Investors cheer Meta’s reported Metaverse cuts, a segment that has bled $73B in losses
Meta Platforms (META) stock on Thursday gained after a report that the Facebook parent was looking at cuts in its...
Tag: META
Meta tests 50-day moving average following an early morning pop
Meta Platforms (META) saw an early morning surge that briefly pushed the mega-cap stock above its 50-, 100-, and 200-day...
Meta CEO planning cuts in Metaverse projects by up to 30% – report
Shares of Meta Platforms (META) jumped as much as 6% in premarket trading on Thursday after Bloomberg reported that CEO Mark...
Yann LeCun says Meta won’t invest in new AI startup: report
Yann LeCun, the renowned artificial intelligence scientist who is leaving Meta Platforms (META) to start a new AI company,...
Meta declares $0.525 dividend
Meta (META) declares $0.525/share quarterly dividend, in line with previous. Forward yield 0.33% Payable Dec. 23; for...
Italy’s antitrust body expands probe against Meta over WhatsApp AI tools
Italy's antitrust authority, AGCM, said on Wednesday that it has expanded the investigation into Meta Platforms (META)...
Lawmakers ask FTC and SEC to probe Meta for scam ads on Facebook, Instagram
U.S. lawmakers have asked the Federal Trade Commission and the Securities and Exchange Commission to launch an investigation...
Malaysia mulls ban on social media for users under 16: report
Malaysia intends to ban social media for users under the age of 16 starting next year, Reuters reported. Malaysia's...
Meta tests AI-powered morning brief to compete with ChatGPT’s offering
Meta Platforms (META) is testing a new product that would give Facebook users a personalized daily briefing using the...
Meta said to get into power trading to fuel its AI energy needs
Meta Platforms (META) is entering the electricity trading market to accelerate the construction of new U.S. power plants...