Meta Platforms Inc Class A (META)
Mark Zuckerberg says White House ‘pressured' Facebook to censor Covid-19 content
Meta boss regrets bowing to government power and says he would not make the same choices today
Mark Zuckerberg says White House 'pressured' Meta to 'censor' Covid-19 content
The Biden Administration "pressured" Facebook-parent Meta to "censor" content related to Covid-19, the social media giant's CEO Mark Zuckerberg had alleged. Zuckerberg said it was ultimately Meta's decision to take down any content, but he noted he believes that the so-called "government pressure was wrong.
Zuckerberg says Biden administration pressured Meta to censor COVID-19 content
Meta Platforms CEO Mark Zuckerberg said senior officials in the Biden administration had pressured his social media company to censor COVID-19 content during the pandemic, adding that he would push back if this were to happen again.
Meta CEO Zuckerberg says US pressure on Covid-19 posts was 'wrong'
Meta CEO Mark Zuckerberg believes US government pressure on his social media platforms to take down certain COVID-19 content in 2021 was "wrong," and said he would resist similar attempts in the future, according to a letter submitted to a US congressional committee.
Meta reportedly axes VR headset signaling Reality Labs overhaul
Reports that Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) has cancelled the development of a high-end virtual reality headset point to broader cost-cutting action in its Reality Labs division which is key to boosting sentiment towards the stock, analysts at Bank of America believe. The Information reported that Meta has cancelled the headset, expected to launch in 2027 to rival Apple's Vision Pro.
Analyst Estimates Bullish On Nvidia, Meta, These Others
Nvidia stock is nearing a buy point as analysts expect profits to rise. Analysts are also bullish on Meta, Arista Networks and Abercrombie & Fitch.
Meta Stock Still Faces a Drag from Metaverse Losses. That Could Change Soon.
Meta's Reality Labs, the division working on VR or metaverse technology, booked a $16 billion loss in 2023.
Meta Platforms: Rapid Monetization Of AI Investment Makes It Very Attractive
Meta's AI investment is paying off as the company has shown strong improvement in ad impressions and price per ad. Wall Street is cautious about the aggressive forward capex plans of Meta, but the company could show better than expected results as new AI tools are monetized. Meta's Reels, Threads, and WhatsApp platforms are also showing strong tailwinds as competitors face new challenges.
Meta And The Case For A 20% Rally Before Christmas
Despite falling close to 20% during the late July / early August selloff, shares of tech titan Meta Inc NASDAQ: META have already recovered. They've done more than just recover, in fact, as they hit a fresh all-time high during last Thursday's session off the back of a 25% rally in just a single month.
2 Tech Stocks You Can Buy and Hold for the Next Decade
Spotify Technologies generates roughly 90% of its revenue from its subscribers. Meta Platforms' enormous free cash flow (nearly $50 billion) dwarfs even that of energy giants like ExxonMobil and Chevron.
CEOs of Meta and Spotify Say EU Regulations ‘Stifle Innovation'
European Union (EU) regulations impacting artificial intelligence (AI) may deny the region's businesses, academics and others the chance to participate in new technology investment and economic growth opportunities, Meta CEO Mark Zuckerberg and Spotify CEO Daniel Ek wrote in a joint statement released Friday (Aug. 23).
Meta says it found WhatsApp accounts linked to Iranian hackers targeting Biden and Trump
Meta said that it blocked a "small cluster" of WhatsApp accounts linked to an Iranian hacking group that targeted officials associated with President Joe Biden and former President Donald Trump. The company said in a blog post that the bogus WhatsApp accounts appeared to originate from the Iranian threat actor dubbed APT42.
