The Latest Breaking News from Meta

HIMS Stock in Focus as FTC Lawsuit Takes Aim at Hims & Hers Business Practices

Hims & Hers shares crashed yesterday as the FTC filed a lawsuit against the telehealth provider. Here’s how you should play HIMS stock at current levels.

Barchart · Jul 30

Microsoft Soared After Its Earnings Appetite For Chipmakers Returned. Stocks Soared

Stocks rebounded on Thursday, fueled by Microsoft's gains and renewed appetite for semiconductors.

International Business Times · Jul 30

Meta is still flinging the equivalent of a small country's annual GDP down the Reality Labs money pit each and every quarter

Perhaps the next couple of billion will do the trick.

PC Gamer · Jul 30

Wall Street Rewarded Microsoft 9% and Punished Meta 9% for Answering the Same Question Differently

Microsoft rose 9%, and Meta fell 9% on results day. Discover what differentiated the two outcomes and why capital budgets now play a crucial role.

International Business Times UK · Jul 30

Stock Market Today: S&P 500, Nasdaq 100 Futures Gain as Fed's Preferred Gauge Core PCE Inflation Eases to 0.1% Monthly—Meta, Microsoft, Apple in Focus (UPDATED)

(Editor’s note: The headline and ETFs and economic data were updated.)

Benzinga · Jul 30

Microsoft posts record profit as shares surge 10%, while Meta disappoints

Microsoft reported record quarterly profit and forecast accelerating Azure growth, while Meta’s profit and margins were hit by severance costs and legal expenses.

Euronews · Jul 30

WhatsApp Web Update: 5 New Features You Should Know

Imagine making a WhatsApp voice or video call directly from your browser without downloading another app. That convenience is finally becoming a reality. WhatsApp has introduced one of its biggest updates for Web users, bringing secure calling, smoother video quality, and smarter meeting controls. Whether you work remotely, study online,…

MyLifeXP · Jul 30

Meta to explain PM Modi post removal at highest level, expresses regret over incident: IT Secretary S Krishnan

The government has demanded an explanation from Meta's senior team regarding the removal of a short post. Meta has accepted the request to furnish policy and technical details to the authorities. Additionally, the company has rolled out new protective measures for high-profile accounts. Despite this, the IT Secretary indicated that…

The Economic Times · Jul 30

Mark Zuckerberg Says Can't Rely on Open Source AI Models Right Now: 'We Think That There's Some Risk…'

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg said the company will continue building its own frontier AI models rather than relying on third-party open-source alternatives, saying today’s open-source models lag behind the industry’s most advanced systems and that depending on other companies’ technology carries strategic risks.

Benzinga · Jul 30

Meta-backed research finds exposure to 'untrustworthy' social media is rare

A new study published today in Science Advances offers the most rigorous answers yet. It comes from a collaboration between Meta and academic researchers who studied the 2020 United States election. It was run from inside the machine - on the live feeds of Facebook and Instagram.

The Economic Times · Jul 30