Meta has agreed to pay up to $16.68bn (£12.26bn) to dozens of US states to settle claims that its social media platforms harmed children.
The social media giant settled with 47 states, the District of Columbia and U.S. territories, and agreed to make major changes to its products over claims its platforms endangered children.
Meta and coalition of state attorneys general have settled a major federal trial centering on allegations that the social media giant misrepresented the extent of child-related mental health harms caused by apps like Facebook and Instagram. In this article META
I expected Q2 to clarify Meta Platforms, Inc.'s cloud strategy. Instead, the silence left me more disappointed with the company than before. In my view, META's $130-$145 billion of 2026 CapEx needs a concrete explanation. I want Meta renting compute, not only buying it from neoclouds. Zuckerberg said that outside buyers offered a meaningful premium for Meta's compute. I would rather take that demand than keep chasing frontier-model differentiation.
Meta Platforms could turn its aggressive investment in artificial intelligence infrastructure into a significant new source of revenue if it chooses to sell some of its excess computing capacity to external customers, according to Evercore ISI. The social media company is targeting 14 gigawatts of total compute capacity by 2027 as it rapidly expands its data-center footprint and develops its own AI infrastructure.
Social media giant Meta has been in discussions with multiple U.S. states to settle a major child privacy and consumer protection case out of court, Bloomberg News reported Tuesday.
Chinese robotics companies shut out of the U.S. can still reach American buyers by building genuine operations in Singapore, said Vertex Ventures China CEO. Washington's ban has closed off the U.S. market just as Chinese robotics manufacturers pull ahead in the hardware.
This month has proven particularly busy for Meta Platforms (NASDAQ: META) stock insider trading activity, even relative to the already-heightened summer volume, and August 18 emerged as a standout day.
Irregular, an Israeli start-up, worked with OpenAI, Anthropic and Meta to assess the security of their A.I. models. It made a mistake.
Prominent artificial intelligence (AI) researcher Luke Metz has joined Superintelligence Labs at Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB), the social media and technology company. Metz starts at Meta this week and will report directly to Alexandr Wang, who heads the company's artificial intelligence development efforts.
Meta Platforms is upgraded from Hold to Buy as the recent 26% price drop provides a margin of safety despite elevated CapEx risks. META's core advertising business, now 98% of revenue, continues to deliver robust growth with AI-driven improvements in ad pricing and efficiency. AI investments are already yielding tangible returns, with a 22% increase in ROAS and improved ad metrics, supporting mid-teens FCF growth expectations.
META's 17% YTD drop reflects rising AI costs, weaker cash flow and higher debt, even as AI lifts engagement and ad efficiency across its platforms.