“Meta's own general conditions indicate their services are not intended for minors under 13. Yet, our preliminary findings show that Instagram and Facebook are doing very little to prevent children below this age from accessing their services,” Henna Virkkunen, the commission's executive vice president for Tech Sovereignty, said in an accompanying statement.
Meta Platforms is set to report earnings as investors weigh strong ad growth against rising AI-related capital spending.
Dryden Pence believes Meta Platforms (META) needs to show ways it can maintain a dominant position in the AI race, even if that means raising CapEx once again. He calls the spending an investment that will serve as a catalyst down the road.
Meta Platforms (META) is scheduled to report earnings after the market closes Wednesday, and traders anticipate a big move from the social media giant's stock following the results.
A US government agency has abruptly closed an investigation into allegations that Meta Platforms could access encrypted messages on its WhatsApp platform, according to a Bloomberg report. The probe, conducted by an investigator within the Office of Export Enforcement at the Commerce Department's Bureau of Industry and Security, had examined claims that some Meta employees and contractors could view the contents of encrypted WhatsApp messages.
Meta Platforms (NASDAQ:META | META Price Prediction) reports Q1 2026 earnings on Wednesday, April 29, after market close.
The decision by Reliance Industries and Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB)to appoint a founding chief executive at their joint venture, Reliance Enterprise Intelligence Limited, sets the tone for the whole collaboration. And the choice of candidate suggests the two companies are moving pair quickly and with purpose - and you'll see why later.
China's blocking of Meta's acquisition of AI startup Manus will heighten the risk for global investors looking to invest in advanced tech firms with ties to the country amid Beijing's expansion of jurisdictional reach to safeguard strategic assets.
Meta Platforms is preparing to unwind its acquisition of the artificial intelligence startup Manus after China blocked the deal on national security grounds, the Wall Street Journal reported on Monday, citing people familiar with the matter.
The ban sends a message that China is intent on keeping its AI knowledge within the country.
China's order for Meta Platforms to unwind its $2 billion acquisition of artificial intelligence startup Manus is less about a single deal and more about a broader tension shaping the country's tech strategy: how to build global champions without losing control. The episode highlights a recurring dilemma for Beijing.
Meta Platforms Inc (NASDAQ:META, XETRA:FB2A, SIX:FB) has been dealt a significant blow in its pursuit to compete in the artificial intelligence race after China moved on Monday to block the social media giant's $2 billion acquisition of Manus, a Singaporean AI startup with Chinese roots. Chinese regulators reviewed whether the deal violated Beijing's foreign investment rules before issuing the surprise decision, citing concerns over potential technology leakage to the US.