Meta Platforms Restructures Workforce To Prioritize AI And Test Valuation Gap
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Meta Expands Layoffs as AI Spending Climbs
This article first appeared on GuruFocus. Meta Platforms (META, Financials) is preparing to begin another round of layoffs…
Publishers and author Scott Turow sue Meta over Llama AI
NEW YORK (AP) — Five publishing houses and author Scott Turow sued Meta and CEO Mark Zuckerberg on…
Meta Stock Loses $175 Billion After AI Expense Estimate Shakes Shareholders
Meta Platforms (META) shares dropped roughly 10% on Thursday, erasing about $175 billion in market value. A higher…
Meta lifts spending forecast, flags legal scrutiny, shares fall
(Corrects paragraph 16 to paraphrase, not quote CEO) By Katie Paul and Jaspreet Singh April 29 (Reuters) –…
US stocks inch to more records as oil prices rise ahead of a blockbuster week for Wall Street
NEW YORK (AP) — The U.S. stock market’s record-breaking rally slowed on Monday after uncertainty rose over the…
AI showdown: Musk and Altman go to trial in fight over OpenAI’s beginnings
OAKLAND, Calif. (AP) — Technology tycoons Elon Musk and Sam Altman are poised to face off in a…
Is the Facebook Parent Getting Ready for Another “Year of Efficiency”?
Meta Platforms (NASDAQ: META) has a history of spending aggressively on new technologies with often disappointing results. It…
Too young for measles vaccine, babies are ‘sitting ducks’ in outbreaks
LANDRUM, South Carolina (AP) — With baby Arthur too young for the measles vaccine and a sibling due…
US stocks swing and oil prices trim their jumps amid uncertainty about the US-Iran ceasefire
NEW YORK (AP) — Financial markets are moving cautiously Thursday, a day after surging on optimism about a…
Advocacy groups push for an end to ‘AI slop’ for kids on YouTube
Advocacy groups and experts condemned YouTube for serving up low-quality artificial intelligence-generated videos to its most vulnerable audience:…
I Own Nvidia, Microsoft, and Meta. Here’s What I’m Doing With All 3 Right Now.
Artificial intelligence (AI) has been a tsunami propelling many tech stocks skyward in recent years, including Microsoft (NASDAQ:…