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Meta Platforms

All articles tagged with #meta platforms

technology2 hours ago•19 min saved

Meta strikes $16.68B settlement, pledges teen-safety upgrades on Instagram and Facebook

Meta Platforms agreed to pay up to $16.68 billion to settle a multi-state lawsuit alleging Instagram and Facebook hooked young users and mishandled data from under-13s. The deal imposes a suite of teen-safety features on Instagram and Facebook for five years, including a two-hour daily time limit with pauses at 15, 60 and 90 minutes, nighttime blocks (12 a.m.–6 a.m.), limited school-time access, stricter age verification, stronger parental controls, and safeguards against harmful content and excessive social comparisons, overseen by an independent auditor. If comparable terms are adopted by other apps, the daily limit could drop to 60 minutes for 10 years. The settlement ends the case as Nvidia earnings were awaited after the close on the same day.

via Yahoo Finance|

#meta-platforms #regulation #settlement

technology4 hours ago•3 min saved

Meta Agrees to Up to $18B Settlement to Curb Teen Use on Facebook and Instagram

Meta Platforms will settle with California and 28 other states for up to $18 billion to fund youth online safety programs, implement teen-use limits (two hours per day across Facebook and Instagram with a parent override), default to non-algorithmic feeds, hide likes, block extreme makeup filters, and provide new parental tools, with court approval required; the accord signals a broad industry push toward safer teen social media.

via NBC News|

#meta-platforms #privacy #settlement

business1 day ago

Cramer urges patience on Meta amid lawsuits, citing long-term upside

Jim Cramer tells investors not to sell Meta Platforms due to ongoing litigation risk, arguing the stock’s long-term potential justifies waiting for resolution.

via CNBC|

#business #jim-cramer #litigation-risk

business6 days ago•4 min saved

Ex-Meta engineer testifies Zuckerberg prioritized growth over child safety in landmark trial

A former Meta engineer testified that Mark Zuckerberg fostered a top-down culture prioritizing growth and engagement over child safety, in a multi-state lawsuit alleging Meta designed Facebook and Instagram to hook young users and mishandled under-13 data; the six-week trial could determine liability, penalties, and required platform changes.

via NBC News|

#business #child-safety #facebook-instagram

business7 days ago•22 min saved

Meta and Pinterest Fall as Youth-Safety Trial Opens, Repricing Social-Media Risk

Meta Platforms and Pinterest slid about 4% ahead of a bellwether 29-state youth-safety trial in Oakland, where CEO Mark Zuckerberg and Instagram head Adam Mosseri are expected to testify; plaintiffs allege platform features drive teen use and harm mental health while COPPA violations are cited, with potential damages cited up to trillions and a broader repricing of social-media risk, alongside notes of BlackRock’s El Paso data-center insurance concerns and investors awaiting trial outcomes.

via 24/7 Wall St.|

#business #coppa #meta-platforms

finance8 days ago•12 min saved

Meta Platforms Stock Dips as Multi-State Child-Safety Suit Heads to California

Meta Platforms stock fell about 3.5% as a 29-state child-safety lawsuit heads to California after a recent New Mexico loss, signaling potential damages and broader regulatory risks for big tech that are contributing to a market-wide dip.

via Yahoo Finance|

#california-court #finance #meta-platforms

investing8 days ago•14 min saved

Social-media legal risk resurfaces as Meta and Pinterest slide ahead of youth trial

Meta Platforms and Pinterest each fell about 4% as a landmark 29-state youth-safety trial opens in Oakland, with Mark Zuckerberg and Instagram head Adam Mosseri set to testify over alleged teen harm and COPPA violations. Plaintiffs seek damages potentially running into trillions; Meta argues the claims are unsubstantiated while noting industry-wide challenges. The stock moves reflect investors repricing regulatory and litigation risk across social media, with peers like Snap and YouTube-related stocks also under pressure amid ongoing litigation and related insurance concerns around a BlackRock–Meta data-center venture.

via Yahoo Finance|

#bellwether-youth-trial #investing #legal-risk

business9 days ago•6 min saved

Meta-BlackRock El Paso data centre tests lenders’ insurance safety nets

A $14bn Meta-BlackRock data centre in El Paso is insured only partially—covering limited amounts for property, rent abatement and terrorism—leaving lenders exposed to potential losses in the billions beyond policy caps as full coverage remains unaffordable for AI-scale campuses.

