Sources: Meta offered $450M in late March to settle the FTC's antitrust case and raised its offer to ~$1B as the trial neared; the FTC had demanded $30B
The FTC wanted $30 billion to drop its case. Zuckerberg offered much less and hoped Trump would back him up.
FTC v. Meta: in an email, Mark Zuckerberg considered spinning off Instagram in 2018 as he increasingly became concerned that its success was hurting Facebook
meaning show people more ads — as a way to make more money and take some pressure off Facebook — Perhaps not surprisingly, IG's founders left the company a few months after all o...
Mark Zuckerberg says Meta is planning to invest $60B to $65B in capex in 2025, will end the year with 1.3M+ GPUs, and plans to grow its AI teams “significantly”
Market: WE LOVE AI, DO AI THING — META: Sure thing, ploughing $40bn into capex this year — Market: wait not like that — First time we've seen a negative market reaction to th...
Meta begins a “limited, early test” of ads in Threads in the US and Japan, with the goal of making the ads “as interesting as organic content”
Threads is officially getting ads — https://www.theverge.com/... #Threads #Meta #Ads #SocialMedia #Tech — [image] Threads: Adam Mosseri / @mosseri : We're starting a small tes...
Zuckerberg says there's a “bogus narrative saying I blamed Sheryl for a bunch of stuff” and he was just addressing the origin of “bring your whole self to work”
Well, specifically, they want me to know. — On Thursday, The New York Times published a lengthy story …
Mark Zuckerberg says Threads now has 100M+ DAUs, revealing its DAU figure for the first time, and 300M+ MAUs, up from 275M+ MAUs in November 2024
It's a notable milestone not just because it's a big number; it's also the first time Meta has a daily active user figure publicly.
TikTok users shouldn't count on Trump to save the app, as his stance has been inconsistent and the app's existence brings little upside for him post-election
One of Trump's first important decisions could be to deprive Gen Z of its favorite app. — A federal appeals court ruling …
TikTok still faces a US ban if not sold by January 19, after a federal appeals court ruled that Congress has the power to take action to protect US interests
Divest-or-Sell Order Slated to Go Into Effect Next Month Forbes : Sources: Tim Cook and senior Apple execs have been discussing how best to respond to potential TikTok ban, concedi...
TikTok still faces a US ban if not sold by January 19, after a federal appeals court ruled that Congress has the power to take action to protect US interests
Panel rules Congress has the power to shut down Chinese-backed app in the U.S. because of national security concerns
Meta confirms it has made Llama models available for US national security applications, with partners like Anduril, Booz Allen, and Lockheed Martin using Llama
Kyle Wiggers / TechCrunch :
Meta confirms it has made Llama models available for US national security applications, with partners like Anduril, Booz Allen, and Lockheed Martin using Llama
Kyle Wiggers / TechCrunch :
Meta confirms it has made Llama models available for US national security applications, with partners like Anduril, Booz Allen, and Lockheed Martin using Llama
Kyle Wiggers / TechCrunch :
Meta reports Q3 revenue up 19% YoY to $40.59B, net income up 35% YoY to $15.69B, and family daily active people up 5% YoY to 3.29B on average for September 2024
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended September 30, 2024.
Mark Zuckerberg says Threads has almost 275M MAUs and is adding more than a million sign ups per day, while Meta AI has passed 500M MAUs in less than a year
RE: https://www.threads.net/... Kurt Wagner / @kurtwag8 : Threads Monthly users: April - 150m July - 175m Aug - 200m Oct - “almost” 275m That's a lot of growth in one year (even if...
Memo: a US arbitrator awards a full severance package to a former Twitter employee who was laid off when Musk took over, a possible precedent for 2K+ complaints
Elon Musk lost a legal fight over unpaid severance to a former Twitter employee who was laid off when he took over the social media platform …
Memo: a US arbitrator awards a full severance package to a former Twitter employee who was laid off when Musk took over, a possible precedent for 2K+ complaints
Elon Musk lost a legal fight over unpaid severance to a former Twitter employee who was laid off when he took over the social media platform …
A profile of Li-Chen Miller, Meta VP of product for wearables and a former Microsoft CVP; IDC says Meta has shipped 700K+ Ray-Ban units after the 2023 launch
Bloomberg :
Trump says Zuckerberg called him after the assassination attempt and told Trump he wouldn't endorse a Democrat because he “respected” Trump's reaction that day
Former President Donald Trump has expressed a newfound fondness for Mark Zuckerberg after years of railing against him.
Meta reports Q2 revenue up 22% YoY to $39B, net income up 73% to $13.5B, and family daily active people up 7% to 3.27B on average for June 2024; META jumps 5%+
Meta Platforms, Inc. (Nasdaq: META) today reported financial results for the quarter ended June 30, 2024.
Meta says it will soon roll back restrictions on Donald Trump's Instagram and Facebook accounts to ensure parity among candidates ahead of the 2024 election
It's making the change to ensure parity among presidential candidates leading up to the 2024 election More on @axios https://www.axios.com/... Forums: r/technology : Exclusive: Met...