Meta Platforms Inc. detailed a multi-stage architecture for its ads ranking system that models the order and timing of user actions across billions of daily interactions, building on its 2024 sequence…
Meta Platforms Inc. reversed its plan to charge for AI features on its Ray-Ban Meta smart glasses after community backlash, signaling a shift toward monetizing through content and ecosystem engagement…
Meta Platforms Inc. apologized to Indian officials for temporarily restricting a Facebook post of Prime Minister Narendra Modi, with Chief Global Affairs Officer Joel Kaplan telling Technology Ministe…
Meta Platforms Inc. ran more than 50 paid ads containing AI-generated child sexual abuse imagery and links to nudify apps, discovered by the Tech Transparency Project (TTP) in Meta's ad library, with …
A key Senate committee unanimously advanced a package of bills aimed at improving children's safety online, including the Kids Online Safety Act, which would hold Meta Platforms Inc. and Alphabet Inc.…
Meta Platforms Inc. has paused its plan to charge a $20 per month Meta One Premium subscription for the 'conversation focus' feature on its AI glasses after customer backlash, according to a statement…
The White House met with Anthropic PBC, OpenAI PBC, Google LLC, Meta Platforms Inc., and Nvidia Corp. to discuss a voluntary safety framework requiring companies to give the government access to front…
Snap Inc. reported a 19% revenue increase to $1.6 billion for the quarter ended June 30, beating the average Bloomberg estimate of $1.54 billion, and projected third-quarter sales of up to $1.74 billi…
Big tech's Q2 earnings show signs of an AI bubble popping, with Apple Inc. down 10% after warning of weaker next-quarter results due to high memory and component prices, and International Business Mac…
Meta Platforms Inc. reported disappointing third-quarter revenue guidance, causing shares to fall about 8% to $539.03, and reported its lowest free cash flow in years due to ballooning AI expenses, wh…
Meta Platforms Inc.'s AI strategy is yielding measurable business results, with advertising revenue growing double-digits in recent quarters and Llama model downloads reaching tens of millions on Hugg…
S&P 500 firms are on track for a 29% surge in second-quarter earnings per share, among the highest on record, yet the index has stagnated since mid-July as investors penalize big tech for heavy AI spe…
Mark Zuckerberg's net worth fell by $17.8 billion to $183.3 billion on Thursday as Meta Platforms Inc. shares plunged 9%, extending an 11-day losing streak amid Wall Street concerns over the company's…
Apple Inc. reported a record $11.73 billion in research and development expenses for Q3 2026, a 32% increase from the year-ago quarter, bringing fiscal 2026 R&D spending to $34.04 billion. CEO Tim Coo…
Meta Platforms Inc. shares fell more than 10% to $524.49 after the company issued a third-quarter revenue forecast of $61 billion to $64 billion, below the average analyst estimate of $63.2 billion, a…
Microsoft Corp. shares surged 15.2% Thursday after reporting stronger-than-expected quarterly profit, leading a broad stock market rebound that lifted the S&P 500 0.9% and the Nasdaq composite 1.8%. T…
Meta Platforms Inc. is facing a compute conundrum as its massive spending on artificial intelligence infrastructure strains its data center capacity, according to an analysis by Reuters. The company's…
Meta Platforms Inc. told investors it will spend between $130 billion and $145 billion on artificial intelligence in 2026, up from a prior range starting at $125 billion, as second-quarter revenue jum…
Samsung Electronics Co.'s semiconductor arm reported a more than 250-fold jump in operating profit to 89.2 trillion won ($62 billion) in the June quarter, driven by AI-driven demand for memory chips. …
Meta Platforms Inc.’s shares fell more than 8% in after-hours trading after the company reported a 14% drop in net income to $15.85 billion for its fiscal 2026 second quarter, as costs rose 55% and ca…