Source: TechCrunch · Published:
The social media giant is planning a new stock strategy to help power its broad investments in AI models and services.
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TechCrunch · 4 h ago
Meta says it's issuing a new class of shares to fund its AI initiatives. As part of its third-quarter earnings report released on Wednesday , the company says the non-voting stock will also go toward potential acquisitions and employee compensation, with…
The Verge · 5 h ago
Meta Muse users are adopting the app for shopping and personal productivity, the company said during Q3 earnings. The AI app now has over 10M users.
TechCrunch · 6 h ago
Meta had to shell out $9.89 billion to pay for a chunk of the child safety settlement it reached with US attorneys general. That's according to the company's third-quarter earnings report released on Wednesday , which says Meta's income from operations would…
The Verge · 6 h ago
The payout is related to a recent trial involving the social media giant that revolved around its data privacy practices.
TechCrunch · 7 h ago
Mark Zuckerberg. | Image: Cath Virginia / The Verge, Getty Images The Cambridge Analytica scandal has come back to haunt Meta after a New Mexico judge ordered it to pay $25 billion in penalties for more than 43 million violations of the state's unfair…
The Verge · 8 h ago
Meta says it paused a Muse feature that lets you share conversations with the AI assistant after researchers found the URLs publicly available on the web, as reported by Ars Technica . In a report published this week , researchers at the security firm Claroc…
The Verge · 1 d ago
Meta's AI companion Muse has surpassed 10 million U.S. downloads in its first 40 days, joining an exclusive group of apps that includes Threads. New data also shows Muse is retaining users at higher rates than its AI rivals.
TechCrunch · 1 d ago