Latest in Meta Set Report
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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 -
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’s stock is up 500% in two years. Is it still a ‘set-it-and-forget-it’ play?
Meta reports earnings on Wednesday afternoon.Business - MarketWatch - October 29 -
Microsoft dips on weak guidance after beating on earnings
Microsoft reported better-than-expected results for the fiscal first quarter as Azure topped estimates. But quarterly growth guidance was light.Business - CNBC - October 30 -
Amazon shares pop on earnings beat, cloud growth
The company's cloud and advertising units showed strong growth.Business - CNBC - October 31 -
Jobs report offers blurry snapshot of economy days before election: What to know
The latest jobs report data is incomplete due to one-off disturbances last month.Top stories - ABC News - November 1 -
Bernstein naming Meta the new 'set-it-and-forget-it' stock comes down 2 things
The analysts cited the strength of Meta's core advertising business and the monetization of artificial intelligence.Business - CNBC - October 24 -
Cop29 host Azerbaijan set for major fossil gas expansion, report says
Exclusive: Those with ‘interest in keeping world hooked on fossil fuels’ should not oversee climate talks, say report authors. Azerbaijan, the host of the Cop29 global climate summit, will see a ...World - The Guardian - October 23 -
Tesla shares jump on profit beat, Musk's prediction of at least 20% 'vehicle growth' next year
Tesla reported better-than-expected profit in its third-quarter earnings report on Wednesday.Business - CNBC - October 24 -
Bank of America tops estimates on better-than-expected trading revenue
Bank of America benefited from its Wall Street trading and banking divisions in the third quarter, just as rival JPMorgan Chase did.Business - CNBC - October 15 -
Inter Miami and Lionel Messi set to take part in the 2025 FIFA Club World Cup hosted in the U.S.A.
Because the tournament is in the U.S. they received an extra slot as hosts, and Miami will be the beneficiariesSports - CBS Sports - October 20 -
GM stock has best day since 2020 after automaker tops Wall Street's third-quarter expectations, raises guidance
GM's quarterly report comes just two weeks after an investor day in which the company indicated its earnings strength is expected to continue into next year.Business - CNBC - October 22 -
New Boeing CEO sets sights on 'leaner' future as quarterly loss tops $6 billion
Boeing had released preliminary results earlier this month showing a big loss and $5 billion in charges across its defense and commercial units.Business - CNBC - October 23 -
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's third-quarter expectations
Ford guides to low end of 2024 earnings forecast as it slightly tops Wall Street's Q3 expectationsBusiness - CNBC - October 29 -
North Korea's top diplomat set to hold talks in Moscow amid reports of troop deployment
North Korea’s top diplomat is set to hold talks in Moscow following reports that Pyongyang has sent thousands of troops to support Russia’s action in UkraineWorld - ABC News - October 30 -
Social Media Layoffs Hit Meta
The tech giant confirmed an unspecified number of job cuts at WhatsApp and Instagram.Business - Inc. - October 17 -
Meta fires staff for abusing $25 meal credits
Workers used benefits to buy acne pads, wine glasses and laundry detergentBusiness - 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 modelsBusiness - 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.Top stories - NBC News - October 17 -
Meta fires staff for buying toothpaste, not lunch
Meta workers reportedly used vouchers that should have been spent on meals to buy household goods.Top stories - BBC News - October 18 -
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 -
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 -
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 and Microsoft Won’t Stop Spending on AI
Both tech giants reported strong third quarters but their stocks fell anyway.Business - Inc. - October 31 -
The sun is setting on traditional retirement
Demographic changes force a rethink, but that’s not necessarily a bad thingWorld - Financial Times - October 18 -
Meta Will Face State Lawsuits Alleging Teen Social Media Addiction
Despite efforts to have two cases dismissed, the parent company of Instagram and Facebook will have a legal reckoning over allegations its platforms harm younger users.Business - Inc. - October 16 -
Meta fires staff for ‘using free meal vouchers to buy household goods’
Facebook and Instagram owner reportedly dismisses about 24 workers for abusing $25 meal credit system. Meta, the owner of Facebook and Instagram, has reportedly fired about 24 staff at its Los ...World - The Guardian - October 17 -
Meta lays off staff at WhatsApp and Instagram to align with 'strategic goals'
Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its resources with its “strategic goals.”Tech - ABC News - October 17 -
Massachusetts judge rules Meta must face state's social media lawsuit
A Massachusetts Superior Court judge has ruled Meta must face a state lawsuit, alleging the company knowingly designed and deployed features harmful to young online users. Suffolk County Superior ...Politics - The Hill - October 18 -
Facebook and Instagram to delete ads that use celebrities without their consent
Celebrities including Elon Musk and Martin Lewis repeatedly feature in ads for products they have not endorsed.Top stories - BBC News - October 22 -
Meta again testing facial recognition software to fight 'celeb bait' scams
Meta, the parent company of Facebook and Instagram, is testing facial recognition software to combat “celeb bait” scams on its platforms, as well as to allow users to more easily regain access to ...Politics - The Hill - October 22 -
Meta bans jet-tracking accounts that post updates on Trump, Musk and Zuckerberg
Meta followed Elon Musk's lead, banning jet-tracking accounts run by Jack Sweeney. The accounts posted locations of jets used by Donald Trump and Taylor Swift.Top stories - NBC News - October 22 -
Meta Bans Accounts That Track Celebrity Jet Travel, Including for Zuckerberg
The suspensions mirror decision Elon Musk made in 2022 to ban similar accounts on Twitter after he acquired the platform.Tech - The Wall Street Journal - October 22 -
Meta Quest 3S Review: The Best Headset for VR Noobs
Meta’s most affordable VR headset is cheap, light, and easy to use. Just don’t expect to wear it too long, as the battery life isn't great.Tech - Wired - October 23