META

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About Meta Platforms Inc - Class A

Founded in 2004, Facebook's mission is to give people the power to build community and bring the world closer together. People use Facebook's apps and technologies to connect with friends and family, find communities and grow businesses.
CEO
Mark Zuckerberg
Employees
58604
Headquarters

1601 Willow Rd
Menlo Park, California 94025-1452
Phone: 16506187714
www.facebook.com

News

How a Small Iowa Newspaper''s Website Became an AI-Generated Clickbait Factory
Feb 26, 2024 12:00pm

When two former Meta employees dug into why the website of Iowa''s Clayton County Register was spewing dubious posts about stocks, they uncovered a network of sites slinging seemingly AI-made content.


Source:WIRED
The Art of Valuation: Discovering Meta Platforms Inc''s Intrinsic Value
Feb 26, 2024 11:00am

The Art of Valuation: Discovering Meta Platforms Inc''s Intrinsic Value


Source:GuruFocus
Aim High! Hit the AI Bull’s-Eye With META Stock.
Feb 26, 2024 11:00am

If you’re seeking exposure to the metaverse, plus the latest and greatest in artificial intelligence technology, consider adding some Meta Platforms (NASDAQ: META ) shares to your portfolio. Our META stock analysis indicates that, even after an impressive run in 2023, this year could be just as rewarding for patient shareholders. Maybe you’ve already heard about Meta Platforms’ excellent fourth-quarter 2023 financial results . Meta Platforms recently announced its first dividend . Clearly, the buyers are in the driver’s seat and the short-sellers are asking for trouble. Stick around and we’ll show you even more reasons Meta Platforms stock fully deserves an “A” grade. Meta Platforms Bolsters Its Board With an AI Authority Meta Platforms CEO Mark Zuckerberg has made it crystal clear that he’s “playing to win” in the field of AI. Meta Platforms is developing an in-house, AI-capable data-center chip , called “Artemis.” If you’re still not convinced that Meta Platforms and Zuckerberg are front-runners in the AI wars, then check this out.


Source:InvestorPlace
How Prepared Will Zuckerberg''s Meta Be For 2024 US Election? Its EU Parliament Poll Strategy May Set The Bar
Feb 26, 2024 10:33am

In anticipation of the European Union’s 2024 Parliament elections, Meta Platforms Inc. is enhancing its security measures and transparency tools. This could be a sign of how the Mark Zuckerberg -led company might deal with the US presidential election in November. What Happened : As revealed in a blog post on Monday, Meta has been gearing up for the EU Parliament elections by activating a dedicated team to create a customized strategy to maintain the integrity of these elections on their platforms. Meta has learned from over 200 global elections since 2016, the Digital Services Act’s regulatory framework, and their commitments in the EU Code of Practice on Disinformation. The company has invested over … Full story available on Benzinga.com


Source:Benzinga
Mark Zuckerberg''s Busy Asia Tour Reportedly Ranges From AI Talks With Samsung Chairman To Attending Indian Billionaire''s Son''s Pre-Wedding Celebrations
Feb 26, 2024 09:50am

Meta Platforms Inc. (NASDAQ: META ) CEO Mark Zuckerberg is set to embark on a busy week in Asia, with plans to visit Japan, South Korea, and India. His itinerary includes discussions on artificial intelligence and meetings with key figures in the region . What Happened: Zuckerberg, who has been in Japan for a family ski trip, will engage with Meta’s developers in Tokyo on Monday and Tuesday, reported Bloomberg, citing a spokesperson. The discussions will revolve around the company’s Quest virtual-reality headsets and its large language model Llama , a part of its efforts to compete with OpenAI’s ChatGPT . On Wednesday, Zuckerberg is scheduled to travel … Full story available on Benzinga.com


Source:Benzinga
Renewed AI Frenzy Leads Market To New High Overshadowing Negatives
Feb 23, 2024 18:36pm

To gain an edge, this is what you need to know today. Renewed AI Frenzy Please click here for an enlarged version of the chart of SPDR S&P 500 ETF Trust (ARCA:SPY) which represents the benchmark stock market index S&P 500 (SPX). Note the following: The chart shows that the stock market hit a new high. The new stock market high has been triggered by renewed AI frenzy after NVIDIA Corp (NASDAQ: NVDA ) earnings. The value of NVDA stock surged by a record $277B in one day. NVDA earnings sparked not only buying in the U.S. but also in stock markets across the globe. RSI on the chart shows that the stock market has room to run up. The chart shows a gap up on volume that was not heavy. This indicates lack of conviction. The AI frenzy is overshadowing all of the negatives. The two major negatives are the following: Interest rates are likely to stay higher for longer. Outside of AI, Wall Street’s earnings estimates are too high. In The Arora Report analysis, the probability is only about 30% of a Fed rate cut in May.


Source:Benzinga
Meta allowed parents to exploit their kids by having pedophiles pay to see them in bikinis on Instagram: report
Feb 23, 2024 16:45pm

To make matters worse, Meta''s algorithm-run recommendation systems were reportedly promoting child-modeling accounts to adults who posted pedophilic comments.


Source:New York Post
Meta Faces Flak for Child Exploitation via Subscription Tools on Facebook and Instagram
Feb 23, 2024 15:36pm

Meta Platforms Inc (NASDAQ: META ), the parent company of Facebook and Instagram, faced significant internal concerns last year regarding the misuse of new paid subscription tools on its platforms, particularly by adults exploiting children for profit. Internal teams at Meta discovered that numerous “parent-managed minor accounts” were selling exclusive content, often featuring young girls in bikinis and leotards, to predominantly male audiences displaying overt sexual interest . Despite the absence of nudity or illegal content, there was evidence that some parents were aware they were catering to adults’ sexual gratification, sometimes even engaging with subscribers’ sexual messages about their children, the Wall Street Journal Full story available on Benzinga.com


Source:Benzinga
R.I.P. the Magnificent 7 says analyst who coined the big-tech moniker. Here’s why.
Feb 23, 2024 11:42am

Meta and Nvidia deserve to be split from the other Mag 7 members says this analyst


Source:MarketWatch
Hot Stock in the Spotlight: Meta Platforms Inc (NASDAQ:META), Enbridge Inc (NYSE:ENB)
Feb 23, 2024 11:27am

META has seen its SMA50 which is now 24.55%. In looking the SMA 200 we see that the stock has seen a 51.77%. ENB has seen its SMA50 which is … The post Hot Stock in the Spotlight: Meta Platforms Inc (NASDAQ:META), Enbridge Inc (NYSE:ENB) appeared first on Stocks Equity .


Source:Stock Equity