Breaking News: META – Market Insights, Analysis & Latest Updates

Tech market values fall on AI costs and recession fears; Eli Lilly, Berkshire gain

Major tech firms saw market value declines in August due to AI costs and recession fears, while Eli Lilly and Berkshire Hathaway had notable gains.

investing.com • 02/09/2024 - 12:09 PM

US requests trade dispute consultations with Canada over new digital services tax

The U.S. has requested consultations with Canada over its digital services tax, claiming it's discriminatory and inconsistent with trade obligations, potentially leading to retaliatory tariffs.

investing.com • 30/08/2024 - 18:08 PM

Meta's Llama business could be worth $10 to $20B+ says Jefferies

Meta's Llama AI models are valued at $10-20 billion, with analysts noting potential benefits for AWS amid increasing token volume and discussions for a significant deal with Amazon.

investing.com • 30/08/2024 - 08:37 AM

Meta says its Llama AI models being used by banks, tech companies

Meta's Llama AI models are widely adopted by major companies for various functions, demonstrating utility and competitiveness, despite challenges with logical tasks and factual accuracy.

investing.com • 29/08/2024 - 14:02 PM

Contentious California AI bill passes legislature, awaits governor's signature

California passed a controversial AI safety bill requiring compliance and safety testing, facing opposition from tech companies and bipartisan concerns before awaiting Governor Newsom's decision.

investing.com • 28/08/2024 - 23:08 PM

META

Meta considers new mixed reality glasses as headsets alternative, the Information reports

Meta is developing a smaller mixed reality device called Puffin, aiming for a 2027 release, with hand gesture controls instead of handheld controllers.

investing.com • 28/08/2024 - 19:12 PM

META

Meta faces $3.6 million fine in Brazil for allowing bogus Havan ads

Meta Platforms could face a fine of $3.62 million for allowing fraudulent ads using Havan's name to deceive consumers, marking a significant legal decision in Brazil.

investing.com • 28/08/2024 - 16:09 PM

Explainer-Big Tech wants AI to be regulated. Why do they oppose a California AI bill?

California's SB 1047 aims to regulate AI development, requiring safety tests and compliance measures, but faces opposition from tech leaders and concerns about its impact on innovation.

investing.com • 27/08/2024 - 21:47 PM

META

Meta to shut augmented reality studio used by third-party creators

Meta Platforms is shutting down its Meta Spark augmented reality studio on January 14 to focus on AI and metaverse investments, disappointing third-party creators reliant on the platform.

investing.com • 27/08/2024 - 16:53 PM

META

Meta CEO says company was 'pressured' by Biden admin to censor COVID-19 content

Zuckerberg revealed that the Biden administration pressured Meta to censor COVID-19 content during the pandemic and expressed regret over past decisions influenced by government pressure.

investing.com • 27/08/2024 - 15:00 PM

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