Meta Platforms Inc Class A (META)
Meta executives could make billions under a blockbuster Elon-style pay package
Six top Meta execs are set to receive huge pay increases — excluding CEO Mark Zuckerberg. But that hinges on Meta meeting "exceedingly aggressive" stock prices over five years, Meta said.
Meta makes 'big bet' on top leaders with stock options as pressure builds to catch up in AI
Meta is offering options to top leaders to incentivize and retain key talent. The company is trying to speed progress in artificial intelligence as companies like OpenAI, Anthropic and Google build momentum.
New Mexico just handed Meta its first courtroom defeat over child safety, and the rest of the country is watching
A jury in Santa Fe on Tuesday ordered Meta to pay $375 million in civil penalties after finding the company misled consumers about the safety of its platforms and endangered children.
Meta Platforms (META) Registers a Bigger Fall Than the Market: Important Facts to Note
Meta Platforms (META) closed at $592.92 in the latest trading session, marking a -1.84% move from the prior day.
Meta Must Pay $375 Million Over Allegedly Enabling Child Exploitation
This is a developing story. Check back for updates.
Meta Ordered to Pay $375 Million Over Child Safety Violations
In one of the company's first major losses, New Mexico jurors found that it had misled consumers about the safety of its platforms, enabling sexual exploitation of young users.
Meta Ordered to Pay $375M in New Mexico Child Exploitation Lawsuit
The New Mexico ruling comes as a Los Angeles jury is still debating whether Meta's social media platforms are addictive to children.
Landmark Verdict Says Meta Harmed Children, Allowing Adults to Prey on Them
With a $375 million penalty, a New Mexico state court case is holding the social-media company responsible for content on its platforms.
Meta CTO Leads Efforts to Equip Workforce With AI Tools
Meta Chief Technology Officer Andrew Bosworth will lead the company's efforts to adopt artificial intelligence tools throughout its workforce. Bosworth said in a Tuesday (March 24) post on X that Meta has been integrating AI tools across the organization and expects them to give employees more power to accomplish their work.
Meta Platforms testing AI agent to streamline executive decision-making
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) is developing a personal artificial intelligence tool for CEO Mark Zuckerberg as part of a broader push to integrate AI into internal operations and enhance productivity, according to a Wall Street Journal report. Per people familiar with the matter and internal documents reviewed by the publication, the agent is designed to allow Zuckerberg to access information more quickly than traditional channels, bypassing layers of staff and reducing the need for multiple emails or meetings.
OpenAI hires former Meta executive to lead ad sales
OpenAI has hired longtime Meta Platforms advertising executive Dave Dugan to lead its global ad sales efforts, marking a further step in the company's push to build out new revenue streams around its artificial intelligence products. Dugan, who recently stepped down as vice president of global clients and agencies at Meta, will join OpenAI as vice president of global ad solutions.
OpenAI Taps Former Meta Executive to Lead Ad Push
Dave Dugan is joining the AI company, which is seeking stronger ties to brands in an effort to boost its nascent ad business.
