Meta stock extends historic losing streak
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An update on the company’s AI spending plans and the shrinking of free cash flow to less than $1 billion heightened scrutiny on the cost of its infrastructure build-out.
Meta struggles with surging debt and heavy AI spending as Mark Zuckerberg turns to $12 billion in bond financing for a giant El Paso data center.
Mark Zuckerberg said Meta intends to sell for the first time AI tools to other companies
Meta said in a securities filing that it had about $278.99 billion in operating and finance leases that were not yet included on its balance sheet.
Meta Platforms says its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and severance costs for recent layoffs weighed on its results.
City Rep. Josh Acevedo wants to review Meta incentives after BlackRock bought a majority stake in the El Paso project.
Meta's AI investments raise concerns as its stock drops 10%. Analysts question the strategy, while CEO Mark Zuckerberg sees growth in AI technology.
A Times examination details how the Silicon Valley giant used private talks with local officials to start a project big enough to cover nearly six square miles.
Apple is likely to wait until WWDC 2027 to unveil its own take on smart glasses. That's in part because of additional work on privacy features, and other product safeguards, at a time when Meta's smart glasses are coming under fire.
By Munsif Vengattil NEW DELHI, July 31 (Reuters) - Police in the southern Indian city of Hyderabad have registered a case against the head of Meta India, Arun Srinivas, over multiple videos posted on the company's Facebook platform that depicted Prime Minister Narendra Modi in an "abusive manner,