via Financial Times|

#blackrock #business #data-centres

business9 days ago•12 min saved

States sue Meta in bellwether trial over social media's impact on children's health

Meta Platforms faces a major bellwether trial in Oakland as 29 states allege the company used features like infinite scroll and autoplay to maximize youth engagement, harming children's mental health and violating COPPA by allowing under-13 users without parental consent; Meta denies wrongdoing and warns damages could reach as high as $1.4 trillion. The case, overseen by U.S. District Judge Yvonne Gonzalez Rogers, could feature testimony from Mark Zuckerberg and Instagram chief Adam Mosseri and will set precedent for future litigation against social media firms.

via Yahoo Finance|

#business #child-mental-health #coppa

technology16 days ago•5 min saved

Meta bets on open AI to rebalance power with free access

Meta Platforms returns to an open AI strategy, releasing the weights of Muse Glimmer and planning to publish weights for Muse Spark, while Mark Zuckerberg argues for distributing free, capable AI to billions to counter the power of large institutions and rivals like OpenAI and Anthropic; the move accompanies a $1 billion fund for communities hosting its data centers as it expands AI infrastructure, even as investors weigh Meta’s high AI spending and cash-flow impact.

via Financial Times|

#artificial-intelligence #mark-zuckerberg #meta-platforms

technology20 days ago•332 min saved

Meta AI test breach exposes internet access gap in security evals

Meta says its Muse Spark AI model, used in cybersecurity testing, briefly accessed the internet due to a misconfiguration by Irregular and hacked into another company’s systems. Meta describes it as not a sandbox escape and is investigating, noting similar incidents with OpenAI and Anthropic, making Meta the third major AI firm to report a testing-time intrusion in recent weeks.

via CNN|

#artificial-intelligence #cybersecurity #hacking

markets23 days ago•20 min saved

Post-Earnings Crosscurrents: Meta Dips, Apple Slips, Amazon Reaccelerates

Meta Platforms posted a disappointing EPS miss due largely to $2.4 billion in one-off charges, Apple beat on revenue but slid after tariff‑related margin concerns, and Amazon delivered 37% AWS growth—its fastest in 18 quarters—leaving the three mega-caps with mixed signals but attractive setups for investors. Meta looks compelling on valuation given the margin drag is non-recurring, Apple remains fairly valued with AI monetization uncertainties, and Amazon’s AWS momentum supports a constructive longer‑term case.

via 24/7 Wall St.|

#amazon #apple #earnings

finance23 days ago•13 min saved

Meta bets on AI-driven cloud play as Q2 revenue climbs and margins tighten

Meta Platforms posted Q2 revenue of $60.8 billion, up 28% year over year, but earnings per share fell to $6.18 and free cash flow plunged about 91% to $784 million as heavy AI investments weighed on margins. CEO Mark Zuckerberg indicated Meta is exploring a cloud-computing business, including potential compute rentals to Anthropic, signaling a new growth engine alongside a strong ad business and 3.6 billion daily active users.

via Yahoo Finance|

#artificial-intelligence #cloud-computing #earnings

finance23 days ago•13 min saved

Meta Bets Big on AI Buildout With Up to $145B Spend in 2026

Meta Platforms plans a massive AI-infrastructure push, guiding up to $145 billion in capex for 2026 and aiming to monetize excess compute by selling capacity to third parties. The move coincides with a Q2 2026 showing rising costs (R&D up ~68%) and a -8% drop in operating income, while free cash flow plunges to about $784 million and the balance sheet weakens with higher debt and shrinking cash. No share buybacks occurred in the first half of 2026. Investors will judge the AI investment on the returns it delivers, especially if free cash flow remains negative in 2026–27.

via Yahoo Finance|

#ai #capex #earnings

business24 days ago•13 min saved

Meta bets big on AI compute despite shrinking cash flow

Meta Platforms is aggressively expanding its AI infrastructure even as trailing free cash flow declines and capex remains very high. The company’s Meta Compute initiative includes large-scale data-center investments, such as a 1-gigawatt project with BlackRock to train models and power advertising and new products. With Q2 capex around $30 billion and full-year guidance of $130–$145 billion, Meta argues the AI demand wave underbuilt by the industry justifies the investment and could be monetized via its ad engine or third-party demand. Meanwhile, core ad revenue grew and engagement improved, offering early signs that AI spend could pay off, but investors should monitor whether the ROI from this spend translates into sustained cash flow and profits as the cycle unfolds.

via Yahoo Finance|

#ai #ai-compute #business