Meta Platforms Inc Class A (META)
Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for European Union users to comply with regulatory demands in the region. The social media company will also offer EU users access to Facebook and Instagram for free if they agree to be shown ads based on a limited set of user data, the company said in a Tuesday blog.
In Europe, Instagram Ads Are About to Get Less Personal
The Facebook and Instagram owner faces pressure in Europe to ask before using data to target ads or train artificial intelligence.
Facebook and Instagram users in Europe can opt for less personalized ads
Facebook and Instagram users in Europe will get the option to see less personalized ads if they don't want to pay for an ad-free subscription, social media company Meta said Tuesday, bowing to pressure from Brussels over privacy and digital competition concerns.
Activist ValueAct has $1 billion stake in Meta, sources say
ValueAct has a roughly $1 billion stake in Meta, according to people familiar with the matter. The activist's specific plans could not immediately be learned, but ValueAct CEO Mason Morfit is said to be broadly supportive of CEO Mark Zuckerberg's AI push.
ValueAct takes $1 billion stake in Meta, source says
Hedge fund ValueAct Capital has taken a $1 billion stake in Facebook and Instagram-parent Meta Platforms , a source familiar with the matter said on Tuesday.
Facebook Slashes Price for Ad-Free Subscriptions in Europe
Meta is lowering the price of ad-free subscriptions for European Facebook and Instagram users. The social media giant is reducing the price of those subscriptions by 40% in the European Union, according to a Tuesday (Nov. 12) company blog post.
Meta to offer less personalized ads in Europe to appease regulators
Meta Platforms plans to offer Instagram and Facebook users in Europe the option to receive "less personalized ads," the tech giant announced on Tuesday, in an effort to allay regulators' mounting concerns.
Meta Testing Experiential Retail to Sell Ray-Ban Meta Smart Glasses
Meta is promoting its Ray-Ban Meta smart glasses at a Meta Lab pop-up store in Los Angeles that lets visitors experience the glasses firsthand.
META Rises 67% Year to Date: Is the Stock Still a Screaming Buy?
Meta Platforms' expanding AI prowess, which is helping it add new features to Facebook and Messenger, is driving prospects.
Five reasons why Trump's return could radically reshape AI sector
Donald Trump's return to the White House is set to reshape the artificial intelligence industry, according to research from Deutsche Bank, whose analysts outlined five major shifts in approach that could impact both businesses and national security. Diverging sharply from the Biden administration's policies, the president-elect's relationships with tech leaders such as Elon Musk, a vocal supporter and financial backer of his campaign, could give Silicon Valley a direct influence on policy.
Meta Platforms Q3: Significant Near-Term Downside Volatility Is Likely
Meta Platforms beat Q3 EPS by $0.73 and revenue by $159.52M; daily users hit 3.29B (+5% YoY). Yet, its enterprise value is too high, with a -20.5% margin of safety. 2024 projected revenue is $163.12B; EBITDA margin likely to expand to 55% by 2034. Reality Labs lost $4.4B in Q3, a division that could present long-term risks. Using a 10-year 12% revenue CAGR and a terminal EV/EBITDA multiple of 12.3, META's intrinsic enterprise value is estimated to be $1.17 trillion vs. the current $1.47 trillion.
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