Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) could see revenue from agentic commerce delayed after Jefferies, the investment bank, found about one-third of websites blocked access by Muse, its artificial intelligence (AI) agent. Agentic commerce means AI agents browse, book and buy online on a consumer's behalf, and Meta hopes to collect a take rate, a percentage of each transaction.
Chinese AI lab Manus' parent company, Butterfly Effect, said on Thursday in a WeChat post that it has raised more than $500 million, the company's first funding round since Meta was forced to call off its $2 billion acquisition of the startup.
President Trump's August financial disclosure shows he bought as much as $25 million in Meta stock and as much as $5 million in SpaceX debt. Trump's latest disclosure shows his SpaceX debt purchase was two days before he signed a new policy aimed at broadening U.S. commercial space transportation.
Meta Platforms (META) concluded the recent trading session at $721.31, signifying a -2.38% move from its prior day's close.
If there's any doubt about how seriously Meta is taking AI, here's a new signal: the company on Wednesday announced that its Muse assistant is now available in a dedicated iPad app. That's a milestone it took Instagram some 15 years to reach, despite constant user demand.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) and Sierra are developing an open standard designed to let personal artificial intelligence (AI) agents interact directly with businesses while giving consumers control over what those agents can do. The Personal Agent Protocol, announced Tuesday, is being developed with Genesys, Instinct, Rocket, Shopify, Stripe and Walmart as companies seek a common system for handling AI-driven customer interactions.
Meta Platforms, whose stock has thrived after the introduction of an artificial-intelligence assistant, just got another piece of good news.
A Wells Fargo analyst warns of a near-term profit hit from AI infrastructure spending and legal costs — but thinks that will set up massive gains by 2028.
Meta Platforms Inc. (META) received a higher price target from Wells Fargo on Tuesday, with analyst Ken Gawrelski raising his target to $1,000 from $796 while maintaining an Overweight rating. Gawrelski said investor enthusiasm around Meta's Muse product cycle was warranted, according to TheFly.
A Santa Fe judge holds the power to hand New Mexico a penalty that would dwarf anything Meta has ever paid, and the ruling lands this month.
Meta has started testing a new Facebook UX in India that sends some users directly into full-screen video when they open the app, putting Reels front and center.
Alexandr Wang, a 20-something MIT dropout spearheading Meta's AI efforts, has struck a drastically different online presence than the company's buttoned-up founder Mark Zuckerberg – posting off-color memes on social media and sporting a mullet hair-do.