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Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg has revealed that over 50% of the content on Instagram and 30% of posts on Facebook are now recommended by artificial intelligence. What Happened: Zuckerberg made this revelation during Meta’s first-quarter financial results announcement...

Social media and technology company Meta Platforms (NASDAQ:META) reported first-quarter financial results after the market close Wednesday. Here are the key highlights. What Happened: Meta reported first-quarter revenue of $36.45 billion, which was up 27% year-over-year. The revenue came in ahead...

Meta Platforms Inc. (NASDAQ:META) has set a goal of buying 350,000 Nvidia Corp. (NASDAQ:NVDA) H100 GPUs by 2024 to power its AI ambitions, but that was not Mark Zuckerberg's original intention. What Happened: Zuckerberg revealed that Meta's massive $1 billion bet on Nvidia's H100 GPUs was...

Tech billionaire and X owner Elon Musk really does not like Instagram Reels posted on his social media platform because of the "annoying" logo in the videos. What Happened: Musk expressed his dislike for Instagram yet again, reacting to a reel posted by a user on X, formerly Twitter. "That annoying...

Mark Zuckerberg has shared a viral video of him with a mustache and a beard. Alas! It wasn't real, but a photoshopped version.  What Happened: The Meta Platforms CEO posted the video after the internet started sharing a picture of him with facial hair — contrasting his usual clean-shaven...

Wedbush analysts believe that while Microsoft Corp. (NASDAQ:MSFT) and Oracle Corp. (NYSE:ORCL) could be the "likely buyers" of social media platform TikTok, Meta Platforms Inc.'s (NASDAQ:META) Mark Zuckerberg and Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Sundar Pichai could emerge as the real...

Amid ongoing scrutiny over social media’s impact on youth, a recent court decision has brought some relief to Meta Platforms (NASDAQ:META) CEO Mark Zuckerberg. What Happened: On Monday, a judge partially dismissed claims against Zuckerberg in a series of lawsuits that charged him with...

Tesla and SpaceX CEO Elon Musk has once again taken a jab at Meta Platforms Inc.’s (NASDAQ:META) advertising system as reports about advertisers complaining about glitches surfaced. What Happened: On Wednesday, in response to a user’s post on X, formerly Twitter, Musk likened...

Twelve years ago today, social media company Facebook, which is now known as Meta Platforms Inc (NASDAQ:META) announced a $1 billion acquisition of mobile photo-sharing app Instagram. The acquisition happened shortly before the company's IPO and was criticized due to its massive price tag for a...

Meta Platforms Inc. CEO Mark Zuckerberg made a big bet by acquiring photo-sharing service Instagram for $1 billion exactly 12 years ago. The acquisition was expensive at the time – it was announced days after Instagram raised funds at a valuation of $500 million. However, Zuckerberg's bet (at the...

Meta Platforms Inc (NASDAQ:META) has announced a significant policy shift regarding manipulated media on its platforms. The company will now be introducing labels for AI-generated content on Facebook, Instagram, and Threads. What Happened: Meta’s new policy, announced on Friday, is a response...

Tesla CEO Elon Musk criticized the recent Facebook, Instagram, and WhatsApp outage, attributing it to the platforms being “distracted selling their user’s data.” What Happened: Musk, in a post on Thursday, pointed out the irony of the outage, saying, “Hard to keep the...

In a significant move for digital creators, Meta Platforms Inc. (NASDAQ:META)’s Instagram is reportedly bringing back its cash bonus program, now extending monetization opportunities to include photo content. This development is poised to impact the creator economy and intensify the platform...

Tech billionaire Elon Musk has alleged that Meta Platforms Inc. (NASDAQ:META) “falsely” took credit for sales that originated from his social media platform, X, formerly Twitter. What Happened: Musk made the allegations in a post on Friday after advertisers filed a $7 billion lawsuit...

Tesla Inc. seems to have initiated paid advertising on Instagram, marking its second promotional venture on a Meta Platforms Inc.-owned social media platform within less than a few days of commencing the same on Facebook. What Happened: Tesla investor and influencer Sawyer...