Meta on Tuesday gave posts from apps or servers synced to the "fediverse" a dedicated feed at Threads, its challenge to the X platform originally known as Twitter.
Meta offered $100 million bonuses to OpenAI employees in an unsuccessful bid to poach the ChatGPT maker's talent and strengthen its own generative AI teams, the startup's CEO, Sam Altman, has said.
While Meta had sought to hire “a lot of people” from OpenAI, none of its best people have accepted the offers. The news comes amid efforts from Mark Zuckerberg to ramp up Meta's AI talent pool.
Meta is working on a pair of AI smart glasses with the Italian high fashion brand, Prada, according to a report from CNBC on Tuesday. It's unclear at this time when Meta's Prada smart glasses will be publicly announced.
Meta and EssilorLuxottica plan to release versions of their AI-powered smart glasses under the Oakley and Prada brands, CNBC has learned. The Oakley version of the glasses may cost around $360 as they are more weather resistant than their Ray-Ban counterparts.
Facebook announced on Tuesday that all videos on its platform will soon be shared as reels, regardless of their length or orientation. Up until now, users have been able to share both video posts and reels.
META adds ads to WhatsApp Status and leans on AI to boost ad performance, aiming to grow revenues despite rising competition.
WhatsApp monetization begins, potentially adding $15B+ annual revenue from Meta Platforms, Inc.'s nearly 3B global users. Meta takes 49% stake in Scale AI and hires founder Alexandr Wang for internal AI initiatives. WhatsApp ads + Scale AI deal could lift EPS by $2.33, raising my 2026 estimates to $30.57/share.
Key Points From a financial standpoint, Meta Platforms should have no problem paying a higher dividend.
Harmful content including hate speech has surged across Meta's platforms since the company ended third-party fact-checking in the United States and eased moderation policies, a survey showed Monday.
Meta Platforms Inc. is stepping up its efforts to make money off of its hugely popular WhatsApp messaging service with advertising features and other options for businesses — and one analyst says this could translate to more than $10 billion in annual revenue within a few years.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has seen its price target boosted by Oppenheimer analysts, who have improved their outlook for the tech giant based on stronger-than-expected advertising market trends. They upped their price target to $775 from $665, implying upside from Meta's share price of about $702 on Monday morning.