Tags: Meta
Apple Spends Less on AI Than Rivals; Investors Worried About Sales
Despite rivals investing heavily in AI-focused infrastructure, Apple, emphasizing hardware sales, maintains a lower capital expenditure, raising concerns about its sales and competitiveness.
EU Launches Investigation Against Meta Platforms Over Suspected Election Interference, Foreign Disinformation
The EU is preparing to initiate formal procedures against Meta, the company of Facebook and Instagram, over concerns that it is not doing enough to combat Russian disinformation ahead of the EU elections in June.
Mark Zuckerberg's Net Worth Takes a $22 Billion Hit as Meta Stock Dives
Mark Zuckerberg's fortune dropped by $22 billion in a single day, marking it as the fourth-largest billionaire decrease recorded by the Bloomberg Billionaires Index.
Mark Zuckerberg Wants Investors to Wait for Their Long Term AI Vision Following Decline in Stock
Mark Zuckerberg seeks investor patience as Meta continuously pushes for AI projects, despite warnings and premarket stock decline fueled by increased spending and slower sales growth.