Meta is changing the way it labels content that has been edited or modified by AI tools on Instagram, Facebook, and Threads. For this type of content, Meta is moving the “AI info” label to the post's menu.
Not all of the tech is in a bubble: Meta Platforms continue to look compelling. The most recent quarter saw the company post 22.1% YoY revenue growth and a 50.4% GAAP operating margin in Family of Apps. The stock looks cheap here, but the current valuation is already inclusive of Reality Labs' losses, making up over 30% of net income.
Facebook acknowledged in a Senate inquiry yesterday that it is scraping the public photos of Australian users to train its artificial intelligence (AI) models.
Meta added new features and programs to the WhatsApp Business app in India to help the country's businesses use WhatsApp to communicate with their customers. The tech giant shared the news about the messaging and calling app during its first WhatsApp Business Summit in India, Meta said in a Thursday (Sept.
Meta Platforms beat consensus expectations on both top and bottom-line in 2Q24, generating strong revenue growth and margin expansion. Family of Apps segment saw operating margin expand to 50%, due to solid revenue growth and discipline on expenses. Outlook for 3Q24 remains positive, with healthy advertising demand, revenue guidance exceeding consensus, and increased capital expenditure for AI research and development.
In an attempt to prevent suicide and self-harm content from spreading online, the nonprofit Mental Health Coalition (MHC) today announced a new program, Thrive, aimed at encouraging online platforms to share “signals” of potentially harmful material.
San Mateo County, California, home to tech giant Meta, urged Congress to pass legislation requiring social media companies to add labels to their platforms warning people about their potential to harm users' mental health.
Meta Platforms (META) reachead $504.79 at the closing of the latest trading day, reflecting no change compared to its last close.
DA Davidson analyst Gil Luria initiated coverage on Meta Platforms Inc META with a Buy rating and a price target of $600.
DA Davidson analysts say Facebook's parent Meta exemplifies the benefits of being led by its founder more than any other mega cap—even Nvidia.
Meta is poised to be an open-source leader for the next two major tech platforms, say analysts.
The growth of digital advertising should result in robust top-line gains. Meta is extremely profitable, with a strong net cash position, allowing it to make huge AI investments.