Members of Meta’s flashy new team of AI experts have reportedly been clashing with some of CEO Mark Zuckerberg’s loyal longtime executives over what the company should prioritize. An us-vs.-them ...

Reality Labs division has burned over $60 billion since 2020 The company has committed as much as $72 billion in capital spending this year Meta shares rise 4% Dec 4 (Reuters) - Meta (META.O), opens ...

Meta Platforms stock rose after Bloomberg reported that Chief Executive Mark Zuckerberg is exploring cutting up to 30% of the budget for the metaverse group. Shares were up 4.2% to $666.27 in Thursday ...

The United States Geological Survey quickly deleted the alert, saying it had been sent in error. “This isn’t a good look,” one earthquake expert said. By Erin ...

Shares of Nvidia Corp. closed 2.6% lower today following a report that Meta may buy Google LLC’s TPU artificial intelligence chips. Sources told The Information that the tensor processing unit ...

Shares in chipmaker Nvidia sank about 4% Tuesday following a report that Meta is in talks to spend billions of dollars on chips from rival Google. As part of the deal, Meta – the social media giant ...

(Bloomberg/Nick Turner) — Meta Platforms Inc. is in talks to spend billions on Google’s AI chips, the Information reported, adding to a monthslong share rally as the search giant has made the case it ...

Nvidia (NVDA) stock fell 2.6% Tuesday after a report indicated that the AI chipmaker could soon see greater competition from its own customer, Google (GOOG, GOOGL). The Information reported on Monday ...

After years of pushback from the Federal Trade Commission over Meta’s acquisitions of Instagram and WhatsApp, Meta has defeated the FTC’s monopoly claims. In a Tuesday ruling, US District Judge James ...

The S&P 500 declined 1.6% last week as weak jobs data and high valuations triggered a reassessment of bullish sentiment. Tech and high-beta stocks led the market lower, while investors rotated into ...

Meta expected to make billions in revenue from scam ads in 2024: Reuters Reuters found that 15B "higher risk" ads reached users each day A Meta spokesperson said the company aggressively fights fraud ...