Meta defends $65bn AI spend after DeepSeek rise
Meta has defended its $65bn (£52bn) investment in artificial intelligence (AI) days after US tech stocks wobbled in the wake ...
Meta says end of fact-checking hasn’t impacted ad spend
Meta says its controversial decision to put an end to its fact-checking program hasn't impacted advertiser spend. On its Q4 ...
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Meta posts big profit, aims to take AI lead
Social media giant Meta on Wednesday reported surging profits and revenue for 2024, announcing ambitious plans to expand its ...
Meta posts sharply higher Q4 profit, revenue, topping Wall Street's expectations
Meta Platforms Inc. posted sharply higher profit and revenue for its fourth quarter on Wednesday, thanks to higher ad revenue on its social media properties, sending its shares up in after-hours ...
Fed rate decision, stock market updates: Dow, Nasdaq, S&P 500 slip, Nvidia falls as Fed leaves rates unchanged
The tech-heavy Nasdaq Composite ( ^IXIC) was down about 0.5%, retracing some of a bounce-back rally on Tuesday. The S&P 500 ( ...
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World’s richest billionaires lose $108bn after DeepSeek-triggered sell-off
The world’s 500 wealthiest individuals lost a combined $108 billion on Monday following a sell-off triggered by Chinese ...