Meta said on Wednesday it had found "likely AI-generated" content used deceptively on its Facebook and Instagram platforms, including comments praising Israel's handling of the war in Gaza published below posts from global news organizations and U.S. lawmakers.
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Meta Platforms has over 3.2 billion people using its platforms daily. NuBank parent Nu Holdings is changing the shape of finance in Latin America.
Zuckerberg faces a potential revolt at Meta's annual meeting on Wednesday as shareholders push the Big Tech firm to step up transparency regarding its efforts to protect kids.
The Biden administration is urging big technology companies to ramp up efforts to curb antisemitic content on their platforms, Bloomberg News reported on Tuesday.
Meta has entered into correction territory after it announced a higher expense outlook for FY24 alongside its Q1 earnings. Meta's increased spending and boosted capex forecast are necessary for its growth in AI and metaverse platforms. At the high end of its ranges, Meta has guided to 12% opex growth, which pales in comparison to its most recent quarter in which revenue grew at 27% y/y.
The European Commission on Tuesday said Meta Platforms had taken measures to mitigate the spread of disinformation in the run-up to the EU elections.
Social media continues to be a force in society and in the business world. The latest industry statistics show that there are 5.17 billion social media users worldwide today.
Meta Platforms (META) reported earnings 30 days ago. What's next for the stock?
Meta stock started 2024 hot before a sharp pullback after its Q1 earnings report. But shares bounced back to record high territory.
Meta Platforms (META) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.