Meta Platforms Inc
AI is changing the lucrative search business. Here’s how to pick the winners — and avoid the losers
Concerns over a potential plunge in web traffic due to artificial intelligence — and its impact on many businesses — may have been overblown. The proliferation of artificial intelligence tools in web navigation have raised concern that Google, as well as companies that rely on consumers reaching them through search results, could see their business […]
Read More
The S&P 500 is on the cusp of another record. How long can this bull keep dodging danger?
A week removed from a brutal payroll report that triggered worry over a tapped consumer and a trapped Federal Reserve, the broad stock indexes are back at the cusp of all-time highs, market volatility has returned to year-to-date lows and some investors are calling off the August hurricane watch. The S & P 500’s 2.4% […]
Read More
Trade Desk tanks almost 40% on CFO departure, tariff concerns and competition from Amazon
Jeff Green, CEO of The Trade Desk. Scott Mlyn | CNBC Shares of The Trade Desk plummeted almost 40% on Friday and headed for their worst day on record after the ad-tech company announced the departure of its CFO and analysts expressed concerns about rising competition from Amazon. The Trade Desk, which went public in […]
Read More
Tech is getting a boost from AI ad tools. Some companies are being left behind
Mark Zuckerberg, CEO of Meta Platforms Inc., arrives for the Meta Connect event in Menlo Park, California, on Sept. 25, 2024. David Paul Morris | Bloomberg | Getty Images Artificial intelligence has been a shot in the arm for digital advertising. Meta and Alphabet both reported sales and earnings that beat Wall Street’s expectations, but […]
Read More
England Lionesses’ Jess Carter says social media platforms ‘need to do better’ after facing racial abuse online
Jess Carter of England running during the UEFA Women’s EURO 2025 Final match between England and Spain. Richard Sellers/allstar | Getty Images Sport | Getty Images England Lioness and Gotham FC defender Jess Carter said social media companies can do more to police hate comments online after she faced racial abuse during the Euro 2025 […]
Read More
Instagram’s map feature spurs user backlash over geolocation privacy concerns
Nurphoto | Nurphoto | Getty Images The launch of an Instagram feature that details users’ geolocation data illicited backlash from social media users on Thursday. Meta debuted the Instagram Map tool on Wednesday, pitching the feature as way to “stay up-to-date with friends” by letting users share their “last active location.” The tool is akin […]
Read More
California jury rules Meta violated privacy law in case involving period-tracking app
Facebook CEO Mark Zuckerberg departs E. Barrett Prettyman United States Court House on April 14, 2025 in Washington, DC. Andrew Harnik | Getty Images A California jury ruled against Meta in a privacy-related lawsuit involving the alleged collection of sensitive data from Flo, a period-tracking app. The jury ruled that the plaintiffs proved that Meta […]
Read More
Democrats ask Google whether talks with Trump over censorship suit include possible ‘quid-pro-quo’ deal
Sen. Elizabeth Warren, D-Mass., speaks during a Senate Banking, Housing and Urban Affairs Committee confirmation hearing on President Donald Trump’s nominees to lead the National Economic Council, Consumer Financial Protection Bureau and Federal Housing Finance Agency, on Capitol Hill in Washington, Feb. 27, 2025. Annabelle Gordon | Reuters Several Democratic senators, including Elizabeth Warren of […]
Read More
How Meta could challenge Apple and Google to become the AI king on our devices
Key Points Meta is well-positioned to be a key player in AI across our devices as chatbots become more personalized and advanced, according to one fund manager. Access to data of 3.48 billion usesr across its family of apps such as Facebook and Instagram could be a key advantage. However, Meta doesn’t own an operating […]
Read More
Snap shares plummet 15% after weak second-quarter revenue metric
Snap shares tanked more than 15% Tuesday when it reported second-quarter earnings in which global average revenue per user missed expectations. Here is how the company did compared with Wall Street’s expectations: Earnings per share: Loss of 16 cents. That figure is not comparable to analysts’ estimates. Revenue: $1.34 billion vs. $1.35 billion expected, according to LSEG […]
Read More