Meta will lay off 10% of its workforce, equating to about 8,000 employees, as it continues investing heavily into artificial intelligence, the company confirmed on Thursday. In this article META
Employees at Meta Platforms may soon feel like they're spilling TMI to their employer's MCI.
META rolls out Live Chats on Threads, aiming to boost real-time interaction and user engagement as competition heats up in the digital ad space.
Mark Zuckerberg's Meta tried to delay posting bond for millions of dollars in damages after it was found liable for fueling teen social media addiction in a historic California state court ruling last month, documents revealed.
Meta announced on Thursday an improved Meta Account system designed to make it easier for users to sign in and manage their Meta accounts and devices.
Meta Platforms is poised for strong FQ1 2026 earnings, driven by robust revenue growth and consistent earnings beats. META's forward P/E of 22.15 and accelerating AI-driven monetization signal a compelling valuation, with a fair value estimate 20% above current levels. WhatsApp's premium subscription testing and significant cost-saving layoffs enhance both monetization and operating efficiency for META.
Galvin Gaustad and Stein LLC grew its position in shares of Meta Platforms, Inc. (NASDAQ: META) by 769.7% during the undefined quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 18,550 shares of the social networking company's stock after purchasing an additional 16,417 shares during
JM2 Capital Inc. purchased a new stake in Meta Platforms, Inc. (NASDAQ: META) during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,821 shares of the social networking company's stock, valued at approximately $3,842,000. Meta Platforms accounts for
Financial Futures Ltd Liability Co. increased its position in shares of Meta Platforms, Inc. (NASDAQ: META) by 98.4% in the undefined quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 2,222 shares of the social networking company's stock after purchasing an additional 1,102 shares during
Assetmark Inc. grew its holdings in shares of Meta Platforms, Inc. (NASDAQ: META) by 4.8% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 906,609 shares of the social networking company's stock after purchasing an additional 41,579 shares during the
“Magnificent Seven” stocks are in focus as we approach a pivotal week for the US stock market, with five of them (MSFT, AMZN, AAPL, META, and GOOGL) slated to report their Q1 earnings. These mega-cap names will offer valuable insights not just into the health of the tech sector – but the broader economy as well – particularly as investors weigh the impact of AI capex against actual bottom-line growth.
As part of a project to train its AI models, Meta plans to capture employee use of popular sites and apps like Google and Wikipedia, according to internal documents viewed by CNBC. Reuters previously reported on a new employee tracking tool, dubbed Model Capability Initiative (MCI), which allows Meta to observe staffers' actions on the web.