Meta Platforms was charged by EU antitrust regulators on Monday for failing to comply with landmark tech rules as they took aim at its newly introduced pay or consent advertising model.
Meta's suite of social networking apps offers a compelling entertainment and communication platform for users and attractive advertising opportunities for marketers. Meta has shown resilience against regulatory and competitive pressures, and strong financial performance on the back of the company's incredible user network should continue. While Meta's valuation may appear expensive, we think the price is justified by the company's growth and profitability outlook.
The European Union is set to charge Facebook parent Meta with breaking the bloc's landmark digital rules, the Financial Times reported on Monday.
In the past year, both Meta (Nasdaq: META) and Alphabet (Nasdaq: GOOGL) announced dividends.
Microsoft and Meta Platforms are looking to be among the leaders in artificial intelligence. Both tech giants have other avenues for growth and strong competitive edges.
Meta Platforms (META) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Meta Platforms is doing well this year, but it wasn't all that long ago that the stock was in a drastic tailspin. The company faces an uncertain future as regulatory pressures and competition could weigh on it.
Facebook owner Meta is considering blocking news content from the platform in Australia if the government makes it pay licensing fees, a company representative told a parliamentary hearing on Friday.
The stock market finished higher Thursday ahead of inflation data. Meta Platforms broke out past a new buy point.
Meta must face a proposed class-action lawsuit alleging it prefers hiring foreign workers over U.S. citizens, a California-based federal appeals court ruled Thursday, after the lawsuit was originally thrown out in late 2022.
Purushothaman Rajaram, a naturalized US citizen, says Meta passes over American workers for jobs in favor of cheaper visa recipients.
A U.S. appeals court on Thursday revived a software engineer's proposed class action claiming Meta Platforms refused to hire him because it preferred to give jobs to foreign workers who are paid lower wages.