Workers at contractor in Accra say they have suffered from depression and anxiety as a result of their work
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Get a deeper insight into the potential performance of Meta Platforms (META) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Meta is undervalued due to tariff fears and skepticism about AI investments. Expectations for Q1 earnings are low, setting us up for a post-earnings rally. META's AI potential could significantly boost profits, making it a strong buy.
Meta laid off employees in Reality Labs amid restructuring efforts in hardware and VR. The layoffs affected Oculus Studios and Supernatural, Meta's VR gaming and fitness apps.
Meta laid off employees on Thursday in its Reality Labs division, which encompasses various virtual and augmented reality projects. The cuts impact employees within Oculus Studios, which develops apps and games for Meta's Quest headsets.
In an ongoing antitrust case, the Federal Trade Commission says that Meta has a monopoly on “personal social networking services” and should have to spin off Instagram and WhatsApp.
Facebook will begin lowering the reach of accounts sharing spammy content and making them ineligible for monetization, Meta announced on Thursday. The company is also increasing efforts to remove Facebook accounts that coordinate fake engagement and impersonate others, it says.
If artificial intelligence had a red carpet, the Big Four, Microsoft, Amazon, Alphabet and Meta, would be the ones hogging the flashbulbs. Their multi-billion-dollar investments and slick demos dominate headlines.
Meta Platforms has rebounded with a focus on efficiency, AI advancements, and new revenue streams, making the stock attractive again after a challenging period. Meta's AI-driven advertising and user engagement strategies, along with investments in VR/AR, position it well for future growth despite fierce competition. The company faces regulatory and economic risks, but its strong balance sheet and proven efficiency measures provide a solid foundation for resilience.
The board, which operates independently but is funded by Meta, cited concerns that the company had made the changes “hastily, in a departure from regular procedure."
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) is expected to report another quarter of double-digit percentage growth for both revenue and profits when it hands down its first quarter earnings next week. For the period, the Instagram and WhatsApp owner is expected to report revenue of $41.2 billion, up 13.1% from $36.5 billion in Q1 2024, with growth driven by Meta's core advertising business.