Meta Platforms Inc Class A (META)
Meta to set up $50M privacy payment scheme to settle Australian proceeding
Meta has agreed to a $50 million payment program to settle a long-running proceeding in Australia related to misuse of information for political ad targeting, the country's information watchdog OAIC announced Tuesday.
Meta to pay $32 mln as it settles Facebook quiz app's privacy breach
The Australian Information Commissioner said on Tuesday it has withdrawn civil penalty proceedings against Meta Platforms that it had brought in 2020 after a A$50 million ($31.85 million) settlement by the Facebook parent.
Meta adds live translation, AI video to Ray-Ban smart glasses
Meta Platforms said on Monday it has updated the Ray-Ban Meta smart glasses with AI video capability and real-time language translation functionality.
Meta Platforms (META) Upgraded to Buy: What Does It Mean for the Stock?
Meta Platforms (META) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Meta Can Deliver Big EPS Surprises In 2025, As Competitive Landscape Improves
The TikTok ban is becoming increasingly likely after the appeals court upheld the previous law requiring the company to divest. TikTok is expected to earn $12.3 billion in ad sales in the U.S. in 2024, but the impact on Meta would be bigger due to better monetization. Meta's revenue per minute of user time spent on its platform is significantly higher than TikTok and any diversion of traffic to Meta could lead to a big revenue jump.
Meta put on watch over terrorism content in the EU
Ireland's media regulator has put social media giant Meta on watch over terrorist content takedowns again — it issued a decision against Facebook on Monday. The Coimisiún na Meán said the tech giant would have to take “specific measures” to prevent its services from being used for the dissemination of terrorist content and report back to the regulator on the measures taken.
TikTok, Meta have three months to clean up as new UK rules come into force
Social media firms have been told they have one final chance to tighten up on criminal activity and abuse on their platforms. A new online safety act came into force today, requiring platforms such Meta's Facebook and TikTok to have new safeguards in place by 16 March 2025.
The Best Stocks to Invest $50,000 in Right Now
With 2025 just around the corner, some people may be sitting on a lump of cash they'd like to deploy to the market. It doesn't matter if it's $50 or $50,000; most brokerages give investors access to fractional shares so they can buy the same stocks as someone with a much larger account balance can (just in smaller quantities).
Meta contractor dismissed threats to moderators by Ethiopia rebels: court documents
A contractor hired by Facebook's parent company Meta dismissed threats to content moderators by Ethiopian rebels angered by their work, according to new evidence filed in a case challenging the dismissal of dozens of moderators in Kenya.
Meta's Rally Isn't Over: Why It Remains A Buy
Meta has rebounded significantly, returning over 88% in the last 12 months. The faced challenges, including slow user and revenue growth, of the last few years seem to be largely solved. Despite risks like heavy Metaverse investments and dependency on device manufacturers, the company could still be at attractive levels.
Possible Stock Splits in 2025: 2 Unstoppable Stocks Up 390% and 300% in 2 Years to Buy Now, According to Wall Street
A stock split can be a signal from a company's management that it expects the recent strong price performance of its stock to continue into the future. Splitting shares won't change the fundamentals of the underlying business, but it can make the stock price more manageable for things like stock-based compensation and options trading.
Meta urges California attorney general to stop OpenAI from becoming for-profit, WSJ reports
Meta Platforms is urging California's attorney general to block OpenAI's planned conversion to a for-profit company, the Wall Street Journal reported on Friday.
