Meta Platforms (Facebook) Stock News

For years, Silicon Valley and Wall Street have questioned Mark Zuckerberg's decision to invest tens of billions of dollars into Reality Labs. This week, Meta's wearables division unveiled a prototype of its Orion smart glasses, a form factor the company believes one day could replace the iPhone.

Key elements from Meta Connect 2024 included a cheap VR headset, advancements in AI translation, a shift toward a luxury tech company, and Orion AR glasses. The company is building a distinct moat in AR and VR and is positioning itself to be the leader in AI models. Meta is paying now to be rewarded later. Management has to be careful not to create further issues with social disruption with VR ...

Meta's unveiling of its Orion augmented reality (AR) glasses at the Connect conference marks a significant leap in AR technology. Unlike virtual reality (VR) headsets, Orion offers a compact, lightweight alternative that overlays digital graphics onto the real world.

Apple and Microsoft are quite expensive for the growth they are delivering. Amazon Web Services are seeing a revival thanks to generative AI.

Meta is outperforming its "Magnificent Seven" peers. Meta AI is set to be the most used AI assistant by the end of the year.

Ireland's data protection watchdog fined Meta Platforms after the Facebook and Instagram owner stored passwords of some social media users on its internal systems without proper safeguards.

Meta Platforms Inc. (META) is a big-time player in social media, advertising, and now AI.

There's no evidence that the passwords were accessed by anyone, but Meta still broke European privacy rules.