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Meta Platforms, Inc. (NASDAQ:META)’s shares are down by 22% over the past year and by 9% year-to-date. The stock cosed 7.9% lower on July 30th, after the firm reported its fiscal second quarter earnings the previous day. However, they are up. by 9.4% since then. Cramer, who has mostly praised Meta Platforms, Inc. (NASDAQ:META) in […]
Meta Platforms (NasdaqGS:META) has been ordered by a New Mexico state court to pay a US$942 million penalty tied to teen safety on its platforms. The ruling requires Meta to introduce stricter protections and usage limits for teenagers, directly affecting its core social media operations. The court compared Meta's impact on youth to public pollution, framing the decision as a major test case for online child safety rules. This decision adds to growing legal and regulatory pressure around...
The judge said there’s a limit to what the state can do to penalize a company of this size.
(Bloomberg) -- OpenAI is pausing some internal work around one of its upcoming artificial intelligence models to implement stricter safeguards after the system was found to be significantly more adept at cybersecurity tasks. Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesWhy Do Da
Google and Meta both reported blowout Q2 revenue growth, yet only one of them left investors rattled and sitting on a year of losses. The divergence between their AI bets reveals a fundamental split in how Big Tech survives the spending era.
A New Mexico ruling added another $567 million penalty as Meta faces more youth-harm cases.
A New Mexico judge called the company a "public nuisance" and required changes to its apps
Meta Platforms was ordered to pay $942 million in a New Mexico case over harm to children, but investors may be more concerned about the growing wave of similar lawsuits.
The tech sector is chock-full of companies with high-quality earnings growth.
Wall Street expects second-quarter revenue of about $2.55 billion.
Google Cloud just posted 82% growth while the stock sits 4% below its all-time high, and our model has a very specific date when that gap closes.
Aswath Damodaran, the NYU Stern professor known as the “Dean of Valuation,” says Big Tech is “collectively overinvesting” in artificial intelligence, driven as much by fear of being left behind as by any clear path to profit. Speaking on the...
Digitalbox PLC (AIM:DBOX, FRA:RLXB) CEO James Carter spoke with Proactive's Stephen Gunnion about the company's new Creator Network strategy, aimed at accelerating video production, broadening audience reach and supporting future revenue growth. The initiative has already recruited around 200 creators across brands including The Tab, with Digitalbox targeting roughly 500 original videos a month as it diversifies beyond its traditional text-based publishing model. Carter said the expanded output will help the company engage audiences across more platforms and open up further direct advertising opportunities, particularly in the student and entertainment markets. He also addressed how Digitalbox is adapting to shifting social media algorithms, including Meta's push towards original creator content. Despite audience headwinds from the platform changes, Carter said the advertising market remains strong, with advertising returns up 20% year-on-year. Carter highlighted the growing importance of on-platform revenue, which now accounts for around 20% of the company's total — a shift he said increased video output should accelerate. Looking ahead, Carter pointed to audience reach as a key metric: Digitalbox has around 30 million followers across TikTok, Instagram and Facebook, with total reach of roughly 600 million over six months. As he put it, "It could well be transformational for the business." Watch the full interview for James Carter's insights into Digitalbox's Creator Network strategy, video expansion plans, advertising trends and the company's long-term growth ambitions. Visit the Proactive YouTube channel for more interviews with company executives, and don't forget to like this video, subscribe to the channel and enable notifications so you never miss future content. Read Proactive's Editorial Policy here: https://www.proactiveinvestors.co.uk/pages/editorialPolicy #Digitalbox #DigitalboxPLC #JamesCarter #CreatorNetwork #DigitalMedia #VideoContent #ContentCreators #MediaIndustry #Advertising #Meta #SocialMedia #InvestorNews #GrowthStrategy #Proactive #SmallCaps
AppLovin just posted its fourth straight earnings beat while the stock sits nearly 40% below its peak, and the tension between that contradiction points to something unusual happening inside this business.
Details are emerging on OpenAI's (OPAI.PVT) upcoming AI device, according to Bloomberg. Morning Brief Host Julie Hyman is joined by Yahoo Breaking News Reporter Jake Conley and Monetary Matters Network co-founder Jack Farley take a closer look.
Advanced Micro Devices (NASDAQ:AMD) said Thursday it will acquire Taalas, a Toronto startup that hardwires entire AI models directly into silicon, for an undisclosed amount. The deal targets inference, the business of running trained models, which AMD projects may grow...
Meta Hit With $567 Million Court Penalty Over Instagram, Facebook Harms
Venture capitalist Chamath Palihapitiya has praised Meta Platforms Inc.’s aggressive pricing model following new performance benchmarks showing its $0.69 AI model, Muse Spark 1.2, cracking the top five on the Vals Index. A ‘Scorched Earth’ Strategy in AI Characterizing the...
One of Britain’s biggest AI companies is planning to float in New York in a new blow to London’s hopes of attracting tech listings.
Investors want to forget about the fact that this dominant company's shares have underperformed the S&P 500 index in the last five years.
(Bloomberg) -- After spending much of the year in the stock market doghouse over fears about their profligate spending on artificial intelligence, the world’s biggest technology companies are suddenly leading the way once again. Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesIshbi
Meta Platforms Inc (NASDAQ:META) has been ordered by a New Mexico court to pay $567 million into a dedicated fund supporting initiatives to address harm experienced by young users, in one of the most significant legal decisions to date involving child safety and social media platforms. The decision was issued by Judge Bryan Biedscheid of the First Judicial District Court in Santa Fe following a jury verdict delivered in March that concluded Meta had breached New Mexico’s consumer protection laws
(Bloomberg) -- When BlackRock Inc. sought to raise billions in debt financing for a Meta Platforms Inc. data center, there was one type of investor the asset management giant wanted to avoid: those looking for a quick profit.Most Read from BloombergOpenAI’s New Device Will Be Hockey Puck-Sized and Cost Over $300Iran Wants to Bar US, Israeli Ships From Hormuz in Peace AccordIran Says Agreement on Hormuz Shipping Reached With OmanTrump Administration Considers Order on Autism and VaccinesIshbia’s
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