Meta Platforms' Oversight Board on Wednesday told the company to keep up a Facebook post superimposing the faces of U.S. Democratic presidential candidate Kamala Harris and her running mate Tim Walz onto a parody "Dumb and Dumber" movie poster showing the characters pinching each other's nipples through their clothing.
Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) and CEO Mark Zuckerberg saw the dismissal of a lawsuit that accused them of misleading shareholders about the safety of children using Facebook and Instagram. US District Judge Charles Breyer ruled that the plaintiff, Matt Eisner, failed to demonstrate that shareholders suffered financial losses due to Meta's alleged lack of disclosures.
Judge rules plaintiff, Matt Eisner, failed to show alleged inadequate disclosures hurt shareholders
Social Media giant Meta is set to roll out facial recognition technology in an effort to combat scams that use fake celebrity images. Bloomberg's Kurt Wagner joins Ed Ludlow and Caroline Hyde to discuss on "Bloomberg Technology.
Meta Platforms and Chief Executive Mark Zuckerberg won the dismissal of a lawsuit claiming they misled shareholders in Meta's proxy statement about their ability to ensure the safety of children who use Facebook and Instagram.
BofA Securities analyst Justin Post maintained a Buy rating on Meta Platforms Inc META with a price target of $630.
Brent Thill, Jefferies analyst, joins CNBC's 'The Exchange' to discuss outlooks on Meta, why he's raising his price target on the stock, and more.
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Among the big tech companies, Meta stock has significantly outperformed since the last earnings due to a better monetization path for its AI investment. This outperformance of META stock can continue in this earnings season and the next few quarters because of the rapid returns within its AI services for advertisers. Meta is well positioned to beat Apple in the AR/VR space due to higher spending ability and clear focus.
Social media company says it has seen ‘promising results' in detecting the scam ads, which have included deepfake images of Gina Rinehart and Guy Sebastian
In the closing of the recent trading day, Meta Platforms (META) stood at $575.16, denoting a -0.23% change from the preceding trading day.