Tag #Meta

Showing 253 to 264 of 272 results

euronews.com

🌐 85% Global Worthiness

Dec 13, 20:05

Amazon to Donate $2 Million to Trump's Inauguration

Amazon will donate $2 million to President-elect Trump's inauguration, including a $1 million cash donation and a $1 million in-kind donation for streaming the event on Prime Video; this follows a similar $1 million donation from Meta and reflects shifting relationships between tech giants and Trump...

Amazon to Donate $2 Million to Trump's Inauguration

Amazon will donate $2 million to President-elect Trump's inauguration, including a $1 million cash donation and a $1 million in-kind donation for streaming the event on Prime Video; this follows a similar $1 million donation from Meta and reflects shifting relationships between tech giants and Trump...

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How do Amazon and Meta's donations reflect the evolving relationship between tech companies and the Trump administration?

These donations, particularly Amazon's substantial increase from its 2017 contribution, signal a shift in relations between tech giants and Trump after periods of conflict. Both Amazon and Meta's contributions follow recent meetings between their CEOs and Trump.

dailymail.co.uk

🌐 85% Global Worthiness

Dec 12, 10:10

Meta Donates \$1 Million to Trump's Inaugural Fund

Meta Platforms donated \$1 million to Donald Trump's inaugural fund, marking a significant shift from its previous policy and past criticisms of Trump; this followed a meeting between Zuckerberg and Trump, sparking speculation about their changing relationship and future impacts on political discour...

Meta Donates \$1 Million to Trump's Inaugural Fund

Meta Platforms donated \$1 million to Donald Trump's inaugural fund, marking a significant shift from its previous policy and past criticisms of Trump; this followed a meeting between Zuckerberg and Trump, sparking speculation about their changing relationship and future impacts on political discour...

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How does this donation relate to broader patterns of interactions between technology companies and political leaders?

The donation is part of a broader pattern of shifting relationships between technology companies and political figures. Zuckerberg's actions appear to be a strategic move to improve relations with the incoming administration after prior conflicts. This reflects a growing trend of tech companies prioritizing political pragmatism over ideological consistency.

theguardian.com

🌐 85% Global Worthiness

Dec 11, 16:09

Australia to Force Big Tech to Pay News Publishers

The Albanese government will introduce a new scheme to force big tech companies such as Meta to pay Australian news publishers for their content, imposing penalties for non-compliance and addressing concerns about the sustainability of the Australian news industry.

Australia to Force Big Tech to Pay News Publishers

The Albanese government will introduce a new scheme to force big tech companies such as Meta to pay Australian news publishers for their content, imposing penalties for non-compliance and addressing concerns about the sustainability of the Australian news industry.

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44% Bias Score

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Decent Work and Economic Growth

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What specific measures will the new Australian scheme employ to ensure tech companies continue paying news publishers?

The Australian government will implement a new scheme to compel major tech companies, such as Meta, to continue paying Australian news publishers for their content. This follows Meta's decision to cease payments after existing agreements expired, potentially impacting the financial stability of Australian news outlets. The new scheme is designed to address this imbalance by imposing penalties on tech companies that refuse to negotiate fair deals.

forbes.com

🌐 85% Global Worthiness

Dec 10, 19:06

Meta Stock Soars 83% Amidst TikTok Ban Uncertainty

Meta Platforms' stock price has risen 83% since early 2022 due to a 54% increase in earnings to $21.17 per share and a 19% rise in its P/E ratio, fueled by increased ad revenue and a potential TikTok ban in the U.S., despite a recent emergency motion by ByteDance.

Meta Stock Soars 83% Amidst TikTok Ban Uncertainty

Meta Platforms' stock price has risen 83% since early 2022 due to a 54% increase in earnings to $21.17 per share and a 19% rise in its P/E ratio, fueled by increased ad revenue and a potential TikTok ban in the U.S., despite a recent emergency motion by ByteDance.

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What are the key risks and uncertainties that could impact Meta's future growth and valuation?

Despite Meta's strong performance, its valuation at $615 per share appears fully valued, based on a Trefis estimate of $560. The current P/E ratio of 29x exceeds its four-year average of 22x. Uncertainties around AI's impact on future earnings growth and macroeconomic factors introduce risk, potentially leading to underperformance.

theguardian.com

🌐 75% Global Worthiness

Dec 8, 16:08

Facebook UK Cuts 700 Jobs, Reduces Tax Bill Amidst Global Restructuring

Facebook's UK branch cut 700 jobs in 2023, costing £79m, reducing its tax bill to 12% of pre-tax profits, after a global revenue decline forced cost-cutting measures by parent company Meta.

