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Artificial intelligence was a hot topic when companies addressed investors on their most recent earnings calls.
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore...
In the latest trading session, Meta Platforms (META) closed at $272.61, marking no change from the previous day.
Although Meta Platforms (NASDAQ: META) shares have been on an absolute tear in 2023, they are still down 31% from their all-time high (as of May 31). In 2022, Meta generated 98% of its revenue from digital advertising.
The VR market is accordingly getting more attention than it has in a while, but the question still lingers: What actually are we supposed to do with these headsets? Gaming, sure, but it's seemed to me that there isn't a must-have "hero" app for VR yet.
Apple is reportedly set to reveal its mixed reality headset at its annual WWDC. But Meta is already gearing up for battle, announcing its new Quest 3 VR headset this week. But the question remains: What are consumers supposed to do with these headsets? Yahoo Finance’s Allie Garfinkle tackles the virtual reality craze and the possible need for a “hero” app.
CSquared has selected ADTRAN's optical open optical transport technology to accelerate high-speed broadband deployment across Liberia.
Apple Inc is widely expected to announce a new headset that will blend video of the outside world with the virtual one at its annual software developer conference next week. Apple CEO Tim Cook and Meta Platforms Inc's CEO, Mark Zuckerberg, are jockeying to define how consumers will put to use a new generation of technology where real and digital worlds converge. Zuckerberg has laid out a vision of the "metaverse," a parallel digital universe where people will gather together to work and play, and has had products out for years.
Apple will host its WWDC event on June 5, and we're expecting a slew of announcements including its AR/VR headset.
A couple of years ago, Facebook parent Meta Platforms (NASDAQ: META) was a trillion-dollar company. Let's dig into why Meta has a good chance of clocking the compound annual growth rate of about 10.4% it needs in the next three years to become a trillion-dollar stock again. There are a few ways in which Meta Platforms is getting in on the act.
Among Meta Platforms (formerly Facebook), Apple, Amazon, Netflix, and Alphabet (formerly Google), there are two outperformers billionaire investors are piling into and one industry leader they're selling.
The testing period will run for several weeks, the social media giant said, adding that the minor percentage of Canadian users enrolled in testing will be notified if they attempt to share news content. The test comes in response to Canada's proposed "Online News Act". Introduced in April last year, the legislation would force platforms like Meta and Google parent Alphabet Inc to negotiate commercial deals and pay Canadian news publishers for their content.
A 2018 privacy lawsuit brought by Washington, D.C., against Facebook owner Meta Platforms Inc was dismissed on Thursday by a Superior Court judge, who ruled the firm did not mislead consumers over the Cambridge Analytica scandal. The lawsuit alleged violation of the district's consumer protection law. The social media firm drew global scrutiny in 2018 after disclosing that a third-party personality quiz distributed on Facebook gathered profile information on 87 million users worldwide and sold the data to British political consulting firm Cambridge Analytica.
(Bloomberg) -- Meta Platforms Inc. is asking employees assigned to an office to come in three times a week beginning in September, according to people familiar with the matter, joining a clampdown on remote work in the tech industry.Most Read from BloombergQatar Airways Plans for Future Without First Class on Long-HaulAmazon Is in Talks to Offer Free Mobile Service to US Prime MembersOPEC+ Latest: Negotiations Drag On Amid African ObjectionsUS Chides China Over Defense Talks as Navy Sails by Tai
Among the top stories from Thursday: Lululemon's first quarter results topped analyst estimates, sending shares soaring after-hours. Meanwhile, Meta has unveiled its latest VR headset. The Quest 3 will be available this fall and will cost $499. Finally, some dating app users are doing something different to attract dates: posting their credit scores. The Yahoo Finance Live team debates whether or not it's a good idea.
Shares of Meta Platforms (NASDAQ: META) were moving higher today as investors responded favorably to the Facebook parent's launch of its new Quest 3 mixed reality (MR) headset, which comes just days ahead of Apple's (NASDAQ: AAPL) expected reveal of its own MR headset. As a result, Meta stock was up 3.4% as of 2:08 p.m. ET on Thursday on the news. In an Instagram post, CEO Mark Zuckerberg announced the highly anticipated device.
New version of headset is slimmer and faster, Meta says – just as Apple rumoured to launch its own competitor
Meta debuted its Quest 3 headset just days before Apple is expected to launch its own AR/VR headset.
Meta Platforms CEO Mark Zuckerberg on Thursday revealed the company's next generation mixed reality headset, the Quest 3, as the company braces for Apple to potentially reshape a nascent market that Meta has dominated so far. Priced starting at $499, the device will be 40% thinner than the company's previous headset and feature color mixed reality, which combines augmented and virtual reality (AR/VR) elements, Zuckerberg said in an Instagram post ahead of Meta's annual gaming conference. Meta also said it would lower the prices of its existing Quest 2 headsets, while adding performance upgrades to those devices aimed at delivering a smoother user experience.
Don't jump to conclusions just because the metaverse isn't quite the priority it used to be for Facebook parent Meta.
The New York Times Company (NYT) expects second-quarter 2023 subscription revenues to increase about 6-8%.
Today, only five companies have market capitalizations above the $1 trillion market -- Apple, Microsoft, Saudi Aramco, Alphabet, and Amazon. If you're looking for worthwhile investment opportunities in mega-cap companies with promising AI opportunities, read on to see why Taiwan Semiconductor Manufacturing (NYSE: TSM) and Meta Platforms (NASDAQ: META) both have strong odds of crossing the $1 trillion-valuation threshold by 2030. Keith Noonan: Taiwan Semiconductor Manufacturing, also known as "TSMC," is a pure-play chip fabrication business.
A Russian court on Thursday fined messenger service WhatsApp three million roubles ($37,080) for not deleting banned content, its first fine in Russia for that offence. WhatsApp's parent company Meta Platforms Inc was branded an "extremist" organisation by Moscow last year, but the messenger app - which is widely popular in Russia - has not previously faced penalties for failing to remove prohibited information. Other Meta services, Facebook and Instagram - now banned in Russia - have been fined over content, as have the likes of Twitter and Alphabet's Google.
Along with Nvidia (NVDA), Meta Platforms (META) currently stands out among the rare list of stocks to have hit a trillion-dollar market cap on U.S. stock exchanges.
Meta executives outlined their future plans at the company's annual shareholder meeting. Leadership stressed their commitment to cost-cutting, the plans to further develop the metaverse, its share structure, and even the company's role in society. Yahoo Finance tech reporter Allie Garfinkle breaks down what this could all mean for the future of the stock.