Meta is migrating to Slack for internal communications, a memo from AI chief Alexandr Wang says. Meta said it's making the switch because Slack is the best tool for using AI agents.
Meta Platforms could be approaching a turning point similar to the one that helped propel Alphabet's stock higher last year, as the social media company clears a major legal overhang while preparing a new wave of artificial intelligence products. Shares of Meta currently trade at about 16 times forward earnings, roughly 25% below the company's long-term average and around 45% below their 2025 peak, according to Morgan Stanley analyst Brian Nowak, MarketWatch said.
Meta on Monday removed dozens of advertisements after India flagged a pattern of Facebook and Instagram ads using sexually explicit content to lure users into downloading malware that could steal banking credentials and drain bank accounts.
Meta's smart glasses have a PR problem. So the company is trying to calm consumer nerves with a new PR campaign and privacy settings.
Meta is rated a Strong Buy, driven by a robust ad business, high margins, and a defensible moat. META's hyperscaling capex is justified by clear ROI in ad engagement and recommendation models, with ARPP up 24% and revenue up 27% in Q2 2026. AI investments, including LLMs and recommendation models, are materially improving engagement and monetization, despite Meta lagging in the LLM/cloud race.
Former Mississippi Attorney General Mike Moore took on Big Tobacco in the 1990s and is now working on language for a master settlement with social media companies. Meta this week agreed to pay about $17 billion as part of a settlement with a coalition of state AGs, who accused the company of knowingly creating addictive features for kids and teens.
Meta is a social media leader, and this has translated into $200 billion in annual revenue. Investors, focused on Meta's heavy spending on AI, have shied away from the stock in recent times.
Artificial intelligence was supposed to make workers more productive. Instead, companies are increasingly discovering that the most productive worker can be one they don't have to employ.
As governments and regulators around the world intensify scrutiny of social media's impact on children, Meta's landmark US settlement marks a major shift in how technology companies may be held accountable for the way their platforms are designed and used. Meta has agreed to overhaul parts of Instagram and Facebook in the United States and pay up to $18 billion to settle a landmark lawsuit brought by dozens of states that accused the social media giant of deliberately designing its platforms to addict children and exposing young users to serious mental health harms.
The company is too powerful, the government says, then loads it up with new obligations that require more power.
Earlier this week, Meta agreed to pay $18 billion and make sweeping changes to how minors access its social networks to settle a lawsuit brought by 29 states. But the eye-popping settlement figure wasn't what caught the attention of the Equity podcast team.
Meta agreed to an $18 billion settlement to resolve claims that it designed Instagram and Facebook to addict children, misled the public about the dangers of its platforms, and illegally collected, retained and used children's data. The settlement includes changes to how teens experience the platforms, like a two-hour daily time limit and muted notifications during school hours.