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Meta and Microsoft are making big moves in opposite directions after earnings
It’s a tale of two different megacaps so far this earnings season when it comes to artificial intelligence. Meta Platforms surged after showing signs that investments in AI is boosting the bottom line, while Microsoft shares dropped as the company struggled to justify recent spending plans to investors and showed a slowdown in its cloud […]
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Meta’s Mark Zuckerberg gets green light from Wall Street to keep pouring money into AI
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta CEO Mark Zuckerberg plans to ramp up his company’s spending on artificial intelligence in 2026. Wall Street seems fine with that plan. […]
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Meta’s Reality Labs posts $6.02 billion loss in fourth quarter
Meta CEO Mark Zuckerberg wears the Meta Ray-Ban Display glasses, as he delivers a speech presenting the new line of smart glasses, during the Meta Connect event at the company’s headquarters in Menlo Park, California, U.S., Sept. 17, 2025. Carlos Barria | Reuters Meta’s efforts to create the digital worlds known as the metaverse continue […]
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Meta set to report earnings: Update on revamped AI strategy is key to fourth quarter
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears a pair of Meta Oakley Vanguard AI glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 17, 2025. David Paul Morris | Bloomberg | Getty Images Meta on Wednesday will report fourth-quarter earnings, and investors will be looking for any […]
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Snap establishes Specs subsidiary for its AR glasses
The head of Snapchat operator Snap, Evan Spiegel, presents the new generation of Spectacles. Andrej Sokolow | Picture Alliance | Getty Images Snap on Wednesday said its unit working on the development of augmented reality glasses is now housed under a wholly owned subsidiary named Specs Inc. The company said the subsidiary will provide “greater […]
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Blockbuster social media trial kicks off, with more to come this year
Facebook co-founder and Meta CEO Mark Zuckerberg sits in his seat inside a bipartisan Artificial Intelligence Insight Forum for all U.S. senators hosted by Senate Majority Leader Chuck Schumer at the U.S. Capitol in Washington, D.C., on Sept. 13, 2023. Leah Millis | Reuters A landmark case against social media giants Meta, Alphabet’s YouTube and […]
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Apple, Google host dozens of AI ‘nudify’ apps like Grok, report finds
Under the EU’s Digital Markets Act, Apple is required to allow developers to freely inform customers of alternative offers outside its App Store. Gabby Jones | Bloomberg via Getty Images The Apple and Google Play app stores are hosting dozens of “nudify” apps that can take photos of people and use artificial intelligence to generate […]
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Tech’s massive AI spend is under scrutiny ahead of earnings. Here’s what to watch
From left, Mark Zuckerberg, CEO of Meta Platforms; Lauren Sanchez; Jeff Bezos, founder of Amazon.com; Sundar Pichai, CEO of Alphabet; and Elon Musk, CEO of Tesla, during the 60th presidential inauguration in the rotunda of the Capitol in Washington, Jan. 20, 2025. Julia Demaree Nikhinson | Bloomberg | Getty Images If 2025 was the year […]
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TikTok blames data center outages for U.S. app problems, denies censorship claims
The TikTok logo is displayed at a TikTok office on Jan. 23, 2026 in Culver City, California. Mario Tama | Getty Images TikTok’s U.S. app, now under majority American ownership, said a recent wave of glitches and content disruption was due to a power outage at one of its data centers, pushing back against claims […]
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Meta to test premium subscription plans for Instagram, Facebook and WhatsApp
Chinese officials are reviewing Meta’s $2 billion acquisition of AI startup Manus for possible technology control violations, FT reported on Tuesday. Sopa Images | Lightrocket | Getty Images Meta Platforms is set to test new subscription models across its apps, including Instagram, Facebook and WhatsApp in the coming months, according to a report from TechCrunch […]
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