Tags: Meta

Mark Zuckerberg Wants Investors to Wait for Their Long Term AI Vision Following Decline in Stock

Mark Zuckerberg seeks investor patience as Meta continuously pushes for AI projects, despite warnings and premarket stock decline fueled by increased spending and slower sales growth.


Facebook, Instagram Parent Company Meta Shares Tumble Amid Continued Push Into AI Development

Wall Street was alarmed by Meta's aggressive drive into AI development, despite the technology company's first-quarter earnings and revenues increasing 27% to $36.46 billion

Russia Sentences Meta Platforms Spokesperson Andy Stone to 6 Years in Prison for Publicly Defending 'Terrorism'

In a ruling delivered in absentia, a military court in Russia has sentenced Andy Stone, a spokesperson for Meta Platforms, to six years in prison.

Apple Pulls WhatsApp and Threads From China App Store in Response to Orders From Beijing

China's top internet regulator ordered Apple to remove WhatsApp and Threads from their app store, citing national security concerns.


Latest News

Big Tech CEOs Testify At Senate Judiciary Committee Hearing
Meta CEO Mark Zuckerberg cleared of personal liability in child addiction lawsuits. US District Judge dismisses claims, emphasizing the necessity of a "special relationship" for liability. Meta remains liable, and lawsuits are ongoing.
LinkedIn Cuts Close To 200 Jobs In Bay Area
LinkedIn, in a bid to rival TikTok and Instagram in influencer marketing, has launched "Thought Leader ads," allowing advertisers to promote posts from independent creators.
Meta Platforms Inc. refutes the FTC antitrust lawsuit, arguing that consumers benefit from the acquisition of Instagram and WhatsApp, challenging FTC's narrow market definition.
In May 2024, Meta plans to add the phrase "Made with AI" to content generated or manipulated by AI, citing transparency and the desire to prevent needless limitations on free speech.
Users have reported "racism" in Meta's AI image generator, which fails to depict interracial couples despite Mark Zuckerberg's marriage to an Asian woman.
Recently revealed court documents claim that Meta had a covert operation called 'Project Ghostbusters' aimed at spying on Snapchat.
The EU probes tech giants Apple, Google, and Meta under Digital Markets Act for potential violations to curb market dominance. Apple recently fined $2B.
Elon Musk has made a bold claim that artificial intelligence (AI) may be smarter than all humans combined by 2029.
U.S. prosecutors in Virginia are investigating Meta over alleged illegal drug trade involvement, with subpoenas targeting records related to drug activities on Meta's platforms.
Unlike Biden, Trump opposes the TikTok ban for fear of giving Meta's Facebook platform more power after highlighting it as a major player in politics.
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