Meta posts $64 billion in revenue and announces stock split in Q3 earnings
The earnings report follows a strong month for Meta’s stock, which recently recorded its highest point of the year after several months of turbulence.
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‘The Social Reckoning’ policies that Silicon Valley avoided – and Canberra delivered
Australia enacted what Washington D.C. debated and Hollywood exposed. Now, Meta is facing $23 billion in fines for not protecting the mental health of its users. Here are the whistleblowers who brought the Reckoning to light.
Meta offered this Australian $1.5 billion. Now he’s joining Anthropic.
Australian engineer Andrew Tulloch joined Meta last year after founding Thinking Machines Lab with OpenAI’s former CTO. He starts at Anthropic next week.
Meta shares boosted after Muse AI agent launch
Meta’s shares jumped over 5% on Wednesday morning after the company launched an AI agent that can send emails, book trips and make payments.
Meta agrees to $18 billion settlement in social media addiction trial
The federal lawsuit was brought by the attorneys general of 29 U.S. states.
Thousands of social media addiction lawsuits against Meta can move forward, appeals court says
An appeals court ruled an appeal was made too early in the process to use Section 230 of the Communications Act as a defense.
Zuckerberg’s fortune drops $18 billion as Wall Street sours on Meta’s AI spending
Shares of the Facebook parent have plunged over what could be an 11-day losing streak.
Instagram must remove ‘addictive’ doom scrolling feature, EU Says
The European Commission said its investigation into Facebook and Instagram found Meta failed to properly assess the risks of its “addictive design.”
Meta overtakes Tesla in market value. Here’s why both stocks are still tanking
Shares of both companies have fallen at least 8% since the start of the year.
Meta shares jump after company announces premium subscriptions for Facebook and Instagram
The subscriptions are being rolled out under the banner of “Meta One,” which incorporates paid subscriptions for the company’s apps and AI chatbot.