Meta Platforms Inc. lost its last-minute attempt to halt a significant trial initiated by state attorneys general, who allege the social media giant's platforms addict children and contribute to youth mental health issues.
A key Senate committee advanced a package of bills aimed at improving children's online safety, setting up a potential conflict with the House over holding Meta Platforms Inc. and Alphabet Inc.'s Google liable for harms to minors.
BlackRock Inc.'s $12.55 billion bond sale, linked to a Meta Platforms Inc. data center, rallied in early trading after its relatively high yields attracted investors.
Meta Platforms Inc. has seen a remarkable market resurgence in just two weeks, adding $250 billion to its valuation, as investors show renewed confidence in the company's artificial intelligence strategies. This shift indicates a positive reception to Facebook's parent company's AI initiatives.
Meta Platforms Inc.'s massive $13-billion-plus data centre north of Edmonton, Alberta, is expected to be online four years before the new natural gas-fired power plant intended to serve it begins operating.
Meta Platforms Inc. experienced a $310 billion drop in market value due to investor fears over legal risks and substantial AI spending, with shares of the Facebook and Instagram parent down 19% this month, marking their worst performance since October 2022.
Concerns over AI safety are growing following incidents like the infiltration of Hugging Face by OpenAI's agents and similar breaches reported by Anthropic PBC and Meta Platforms Inc., fueling calls for increased regulation.
Yann LeCun, Meta Platforms Inc.'s former chief AI scientist and one of the 'godfathers of AI,' is joining 224 Ventures, a new venture firm focused on investing in artificial intelligence startups.
Microsoft Corp., Meta Platforms Inc. and Amazon.com Inc. face renewed investor anxiety over their debt-fueled capital expenditure plans after Alphabet Inc.
Morgan Stanley has issued a Street-high $300 price target for SpaceX, suggesting the company's stock could rally significantly. This comes as SpaceX is set to enter the Nasdaq 100.
A class action lawsuit has been filed against WhatsApp, Meta Platforms Inc., and Accenture over allegations of accessing private texts without consent, drawing criticism from Elon Musk and Telegram's CEO.
Meta Platforms Inc. founder Mark Zuckerberg and his wife, Priscilla Chan, purchased a $170 million mansion on Miami's "billionaire bunker," a private island in Biscayne Bay, according to two people familiar with the matter.
Meta Platforms Inc.'s free cash flow has fallen to its lowest level since the third quarter of 2022, a consequence of its strategic transformation from a social media company into an AI company.
D. E. Shaw's investment portfolio includes several prominent technology and AI-related companies. Among their top holdings are Meta Platforms, Micron Technology, Boston Scientific, Apple, Alphabet, and NVIDIA.
Entrepreneur Mark Cuban has outlined his perspective on which companies and technologies are poised to be winners in the ongoing artificial intelligence race, with Meta Platforms Inc. mentioned.
Morgan Stanley has issued a bullish recommendation on Meta Platforms Inc. stock, citing a "tactical buying opportunity" and projecting a 45% upside due to the stock trading at an unusual discount.
Analysts are evaluating Meta Platforms Inc. (META) as a potential top metaverse stock, assessing its position and future in the evolving virtual reality market.