Meta Platforms Financial News

29.08 / 01:31
COST Digital Telegram Platform Meta Platforms social innovations shock Telegram CEO’s arrest is a moment of social media reckoning
The recent arrest of Telegram founder and Chief Executive Officer Pavel Durov near Paris has sent shockwaves through the tech world. Elon Musk called on France to “free Pavel" to avert a threat to democracy; Paul Graham, the co-founder of leading Silicon Valley accelerator Y Combinator, suggested it would hurt the country’s chances of being “a major startup hub." Yet, while some are citing a French-led assault on free speech and innovation, the reality is more nuanced.
17.08 / 04:50
Google Platform Trade Meta Platforms show Courts Injunction against California law on children's online safety narrowed
The 9th US Circuit Court of Appeals said NetChoice, a trade group was likely to show that the California Age-Appropriate Design Code Act violated the First Amendment by requiring businesses to opine on and reduce the risk that children may face harmful materials online. But the court set aside the rest of the preliminary injunction, saying the judge who imposed it failed to properly assess NetChoice's other objections, or whether the law could survive without the unconstitutional parts.
14.08 / 16:43
UPS Google Landmark Action Browser Meta Platforms Courts Google’s future siege? U.S Court explores breaking up company after landmark ruling
Google to share its vast troves of data with competitors, implementing safeguards to prevent it from gaining an unfair edge in artificial intelligence (AI) products, and even considering the divestiture of some of its key assets.Among the most frequently discussed remedies is the possible separation of the Android operating system from Google. DOJ attorneys are also weighing the possibility of forcing Google to sell its AdWords search advertising program and even its Chrome web browser, according to individuals familiar with the matter, adds the report.The report highlights that a spokesperson for the Justice Department confirmed that the agency is carefully reviewing the court's ruling and will determine the appropriate course of action in line with the legal framework governing antitrust remedies.
12.08 / 13:48
Platform WhatsApp Universities Meta Platforms song Videos Universal Music pens Meta deal allowing its music to appear on WhatsApp
Universal Music Group artists will see their songs made available on WhatsApp for the first time, after the record label struck a new licensing deal with Meta Platforms. The world’s largest music company has signed an expanded multi-year global agreement that allows music from its artists and songwriters to be used and shared across Meta’s global network of platforms, including Facebook, Instagram, Messenger, Horizon, Threads and WhatsApp.
01.08 / 22:08
UPS DOW Manufacturing Meta Platforms show reports How major US stock indexes fared Thursday, 8/1/2024
U.S. stocks tumbled after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth
31.07 / 03:48
markets Target CEO Platform NVIDIA AMD Meta Platforms reports AMD raises forecast for AI chip revenue and sees supplies remaining tight
forecast for artificial intelligence chip sales by $500 million and said supplies would remain tight through 2025, sending shares of the Santa Clara, California-based company up 7.5% in extended trading.
31.07 / 02:09
markets UPS DOW Apple Meta Platforms performer reports S&P 500, Nasdaq stumble on caution ahead of tech earnings
Nasdaq closed lower on Tuesday, weighed down by weak chip and megacap shares ahead of earnings from heavyweight tech companies this week, but the Dow managed modest gains. Microsoft, seen by many as leading the artificial intelligence race, fell 0.89% to $422.92 ahead of its quarterly results. After the closing bell, the software maker dropped about 5% after reporting results that missed expectations for quarterly growth in its Azure cloud-computing service.
30.07 / 06:24
Platform Racing Instagram Meta Platforms show performer social Schools Meta to let users to create custom AI characters
Meta Platforms on Monday said it will roll out a new tool called AI Studio that will allow users to create, share and design personalized AI chatbots.
29.07 / 14:10
markets UPS DOW Trade Meta Platforms reports Stock market today: Wall Street drifts in mixed trading at the start of a frenetic week
U.S. stock indexes are drifting in mixed trading ahead of a week full of earnings reports from Wall Street’s most influential companies and a Federal Reserve meeting on interest rates
25.07 / 04:23
markets Apple Tesla NVIDIA Trade Meta Platforms electronic reports Stock market today: Asian shares dive after a wipeout on Wall Street as Big Tech skids
Asian shares have dropped morning trading, with Tokyo’s benchmark losing more than 1,000 points at one point, as pessimism set in over the Wall Street nose-dive
13.07 / 10:59
markets Target Digital Platform Instagram Meta Platforms European Commission social Investigations European Union accuses Facebook owner Meta of breaking digital rules with paid ad-free option
European Union regulators have accused social media company Meta Platforms of breaching the bloc’s new digital competition rulebook by forcing Facebook and Instagram users to choose between seeing ads or paying to avoid them
12.07 / 13:53
markets UPS Meta Platforms show reports Department US stock indexes end up; Nasdaq, S&P 500 hit record highs on payrolls data
Wall Street stock indexes closed firmer on Friday, with the tech-heavy Nasdaq and benchmark S&P 500 hitting record highs, as megacap stocks rallied on data signaling U.S. labor market weakness and pulled Treasury yields lower. Microsoft, Meta Platforms, Amazon.com and Apple advanced, pushing the information technology sector to an all-time high.