Facebook UK Cuts 700 Jobs, Reduces Tax Bill Amidst Global Restructuring

Facebook's UK branch cut 700 jobs in 2023, costing £79m, reducing its tax bill to 12% of pre-tax profits, after a global revenue decline forced cost-cutting measures by parent company Meta.

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52% Bias Score

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Decent Work and Economic Growth

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What were the immediate consequences of Meta's cost-cutting measures in the UK, and what is their global significance?

Facebook's UK branch cut 700 jobs (10% of its workforce) in 2023, costing £79m, as part of a global cost-cutting measure following a revenue decline. This resulted in a reduced UK tax bill to 12% of pre-tax profits. The cuts disproportionately affected sales, administration, and marketing teams.

cnbc.com

🌐 75% Global Worthiness

Dec 7, 19:06

Meta's Metaverse Gamble: $58 Billion in Losses and Waning Public Interest

Meta's 2021 rebranding to focus on the metaverse, involving significant investment in VR and AR technologies like Horizon Worlds, resulted in lower-than-expected user adoption and $58 billion in operating losses since 2020, despite some success in AR.

Meta's Metaverse Gamble: $58 Billion in Losses and Waning Public Interest

Meta's 2021 rebranding to focus on the metaverse, involving significant investment in VR and AR technologies like Horizon Worlds, resulted in lower-than-expected user adoption and $58 billion in operating losses since 2020, despite some success in AR.

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48% Bias Score

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Industry, Innovation, and Infrastructure

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What were the immediate impacts and changes resulting from Meta's rebranding and metaverse investment?

In October 2021, Facebook rebranded as Meta, aiming to expand beyond its social media platform and capitalize on the growing metaverse market. This involved significant investment in virtual reality (VR) technology and the launch of Horizon Worlds, a VR platform.

cnn.com

🌐 85% Global Worthiness

Dec 12, 10:10

Meta Donates $1 Million to Trump's Inaugural Fund

Meta donated $1 million to President-elect Trump's inaugural fund, reversing its prior ban of Trump from its platforms; this follows a private meeting between Meta CEO Mark Zuckerberg and Trump and suggests Meta is seeking influence in the incoming administration.

Meta Donates $1 Million to Trump's Inaugural Fund

Meta donated $1 million to President-elect Trump's inaugural fund, reversing its prior ban of Trump from its platforms; this follows a private meeting between Meta CEO Mark Zuckerberg and Trump and suggests Meta is seeking influence in the incoming administration.

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How does this donation relate to Zuckerberg's previous statements and actions concerning Trump?

This action reflects a shift in Meta's relationship with Trump, contrasting with previous criticisms and the platform ban. Zuckerberg's comments praising Trump's response to a hypothetical assassination attempt also highlight this evolving relationship. The donation and meeting suggest a strategic effort by Meta to influence tech policy under the Trump administration.

theguardian.com

🌐 85% Global Worthiness

Dec 12, 19:12

Meta Donates $1 Million to Trump's Inaugural Fund

Meta donated $1 million to Donald Trump's inaugural fund, marking a significant shift after years of strained relations, including accusations of censorship and account suspensions, culminating in recent meetings and phone calls between Mark Zuckerberg and Donald Trump.

Meta Donates $1 Million to Trump's Inaugural Fund

Meta donated $1 million to Donald Trump's inaugural fund, marking a significant shift after years of strained relations, including accusations of censorship and account suspensions, culminating in recent meetings and phone calls between Mark Zuckerberg and Donald Trump.

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What is the significance of Meta's $1 million donation to Donald Trump's inaugural fund, considering their past contentious relationship?

Meta, Facebook's parent company, donated $1 million to Donald Trump's inaugural fund. This follows a period of strained relations, including Trump's accusations of censorship and Meta's suspension of his account. The donation suggests a potential shift in their relationship.

forbes.com

🌐 85% Global Worthiness

Dec 10, 16:13

Social Media's Detrimental Impact on Children's Mental Health

Studies show excessive social media use significantly increases the risk of anxiety, depression, and loneliness in kids and teens, with internal documents from TikTok and Meta revealing that companies prioritized user engagement despite knowing the mental health risks.

