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Meta Platforms Inc said on Friday it had removed a network of group accounts targeting Russian-speakers in Moldova, ahead of the country's Oct. 20 election, for violation of the company's policy on fake accounts.
Meta Platforms is poised for a significant earnings beat in Q3, driven by robust ad performance and a cyclical recovery in digital advertising spending. Despite increased CapEx on AI, the Company remains highly profitable with strong free cash flow margins, making it a compelling buy. META's AR glasses, developed with Ray-Ban, show solid sales, potentially contributing to a positive earnings surprise.
Investors are eagerly awaiting a fresh round of earnings reports from the world's largest technology companies.
A multi-year competition challenge to Facebook (aka Meta), which saw Germany's antitrust authority become a pioneering champion for privacy rights in 2019 after it sought to block the social media giant's ‘superprofiling' of users on the grounds that consentless cross-site tracking of users is an “exploitative abuse” of Facebook's monopoly position, finally concluded Thursday with Germany's federal competition regulator, Bundeskartellamt announcing the procedure's end.
Meta Platforms (NASDAQ: META) has received a slew of reiterated ‘Buy' ratings with increased stock price targets.
Meta is bringing its AI chatbot Meta AI to six countries today, including Brazil, the U.K., the Philippines, Bolivia, Guatemala, and Paraguay, Mark Zuckerberg said today in an announcement on his WhatsApp channel.
Meta Platforms said on Wednesday its artificial intelligence chatbot, Meta AI, will be available in 21 new markets, as it looks to compete with OpenAI's ChatGPT.
These technology players are winning in the high-growth area of artificial intelligence.
Meta Platforms Inc. (META, Financial) is refining its strategy on Facebook by introducing a full-screen video tab to cater to increased video consumption on the platform. This initiative aims to provide an immersive viewing experience while offering new advertising opportunities.
Meta says they're set to begin adding new AI video features for advertisers and markets beginning next year. Rachel Tipograph, CEO of MikMak, joins Caroline Hyde and Ed Ludlow to discuss how the new tool could potentially change the online advertising landscape.