META Meta Platforms Inc.
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Meta Target Hiked to $875 at Jefferies, Driven by Muse AI
Jefferies raised its price target for Meta Platforms to $875 from $710. The investment bank maintains a Buy rating on the stock. The upgrade follows a share...
a16z Invests $35M in College-Alternative Academy with Tech Giants' Support
Venture capital firm Andreessen Horowitz (a16z) is investing $35 million to launch the Horowitz Andreessen Academy, an independent, unaccredited two-year...
π’ Meta is trading 10% up today after Wells Fargo raised price target to $796
Meta is trading 10.08% up at $732.30 after Wells Fargo raised the price target to $796 from $640, citing progress in artificial intelligence initiatives. -...
Meta's Petabit Subsea Cable Sends Shares Surging β But Can Infrastructure Spending This Massive Keep Paying Off?
Shares of Meta Platforms jumped 5.7% to $703.44 Monday morning after the company unveiled what it called the first petabit-capacity transoceanic subsea cable,...
π’ Meta surges 6.3% after Petal subsea cable announcement, Wells Fargo upgrade, and ahead of AI event
Meta is trading at $703.44 (+6.30%) today, driven by several key developments: The company announced "Petal," a 7,000-kilometer U.S.-France subsea cable set...
Meta Launches Petal Subsea Cable, Doubling Atlantic Data Capacity by 2029
Meta Platforms launched Petal, the first subsea cable system delivering petabit-per-second capacity across the Atlantic Ocean. The 7,000-kilometer cable...
π’ Meta is trading 5% up today on broad tech and AI-linked rally
Meta is trading 5.02% up at $698.60 after a broad risk-on opening lifted technology and AI-linked stocks. - The Nasdaq Composite is up 0.86%; falling oil...
Meta Grants UK Union Access to 5,000 Staff, Preempting New Laws
Meta signed a voluntary agreement with the UKβs Prospect trade union to allow direct recruitment of its 5,000 local employees. This marks the first formal...
Meta struggles to scale Muse AI, hampered by historic privacy scandals
Meta faces a significant hurdle in its artificial intelligence expansion, specifically with its personal agent Muse. This AI requires deep access to personal...
Meta challenges UK safety rules, disputing WhatsApp and Instagram status
Meta launched a legal challenge against UK regulator Ofcom regarding the Online Safety Act. The company disputes the categorization of WhatsApp and Instagram...
Meta's Muse AI Claims Top App Store Spot, Surpassing ChatGPT
Meta Platforms' AI agent, Muse, reached the number one spot among free applications on Apple's U.S. App Store. The milestone occurred just over one week...
French Prosecutors Launch Criminal Probe Into Use of Smart Glasses for Sexual Harassment
Paris prosecutors have opened at least one criminal probe into suspected sexual harassment involving the use of smart glasses to secretly film women in public....
Meta must overhaul AI deepfake rules, citing fundamentally inadequate policies
Metaβs Oversight Board has ordered the company to overhaul its AI-generated content policies, labeling current rules consistently and fundamentally inadequate....
Meta Liable for Fraudulent Ads, German Court Orders Damage Payments
A German court ruled Meta Platforms liable for fraudulent third-party advertisements on Facebook and Instagram. The court ordered the company to remove the...
Manus Raising $500M at $4B Valuation, After Blocked Meta Deal
AI startup Manus is finalizing a $500 million funding round. The investment doubles the company's valuation to $4 billion. This financing establishes Manus as...
Meta, Nvidia, and xAI Stall Trump AI Plan, Opposing New Oversight
Mark Zuckerberg of Meta, Jensen Huang of Nvidia, and Elon Musk of xAI successfully persuaded Donald Trump to stall a pending AI regulatory framework. Senior...
EU proposes Kids Act banning social media for under-13s, citing addiction
European Commission President Ursula von der Leyen unveiled the EU Kids Act during her State of the European Union address. The legislation proposes a ban on...
Zuckerberg Champions Open AI, Says Labs Ignoring Safety and Alignment Will Fail
Meta CEO Mark Zuckerberg stated that AI labs have both a responsibility and a business incentive to prioritize safety and alignment, warning that those who...
Meta to Reportedly Launch Camera-Free AI Smart Glasses This Fall
Meta Platforms is reportedly planning to release a new pair of camera-free smart glasses this fall, according to a report from The Information. The new model,...
Meta launches Meta One tiered subscriptions, aiming to monetize AI investments
Meta launched Meta One, a tiered subscription service bundling features across Instagram, Facebook, and WhatsApp. The company aims to diversify revenue beyond...