The Social Media Victims Law Center accused the companies of creating addictive and dangerous platforms.

For capital expenditures, Meta narrowed its guidance for the year to between $130 billion and $145 billion from a prior range ...

Microsoft posted strong Azure and Copilot growth, while Meta missed revenue guidance forecasts as free cash flow plunged ...

Meta Platforms says its second-quarter profit declined even as revenue beat Wall Street’s expectations, as legal expenses and ...

Mark Zuckerberg said Meta intends to sell for the first time AI tools to other companies ...

Meta’s strongest quarter came with a $145 billion warning ...

Two of the biggest so-called AI hyperscalers reported earnings after the bell on Wednesday. Their share prices this morning ...

Meta's AI investments raise concerns as its stock drops 10%. Analysts question the strategy, while CEO Mark Zuckerberg sees ...

The Silicon Valley company’s costs rose more steeply than revenue growth, as it continues to invest heavily in artificial ...

Microsoft’s earnings jumped on strong Azure and AI demand while Meta’s stock fell as rising costs, weaker margins and unclear ...

Meta said in a securities filing that it had about $278.99 billion in operating and finance leases that were not yet included ...

The difference between the two is clear: AI spending is fine … as long as there is a direct and measurable return.