City Menlo Park, state California Financial News
12.02 / 15:09
16.01 / 07:29
CEO
Platform
Parke
Meta Ceo
performer
social
reports
International
Bloomberg reports that Meta will lay off 5% of staff
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff based on performance and hiring new workers to replace them
14.01 / 03:15
markets
Action
Strategy
Instagram
PAM
social
Courts
US Supreme Court rebuffs Meta bid to avoid advertisers' lawsuit
US Supreme Court declined on Monday to hear a bid by Meta Platforms to avoid a multi-billion dollar class action by advertisers that accused the Facebook and Instagram parent company of overcharging them by inflating the number of people their ads might reach. The justices turned away Meta's appeal of a lower court's decision that let advertisers seek damages as a group over Meta's claims about the «potential reach» of their ads.
13.01 / 17:55
markets
Platform
Action
Instagram
social
Courts
No relief to Meta Platforms from advertisers' lawsuit
US Supreme Court declined on Monday to hear a bid by Meta Platforms to avoid a multi-billion dollar class action by advertisers that accused the Facebook and Instagram parent company of overcharging them by inflating the number of people their ads might reach. The justices turned away Meta's appeal of a lower court's decision that let advertisers seek damages as a group over Meta's claims about the «potential reach» of their ads.
06.12 / 01:43
markets
Citi
Software
BAY
Southern
Research
Experts
7.0 earthquake rattles Northern California and prompts brief tsunami warning
Authorities said they were surveying for signs of damage. The closest city to the epicenter, Ferndale, has a population of about 1,300 people; the quake was also felt more than 200 miles to the south in the San Francisco Bay Area and in the Sacramento Valley to the east. The National Weather Service briefly issued a tsunami warning in coastal counties in Northern California and southern Oregon, telling residents to head inland or for high ground, but it canceled the alert about an hour after the quake occurred.
13.11 / 03:59
markets
Target
Digital
Landmark
Platform
Strategy
social
Meta to offer less personalised ads in Europe to appease regulators
Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive «less personalised ads,» the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns. The Menlo Park, California-based company said it is implementing these changes in response to demands from EU regulators. Over the coming weeks, people in the EU who use the company's social media platforms for free with ads, will be able to choose to see ads based on what Meta calls «context»- content that a user sees during a particular session on the platforms.
31.10 / 00:53
02.10 / 13:56
economy
Parke
social
consequences
innovations
reports
Interviews
Venture capital pioneer Vinod Khosla says AI will deliver broad deflation
Subscribe to enjoy similar stories. MENLO PARK , CALIFORNIA : At a time of widespread concerns about the safety, efficacy and economics of AI, venture capital pioneer Vinod Khosla is still all in. Yes, artificial intelligence will become capable of replacing a good deal of human labor, Khosla said in an interview, but that will push down the price of healthcare, education and other services.
25.09 / 22:13
Platform
Parke
show
stage
voice
Updates
Meta unveils cheaper VR headset, AI updates and shows off prototype for holographic AR glasses
Meta unveiled updates to the company’s virtual reality headset and Ray Ban smart glasses on Wednesday along with AI advances as it tries demonstrate its artificial intelligence prowess and the next generation of computing platforms beyond smartphones a...
25.09 / 20:35
17.09 / 15:03
UPS
Platform
Parke
Instagram
social
Videos
Instagram makes teen accounts private as pressure mounts on the app to protect children
Instagram is introducing separate teen accounts for those under 18 as it tries to make the platform safer for children amid growing backlash against how social media affects young people’s lives
11.08 / 16:16
31.07 / 21:10
UPS
Platform
Parke
Instagram
Trade
reports
Facebook parent Meta posts stronger-than-expected Q2 results, sending shares higher
Facebook and Instagram parent company Meta Platforms Inc. reported stronger-than-expected results for the second quarter on Wednesday, sending shares sharply higher in after-hours trading
30.07 / 22:25
UPS
Waters
Parke
country
reports
Updates
103 earthquakes in 80 days in Texas! Are oil and gas extractions responsible for this? Details here
Texas has experienced 103 earthquakes in 80 days with some of them measuring about 5 on the Richter scale? Justin Rubinstein, a geophysicist with the U.S. Geological Survey in Menlo Park, California, has said Texas has experienced a total of 103 earthquakes, including 12 of magnitude three or more, reports 'USA Today'. He also said that the state is not a seismically active part of the country and these earthquakes are not occurring naturally. Explaining the phenomenon, Rubinstein said it is «almost 99% likely» to be linked to local oil fields.
24.07 / 10:23
Parke
WhatsApp
Instagram
country
social
Schools
Features
Meta AI available in Hindi, 6 other new languages
Meta AI is now available in seven new languages, including Hindi, according to the social media giant. The move, which extends capabilities of Meta's AI assistant in the multilingual domain, essentially means users will be able to also interact with Meta AI across WhatsApp, Instagram, Messenger and Facebook in these new languages.
24.04 / 21:15
UPS
Platform
Parke
Instagram
Trade
Meta more than doubles Q1 profit but revenue guidance pulls shares down after-hours
Facebook and Instagram parent company Meta says its first-quarter profit more than doubled, boosted by higher advertising revenue and a 6% increase on the average price of ads on its platforms
11.04 / 18:09
Platform
Fighting
Instagram
Photos
Meta Platforms
social
testing
Features
Instagram begins blurring nudity in messages to protect teens and fight sexual extortion
Instagram says it’s deploying new tools to protect young people and combat sexual extortion
22.03 / 01:49
07.03 / 20:45
Provident
Action
Parke
Instagram
information
reports
prevention
State AGs send letter to Meta asking it to take 'immediate action' on user account takeovers
A group of 40 state attorneys general have sent a letter to Instagram and Facebook parent company Meta expressing concern over what they say is dramatic uptick of consumer complaints about account takeovers and lockouts
13.02 / 21:19
09.02 / 20:15
Target
Platform
Death
Instagram
War
Meta removes Instagram and Facebook accounts for Iran's Supreme Leader Ayatollah Ali Khamenei
Meta has removed Instagram and Facebook accounts run on behalf of Iran’s Supreme Leader Ayatollah Ali Khamenei after criticism over his support for Hamas after its Oct. 7 attack on Israel that sparked the monthslong war still raging in the Gaza Strip
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