Meta will stop Instagram, Facebook and Threads for users in Australia under the age of 16, the company has said.
Bloomberg's Riley Griffin discusses Meta's victory against the Federal Trade Commission in its antitrust case and what the win signals to investors about the social media landscape and Meta's future. She joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.
As Australia's social media ban for teens under the age of 16 looms, Meta has started notifying teenage Facebook and Instagram users about the fate of their accounts.
The market has been quite unforgiving to the big names in AI, especially those with hefty AI spending plans.
Meta Platforms (META) stock has decreased by 20.5% in under a month, from $751.67 on 29th Oct, 2025 to $597.69 currently. Is this dip a buying opportunity?
META Platforms stock (NASDAQ: META) has declined by 18.4% within a span of 21 trading days. This significant drop indicates renewed worries among investors concerning the company's aggressive expenditure on both AI infrastructure and its Reality Labs division.
Social media giant Meta Platforms (NASDAQ: META) is facing renewed Wall Street caution after MoffettNathanson lowered its price outlook.
Shares of Meta Platforms Inc. (NASDAQ: META) lost 4.94% over the past five trading sessions after losing 0.78% the five prior.
Spain's Prime Minister Pedro Sanchez said on Wednesday his government would investigate Facebook and Instagram owner Meta for possible violation of privacy of users of its social media applications.
Meta Chief Revenue Officer John Hegeman said Tuesday (Nov. 18) that he is leaving the firm after 17 years to start his own company. Announcing the move in a post on Facebook, Hegeman said he had “decided it's time to close this chapter and pursue a long-standing dream — starting a new company.
Meta's chief revenue officer is leaving at a time when Wall Street has become more concerned about the return on AI investments.
The FTC claimed Meta held an illegal monopoly in social networking.