It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged more than 8% after showing signs that investments in AI is boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown…
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg plans to ramp up his company’s spending on artificial intelligence in 2026. Wall Street seems fine with that strategy….
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta on Wednesday will report fourth-quarter earnings, and investors will be looking for any…
tiktok settle down A high-profile lawsuit took place Monday evening alleging that social media companies intentionally make their products addictive, causing harm to users. snap The case settled last week, but Meta and YouTube – the other defendants – are now headed to trial, where jury selection will begin on Tuesday. The case, centered on…
Chinese officials are reviewing Meta’s $2 billion acquisition of AI startup Manus for possible technology control violations, FT reported on Tuesday. Sopa Images | Lightrocket | Getty Images Meta Platforms is set to test new subscription models across its apps, including Instagram, Facebook and WhatsApp in the coming months, according to a report from TechCrunch…
The European Commission on Monday said it opened an investigation into Elon Musk’s X over the spreading of sexually explicit material by the AI chatbot Grok. The probe is being conducted under the European Union’s sweeping Digital Services Act (DSA) regulation. “The new investigation will assess whether the company properly assessed and mitigated risks associated…
Meta CEO Mark Zuckerberg tries on Orion AR glasses at the Meta Connect annual event at the company’s headquarters in Menlo Park, California, U.S., September 25, 2024. REUTERS/Manuel Orbegozo Manuel Orbegozo | Reuters Meta‘s deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses has chilled the industry, leading to concerns about its…
The TikTok USDS (U.S. Data Security) logo appears on a smartphone screen in this illustration photo in Reno, United States, on Dec. 19, 2025. Jaque Silva | Nurphoto | Getty Images TikTok said Thursday that it formed a joint venture that will keep the video-sharing app operating in the United States. The short-form video company…
Nurphoto | Nurphoto | Getty Images Facebook and Instagram parent company Meta on Wednesday said it will begin to show advertising on its Threads microblogging service to all users globally starting next week. “With ads on Threads, businesses can authentically join this conversation while finding new ways to connect with the people most interested in…
Salesforce CEO Marc Benioff said Tuesday that “there has to be some regulation” of artificial intelligence, pointing to several documented cases of suicide linked to the technology. “This year, you really saw something pretty horrific, which is these AI models became suicide coaches,” Benioff told CNBC’s Sarah Eisen on Tuesday at the World Economic Forum’s…
