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Meta Loses $310 Billion Market Value Due To Legal Risk, AI Spending Concerns
Shares of the Facebook and Instagram parent are down 19% this month, putting them on pace for their worst performance since October 2022.
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Microsoft Reaches $4 Trillion Valuation After Solid Results
Strong results from Microsoft and Meta Platforms late on Thursday also fueled gains in Amazon and sent chipmaker Nvidia to a record high, with the four heavyweight AI players gaining over half a trillion dollars in market value.
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Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
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Amazon And Meta Surge After Results, While Apple Drops
Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results.
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Meta Safe From UK Market Dominance Lawsuit Worth $3.7 Billion, For Now
Facebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the social media giant abused its dominant position to monetise users' personal data.
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Facebook Asks UK Tribunal to Block $3.7 Billion Mass Action Lawsuit Over Market Dominance
Facebook has asked a London tribunal to block a mass action lawsuit against the firm that alleges the social media firm monetised users' personal data by abusing its dominant market position. The mass action lawsuit claims users should get compensation for the economic value they would have received if Facebook was not in a dominant position in the...
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Apple Now Valued More Than Alphabet, Amazon And Meta Combined: Report
Apple's earnings soared 8 percent on Friday after the release of its better-than-expected fourth-quarter report.
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Meta Is On Brink Of Falling Out Of Top 20 Biggest US Stocks
Meta Platforms Inc. shareholders are paying dearly for its spending on the metaverse: The Facebook parent's market value has collapsed by a whopping $520 billion in the past year.
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After Value Plummets, Facebook Takes Reels Global, Makes It Key Priority
Facebook is launching its short video feature Reels to more than 150 countries, its owner Meta Platforms said on Tuesday, in a move to expand its fastest growing content format.
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Facebook-Parent Meta Says It Has No Plans to Quit Europe Over Data Transfer Spat
Facebook-parent Meta said it has no plans to pull its services from Europe, after raising the possibility amid an ongoing row over transferring European data to the United States.
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Meta Loses $310 Billion Market Value Due To Legal Risk, AI Spending Concerns
Shares of the Facebook and Instagram parent are down 19% this month, putting them on pace for their worst performance since October 2022.
-
Microsoft Reaches $4 Trillion Valuation After Solid Results
Strong results from Microsoft and Meta Platforms late on Thursday also fueled gains in Amazon and sent chipmaker Nvidia to a record high, with the four heavyweight AI players gaining over half a trillion dollars in market value.
-
Meta Set to Throw Billions at Startup That Leads AI Data Market
Meta is in talks to make a multibillion-dollar investment in Scale AI. The financing may exceed $10 billion (roughly Rs. 85,533 crore) in value, making it one of the largest private company funding events of all time.
-
Amazon And Meta Surge After Results, While Apple Drops
Meta Platforms and Amazon.com added a combined $280 billion in stock market value late on Thursday after the Big Tech duo reported quarterly results that impressed investors, while Apple's value shrank by $70 billion after its results.
-
Meta Safe From UK Market Dominance Lawsuit Worth $3.7 Billion, For Now
Facebook on Monday temporarily fought off a collective lawsuit valued at up to 3 billion pounds ($3.7 billion) over allegations the social media giant abused its dominant position to monetise users' personal data.
-
Facebook Asks UK Tribunal to Block $3.7 Billion Mass Action Lawsuit Over Market Dominance
Facebook has asked a London tribunal to block a mass action lawsuit against the firm that alleges the social media firm monetised users' personal data by abusing its dominant market position. The mass action lawsuit claims users should get compensation for the economic value they would have received if Facebook was not in a dominant position in the...
-
Apple Now Valued More Than Alphabet, Amazon And Meta Combined: Report
Apple's earnings soared 8 percent on Friday after the release of its better-than-expected fourth-quarter report.
-
Meta Is On Brink Of Falling Out Of Top 20 Biggest US Stocks
Meta Platforms Inc. shareholders are paying dearly for its spending on the metaverse: The Facebook parent's market value has collapsed by a whopping $520 billion in the past year.
-
After Value Plummets, Facebook Takes Reels Global, Makes It Key Priority
Facebook is launching its short video feature Reels to more than 150 countries, its owner Meta Platforms said on Tuesday, in a move to expand its fastest growing content format.
-
Facebook-Parent Meta Says It Has No Plans to Quit Europe Over Data Transfer Spat
Facebook-parent Meta said it has no plans to pull its services from Europe, after raising the possibility amid an ongoing row over transferring European data to the United States.
