Meta Platforms News - August 24, 2026
Baillie Gifford Reduces Meta Platforms Stake by 22% in Q2 2026
In a quarterly disclosure filed with the SEC, investment manager Baillie Gifford revealed a significant reduction in its holdings of Meta Platforms (META). As...
Dodge & Cox Increases Meta Platforms Stake by 29%
Value investing giant Dodge & Cox significantly increased its position in Meta Platforms (META) by 29.41% during the second quarter of 2026, bringing its total...
New Zealand proposes under-16 social media ban, threatening massive revenue fines
New Zealand introduced legislation to ban social media access for children under 16. Prime Minister Christopher Luxon stated the bill aims to protect youth...
Meta Hires Prominent AI Researcher Luke Metz From Rival OpenAI
Prominent AI researcher Luke Metz has joined Meta's Superintelligence Labs, departing from rival OpenAI. This move underscores the escalating competition for...