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The Latest Breaking News from Meta

ICYMI: the week's 7 biggest tech stories, from Meta Horizon OS to 2024 iPad launch date

Here's ICYMI for April 27, 2024, covering news about Apple's next iPad's, Sony, Meta Horizon OS, and Moondrop phone.

Strong Tech Earnings Boost Stocks

Strong Tech Earnings Boost Stocks

The S&P 500 Index ($SPX ) (SPY ) Friday closed up +1.02%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.65%. US stock indexes rallied Friday, with the S&P 500 posting a 1-1/2 week high...

Can This 'Magnificent 7' Underperformer Climb As High As It Did Last Year?

Can This 'Magnificent 7' Underperformer Climb As High As It Did Last Year?

Following the company's disastrous first quarter results, investing in Tesla now carries significant risk.

From analysis to the latest developments in health,
read the most diverse news in one place.

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Meta Horizon OS could repeat Android's biggest problem if Meta isn't careful

Meta Horizon OS is set to be "the Android of VR," but some developers are concerned that this will unnecessarily complicate things.

Android Central

Stocks Climb on Impressive Tech Earnings and Strength in AI Chip Makers

The S&P 500 Index ($SPX ) (SPY ) this morning is up +1.04%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.55%. US stock indexes this morning are moderately higher, with the S&P 500 climbing...

WhatsApp and the Wakeley riot: how a messaging platform became a fake news broadcaster

The spread of misinformation on the night of the alleged stabbing of a priest in Wakeley escalated violence faster than news outlets could report the story

The Guardian - AU

How High Can GOOG Stock Go as Alphabet Wins Some Much-Deserved AI Respect?

Alphabet stock is trading sharply higher today after the company impressed markets with its Q1 earnings. Here's how high the stock could go as it wins 'AI respect' on par with its Big Tech peers.

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WhatsApp, Meta move Delhi High Court against India’s IT rules

WhatsApp, Meta move Delhi High Court against India’s IT rules

WhatsApp LLC. and its parent company Facebook Inc., now Meta, have moved the Delhi High Court, challenging the Information Technology rules enacted in 2021.

Why is Elon Musk feuding with Australia and Brazil over free speech?

Why is Elon Musk feuding with Australia and Brazil over free speech?

X owner is fighting governments over their attempts to curtail online content deemed to be harmful.

Stocks Retreat as Persistent Inflation Dents Fed Rate-Cut Hopes

Stocks Retreat as Persistent Inflation Dents Fed Rate-Cut Hopes

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.46%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.98%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.55%. US stock indexes Thursday closed moderately lower, led by weakness in technology stocks. Meta...

Alphabet earnings impress as the AI race heats up

Alphabet earnings impress as the AI race heats up

Alphabet announces its Q1 2024 financial earnings, reporting a 15% increase year-over-year on strong performance from Search, YouTube, and Cloud.

Android Central

Stock Market Today: Markets Tumble Amid Slower Economic Growth and Rising Prices

Stock Market Today: Markets Tumble Amid Slower Economic Growth and Rising Prices

Disappointing readings on GDP and inflation helped tank equities.

Stocks Lower on Tech Stocks Weakness and Stagflation Fears

Stocks Lower on Tech Stocks Weakness and Stagflation Fears

The S&P 500 Index ($SPX ) (SPY ) is down -0.41%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.86%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.6%. US stock indexes are lower, led by weakness in technology stocks. Meta Platforms is down...

2 Best AI Growth Stocks to Own Right Now

2 Best AI Growth Stocks to Own Right Now

Meta Platforms and Amazon have harnessed the power of AI to accelerate growth in the coming years.

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Meta spent $4.3 billion on its VR division in three months, and made *checks figures* $440 million in return

Math isn't my strong point, but those numbers make my teeth hurt.

Android Central

Exclusive: Meta's upcoming glasses are the OMG moment that AR needs

Our exclusive interview with the Head of AR Glasses Hardware at Meta, Caitlin Kalinowski, revealed new details about Project Nazare and what we should expect from Meta's first true AR glasses.

These are the Meta Quest alternatives we could get soon with Horizon OS, according to Mark Zuckerberg

Mark Zuckerberg has teased five Meta Quest alternatives that would run on Horizon OS in a recent investor call.

Meta Stock Slides as AI Spending Ramps Up: What To Know

Meta stock plunged after the Facebook parent increased spending on artificial intelligence and the metaverse.

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The Guardian - US

Meta value falls $190bn as investors react to plan to increase spending on AI

Shares slumped 15% after Mark Zuckerberg said AI spending would have to grow before Meta could make much revenue from products

Evening Standard

Almost $200bn wiped off Meta's value as markets balk at Zuckerberg's AI spending plans

First-quarter results were strong, but investors weren’t pleased with the Facebook and Instagram owner’s spending plans

Meta beats expectations on revenue, profits but AI spending spooks investors

Meta announced a 27 percent jump in Q1 revenues but still saw shares tank after hours, amid fears over the social media giant's increased capital expenditure on AI infrastructure. Also in this edition: British mining giant BHP makes a $39 billion bid for its rival Anglo American, and Boeing's losses…

Digital Camera World

Meta launches Llama 3 — the "FASTEST AI image generation" ever seen!

“The goal eventually is to help take things off your plate, just help make your life easier," Chris Cox, Meta's chief product officer said in an interview

US Stock Futures Dip As Meta Platforms Impact Megacaps

US stock market futures weaken as Meta Platforms' disappointing earnings impact tech sector and market sentiment. Analysts advise caution in uncertain mark...

Meta's Stock Plunges As AI Investment Plans Worry Investors

Meta's stock tumbles 13% as it announces plans to invest billion in AI projects, raising investor concerns.

Stocks Plunge Before the Open as Meta’s Revenue Forecast Disappoints, U.S. GDP Data and Earnings in Focus

June S&P 500 E-Mini futures (ESM24) are down -0.53%, and June Nasdaq 100 E-Mini futures (NQM24) are down -0.87% this morning as a disappointing revenue outlook for the current quarter from Meta weighed on sentiment, while market participants braced for a new round of U.S. economic data and quarterly reports…

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