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HomeMeta

Meta

Rare Bees
AI

Rare Bees Halt Zuckerberg’s Nuclear-Powered AI Dream

November 6, 2024 Mariel Alumit

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 […]

Data centers
Electrical Generation / Utilities

Data centers account for half of US clean energy procurement but only 20% in Europe: report

November 1, 2024 Mariel Alumit

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, […]

Meta
Press

Irish DPC fines Meta €91 million over password management lapse

September 27, 2024 Stu Turley

  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 […]

Meta
Press

EU Commission seeks details from Meta on data access and election monitoring

August 18, 2024 Stu Turley

  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 […]

Zero Edge

Dozens Of States Sue Meta For Sparking Youth Mental Health Crisis

October 24, 2023 Mariel Alumit

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 […]

Zero Edge

Meta Launches Data-Harvesting Twitter Clone, Immediately Starts Censoring

July 7, 2023 Mariel Alumit

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 […]

Operations Inside An Amazon Facility On Prime Day
Finance

Global Layoffs Extend Far Beyond Big Tech – Amazon takes the top spot, and energy only looses 3,700

March 21, 2023 Mariel Alumit

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 […]

Time
Investments

Meta, IBD Stock Of The Day, Aims For ‘Year Of Efficiency’ In A Tough Time

March 13, 2023 Mariel Alumit

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 […]

Finance

Single Greatest Wealth Loss In History: $100 Billion Zuck-Bucks Vaporized As Meta-Bet Bombs

October 27, 2022 Stu Turley

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 […]

Zero Edge

As META Plunges To Double-Digits, Wall Street Gives Up On Facebook

October 27, 2022 Mariel Alumit

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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