Meta’s plans to build a nuclear-powered AI data center were scrapped due to the discovery of rare bees at the proposed site. The incident highlights the growing tension between Big Tech’s increasing demand for energy […]
The rising energy demands of global data centers are driving shifts toward renewable power sourcing with US data centers accounting for half of total US corporate clean energy procurement, but only around 20% in Europe, […]
The Irish Data Protection Commission (DPC) fined Meta €91 million for “inadvertently” storing user passwords without cryptographic protection or encryption, closing a five-year-old case, according to a Friday press release. The DPC investigation started […]
The European Commission sent a request for information to Meta under the Digital Services Act (DSA) on Friday (16 August), seeking details on compliance with data access and election monitoring requirements. A request for […]
New York Attorney General Letitia James and a bipartisan coalition of 32 attorneys general sued Meta Platforms and its Instagram unit on Tuesday in federal court, accusing the social media company of contributing to the mental health […]
Meta claims that over 10 million people had signed up for its Twitter competitor, Threads, in what CEO Mark Zuckerberg framed as a “friendly” alternative to the little blue bird. “Let’s do this. Welcome […]
Massive cuts at tech giants like Meta and Microsoft dominate headlines, but don’t tell the whole story. The collapse of Silicon Valley Bank has sent shockwaves through an economy already shaken by mass layoffs and […]
Meta Platforms Meta Platforms META $ 179.51 $2.18 1.2% 22% IBD Stock Analysis Meta stock is holding up well in a weak, volatile market Forming a flat base with 197.26 buy point A move above […]
Mark Zuckerberg’s social media empire is collapsing after Meta shares crashed 24.5% from Wednesday’s close, sliding to the 98-handle late in the Thursday cash session, after dismal third-quarter earnings. Today’s crash is the second-largest drop […]
META shares are down a stunning 23% from Tuesday’s close after last night’s earnings signals Zuckerberg’s ‘Reality Labs’ moneypit is growing with the second straight quarter of revenue declines from the year earlier (after the […]
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