26.06 / 02:31
UPS DOW Boeing NVIDIA Meta Platforms Nasdaq ends higher on tech strength; Dow pulls back
Nasdaq rallied 1.3% on Tuesday, buoyed by strength in Nvidia and other tech megacaps, while the Dow slipped as retailers weighed and investors waited for crucial inflation data due out this week. AI chip firm Nvidia climbed 6.8%, bouncing back after a three-session sell-off, and the broader chip sector outperformed with the Philadelphia Semiconductor index adding 1.8%.
29.05 / 16:03
Platform Xbox War shooting Meta Platforms Schools Videos Updates Call of Duty Black Ops 6 release date, system requirements, game pass: Microsoft offers latest updates
Call of Duty Black Ops 6" is growing day by day and Microsoft has confirmed that the video game will be available on Xbox Game Pass during the launch date itself. On June 9, Microsoft will offer more details on Call of Duty Black Ops 6 video game. However, the development that the upcoming video game will be available on Game Pass from day one.
28.05 / 08:39
Platform community Instagram students shooting Meta Platforms Schools Videos Uvalde families sue Meta and Call of Duty maker on second anniversary of school attack
The families of a group of victims of the Uvalde school shooting have announced new lawsuits against Instagram parent company Meta Platforms, the maker of the video game Call of Duty and the gun company that made the assault rifle used in the shooting
24.05 / 16:49
markets NVIDIA Instagram Trade Meta Platforms reports Equality Nvidia's stock market value is nearly $2.6 trillion. How it rose to AI prominence, by the numbers
Nvidia’s stock price has more than doubled this year, increasing the company’s market value by more than $1.3 trillion
24.05 / 10:49
CEO Platform NVIDIA Meta Platforms voice information Schools Videos Nvidia CEO Huang expects AI-generated videos to drive more demand for its chips
Nvidia, the generative artificial intelligence boom is the gift that keeps on giving. After riding a demand surge sparked by Big Tech's rush to roll out chatbots, Nvidia now expects new AI models that are capable of creating video and engaging in human-like voice interactions to spur more orders for its graphics processors.
09.05 / 09:49
BLOCK Google Platform Racing Research wellness War Meta Platforms French AI startup taking on Silicon Valley is set to stuff its war chest
Mistral AI is nearing a deal to raise funds at a $6 billion valuation—nearly tripling its level from six months ago and giving the French startup added fuel to challenge Silicon Valley giants in the artificial-intelligence race. Existing backers General Catalyst and Lightspeed Venture Partners are expected to be among the biggest investors in the new funding round, in which Mistral is set to raise around $600 million, according to people familiar with the situation.
30.04 / 15:47
Google CEO Strategy Meta Platforms Justice reports Department Investigations McKinsey's CEO Factory: What sets it apart according to Sundar Pichai, James Gorman, and Sheryl Sandberg
McKinsey & Company, known as a "CEO factory," is facing scrutiny from the Department of Justice (DOJ) for its past advice to opioid companies on sales strategies, as reported by The Wall Street Journal. Notable alumni include Sundar Pichai, CEO of Google's parent company Alphabet, Sheryl Sandberg, former COO of Meta Platforms, John Malone, chairman of Liberty Media, James Gorman, ex-CEO of Morgan Stanley, and Delphine Arnault, an executive at Louis Vuitton. Other prominent figures, such as Transportation Secretary Pete Buttigieg and Sen. Tom Cotton, also had stints at the firm.
27.04 / 04:35
markets UPS Google JPMorgan Tesla wellness Meta Platforms reports Wall Street Week Ahead: Lofty US stocks leave investors punishing earnings disappointments
stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and growth giants are set to report. Strong reports from Microsoft and Google parent Alphabet on Thursday helped propel the S&P 500 to its biggest weekly gain since early November following its first 5% pullback of the year. The S&P 500 is up about 7% in 2024 and some 24% since late October.
26.04 / 14:17
markets COST Google Platform Gemini Meta Platforms show reports Alphabet, Microsoft earnings show hefty AI bets are driving growth
stocks on Friday with earnings that showed big AI investments were driving growth, allaying doubts that their costly bets would take time to pay off after a soft forecast from Meta Platforms. Alphabet rose 10%, crossing $2 trillion in market value with a gain of about $180 billion as it sweetened the pot for investors with its maiden dividend and a $70 billion stock buyback.

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