Meta Platforms Financial News

29.02 / 15:51

UPS Target Platform Apple Netflix pandemic Meta Platforms show Tech Layoffs Keep Coming. Why Is Head Count Barely Budging?

Never mind the layoffs: Some of the biggest U.S. tech companies have swelled their ranks much more than they have trimmed them. Microsoft, Alphabet and Netflix each employed 50% more people than before the pandemic, year-end disclosures show.

26.02 / 16:23

markets UPS Provident NVIDIA Trade Meta Platforms performer Exclusive: This analyst says Nvidia's stock 'appears vulnerable to a correction'

Investing.com — Nvidia's (NASDAQ:NVDA) stock price edged higher in early U.S. trading on Monday after the poster child for a surge in demand for artificial intelligence briefly touched a market capitalization of $2 trillion in the prior session.

23.02 / 08:27

markets IPO Reddit NVIDIA Trade Meta Platforms reports Nvidia shares soar, futures muted, Reddit IPO filing - what's moving markets

Investing.com -- Nvidia shares soar following a blockbuster earnings release that added fuel to stock market euphoria around the applications of artificial intelligence. The rally pushes up the S&P 500 and Dow to fresh record closing highs, although futures on Friday point to a more subdued end to the trading week. Elsewhere, Reddit makes its filing for an initial public offering public.

15.02 / 18:35

Platform Apple Browser Instagram Meta Platforms social guidelines Updates Meta's Facebook, Instagram to charge Apple service fee for posts 'boosted' via iOS apps

(Reuters) -Meta Platforms said on Thursday that businesses purchasing a «boost» for their posts on the iOS versions of its social media apps Facebook (NASDAQ:META) and Instagram would need to pay an extra 30% service charge to app store operator Apple (NASDAQ:AAPL).

15.02 / 15:44

COST Platform Mobile Apple Instagram Meta Platforms reports guidelines Meta Steers Users Away From New Apple Fees in Latest Spat Between Tech Giants

Meta Platforms on Thursday fired the latest shot in its longstanding feud with Apple. The Facebook parent published instructions encouraging advertisers to use a workaround to avoid paying a 30% service charge to Apple.

15.02 / 03:59

markets Provident Reuters Platform NVIDIA Meta Platforms reports Nvidia overtakes Alphabet to become third most valuable US company

Also Read: Wall Street Regains Footing After CPI-Fueled Rout: Markets Wrap Customers face shortages of Nvidia's top-of-the-line components while AI developers face months-long waiting lists to use its processors through cloud-computing providers, Reuters reported. Technology-related companies, including Microsoft and Meta Platforms, have also rallied to record highs on AI optimism.

14.02 / 23:53

markets Platform Action Instagram Meta Platforms Features Courts Relationships Tinder, Hinge and other dating apps encourage 'compulsive' use, lawsuit claims

Tinder, Hinge and other dating apps are designed with addictive features that encourage compulsive use

13.02 / 16:39

markets Digital Google Platform security Apple ByteDance Meta Platforms Big relief! Apple, Microsoft win exemptions from EU rules

Apple and Microsoft have secured exemptions for their iMessage and Bing search engine respectively from new EU tech regulations, after successfully convincing antitrust regulators that their services do not serve as gateways for businesses to reach end-users. The European Union's Digital Markets Act (DMA), set to take effect in three weeks, mandates tech giants like Apple, Microsoft, Google, Amazon, Meta Platforms, and ByteDance to allow third-party apps or app stores on their platforms and facilitate user switching to competitors. Additionally, these companies are barred from favoring their services over rivals.

09.02 / 20:52

markets UPS NVIDIA Marvell Broadcom Meta Platforms Videos Nvidia chases $30 billion custom chip market with new unit

Nvidia is building a new business unit focused on designing bespoke chips for cloud computing firms and others, including advanced artificial intelligence processors, according to nine sources familiar with the company's plans. The dominant global designer and supplier of AI chips aims to capture a portion of an exploding market for custom AI chips and to protect itself from the growing number of companies interested in finding alternatives to its products.

27.01 / 19:59

CEO Platform Fighting TikTok Meta Platforms social Schools rights end elon Elon Musk's X aims to hire 100 content moderators in Austin by end of year

Social media company X is in the process of hiring 100 content moderators for a new office in Austin, Texas that will focus on fighting child abuse content, a goal it hopes to complete by the end of the year, an X executive said on Saturday. The Elon Musk-owned company announced the new «Trust and Safety center of excellence» ahead of a U.S. Senate hearing on Jan. 31 about online child sexual exploitation. X Chief Executive Linda Yaccarino is scheduled to testify, along with the CEOs of Meta Platforms, Snap, TikTok and Discord.

