Meta Platforms Inc Class A (META)
How a small Israeli startup was linked to rogue AI hacks at OpenAI, Anthropic and Meta
Over a two-week stretch, OpenAI, Anthropic and Meta all revealed that their AI models went rogue during routine security testing. The companies each cited a small Israeli startup: Irregular.
I went from wedding DJ to Meta engineer, then was laid off after 13 years. My last years there brought constant change.
Henry Chen went from wedding DJ to Meta engineer before being laid off after 13 years. He taught himself to code, rising from conference room technician to tech lead.
META: Why The Market's Reaction Is Justified This Time Around (Rating Downgrade)
Meta Platforms is downgraded from BUY to HOLD, with a base case price target of $631, reflecting a modest 6.6% upside. META's recent underperformance stems from its failure to provide concrete demand signals alongside increased capex, unlike hyperscaler peers. Despite leading revenue growth at 28% y/y, META's profitability declined due to surging R&D expenses and decelerating ad metrics.
Cathie Wood's Ark Piled Into Nvidia and Taiwan Semiconductor After Meta's Earnings Miss. Here's What It Signals for Artificial Intelligence (AI) Stocks.
Meta recently announced plans to increase its artificial intelligence (AI) capex budget. As AI infrastructure spending accelerates, GPU designers such as Nvidia are positioned to capture additional spend from hyperscalers.
EU tells Meta, TikTok to boost monitoring, fact-checking
The EU's tech chief called on Meta and TikTok to "act decisively" to stem disinformation at times of crisis, saying the European Commission held talks with both platforms Friday following last week's Ceuta migrant surge.
Meta CTO says employees should use AI productivity gains to do more work — not take more time off
Meta executive Andrew Bosworth was asked at a Q&A if AI gains could be used to take more time off. Bosworth replied that it should instead be used to build "cooler stuff" for Meta users.
Explainer: How could New Mexico's $567 million ruling change Meta?
A New Mexico state court ordered Meta Platforms, owner of Facebook and Instagram, to make major changes to its platforms and pay the largest sum yet in a growing wave of U.S. litigation over claims that social media harms young people.
Meta's $942 Million Penalty Is Small, but the Legal Risk Is Growing
Meta Platforms was ordered to pay $942 million in a New Mexico case over harm to children, but investors may be more concerned about the growing wave of similar lawsuits.
Meta ordered to pay more than US$900 million in New Mexico child safety case
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) has been ordered to pay more than US$900 million after a New Mexico judge significantly increased the...
New Mexico court orders Meta to pay additional $567M in child safety case
A New Mexico Court judge on Thursday ordered Meta to pay a fine of $567 million, on top of the $375 million levied in March, in a case regarding social media harms and addiction. This brings the total fines the company has to pay to $942 million.
New Mexico Court Orders Meta To Pay Nearly $1 Billion In Landmark Child Safety Case
The ruling compared Meta to a polluting factory and said: “the Court finds and concludes that, just as noxious pollution produced by the factory can harm the common public right to reasonably clean air, the harmful effects of Meta's platforms on children do not stay contained by its platforms and, instead, migrate to the internet as a whole and, perhaps most concerning, to the real world and create a common, societal burden on and harm to the affected children and their families and schools, as well as hospitals and law enforcement.”
Court orders Instagram and Facebook's Meta to pay $567M to address kids' mental health online
A New Mexico court has ordered Instagram and Facebook parent company Meta to pay $567 million to address harms to young people from its platforms in the second phase of a landmark trial.
