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The Latest Breaking News from Meta

OpenAI Just Raised $8.3 Billion At This Valuation As ChatGPT Growth Soars

ChatGPT parent OpenAI has raised $8.3 billion in new capital at a $300 billion valuation as part of its ongoing $40 billion fundraising effort, according to a person familiar with the deal.

Benzinga

7 Products and Brands That Were Rebranded After Complaints

When a product launch is met with widespread complaints or a brand name becomes toxic, companies often turn to rebranding as a way to salvage their investment. This strategy involves changing the name, packaging, or marketing to create distance from a negative reputation. While some rebrands are purely cosmetic, others…

Grocery Coupon Guide

Amazon Falls on Fears That AWS Is Losing Market Share: Should You Buy the AMZN Stock Dip Here?

Amazon stock is trading lower today as AWS's Q2 performance and the company's Q3 operating income guidance spooked investors. Should you buy the dip here?

Barchart

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OpenAI’s latest funding round was so popular early investors were reportedly miffed about being pushed aside to make room for new partners

OpenAI just scored another $8.3 billion thanks to new investors, including a $2.8 billion check from Marc Stad’s Dragoneer Investment Group.

Fortune

Apple's Tim Cook 'very open to M&A that accelerates our road map' for AI' — company increasing spending on AI initiatives, reorganizing teams to address expansion

Lagging behind leading tech firms in artificial intelligence, Apple is ramping up internal efforts and actively pursuing acquisitions to accelerate its AI development, but at the same time keeping CapEx modest compared to peers like Google, Meta, and Microsoft.

Tom’s Hardware

Nvidia, Broadcom, Marvell Lead Chip Stock Slide After Trump Hits China, Taiwan With New Tariffs

Artificial intelligence chip stocks including NVIDIA Corp. (NASDAQ:NVDA), Advanced Micro Devices Inc (NASDAQ:AMD), Broadcom Inc (NASDAQ:AVGO), Arm Holdings PLC-ADR (NASDAQ:ARM), Marvell Technology Inc (NASDAQ:MRVL), Micron Technology Inc (NASDAQ:MU), Lam Research Corp (NASDAQ:LRCX), Taiwan Semiconductor Manufacturing Co (NYSE:TSM), Super Micro Computer Inc (NASDAQ:SMCI) are trading lower on Friday as the Trump…

Benzinga

Apple says it's ready to spend big on AI to catch up to ChatGPT and Google — and this could be its first target

Apple CEO tells investors the company is planning to "significantly grow our investments" in AI.

Tom’s Guide

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Some 26 tech companies sign up to EU Commission's AI Code

Companies joining Code still need to comply with AI Act obligations that kick in from 2 August.

Euronews

Apple's blowout earnings marred by tariff fears, a slow AI rollout, and the stock barely moves

On tariffs, "We estimate the impact to add about $1.1 billion to our costs," CEO Tim Cook said.

Fortune

Amazon and Apple post strong earnings but tariffs dampen investor appetite

Tariffs and the AI race have made tech investors more cautious, with Amazon and Apple’s second quarter results showing that the market is no longer betting on Big Tech as a whole — only on those with a clear edge.

Euronews

Meta just revealed a new XR display prototype — and it may be the biggest leap in smart glasses yet

Meta and Stanford University just revealed a new breakthrough XR display prototype that can produce real 3D holograms in a lens thin enough for glasses.

Tom’s Guide

Reddit's Closing In On Meta: EBITDA Margins Hit 33% In Early Monetization Push: Revenue Per User 'Is Still Low,' 'Remains An Opportunity'

Social media platform Reddit Inc. (NYSE: RDDT) had a strong second-quarter performance, with its profitability metrics now within striking distance of mature social networking companies such as Meta Platforms Inc. (NASDAQ:META).

Benzinga

Gloomy times ahead for European political advertising

An EU regulation on political advertising online has unintended consequences, not just for politicians, but also for think tanks and NGOs.

Euronews

Stocks Struggle As Trump Unveils New Tariff Sweep Offsets Earnings

Asian markets mostly fell Friday as Donald Trump announced tariffs on dozens of trading partners ahead of a self-imposed deadline, offsetting strong earnings from tech giants.

International Business Times

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Benzinga

Tim Cook Says Apple Is 'Very Open' To AI Acquisitions Amid Mounting Pressure To Catch Up With Google, Meta And Microsoft

On Thursday, Apple Inc. (NASDAQ:AAPL) CEO Tim Cook said the company is open to considering artificial intelligence acquisitions.

International Business Times

US Tech Titan Earnings Rise On AI As Economy Roils

Tech giants Amazon, Apple, Meta and Microsoft this week eclipsed earnings expectations, cashing in on artificial intelligence (AI) while navigating economic waters roiled by US tariffs.

Total Film

One of the most intense method actors of his generation is reportedly the top choice to play Mark Zuckerberg in The Social Network 2

Succession star Jeremy Strong is reportedly the top choice to play Meta CEO Mark Zuckerberg in The Social Network Part II

Barchart

Stocks Erase Early Gains as Chip Makers and Big Pharma Retreat

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.74%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.55%. September E-mini S&P futures (ESU25 ) fell -0.43%, and September E-mini Nasdaq futures (NQU25...

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Android Central

Smart glasses are eating VR's lunch, and Meta's 2025 earnings are the proof

Meta's Reality Labs division posted another quarter of higher-than-expected Ray-Ban sales, and it's clear Meta has a winning formula on hand.

Kiplinger

Stocks Can't Hold Meta, Microsoft Gains: Stock Market Today

The main indexes all opened higher Thursday on impressive Big Tech earnings, but momentum faded into the close.

Benzinga

MAGS ETF Hits Record High As Microsoft And Meta Earnings Fuel Tech Rally

The Roundhill Magnificent Seven ETF (BATS:MAGS) surged to an all-time high Thursday morning, powered by blockbuster quarterly earnings from key holdings Microsoft Corp (NASDAQ:MSFT) and Meta Platforms Inc (NASDAQ:META). Here’s what investors need to know.

Benzinga

Mark Zuckerberg On Big Screen: Here's Who Could Play Meta Platforms CEO Next

A sequel to "The Social Network" will likely require recasting the role of Mark Zuckerberg.

TechRadar

These smart glasses promise to remember your life better than you can, and we simply aren’t ready for these next-gen wearables

These Halo glasses have a lot to offer, but I'm left feeling like privacy is sprinting into the grave.

Tom’s Guide

Mark Zuckerberg says that those not wearing AI smart glasses in the future will be at a 'pretty significant cognitive disadvantage'

During Meta's earnings calls, Mark Zuckerberg intimated that not having smart glasses would put people at a disadvantage compared with those who do.

Benzinga

Meta's Q2 Results Turn Skeptics Into Believers As Capex Narrative Shifts

Following an exceptionally strong second-quarter earnings report and optimistic third-quarter guidance issued on Wednesday, Meta Platforms (NASDAQ:META) has seen a wave of positive reratings and increased price forecasts from prominent Wall Street analysts.

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