Tag: Meta Platforms
Meta Buys AI Agent Startup Manus in Potentially Transformative Deal
Meta Platforms Inc. has acquired Manus, a fast-growing developer of autonomous, general-purpose AI agents, as part of its strategy to embed advanced agent technology...
U.S. Stocks Inch Higher After Jobless Claims; Salesforce Rises
U.S. stocks moved slightly higher on Thursday as investors evaluated fresh labor market data ahead of next week’s Federal Reserve meeting.
As of 09:35 ET...
Meta Jumps as Zuckerberg Slashes Metaverse Spending
Meta Platforms (NASDAQ: META) saw its stock jump more than 6% on Thursday morning after Bloomberg News reported that CEO Mark Zuckerberg is preparing...
Apple’s Alan Dye Makes Shock Move to Meta
Meta Platforms has hired Alan Dye, Apple’s longtime head of human interface design. Apple confirmed the move on Wednesday. The Facebook parent is accelerating...
Nvidia and AMD Sink as Meta Considers Google’s AI Chips
Meta Platforms (NASDAQ:META) is exploring whether to use Google-designed chips in its data centers, a shift that could significantly influence competition in the AI...
AI Spending Concerns Hit Wall Street as Meta and Microsoft Shares...
S&P 500 and Nasdaq Fall as Meta and Microsoft Drop on AI Spending Concerns
The S&P 500 and Nasdaq slipped on Thursday, weighed down by...
Investors Pull Back as Meta Doubles Down on AI Spending
Meta Shares Slide as AI Spending Surge and $15.9B Tax Charge Hit Profits
Meta Platforms reported a sharp drop in quarterly profit after recording a...
Cloud Boom: Oracle Aims for $166B in Sales by 2030
Oracle expects its cloud infrastructure revenue to reach $166 billion by fiscal 2030, according to Co-CEO Clay Magouyrk, who shared the forecast on Thursday...
Meta Faces Possible Penalties in Singapore for Facebook Scam Accounts
Singapore Threatens Meta With Fines Over Facebook Impersonation Scams
The Singapore government announced on Thursday that Meta Platforms has until the end of this month...
Meta, TikTok Win Legal Backing as EU Court Rejects Tech Fee...
Europe’s second-highest court has ruled in favor of Meta Platforms and TikTok, supporting their challenges against a supervisory fee imposed by the European Union....
