Meta

April 25, 2024

Meta drops 15% on weak outlook and high AI and metaverse spending

Shares of Meta (META) experienced a 15% drop in after-hours trading following a disappointing outlook for Q2 revenue and plans for aggressive spending in artificial intelligence […]
April 19, 2024

Mark Zuckerberg says Meta wearables that read brain signals are coming soon

Meta CEO Mark Zuckerberg has hinted at the company’s advancements in developing its first “consumer neural interfaces” – non-invasive wearable devices capable of interpreting brain signals […]
April 13, 2024

Billionaire’s suit over scam crypto ads on Meta dismissed in Australia

The District Court of Western Australia has dismissed Australian mining billionaire Andrew “Twiggy” Forrest’s suit against Meta, citing insufficient evidence. Forrest had accused Meta of profiting […]
February 02, 2024

Meta’s Reality Labs sets quarterly revenue record but lost over $4B

Meta’s Reality Labs division, dedicated to virtual reality (VR) and augmented reality (AR) innovation, reported a significant operating loss of over $4.6 billion in the fourth […]
July 13, 2023

Report: Meta to release commercial AI tools to rival Google, OpenAI

Sources close to Meta have reportedly said the company plans to make a commercial version of its AI model to be more widely available and customizable. […]
July 07, 2023

Elon Musk accuses Mark Zuckerberg of cheating: Twitter vs. Threads

Twitter lawyer Alex Spiro sent a letter to Meta CEO Mark Zuckerberg threatening legal action against the company’s “copycat” application called Threads.   Elon Musk, the […]
June 09, 2023

‘Already explored’ — Apple Vision Pro fails to impress Mark Zuckerberg

Zuckerberg highlighted divergent philosophies, with Meta emphasizing a social metaverse, while Apple’s device seemed designed for solitary use.   As Meta faces challenges in the realm […]
June 07, 2023

Meta’s Zuckerberg grilled by senators over ‘leak’ of LLaMA AI model

The senators weren’t happy with the “seemingly minimal” protections to fight against fraud and cybercrime in Meta’s AI model.   Two U.S. Senators, Richard Blumenthal and […]
March 14, 2023

Meta pulling the plug on NFTs across Instagram and Facebook

The short-lived NFT features were first launched in May, but Meta’s financial technology lead said it is “winding down” the tools to focus elsewhere.   Big […]

Get $200 Free Bitcoins every hour! No Deposit No Credit Card required. Sign Up