The build-out of artificial-intelligence infrastructure is costing a fortune, straining companies and capital markets. In a summer earnings season dominated by eye-popping profits from Big Tech, investors and analysts have cheered what appears to be a golden age of artificial intelligence (AI)
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…
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…
Social media’s harmful impact on the mental health of children and teenagers is well documented. Now, new research suggests that the widespread marketing of unhealthy food and drinks on social media is influencing the food choices of young people and potentially impacting…
Following reports from The NY Budgets and other news outlets, Senator Maggie Hassan is demanding information about how Spotify is handling phony podcasts promoting potentially illegal online pharmacies. Spotify said last week that it had removed dozens of podcasts identified by…
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…
Google has illegally built “monopoly power” with its web advertising business, a federal judge in Virginia has ruled, siding with the Justice Department in a landmark case against the tech giant that could reshape the basic economics of running a…
The tech giant Meta Platforms Inc. continues to refresh its board of directors, naming Dina Powell McCormick and Patrick Collison as board members, effective April 15. Collison is the co-founder and CEO of the payments platform Stripe, while Powell McCormick is vice…
