Social media
Meta wins AI copyright case, but judge says others could bring lawsuits
Meta CEO Mark Zuckerberg makes a keynote speech during the Meta Connect annual event, at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta on Wednesday prevailed against a group of 13 authors in a major copyright case involving the company’s Llama artificial intelligence model, but the judge […]
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Micron reports earnings, revenue beat and issues strong forecast
Micron CEO Sanjay Mehrotra speaks before President Joe Biden delivers remarks on the CHIPS and Science Act and his Investing in America agenda, at the Milton J. Rubenstein Museum in Syracuse, New York, April 25, 2024. Andrew Caballero-Reynolds | AFP | Getty Images Micron shares rose in extended trading on Wednesday after the chipmaker reported […]
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Bumble jumps 15% as dating company plans to axe 30% of workforce
DANA POINT, CALIFORNIA – SEPTEMBER 27: Whitney Wolfe Herd, Founder & CEO, Bumble speaks onstage during Vox Media’s 2023 Code Conference at The Ritz-Carlton, Laguna Niguel on September 27, 2023 in Dana Point, California. (Photo by Jerod Harris/Getty Images for Vox Media) Jerod Harris | Getty Images Entertainment | Getty Images Bumble shares rallied more […]
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Meta is absent from SF Pride this year, as tech industry retreats from public support of LGBTQ+
Parade goers hold Pride flags during the annual Pride Parade in San Francisco on Sunday, June 29, 2024. Minh Connors | San Francisco Chronicle | Hearst Newspapers | Getty Images Meta CEO Mark Zuckerberg is staying mum these days when it comes to the LGBTQ+ community. It wasn’t always that way. San Francisco Pride Executive […]
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U.S. House tells staffers not to use Meta’s WhatsApp
A woman walks past a logo of WhatsApp during a Meta event in Mumbai, India, on Sept. 20, 2023. Niharika Kulkarni | Nurphoto | Getty Images Meta is pushing back against a ban on WhatsApp from government devices. The chief administrative officer, or CAO, of the U.S. House of Representatives told staffers on Monday that […]
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Trump Media approves $400 million stock buyback
U.S. President Donald Trump speaks to the media upon arrival at Joint Base Andrews following a visit to North Carolina, in Maryland, U.S., June 10, 2025. Evelyn Hockstein | Reuters Trump Media & Technology Group, the parent company of Truth Social, Truth+, and the fintech platform Truth.Fi, said Monday its board has approved a stock […]
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After Zuckerberg spent billions on an AI ‘dream team,’ he has to deliver for Meta shareholders
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images When Mark Zuckerberg feels the heat, he opens his wallet. The 41-year-old Facebook founder and Meta CEO is on a spending spree like never before in an effort to position […]
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Meta approached Perplexity before massive Scale AI deal
Meta approached artificial intelligence startup Perplexity AI about a potential takeover bid before ultimately investing $14.3 billion into Scale AI, CNBC confirmed on Friday. The two companies did not finalize a deal, according to two people familiar with the matter who asked not to be named because of the confidential nature of the negotiations. One […]
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Meta, EssilorLuxottica unveil Oakley smart glasses
Meta CEO Mark Zuckerberg presents Orion AR Glasses as he makes a keynote speech during the Meta Connect annual event at the company’s headquarters in Menlo Park, California, on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta and EssilorLuxottica on Friday unveiled a new line of Oakley smart glasses that include the social media company’s […]
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Trump extends TikTok ban deadline by another 90 days
Muhammed Selim Korkutata | Anadolu | Getty Images President Donald Trump has extended the deadline for TikTok’s parent company ByteDance to sell the short form video app to an American owner. On Thursday, Trump signed an executive order granting a third extension for the Chinese company to sell its video platform so it can continue […]
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