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Meta Shares Plummet Despite Strong Q1 Earnings as AI Spending Plans Spook Investors
Meta, the parent company of Facebook, WhatsApp, and Instagram, reported strong first-quarter earnings on Wednesday, but a disappointing second-quarter forecast and increased spending plans for artificial intelligence (AI) sent shares tumbling by more than 15% in after-hours trading. 
Meta, the parent company of Facebook, WhatsApp, and Instagram, reported strong first-quarter earnings on Wednesday, but a disappointing second-quarter forecast and increased spending plans for artificial intelligence (AI) sent shares tumbling by more than 15% in after-hours trading. -
Meta Licenses Quest Operating System to Lenovo and Asus, Unveils Limited-Edition Xbox Headset
Meta Platforms has begun licensing the operating system for its Quest headset to rival device makers, starting with Lenovo and Asus. The company also announced a limited-edition, gaming-focused Quest headset in collaboration with Microsoft's Xbox. 
Meta Platforms has begun licensing the operating system for its Quest headset to rival device makers, starting with Lenovo and Asus. The company also announced a limited-edition, gaming-focused Quest headset in collaboration with Microsoft's Xbox. -
Widespread Outage Hits Meta Platforms, Technical Glitch Logs Out Thousands from Facebook and Instagram
Meta Platforms faced a significant service disruption on Tuesday, causing widespread inconvenience across its suite of social media and communication services, including Facebook, Instagram, Messenger, and Threads. 
Meta Platforms faced a significant service disruption on Tuesday, causing widespread inconvenience across its suite of social media and communication services, including Facebook, Instagram, Messenger, and Threads. -
Meta to Phase Out News Content, Halts Financial Deals with US and Australian Publishers
Facebook, owned by Meta Platforms Inc., is set to eliminate its News tab feature in early April 2024, impacting users predominantly in the United States and Australia. Facebook, owned by Meta Platforms Inc., is set to eliminate its News tab feature in early April 2024, impacting users predominantly in the United States and Australia. -
Meta Urged to Overhaul Manipulated Media Policy Amid Election Concerns
Meta's Oversight Board has issued a stern call for the company to revamp its policies on manipulated media, spotlighting a contentious video of President Joe Biden that remained on Facebook due to policy loopholes. The board's critique comes at a critical juncture, with the proliferation of online disinformation posing a significant threat to the integrity of global elections slated for this year. 
Meta's Oversight Board has issued a stern call for the company to revamp its policies on manipulated media, spotlighting a contentious video of President Joe Biden that remained on Facebook due to policy loopholes. The board's critique comes at a critical juncture, with the proliferation of online disinformation posing a significant threat to the integrity of global elections slated for this year. -
Meta's Stock Jumps 20% with Surprising Dividend Announcement
Meta Platforms Inc., the parent company of Facebook, experienced a significant surge in its stock value following a triumphant fourth-quarter earnings report that exceeded Wall Street expectations. Meta Platforms Inc., the parent company of Facebook, experienced a significant surge in its stock value following a triumphant fourth-quarter earnings report that exceeded Wall Street expectations. -
Meta Surges with Record Profits and First Dividend, Signaling Robust Financial Health
Meta Platforms, the parent company of Facebook, has announced a triumphant earnings report for the fourth quarter, marking a significant milestone with its first-ever dividend declaration. The news propelled Meta's shares to soar by 14%, reflecting investor confidence and the company's robust financial performance. Meta Platforms, the parent company of Facebook, has announced a triumphant earnings report for the fourth quarter, marking a significant milestone with its first-ever dividend declaration. The news propelled Meta's shares to soar by 14%, reflecting investor confidence and the company's robust financial performance. -
Meta's Remarkable Q3 Earnings: Record Profits Amid Ad Resurgence and Efficiency Drive
After a challenging 2022, Meta, formerly known as Facebook, has made a significant comeback, showcasing its strongest sales and profits in its history for the third quarter. The company's recent earnings report has not only impressed Wall Street but also highlighted the resilience and adaptability of Mark Zuckerberg's social media empire. After a challenging 2022, Meta, formerly known as Facebook, has made a significant comeback, showcasing its strongest sales and profits in its history for the third quarter. The company's recent earnings report has not only impressed Wall Street but also highlighted the resilience and adaptability of Mark Zuckerberg's social media empire. -
Meta Faces Multi-State Legal Challenges Over Alleged Addictive Features Targeting Youth
In a significant legal challenge, Meta, the parent company of Instagram, is facing lawsuits from dozens of states over allegations that its social media platforms employ features designed to be addictive, particularly targeting young users. The legal actions underscore the growing concerns and scrutiny over the impact of social media on the mental health of minors. In a significant legal challenge, Meta, the parent company of Instagram, is facing lawsuits from dozens of states over allegations that its social media platforms employ features designed to be addictive, particularly targeting young users. The legal actions underscore the growing concerns and scrutiny over the impact of social media on the mental health of minors. -
Quest 3 Unveiled: Meta's Answer to the Future of Mixed Reality
In a bold move to solidify its position in the virtual reality (VR) market, Meta has unveiled the Quest 3, its latest VR headset. This announcement comes amidst a backdrop of increasing competition, particularly from tech giant Apple. The Quest 3 promises to build upon the success of its predecessor, the Quest 2, by introducing full-color video passthrough and mixed reality features. In a bold move to solidify its position in the virtual reality (VR) market, Meta has unveiled the Quest 3, its latest VR headset. This announcement comes amidst a backdrop of increasing competition, particularly from tech giant Apple. The Quest 3 promises to build upon the success of its predecessor, the Quest 2, by introducing full-color video passthrough and mixed reality features.
