Meta, TikTok, YouTube Go to trial
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Even without considering valuation, Meta Platforms already looks like a better bet in the era of AI. Not only is its business already benefiting from AI, with accelerating revenue growth, but the company has contingency plans for what it can do with its AI compute power if a generational paradigm shift doesn't occur as Zuckerberg hopes it will.
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Meta trials paid subscriptions across its social media platforms
Meta announced Monday it will begin testing new paid subscription options across its major platforms in the coming months. Users will get access to enhanced features and artificial intelligence tools while basic services stay free.
Corning shares surged over 16% after Meta signed a multiyear deal worth up to $6B to supply optical connectivity for US data centers.
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Corning stock breaks out after striking fiber-optic cable deal with Meta Platforms
Corning stock jumped while Meta stock was slightly lower after the companies announced a $6 billion fiber-optic deal.
Corning (GLW) stock soared to record highs and is eyeing its best day since 2004 on its deal with Meta Platforms (META)
Meta attracted a positive note from a Wall Street analyst today.
Meta Platforms Inc. is launching a new infrastructure division called Meta Compute that will be tasked with overseeing its aggressive data center buildout for artificial intelligence.
Meta and other social media companies asked a U.S. judge to dismiss school district lawsuits accusing them of designing addictive platforms for children, arguing Section 230 protections apply, as the court weighs whether the cases can proceed to high-stakes bellwether trials.
Facebook parent Meta Platforms will pay Gorilla Glass maker Corning up to $6 billion over the next several years in a deal to provide fiber-optic cables for its AI data centers, the companies said on Tuesday.
Meta Platforms is set to test new subscription models across its apps, including Instagram, Facebook and WhatsApp in the coming months.