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The Latest Breaking News from Meta

Meta Shows Strong Growth As AI Spending Surges

Facebook owner Meta saw net income and revenues top expectations on Wednesday as the company said it would expand investments into artificial intelligence, drawing nervousness from investors.

International Business Times

Meta Platforms Inc. Reports Strong Q3 Results, AI Investment

Meta Platforms Inc. reports strong Q3 results with revenue growth and AI advancements, but faces concerns over future AI-related expenses.

Top News

Meta tops revenue targets but warns of 'significant' cap ex spending next year

The owner of Facebook, Instagram and WhatsApp saw revenue and users grow, yet Wall Street was not excited.

Fortune

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Meta had a good quarter, Zuckerberg teases Llama 4

Meta reports its Q3 2024 earnings, with revenue increases across its businesses and wider losses for Reality Labs.

Android Central

Meta rides AI boom to stellar quarterly earnings, but slightly less than expected

Company beats financial predictions but does not increase daily users as much as Wall Street thought it might

The Guardian - US

UALink Consortium poised to compete with Nvidia's NVLink — AMD and Intel-led group opens doors to contributor members

The Ultra Accelerator Link, or UALink, Consortium has officially incorporated, becoming a legal entity. The group, made up of AMD, Intel, Meta, Google, and other major tech players, seeks to create a standard to dethrone Nvidia's NVLink for server cluster communication.

Tom’s Hardware

It looks like Google is bringing the Play Store to VR, and I hope it doesn't just come to Samsung's XR headset

It looks like Google is bringing the Play Store to VR, but when it will it launch?

TechRadar

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Meta's leaked 'Avalanche' could bring back Oculus Rift games, but I want more

A long-rumored cloud gaming app was briefly leaked on the Quest Store. We suspect it'll arrive on Quest 3 soon, but used in a safe way — and we'd love to see something more ambitious.

Android Central

Nasdaq Futures Climb on Upbeat Alphabet Results, U.S. GDP Data and More Big Tech Earnings on Tap

December Nasdaq 100 E-Mini futures (NQZ24) are trending up +0.28% this morning as strong quarterly results from Alphabet boosted sentiment, while investors also awaited a fresh batch of U.S. economic data and earnings reports from “Magnificent Seven” companies Microsoft and Meta.

Barchart

ABC chair says pressing ‘digital titans’ for revenue is a ‘mainstream democratic imperative’

Kim Williams says funding local news and public interest journalism is crucial in a world where ‘the distortion of culture poses such a grave threat to democracy’

The Guardian - AU

US tech stocks send Nasdaq to hit record high, as Alphabet beats forecasts

Tech-heavy Nasdaq Composite Index rises 0.8 percent as investors bet on strong earnings from Meta, Amazon and Microsoft.

Al Jazeera

Metaverse Resurrection – Can Blockchain Bring the Metaverse Back to Life?

Metaverse isn't as hot as it used to be. For the most part, this much-hyped future of digital life has recently started to wear off. Yes, big shots like Meta and Microsoft refuse to let go, but AI has been lately taking off all the attention, and now the Metaverse…

inkl

Stocks See Support from Positive US Consumer Confidence Report and Tech Stocks

The S&P 500 Index ($SPX ) (SPY ) on Tuesday closed up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.36%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.98%. Stocks on Tuesday saw support from the stronger-than-expected US consumer confidence report. Higher...

Barchart

Batman: Arkham Shadow review: an almost flawless VR experience

Batman: Arkham Shadow is a full-on AAA VR experience that everyone with a Meta Quest 3 or 3S should try

TechRadar

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Barchart

Stocks See Support from Positive US Consumer Confidence Report

The S&P 500 Index ($SPX ) (SPY ) today is up +0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.43%. Stocks today opened mildly lower but gained some ground after the stronger-than-expected US consumer...

The Guardian - UK

EU events on curbing big tech ‘distorted’ by attenders with industry links

Campaigners say 21% of people at workshops did not disclose on their applications relationships with firms being discussed

Barchart

Stocks Pressured by Earnings and Election Uncertainty

The S&P 500 Index ($SPX ) (SPY ) today is down -0.10%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.20%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.10%. Stocks today are narrowly mixed on caution ahead of a slew of key events,...

Dynamite News

Instagram down: Users Unable To Send Or Receive Direct Messages

Instagram is facing a major technical issue, affecting thousands of users who are unable to send or access direct messages. Read further on Dynamite News:

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TechRadar

Some of the biggest password stealers around may have been disrupted by police

RedLine and Meta operations disrupted by Dutch police.

International Business Times

Global Police Shut Down Malware Group 'Targeting Millions'

A global police operation shut down the servers of one of the world's largest malware platforms that targeted millions of victims, the EU's judicial arm said on Tuesday.

TechRadar

Meta is building an AI search engine – could it be the true Google rival we’ve been waiting for?

Meta could be working on its own AI-powered search engine to make Meta AI self-sufficient.

Latin Times

Asian Markets Fluctuate With Eyes On Megatech Results

Investors are eyeing the earnings reports of five of the "Magificent Seven" tech giants due this week, including Google parent Alphabet, Amazon, Apple, Facebook-parent Meta, and Microsoft.

The Guardian - UK

Apparently fake social media accounts boost Azerbaijan before Cop29

Exclusive: Linked accounts on X push petrostate’s posts about climate summit and drown out criticism

AAP

Seven news boss wants tax break to fight X, Facebook

A tax on commercial broadcasters should be scrapped, Seven news boss Anthony De Ceglie says, as media companies deal with the "evil forces" of social media.

International Business Times

Asian Shares Rise As Markets Await Tech Results

Asian markets mostly rose Tuesday with investors looking ahead to the release of US economic data and the earnings reports of tech titans this week.

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