Judge rules Meta’s Instagram, WhatsApp deals didn’t create social media monopoly
On Tuesday, a federal judge in Washington ruled that the Instagram and WhatsApp acquisitions made by Facebook parent Meta...
Tag: META
Meta’s revenue chief exits in major C-suite rejig: report
John Hegeman, the longtime Meta Platforms (META) executive who was appointed chief revenue officer in December, is leaving...
Saba sells credit default swaps on big tech firms as AI debt mounts: report
Saba Capital Management has recently increased the amount of credit default swaps on big tech firms it sells to banks as...
Meta, Google delay subsea cables going via Red Sea due to security risks – Bloomberg
Multiple subsea internet cables slated to run through the Red Sea are not yet complete, as political tensions and heightened...
Saudi sovereign wealth fund cuts holdings of U.S. stocks
Saudi Arabia’s Public Investment Fund trimmed its exposure to U.S. equities in the third quarter, shedding stakes in...
Tudor Investment adds Meta, Broadom, Cyberark, among top Q3 trades
Tudor Investment took new stakes in a bunch of stocks, with the biggest acquisitions being Meta Platforms (META), Broadcom...
3G Capital takes new stake in Alphabet, Microsoft, cuts position in Coupang in Q3 moves
3G Capital took a new position in Alphabet (GOOG) (GOOGL), Microsoft (MSFT), Broadcom (AVGO), trimmed its position in...
Meta plans to assess employees on AI-driven performance next year: report
Meta Platforms (META) plans to begin including how its employees utilize artificial intelligence to improve their...
ACS, BlackRock’s GlP to launch €2B data center joint venture
Spain's ACS, Actividades de Construcción y Servicios (OTCPK:ACSAF) (OTCPK:ACSAY), and BlackRock's (BLK) Global...
Spain’s ACS, BlackRock plan to ink €23B data center deal: report
Spain's ACS, Actividades de Construcción y Servicios (OTCPK:ACSAF) (OTCPK:ACSAY), is close to entering a €23B ($26.8B)...