Billion Stake Meta - QuikReader

Activist investor ValueAct has $1 billion stake in Meta, sources say

Activist investor ValueAct has a $1 billion stake in Facebook parent Meta, according to people familiar with the matter.

Business - CNBC - 2 days ago

Why Meta and Snap are spending billions on AR glasses

Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.

Business - CNBC - October 24

U.K. government cuts NatWest stake by £1 billion

The British government on Monday said it further trimmed its crisis-era investment in U.K. bank NatWest.

Business - MarketWatch - 3 days ago

Meta’s Reality Labs posts $4.4 billion loss in third quarter

Meta's Reality Labs unit, which develops augmented and virtual reality technologies, logged an operating loss of $4.4 billion in the third quarter.

Business - CNBC - October 30

Intel seeks billions for minority stake in Altera business, sources say

This move that would represent a sharp about-face from its earlier public messaging about the larger company's prospects.

Business - CNBC - October 18

JDE Peet’s shares surge as JAB buys Mondelez $2.4 billion stake at a premium

JDE Peet’s also appointed former Kraft Heinz exec Rafa Oliveira as its new CEO as the coffee seller said it’s sales have put it on track to achieve its full-year outlook

Business - MarketWatch - October 21

Sam Altman’s Reddit stake now worth over $1 billion after post-earnings pop

OpenAI CEO Sam Altman's stake in Reddit has ballooned to more than $1 billion in value, as of after-hours trading on Tuesday.

Business - CNBC - October 29

Activist investor Elliott Management has $5 billion Honeywell stake, seeks breakup

Activist investor Elliott Management has a $5 billion-plus stake in Honeywell and is pushing the company to break itself up into two businesses.

Business - CNBC - 2 days ago

Meta faces day in court

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Meta to face trial in FTC antitrust suit Meta must face trial in an antitrust case brought by the ...

Politics - The Hill - 23 hours ago

The 2024 Stakes on Health Care

We explore the presidential candidates’ health policy proposals.

Top stories - The New York Times - October 28

Billionaires see the stakes of election

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Billionaires with business interests riding on election For billionaires who have ...

Politics - The Hill - October 31

Social Media Layoffs Hit Meta

The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.

Business - Inc. - October 17

Meta misses on user growth, warns of 2025 jump in AI spending

Meta reported weaker-than-expected user numbers and warned of a significant acceleration in its infrastructure expenses in 2025 in its third-quarter earnings.

Business - CNBC - October 30

UN biodiversity conference: what's at stake?

World - Yahoo News - October 20

At stake on Election Day: The reality of the presidency

CBS News' John Dickerson on the knowns and unknowns that either Kamala Harris or Donald Trump will face in leading our country into an uncertain future.

What's at stake for health care this election

Voters head to the polls Tuesday to cast ballots in an election with significant consequences for health care. A victory for Vice President Harris will likely mean the continuation and ...

Politics - The Hill - November 5

China fright ups the stakes for AstraZeneca

Pharma group needs some good news to ease investors’ nerves

World - Financial Times - November 7

What's at stake in the Irish general election?

After growing speculation, the Irish prime minister has called a general election.

Meta fires staff for abusing $25 meal credits

Workers used benefits to buy acne pads, wine glasses and laundry detergent

Business - Financial Times - October 17

Meta under fire for ‘polluting’ open-source

Open Source Initiative chief criticises tech group for using the term to describe its Llama models

Business - Financial Times - October 17

Meta unveils features to combat teen ‘sextortion’

Meta is ramping up its efforts to fight sextortion on Instagram with the launch of new features that are designed to help prevent young users from getting blackmailed into sharing nude photos.

Meta fires staff for buying toothpaste, not lunch

Meta workers reportedly used vouchers that should have been spent on meals to buy household goods.

Meta Battles Social Media Addiction Lawsuit in Massachusetts

Meta, which owns and operates Facebook and Instagram, is facing accusations that it used tactics to get users hooked on its platforms.

Business - Inc. - October 19

Albania's left-wing former President Meta is arrested on corruption allegations

Albanian prosecutors have arrested former President Ilir Meta on suspicion that the left-wing Freedom Party leader engaged in alleged corruption, money laundering and hiding of personal income and ...

World - ABC News - October 21

House Republican presses Meta on censoring political content

Texas Rep. August Pfluger (R) expressed concern in a letter to Meta on Tuesday over the platform's decision to automatically opt users out of political content, arguing the platform's users should ...

Politics - The Hill - October 24

Meta Reports Record Revenue, Slower Ad Growth

The social media giant is spending billions on artificial intelligence and products for virtual and augmented reality.

Tech - The Wall Street Journal - October 31

Meta and Microsoft Won’t Stop Spending on AI

Both tech giants reported strong third quarters but their stocks fell anyway.

Business - Inc. - October 31

Facebook's parent company, Meta, facing courtroom battle

On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch ...

Meta fined €798m over 'unfair' Facebook Marketplace

The European Union says the tech giant crowded out rivals, breaching competition law.

Richard Seymour's ownership stake in Raiders was approved, too

More quietly than Tom Brady, Seymour quietly becomes part owner of Vegas franchise.

Sports - Yahoo Sports - October 16

What’s at Stake in a Strained Microsoft-OpenAI Partnership

The alliance between the technology giant and the company behind OpenAI has been hugely consequential — but a disruption could shake up the A.I. race.

Business - The New York Times - October 18

'Roaring Kitty' Reports Exit From Chewy Stake

Influential investor Keith Gill, known as “Roaring Kitty,” reported an exit from his Chewy stake in a securities filing.

Business - The Wall Street Journal - October 29

On the Ellipse, the Stakes Loomed Over Harris’s Shoulder

There was a clear point in returning to the site of Trump’s Jan. 6 crime.

Top stories - The New York Times - October 30

Biden’s Stake in This Election Is Like Nobody Else’s

Will he be remembered as American democracy’s savior — or as a midwife to its ruin?

Top stories - The New York Times - October 31

Friday Briefing: The Global Stakes of the U.S. Election

Plus, Japan's passion for the World Series.

World - The New York Times - October 31

What's at stake for Elon Musk in the presidential election?

Musk, the world's richest person, has sought to help elect Donald Trump.

Inside the high-stakes race for a Montana Senate seat

It's not just the presidency that will be decided on Election Day. Voters will also decide which party controls the Senate. Right now, Democrats hold a one-seat edge, but the party is defending 23 ...

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