meta
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US: Stocks boosted by gains in Microsoft, Meta
[NEW YORK] WALL Street stocks rallied on Thursday after strong results from Microsoft and Facebook parent Meta offset lingering worries about an economic slowdown. Microsoft surged 7.6 per cent following results showcasing…
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US: Wall Street leaps at the open on Microsoft, Meta boost
Published Thu, May 1, 2025 · 09:52 PM [NEW YORK] Wall Street’s main indexes jumped at the open on Thursday, powered by shares of Meta and Microsoft, as their strong…
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Meta quarterly profit climbs despite big cloud spending
[SAN FRANCISCO] Tech giant Meta on Wednesday (Apr 30) reported quarterly profits that were well above expectations, brushing aside market worries that its heavy investments in cloud computing and artificial…
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Meta Quarterly Profit Climbs Despite Big Cloud Spending
Tech giant Meta reported quarterly profits well above expectations Wednesday, brushing aside market worries that its heavy investments in cloud computing and artificial intelligence would hamper growth. The company reported…
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Meta launches standalone AI app to compete with ChatGPT
[SAN FRANCISCO] Meta Platforms released a new standalone artificial intelligence (AI) app on Tuesday (Apr 29) in a bid to compete with other popular chatbots such as OpenAI’s ChatGPT. The…
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Meta lays off more than 100 employees across Reality Labs unit
[SAN FRANCISCO] Meta Platforms is laying off more than 100 people across its Reality Labs division focused on creating virtual reality (VR) and wearable devices, according to a source familiar…
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Apple fined 500 million euros and Meta 200 million euros for breach of EU law
[BRUSSELS] Apple was fined 500 million euros (S$747.6 million) on Wednesday (Apr 23) and Meta 200 million euros, as European Union antitrust regulators handed out the first sanctions under landmark…
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EU Slaps Fines On Apple And Meta, Risking Trump Fury
The EU on Wednesday slapped Apple and Meta with 700 million euros in fines for breaking digital competition rules, risking the wrath of US President Donald Trump. The penalties threaten…
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Meta appoints new Singapore country director Nicole Tan
She will spearhead driving digital innovation and AI opportunities for businesses in the country [SINGAPORE] Meta has appointed Nicole Tan as its new country director for Singapore, with effect from…
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Zuckerberg Denies Meta Bought Rivals To Conquer Them
Meta chief executive Mark Zuckerberg on Wednesday denied in court that his company bought rival services Instagram and WhatsApp to neutralize them, as his testimony in a landmark antitrust case…
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Meta To Train AI Models On European Users’ Public Data
Meta will train its artificial intelligence (AI) models with its European users’ public content and conversations with the Meta AI chatbot, the firm said on Monday. The decision represents a…
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Meta Faces Landmark US Antitrust Trial
Social media juggernaut Meta stands trial on Monday facing serious US government allegations that it abused its market power to acquire Instagram and WhatsApp before they could become competitors. By…
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Author of explosive Meta memoir stars at US Senate hearing, details Zuckerberg working with China
[SAN FRANCISCO] The former Facebook employee behind a scathing book about parent company Meta on Wednesday alleged that the social networking giant collaborated with the Chinese government on artificial intelligence,…
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Meta Unveils Llama 4 AI Models With Multimodal Abilities
Meta has launched the latest versions of its Llama artificial intelligence models, referring to them as the first open-weight models with built-in multimodal abilities. Among the new releases are Llama…
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Meta plans nearly US$1 billion data centre project in Wisconsin
[NEW YORK] Meta Platforms plans to spend nearly US$1 billion on the development of a data centre project in central Wisconsin, underscoring a larger effort from the social media giant…
