Meta is investing $115 million to stand up a new training program for data center technician jobs, as the social media giant races to build the infrastructure to power its AI ambitions.
The five-week program, which is free of charge and guarantees a job, follows a recent layoff of 8,000 employees.
Meta Platforms (NASDAQ:META | META Price Prediction) delivered one of the cleanest quarterly beats from a mega-cap this year, yet shares are sliding.
In 2026, shares of the Magnificent Seven giant Meta Platforms NASDAQ: META have failed to sustain much momentum. The stock has seen drawdowns larger than 25% during the year, as well as recoveries of more than 25%.
Meta said on Monday it is filing a federal court contempt order against Israeli spyware firm NSO Group for violating a permanent injunction that barred it from ever targeting WhatsApp and its users.
In the latest trading session, Meta Platforms (META) closed at $593, marking a -5.51% move from the previous day.
Even though Meta's feature hasn't been enabled, facial recognition on wearables sparks major surveillance concerns.
Shares of Meta Platforms fell sharply on Friday after a report suggested the social media giant is exploring a potential multibillion-dollar stock offering to help finance its growing artificial intelligence ambitions. META shares dropped more than 5% during the session, with losses accelerating after the Financial Times reported that the company is considering raising tens of billions of dollars through an equity sale.
Meta has been quietly laying the groundwork for smart glasses that could identify people as wearers of the shades walk by, according to a report – causing privacy watchdogs to sound the alarm.
Ten years ago, Facebook was still Facebook. The company hadn't yet bought into the metaverse, the Cambridge Analytica scandal hadn't hit, and Mark Zuckerberg wasn't talking about superintelligence.
The FBI is warning people about scammers setting up phony FIFA websites to lure people into paying for tickets or merchandise that they will never receive or provide personal information that will lead to identity theft. Often the scammers will use URLs that at first glance such as www.fiffa.com may appear to be the legitimate www.fifa.com site.
For retirement-focused investors weighing the two ad giants, the question is direct: Should you own Alphabet (NASDAQ:GOOGL | GOOGL Price Prediction) or Meta Platforms (NASDAQ:META) right now?