Meta (META) posted Q4 revenue of $59.89B (+23.78% YoY) and EPS of $8.88 beating expectations, but guided 2026 capex to $115B-$135B versus $72.22B in 2025 for AI infrastructure. Wall Street is ...
Meta is planning to lay off approximately 8,000 employees and eliminate another 6,000 open roles as it seeks to reduce costs amid its massive bet on artificial intelligence. Subscribe to read this ...
Meta is planning to cut 10% of its workforce, amounting to 8,000 employees, according to a report from Bloomberg. Meta also will not hire for 6,000 roles that are currently open. According to an ...
A new lawsuit alleges that Meta, the parent company of Facebook and Instagram, misled users about the company's efforts to prevent scams on its platforms. The Consumer Federation of America (CFA), a ...
Meta launched internal AI software that tracks US employees' keystrokes. Many employees reacted negatively to Meta's new AI tool, questioning its privacy practices. Meta said its AI tool has privacy ...
Meta will begin tracking the mouse movements, clicks, and keystrokes of its US employees to generate high-quality training data for future AI agents, Reuters reports. The news organization cites ...
A lawsuit from the Consumer Federation of America accuses Meta of misleading consumers about its efforts to combat scams advertisements on its platforms. On Tuesday, the nonprofit Consumer Federation ...
Meta intends to conduct a first wave of sweeping layoffs planned for this year on May 20, with more coming later, three sources familiar with the plans told Reuters. The Facebook and Instagram owner ...
Meta’s most important launch in years may not be its latest Ray-Ban glasses or its AI app. Instead, it could be the new AI model it introduced on Wednesday, hinting at how its billions in AI ...
Meta Platforms Inc. debuted its latest artificial intelligence model Wednesday — its first since Chief Executive Officer Mark Zuckerberg embarked on a multibillion-dollar overhaul of the company’s AI ...
Meta debuted its first major AI model, Muse Spark, spearheaded by chief AI officer Alexandr Wang, who joined nine months ago and leads Meta Superintelligence Labs. The company is desperate to regain ...
The model, Muse Spark, performed better than Meta’s previous A.I. models but lags rivals on coding ability. By Eli Tan Reporting from San Francisco Meta on Wednesday unveiled a new flagship artificial ...