Meta announced on Monday that it has appointed former Trump advisor Dina Powell McCormick as president and vice chairman of the company. Meta said Powell McCormick will be a member of the company's management team and will help guide Meta's overall strategy and execution.
Meta names former Trump advisor Dina Powell McCormick as president, vice chair
Meta has landed one of Wall Street's most connected dealmakers as it expands its AI growth.
Meta is urging Australia to reconsider its social media ban for under 16s as teens look to circumvent the law via alternative platforms. The ban restricts access to platforms like Meta's Instagram, Snapchat, Reddit, YouTube and TikTok.
Tech giant Meta urged Australia on Monday to rethink its world-first social media ban for under-16s, while reporting that it has blocked more than 544,000 accounts under the new law.
Gaming and social media platforms are taking steps to identify teen users and ensure they don't see inappropriate material. Some privacy advocates have concerns.
Visa and Novartis have strong dividend track records and attractive long-term outlooks. Meta Platforms initiated a dividend two years ago, adding appeal to its already strong growth prospects.
AI stocks, which have skyrocketed in recent years, have surely grown wealth for many investors. Investors have piled into these players to bet on what could be a game-changing technology.
Bank of America's Andrew Obin joins 'Closing Bell Overtime' to talk the pace of data center investment as AI companies race to build out capacity.
Meta signed agreements with three nuclear energy companies to help power its artificial intelligence-focused data centers. The agreements with Vistra, TerraPower and Oklo, together with one signed with Constellation Energy last year, make Meta one of the top buyers of nuclear energy in the United States, Meta said in a Friday (Jan.
Meta today announced three deals to provide its data centers with nuclear power, one from a startup, one from a smaller energy company and one from a larger company that already operates several nuclear reactors in the U.S.
Several nuclear energy stocks surged Friday morning thanks to new agreements with a Big Tech giant.