The Nasdaq Composite fell 3.1% on Monday, while AI leader Nvidia tumbled 17%. But the reality was, and is, far more complicated. DeepSeek didn’t replicate OpenAI’s ability by spending a few million dollars.
· 2d · on MSN
Meta to Pay Trump $25 Million to Settle 2021 Lawsuit Over His Facebook and Instagram Ban
After Jan. 6, Facebook Banned Trump. Now It's Giving Him $25 Million
Mark Zuckerberg said it was too risky to let Trump on his platform. But he's now cutting a check to stay in Trump's good graces and settle a lawsuit over his ban, the WSJ reports.
· 1d
Meta to Pay $25 Million to Settle Donald Trump's 2021 Lawsuit Over Capitol Riot Suspension
This month, Zuckerberg also announced that Meta will shut down its third-party fact-checking teams in an effort to “restore free expression” to its social media platforms. He justified the move by saying that many of the fact checkers had shown too much political bias and “destroyed more trust than they’ve created.”
Facebook app is not very popular among younger demographics. Nevertheless, CEO Mark Zuckerberg is looking to change that. Indeed, Zuckerberg wants to grow Facebook’s cultural influence with the help of video creators.
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big shareholders like Mark Zuckerberg, the Wall Street Journal reported Friday.
U.S. stocks fall on Friday after the White House says Canada, Mexico and China tariffs will start Saturday. Still, major indexes finish January ahead.
U.S. stocks ended lower on Friday, with indexes losing ground after the White House said U.S. President Donald Trump will implement on Saturday tariffs of 25% on Canadian and Mexican imports and 10% on Chinese goods.
Facebook and Instagram parent company Meta Platforms is reportedly in talks to relocate its corporate headquarters to Texas.
U.S. stocks rise as Meta leads gains, while investors digest mixed earnings reports and economic data. (AP/Seth Wenig) Meta Platforms rallies 4.4% after strong profit report and AI investment commitment,
Optimists looking for an encore performance from Wall Street were handsomely rewarded in 2024. Last year, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite all achieved multiple record-closing highs and ended higher by 13%, 23%, and 29%, respectively.
Asia markets are mostly higher on Friday following gains on Wall Street driven by Tesla, IBM and Meta Platforms after strong profit reports. U.S. futures and oil prices rose.
Meta overhauled its approach to US moderation on Tuesday, ditching fact-checking, announcing a plan to move its trust and safety teams, and perhaps most impactfully, updating its Hateful Conduct policy. As reported by Wired, a lot of text has been updated, added, or removed, but here are some of the changes that jumped out at us.
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