Facebook and Instagram owners Meta is offering popular US creators from competitors' apps such as TikTok the chance to earn $5,000 (£4,040) in bonuses to make content on its platforms.
Databricks said on Wednesday Meta Platforms had joined as an investor in a $10 billion funding round intended to fuel the data analytics startup's expansion plans and new product development.
Meta Platforms (META) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Meta Platforms (META 0.81%) has done an excellent job finding growth despite its massive scale.
Meta has invested in data analytics software company Databricks. The two companies work together on Llama open-source artificial intelligence models.
Meta stock is up 5% so far this year and momentum is looking strong, Jefferies analysts say.
Mark Zuckerberg, the co-founder and CEO of Meta Platforms (NASDAQ: META), recently executed significant stock sales, as disclosed in a Form 4 filing with the Securities and Exchange Commission (SEC).
Meta executives met with advertisers in recent days to reassure them following some company changes. Meta has cut third-party fact-checkers and replaced them with community notes.
Meta's Reality Labs is expanding its lineup of AI smart glasses with a new pair of Oakley-branded spectacles targeted at athletes, according to Bloomberg's Mark Gurman.
Consensus estimates for Meta's 2025 are too low, baking in significant revenue slowdown and margin contraction. The market is once again underestimating the company's dominant position in digital advertising, its critical role for businesses, and the company's ability to execute at an extraordinary pace. Investor worries of a jaw-dropping capex or expense guide are exaggerated in my view, with Meta consistently showing it remains highly focused on efficiency, evidenced by recent layoff announcements.
Meta ends its third party fact-checking in the US but says Europe's fact-checking structure will remain the same for now. Bloomberg's Kurt Wagner joins Caroline Hyde and Mike Shepard on "Bloomberg Technology" to discuss.
Laura Martin, senior internet and media analyst at Needham, joins ‘The Exchange' to discuss why she has a 'buy' rating on Apple, whether TikTok ban could benefit other social media platforms, and more.