The changes, after Meta's legal losses in two child safety cases, are aimed at limiting harmful content shown to teenagers on Instagram, Facebook and Messenger.
Instagram has resolved a security issue that allowed several users' accounts to get hacked. The attack appeared to rely on tricking Meta's own AI-powered support chatbot into granting access to a victim's account.
Meta currently trades at a discount due to founder control. Could the market start assigning a premium to Zuckeberg's company, as it does with Musk's Tesla? With Meta being the cheapest of the Mag7, I think a simple market re-rating could drive 25%-100% upside. All is needed is a change in market sentiment towards Zuckerberg. META's new AI-powered 'Meta One' subscriptions and SMB targeting could the catalyst triggering a premium valuation, if ROI on CapEx is finally demonstrated.
Meta is reportedly planning an artificial intelligence pendant as part of a larger wearables project. The tests on this device could happen in the next year as the tech giant looks to revitalize its hardware division, The Information reported Friday (May 29), citing an internal memo.
The AI bloodbath continues in tech as Meta announced it plans on cutting thousands of jobs in Silicon Valley.
Meta Platforms (NASDAQ:META | META Price Prediction) just reported one of the strangest quarters in mega-cap tech.
Meta Platforms NASDAQ: META shareholders rejected a slate of outside investor proposals at the company's 2026 annual meeting, while Chairman and CEO Mark Zuckerberg outlined what he described as four major opportunities tied to artificial intelligence: improving Meta's core apps and advertising, personal AI agents, business agents and AI hardware.
On this week's GeekWire Podcast: Mark Zuckerberg's superyacht arrives in Seattle the same day Meta discloses nearly 1,400 local layoffs, robot pizza startup Picnic shuts down and sells its assets to a mystery buyer, and companies grapple with the rising cost of corporate AI.
The $800 question for Meta Platforms (NASDAQ:META | META Price Prediction) comes down to whether the AI capex narrative can re-rate the multiple before late-2026 expense growth bites.
Meta Platforms NASDAQ: META took a real step forward with its artificial intelligence (AI) strategy in April. The company announced the release of its Muse Spark model, helping shares of the tech stock go on a solid run.
Meta Platforms' Oversight Board said on Thursday the tech giant has committed additional funding to secure the independent watchdog's operations through 2028.
Eight days ago, I told you that Mark Zuckerberg's smartest move was sitting in plain sight: rent out Meta's excess AI compute the way SpaceX is renting its to Anthropic.