Meta Platforms
Google works to erode Nvidia’s software advantage with Meta’s help
The effort is part of Google’s aggressive plan to make its TPU a viable alternative to Nvidia’s GPUs
Meta’s Zuckerberg plans 30% budget cut to metaverse unit, potentially triggering January layoffs: sources
The proposed metaverse cuts are part of the company’s annual budget planning for 2026
AI companies’ safety practices fail to meet global standards, study shows
Concern mounts over smarter-than-human systems with reasoning and logical-thinking power
Meta buried ‘causal’ evidence of social media harm, US court filings allege
The company allegedly ignored valid research findings on mental health impacts
Meta wins major antitrust case as US judge rules no monopoly
Ruling represents a setback for US antitrust enforcers who have pursued aggressive action against Big Tech companies
Credit derivatives on Meta start trading after big bond sales
[NEW YORK] Derivatives allowing investors to bet against Meta Platforms’ bonds began actively trading for the first time this week, as money managers and banks look to hedge their exposure to an indus...
Zuckerberg drops two spots in billionaire ranks as Meta AI plans shake investors
The company has reported third-quarter sales and profit that topped estimates, sending shares surging in after-hours trading
Meta sells US$30 billion of bonds as AI frenzy fuels record orders
Technology firms are capitalising on falling borrowing costs as the Fed cuts interest rates and investors race to lock in still-elevated yields
Tech giants test investors’ patience with AI spending spree
Alphabet, Meta Platforms and Microsoft, together have racked up some US$78 billion in capital expenditures last quarter
Meta forecasts bigger capital costs next year, US$16 billion tax charge guts Q3 profit
The company is among the top buyers of Nvidia’s sought-after AI chips