Latest in Meta Fined Million
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Spain fines 5 low-cost airlines €179mn for ‘abusive’ practices
Ryanair hit hardest as carriers ordered to stop charging extra fees for hand luggage and adjacent seat reservationsWorld - Financial Times - Yesterday -
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IAG to Begin $378 Million Buyback
The British Airways owner will start buying back the shares from next week.Business - The Wall Street Journal - November 8 -
Zuckerberg 2.0: why has Meta boss ditched drab hoodies in jazzy makeover?
Get ready for a silk shirt undone to the navel, necklaces and big T-shirts, all aimed at humanising Meta’s founder. For more than 20 years Mark Zuckerberg has made a Macbook grey T-shirt and ...World - The Guardian - October 26 -
Here’s Why Meta Getting on the AI Search Bandwagon Could Change the Entire Online Ad Market
Meta is taking on Google and Microsoft by developing its own AI search engine. The repercussions for the digital advertising market could be huge.Business - Inc. - October 29 -
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligenceTech - ABC News - October 30 -
Meta’s Next Llama AI Models Are Training on a GPU Cluster ‘Bigger Than Anything’ Else
The race for better generative AI is also a race for more computing power. On that score, according to CEO Mark Zuckerberg, Meta appears to be winning.Tech - Wired - October 31 -
Meta's stock drop tells the wrong story on earnings — so, we're boosting our price target
Don't let the after-hours stock action fool you, Meta delivered one heck of a strong quarter and rosy revenue guidance.Business - CNBC - October 31 -
Samsung falls short of expectations as chipmaker fails to reap AI benefits
Third-quarter operating profit far lower than analyst consensus and trails domestic rival SK HynixWorld - Financial Times - October 31 -
Donald Trump and the autocrats' playbook
‘This is a man who should be nowhere near power’World - Financial Times - October 31 -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - October 31 -
Bank of Japan holds rates but signals normalisation still on track
Political uncertainty following election upset raises risks of abrupt policy shifts, warn analystsWorld - Financial Times - October 31 -
FirstFT: US consumers continue to spend, spend, spend
Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election resultWorld - Financial Times - October 31 -
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Stellantis hit by sales slide in US and Europe
Fiat, Jeep and Peugeot owner suffers 27% drop in third-quarter sales but signals improvement to US inventoryWorld - Financial Times - October 31 -
Meta slashes EU Facebook and Instagram subscription fees by 40% to meet regional regulatory demands
Meta cut the price of its ad-free subscription versions of Facebook and Instagram by 40% for EU users to comply with regulatory demands in the region.Business - CNBC - November 12 -
Team Meta? Team Alphabet? A noted tech analyst weighs in and so does Jim Cramer
Cramer sees merit in MoffettNathanson's buy calls on Alphabet and Meta.Business - CNBC - November 12 -
Meta Lobbyist Turned Regulator Says Europe’s Big Tech Rules Have Gone Too Far
Aura Salla was once the tech giant’s top lobbyist in Brussels. Now, her presence as a regulator in the European Parliament is proving controversial.Tech - Wired - November 15 -
Activist ValueAct is poised to trim fat and help boost profits at Meta Platforms. Here’s how
Artificial intelligence is a powerful tool in Meta Platforms' arsenal, and if it's optimized, it can contribute to earnings per share growth.Business - CNBC - November 16 -
Meta is ‘reckless’ in ‘need-to-know situations’, Canada warns Australia as it braces for early bushfire season
Heritage minister says Facebook made ‘room for misinformation’ after turning news off in 2023 as Australia mulls actions that could lead to Meta doing the same. Get our breaking news email , ...World - The Guardian - 48 minutes ago -
Georgia Powerball ticket wins $478 million jackpot
A winning ticket for Wednesday's Powerball drawing was sold at a Georgia convenience store — netting the lucky buyer a $478 million jackpot.Top stories - CBS News - October 24 -
100 Million People Involved in UnitedHealth Hack
The scale of the hack makes it the worst healthcare data breach in the country.Business - Inc. - October 25