Meta pauses teen access to AI characters
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Apple, Microsoft, Meta and Tesla report as the S&P 500 seeks direction and the Fed signals its outlook on rates and growth.
Meta's deprioritizing virtual reality in favor of artificial intelligence and Internet-connected smart glasses raised concerns about the future of the industry.
The Federal Trade Commission said Tuesday it will appeal the November ruling in favor of Meta in its antitrust case against the social media giant.
As Meta continues to shift its business model away from developing the metaverse, the company confirmed plans to lay off hundreds in California.
He highlighted earnings reports from Big Tech names like Apple, Microsoft and Meta Platforms, along with the Federal Reserve's upcoming meeting. CNBC's Jim Cramer alerted investors on Friday that next week will be a consequential one for Wall Street, pointing to a heavy load of quarterly earnings and a Federal Reserve meeting.
The trial starts soon in New Mexico’s case against Meta—and the company is pulling out all the stops to protect its reputation.
Meta will lay off hundreds in California as it moves resources from the metaverse to AI, affecting major offices in Burlingame and Playa Vista.
A federal judge found that Meta does not have a monopoly over personal social networking services. The Federal Trade Commission will appeal its loss in a landmark antitrust case against Meta, the agency announced Tuesday.
Meta launched Threads in July 2023 to compete with Elon Musk's X, formerly known as Twitter.