Australia Targets Meta, Google, and TikTok
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Up Sides Of Meta’s $2 Billion Manus Deal Block
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The deepest tranche of options won’t fully pay off unless Meta becomes nearly twice the size of Nvidia.
While Meta Platforms has shaped up to be good at monetizing artificial intelligence in consumer-facing advertising, some analysts question whether the company’s AI models have applications beyond that.
The European Commission has issued a preliminary finding against US tech giant Meta for allegedly failing to prevent minors under 13 from using Instagram and Facebook.
More than 700 people working for a Meta contractor in Ireland are at risk of losing their jobs, documents show.
Meta Platforms is set to release quarterly results Wednesday afternoon, and the stock is expected to make a big move following the report.
Meta heads into earnings Wednesday after the bell with the fundamentals case largely intact. But the technicals are a bit shaky.
Meta will cut 10% of its workforce, impacting about 8,000 employees, as it shifts resources to AI and reduces costs amid ongoing restructuring efforts.
Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.
Meta introduced its new AI model at the beginning of the second quarter, so Mark Zuckerberg's commentary about the future will be key during earnings.
As Meta goes full speed ahead for AI, Deadline says the tech giant plans to lay off 10% of its workforce. Both Bloomberg and