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Whatever you want to say about Meta and its various company policies (trust me, we've said plenty), there is one indisputable fact. Meta has already won the smart glasses race. By partnering with ...
Mark Zuckerberg explained Meta's plan to spend more than ever on AI after the company announced earnings that were dragged down by a $15.9 billion tax charge. The social media giant and AI hyperscaler ...
Meta Platforms, Inc. remains a Strong Buy due to its dominant social media position, unmatched data feedstock, and compelling AI-driven growth prospects. META's forward P/E of 21.7 for FY2026 is ...
Meta has “paused” its initiative to bring third-party Horizon OS headsets to the market. The company says it has shifted focus to “building the world-class first-party hardware and software needed to ...
Meta underperformed the S&P due to investor concerns over rising CapEx for AI investments, echoing past Metaverse worries. There, however, is one key difference to the 2022 metaverse sell-off, making ...
Three of the biggest US tech giants—Microsoft, Meta, and Google—sent investors a blunt message when they reported quarterly earnings on Wednesday: Their lavish spending on AI infrastructure is only ...
Meta internally projected late last year that it would earn about 10% of its overall annual revenue – or $16 billion – from running advertising for scams and banned goods, internal company documents ...
SAN FRANCISCO - Last year, Meta had to reckon with an ugly conclusion about its Chinese advertising customers: They were defrauding Facebook, Instagram and WhatsApp users worldwide. Though China’s ...