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Meta Platforms Inc. tripled its profit and posted sharply higher revenue in the final quarter of 2023, boosted by a rebound in digital advertising as well cost cutting and layoffs in what CEO Mark ...
Indexes rallied to record highs as investors cheered Wednesday's rate cut from the Fed. Tech stocks led the rally, with shares of Nvidia and Meta up 4%. Jobless claims reinforced the Fed's message ...
February 2, 2024 at 4:25 PM. Meta Platforms' (META) stock rocketed higher on Friday, climbing more than 20% after the company posted better-than-expected earnings and guidance and announced new ...
Meta Platforms, Inc. (formerly Federal Trade Commission v. Facebook, Inc.) is an ongoing antitrust court case brought by the Federal Trade Commission (FTC) against Facebook parent company Meta Platforms. The lawsuit alleges that Meta has accumulated monopoly power via anti-competitive mergers, with the suit centering on the acquisitions of ...
Axios (website) Axios. (website) Axios (stylized as ΛXIOS) is an American news website based in Arlington, Virginia. It was founded in 2016 and launched the following year by former Politico journalists Jim VandeHei, Mike Allen, and Roy Schwartz. The site's name is based on the Greek: ἄξιος (áxios), meaning "worthy". [2]
Meta Platforms, Inc., [10] doing business as Meta, [11] and formerly named Facebook, Inc., and TheFacebook, Inc., [12] [13] is an American multinational technology conglomerate based in Menlo Park, California. The company owns and operates Facebook, Instagram, Threads, and WhatsApp, among other products and services. [14]
Meta CEO Mark Zuckerberg said Thursday he was shaking up his company’s efforts on artificial intelligence and pouring money into massive data centers to try to beat his tech industry rivals in ...
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