Meta's 'pay or consent' model fails under EU competition rules, the Commission believes

Preliminary findings by the European Commission into a controversial binary choice that Meta has been imposing on regional users of its social networks Facebook and Instagram since last fall do…

  • Business
  • June 10, 2024
  • 19 views
  • 2 minutes Read
The Supreme Court is considering Meta's bid to end the Cambridge Analytica privacy scandal lawsuit

The Supreme Court will consider a request from Meta to halt a class action lawsuit against the company brought by investors related to the Cambridge Analytica data privacy scandal, the…

  • Business
  • June 10, 2024
  • 15 views
  • 1 minute Read
The Supreme Court will take up Meta's bid to end the Cambridge Analytica privacy scandal lawsuit

WASHINGTON — WASHINGTON (AP) — The Supreme Court said Monday it will consider settling a multibillion-dollar class action lawsuit against Facebook parent company Meta, following the privacy scandal surrounding the…

Meta's latest experiment borrows from the core ideas of BeReal and Snapchat

Meta is once again taking on its competitors by developing a feature that borrows concepts from others – in this case BeReal and Snapchat. The company is developing a feature…

  • Finance
  • May 9, 2024
  • 23 views
  • 3 minutes Read
How to Sell Stocks: This Simple Rule Saved Investors from Meta's 77% Crash

Sitting on losses is never a good strategy, because those losses can pile up very quickly. Even strong stocks can plummet in one session, giving up all gains from a…

  • Finance
  • April 25, 2024
  • 16 views
  • 3 minutes Read
AI Stocks: Nvidia, Arista, Dell, Super Micro Rise on Meta's AI Capex Plan

Meta's plan to invest more heavily in artificial intelligence infrastructure caused Meta (META) shares fell on Thursday, but the tech giant's capex news lifted AI stocks, particularly shares of tech…

  • Finance
  • April 25, 2024
  • 17 views
  • 4 minutes Read
Meta's Zuckerberg Can't Calm Wall Street's Nerves Over AI Spending, Stocks Drop 10%

Meta stock (META) fell more than 10% on Thursday after CEO Mark Zuckerberg revealed the social media company is pouring more money into its AI efforts, spooking investors. However, the…

  • Finance
  • April 25, 2024
  • 15 views
  • 7 minutes Read
US Stocks Plunge After Meta's Reality Check, Soft GDP Print

Stocks opened sharply lower on Thursday after a sharply lower-than-expected first-quarter U.S. GDP reading raised questions about the health of the U.S. economy in light of persistently high interest rates.…

  • Finance
  • April 25, 2024
  • 18 views
  • 6 minutes Read
US futures plummet after Meta's reality check, soft GDP print

Techs led a pullback in US stocks on Thursday after Meta's (META) revenue forecast had investors eyeing the next high-stakes mega-cap gains. Meanwhile, a sharply lower-than-expected first-quarter U.S. GDP reading…

  • Technology
  • April 25, 2024
  • 20 views
  • 2 minutes Read
Meta's Threads now has 150 million monthly users

Meta's Threads launched less than a year ago. The first launch was in early July 2023. That said, the platform initially grew very quickly, but over time the growth slowed…