As Facebook parent Meta Platforms Inc. plows ahead with big artificial-intelligence investments, a Bernstein analyst sees parallels to the art world.
With an overbought market and prospects of higher-for-longer interest rates, cash-rich stocks are savvy bets at this point. These companies can generate substantial and free cash flows, which stand out as prudent investments.
Brazil's national data protection authority determined on Tuesday that Meta, the parent company of Instagram and Facebook, cannot use data originating in the country to train its artificial intelligence.
Meta Platforms said on Tuesday it would lift its blanket ban on the word "shaheed", or "martyr" in English, after a year-long review by its oversight board found the social media giant's approach was "overbroad".
Meta plans to bring more generative AI tech into games, specifically VR, AR and mixed reality games, as the company looks to reinvigorate its flagging metaverse strategy.
Brazil's National Data Protection Authority (ANPD) has decided to suspend with immediate effect the validity of Meta's new privacy policy for the use of personal data to train generative artificial intelligence systems in the country.
Advanced editing software is blurring the lines between real and AI-generated posts.
It's not a good day for Meta in the EU. The European Commission says Meta's "pay or consent" advertising model is in breach of the EU's Digital Markets Act.
Needham analyst Laura Martin reiterated an Underperform rating on the shares of Meta Platforms Inc META. Needham's Underperform rating closely corresponds to the “Sell” recommendation required by the FINRA.
Meta was charged Monday with violating Europe's sweeping tech competition law by forcing customers into a restrictive “pay or consent” model for ads on Instagram and Facebook.
If EU regulators determine the social-media company broke its rules, it could face a fine of up to 10% of its worldwide revenue.
The European Commission says Meta needs to give people more choice in how the company uses their data.