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Meta on Wednesday pushed back on reports that the Mark Zuckerberg-led company has offered as much as $300 million to poach talent from OpenAI in the battle for artificial intelligence supremacy.
According to Bloomberg, the upcoming Meta smart glasses will start at more than $1,000, and could cost as much as $1,400. The publication’s sources say pricing is yet to be nailed down ahead of ...
Meta signs 20-year nuclear power deal to meet AI demands Meta is expanding its line of AI-powered eyewear through a new partnership with sportswear brand Oakley. The new smart glasses introduced ...
Meta on Wednesday posted earnings of $7.14 per share on $47.5 billion in revenue from the quarter ended June 30. Earnings per share were up 38% from the year-ago period and well above the $5.88 ...
Mark Zuckerberg’s Meta has reportedly expanded the number of employees who will be labeled as “low performers” in midyear performance reviews – just months after it slashed about 4,000 ...
Meta offered one of Apple's top artificial intelligence executives over $200 million to lure him away from the company, Bloomberg reports. Ruoming Pang, who until recently led Apple's foundation ...
In the last five years, Meta’s stock has portrayed a notably volatile yet evenly distributed reaction to earnings surprises. In 50% of the cases, the stock recorded a positive one-day return ...
Meta reported $47.52 billion in revenue for its second quarter, up 22% year over year. Its net income rose 36% year over year to $18.34 billion, or $7.14 per share.
Meta counters that it is being punished for being an innovative and aggressive tech company. It has always competed fairly, Meta's lawyers say, and regulators are attempting to punish the tech ...
Meta lost a major privacy trial on Friday, with a jury in San Francisco ruling that the Menlo Park giant had eavesdropped on the users of the popular period-tracking app Flo. The plaintiff’s ...
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