Social Media's Detrimental Impact on Children's Mental Health

Studies show excessive social media use significantly increases the risk of anxiety, depression, and loneliness in kids and teens, with internal documents from TikTok and Meta revealing that companies prioritized user engagement despite knowing the mental health risks.

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64% Bias Score

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Good Health and Well-being

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How do the design and algorithms of social media platforms contribute to addictive behaviors and the amplification of negative mental health effects in young users?

The Surgeon General's 2023 advisory highlights widespread negative mental health effects from excessive social media use among youth (95% of 13-17-year-olds use it, many constantly). Internal documents from TikTok and Meta reveal a purposeful design prioritizing user engagement, even at the cost of documented harm to children's mental health.

cnbc.com

🌐 85% Global Worthiness

Dec 9, 19:09

Market Dip Follows Record High; China's Policy, Nvidia Investigation, and TikTok Ban Weigh on Tech Stocks

Monday's market saw a downturn following a record-breaking week, with Applovin falling 15% after being excluded from the S&P 500, while China's economic policy announcements and an Nvidia investigation created uncertainty, and a pending TikTok ban decision impacted Meta and Alphabet.

Market Dip Follows Record High; China's Policy, Nvidia Investigation, and TikTok Ban Weigh on Tech Stocks

Monday's market saw a downturn following a record-breaking week, with Applovin falling 15% after being excluded from the S&P 500, while China's economic policy announcements and an Nvidia investigation created uncertainty, and a pending TikTok ban decision impacted Meta and Alphabet.

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What were the immediate market reactions to Friday's record high, and how did specific stocks reflect this?

On Monday, Wall Street experienced a downturn following a record-high close on Friday. Applovin's stock, a high-flyer, dropped over 15% after failing to be added to the S&P 500, despite a 750% year-to-date increase. This decline reflects potential profit-taking in high-growth tech stocks.

foxnews.com

🌐 85% Global Worthiness

Dec 7, 16:08

Tech Leaders Align with Trump on AI; LA Times Unveils AI Bias Meter

OpenAI CEO Sam Altman anticipates collaboration with the Trump administration on AI infrastructure, while Meta invests $10 billion in a Louisiana data center and the LA Times develops an AI-powered bias meter.

Tech Leaders Align with Trump on AI; LA Times Unveils AI Bias Meter

OpenAI CEO Sam Altman anticipates collaboration with the Trump administration on AI infrastructure, while Meta invests $10 billion in a Louisiana data center and the LA Times develops an AI-powered bias meter.

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Industry, Innovation, and Infrastructure

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What are the immediate implications of the converging interests of tech companies, the incoming Trump administration, and efforts to improve media objectivity using AI?

Sam Altman, OpenAI CEO, expressed optimism about collaborating with the incoming Trump administration on AI infrastructure development. Meta announced a $10 billion AI data center in Louisiana, and the LA Times plans an AI-powered bias meter for its content. These developments highlight significant investments in AI infrastructure and efforts to enhance journalistic objectivity.

bbc.com

🌐 85% Global Worthiness

Dec 6, 10:07

Musk's X Ownership Raises Concerns About Political Influence in US

Nick Clegg, Meta's president of global affairs, warned that Elon Musk's control over X could turn him into a major political player in the US, potentially influencing elections and administration formation, contrasting this with Meta's approach to content moderation which prioritizes balancing free ...

Musk's X Ownership Raises Concerns About Political Influence in US

Nick Clegg, Meta's president of global affairs, warned that Elon Musk's control over X could turn him into a major political player in the US, potentially influencing elections and administration formation, contrasting this with Meta's approach to content moderation which prioritizes balancing free ...

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Peace, Justice, and Strong Institutions

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How does Elon Musk's ownership of X and his political stances threaten democratic processes in the US?

Nick Clegg, Meta's president for global affairs, expressed concern that Elon Musk's influence on X (formerly Twitter) could turn him into a powerful political force in the US, potentially impacting elections and the formation of administrations. Musk's actions on X, characterized as "hyper-partisan," raise questions about his intentions and the platform's role in shaping public discourse.

Showing 253 to 264 of 272 results