Business
US: Stocks boosted by gains in Microsoft, Meta
WALL Street stocks rallied on Thursday after strong results from Microsoft and Facebook parent Meta offset lingering worries about an…
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Meta
Business
US: Wall Street leaps at the open on Microsoft, Meta boost
Wall Street’s main indexes jumped at the open on Thursday, powered by shares of Meta and Microsoft, as their strong quarterly results…
Business
Meta quarterly profit climbs despite big cloud spending
Tech giant Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its…
Lifestyle
Amidst a Stretch of Paris Art Galleries, Meta Campania Collective Has Popped Up
FOR ART’S SAKE: The Rue Guénégaud in Paris, chockablock with art and antique galleries, now boasts a pop-up store by luxury fashion brand…
Business
Meta launches standalone AI app to compete with ChatGPT
Meta Platforms released a new standalone artificial intelligence (AI) app on Tuesday (Apr 29) in a bid to compete with other popular…
News
Bay Area tech workers thought their jobs were safe. Then the 'golden handcuffs' came off
Evan Richardson grew up in Silicon Valley, surrounded by big tech companies that transformed how people live, socialize and work. As a…
Business
Families demand action from Meta over children’s deaths linked to platform harm
“Meta profits, kids pay the price,” was the message delivered by dozens of grieving families at the doors of Meta’s Manhattan office on…
Business
Meta lays off more than 100 employees across Reality Labs unit
Meta Platforms is laying off more than 100 people across its Reality Labs division focused on creating virtual reality (VR) and wearable…
Style
Mark Zuckerberg Says Social Media Is Over
What, exactly, does a social network do? Is it a website that connects people with one another online, a digital gathering place where we…
Business
Apple and Meta hit with millions in antitrust fines as EU enforces Digital Markets Act
European Union watchdogs fined Apple and Meta hundreds of millions of euros Wednesday as they stepped up enforcement of the 27-nation…
Business
Apple and Meta Hit With $800 Million in Fines From European Union
Apple and Meta have been ordered to pay a combined Euros 700 million ($799 million) in fines by the European Union, the first issued by…
News
EU hits Apple and Meta with €700m of fines
The European Union has ordered Apple and Meta to pay a combined €700m (£599m), in the first fines it has issued under recent legislation…
News
Forcing a Meta Breakup Would Be Bad News for Consumers
As the Meta case continues, the focus must be on consumers, not companies or competitors. Source link
News
Apple fined 500 million euros and Meta 200 million euros for breach of EU law
Apple was fined 500 million euros (S$747.6 million) on Wednesday (Apr 23) and Meta 200 million euros, as European Union antitrust…
Business
Meta appoints new Singapore country director Nicole Tan
She will spearhead digital innovation and AI opportunities for businesses in the country Meta has appointed Nicole Tan as its new country…
Business
Behind the landmark trial that could reshape Meta's future with Instagram
Meta Chief Executive Mark Zuckerberg returned to Washington this week, testifying in a landmark trial that could force the world’s largest…
Business
Mark Zuckerberg defends Meta in social media monopoly trial
Meta boss Mark Zuckerberg has taken the witness stand in a landmark antitrust trial to defend his company against allegations that his…
News
Author of explosive Meta memoir stars at US Senate hearing, details Zuckerberg working with China
The former Facebook employee behind a scathing book about parent company Meta on Wednesday alleged that the social networking giant…
Business
Meta plans nearly US$1 billion data centre project in Wisconsin
Meta Platforms plans to spend nearly US$1 billion on the development of a data centre project in central Wisconsin, underscoring a larger…
Business
Tech stocks keep tumbling this year. Here's why
When President Trump returned to the White House, tech executives from Apple, OpenAI, Oracle and other companies pledged to create…
Business
Meta reduces stock options for staff despite trading at record highs: FT
META Platforms has cut back on its yearly distribution of stock options by about 10 per cent for tens of thousands of employees despite…
Business
Meta says it plans to build the world's longest undersea internet cable
Facebook’s parent company Meta said it’s working on the world’s longest undersea cable as part of the social media giant’s efforts to…
Fashion
Google and Meta used to champion DEI efforts. Why Big Tech is pulling back
More than a decade ago, outcries about the lack of diversity in the tech industry reverberated across major Silicon Valley companies from…
Business
Meta plans major investment into AI-powered humanoid robots
META Platforms, after pushing into augmented reality and artificial intelligence (AI), has identified its next big bet: AI-powered…