24.01 / 22:01

markets UPS Google Apple Software Meta Platforms Microsoft hits $3 trillion market value, second to Apple

By Chibuike Oguh

17.01 / 12:29

markets CEO Platform Banner Meta Platforms Relationships NOT AI era is a 'seismic moment' in tech we've not seen in a decade, top Meta exec says

The new artificial intelligence era represents a huge moment for the tech industry that has not been seen in a decade, according to a top executive at Facebook parent company Meta Platforms.

12.01 / 14:59

markets UPS Google Racing Apple Enterprise Meta Platforms reports Why Big Tech Is Still Minding Its Bills

Even the deepest pockets have their limits. Amazon and Google-parent Alphabet sit on a combined $184 billion in cash and short-term investments. Those two, along with big tech peers Microsoft, Apple and Facebook-parent Meta Platforms, hold the highest such balances among nonbanking companies on the S&P 500, according to data from S&P Global Market Intelligence.

08.01 / 19:59

markets Digital Apple Software Meta Platforms audience rights Videos Apple Vision Pro headset launches next month in push to expand mixed-reality market

Apple’s high-priced headset for toggling between the real and digital world will be available in its stores beginning Feb. 2, launching the trendsetting company’s push to broaden the appeal of what so far has been a niche technology

03.01 / 15:37

DOW Google Platform Apple NVIDIA Meta Platforms US stocks: All three major indices in red, S&P 500 slips 0.5%, Dow 4% after opening

Dow Jones Industrial Average slid 0.4 percent to 37,571.60, while the broad-based S&P 500 Index lost 0.5 percent to 4,718.88. The tech-heavy Nasdaq Composite Index retreated 0.6 percent to 14,670.94. "It's kind of a pullback across markets.

05.12 / 18:15

Manufacturing Google Software Citigroup Boeing Meta Platforms electronic The Companies Conducting Layoffs in 2023: Here’s the List

After a rash of layoff announcements at the beginning of the year, some companies are cutting jobs as 2023 winds down and a strong labor market shows signs of cooling. Tech-industry layoffs, which dominated at the start of 2023, included Facebook parent Meta Platforms, Google parent Alphabet and Microsoft. Then downsizing went beyond high-growth technology companies, with retailers, manufacturers and the financial sector announcing cuts.

04.12 / 08:31

Platform Meta Platforms Spanish media association files $598 million lawsuit against Facebook owner Meta

MADRID (Reuters) — A group representing 83 Spanish media outlets on Monday said it has filed a 550 million euro ($598 million) lawsuit against Facebook owner Meta Platforms (NASDAQ:META), citing unfair competition in the advertising market.

29.11 / 03:21

Digital Platform Fighting WhatsApp TikTok Instagram Meta Platforms social Meta will appeal US judge's ruling in privacy fight with FTC

Meta Platforms, which owns WhatsApp, Instagram and Facebook, said on Tuesday it would appeal a judge's ruling that a US regulator can seek to reduce the amount of money the social media company makes from users under 18. Judge Timothy Kelly of the US District Court for the District of Columbia denied a motion filed by Meta on Monday for the court to hear the dispute with the Federal Trade Commission (FTC).

23.11 / 16:31

Digital ETF PulteGroup Meta Platforms performer innovations travelers 5 Leading Stocks to Be Extremely Thankful for This Thanksgiving

With just 25 trading days left in 2023, U.S. stocks are on track to record one of their best annual performances in recent years, boosted by signs of cooling inflation which have fueled hopes that the Federal Reserve is done raising interest rates.

17.11 / 02:56

Google Platform Enterprise Instagram Meta Platforms social Meta launches AI-based video editing tools

Meta Platforms on Thursday launched two new AI-based features for video editing that could be used for posting to Instagram or Facebook. The first is called Emu Video and it generates four-second long videos with a prompt of a caption, photo or an image, paired with a description. The other is known as Emu Edit that allows users to more easily alter or edit videos with text prompts.

14.11 / 05:53

Platform Meta Platforms social information reports Amazon to sell shopping ads on Snapchat - spokesperson

(Reuters) -Amazon.com will allow Snapchat users in the U.S. to buy some products listed on the ecommerce company directly from the social media app, a spokesperson said on Monday, making it a deal similar to one recently inked with Facebook-owner Meta Platforms (NASDAQ:META).

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