Meta Reports Strong Earnings: Stock Surges on Positive Revenue Surprise

Meta Platforms Inc. has reported its latest earnings, showcasing revenue figures that exceeded industry expectations, prompting a notable surge in its stock prices. The financial results reflect robust performance amid increasing investments in technology and digital advertising, bolstering investor confidence in the social media giant’s future growth trajectory.

Meta Braces for Layoffs While Expanding Machine Learning Operations

Meta Platforms Inc., led by CEO Mark Zuckerberg, is set to implement major layoffs next week, marking a pivotal shift in its workforce strategy. Simultaneously, the company is accelerating its hiring of machine learning engineers, signaling an intensified focus on artificial intelligence as part of its strategic objectives.

Zuckerberg Justifies Meta’s AI Investment Amidst DeepSeek’s Growth

Meta CEO Mark Zuckerberg defended the company’s $65 billion investment in artificial intelligence (AI) during a recent earnings call, citing the significant progress made by Meta’s AI research division, particularly in the development of its large language model, DeepSeek. Zuckerberg emphasized the importance of AI for Meta’s future, stating that it will be instrumental in enhancing user experiences and driving innovation across its platforms.

Zuckerberg Defends Meta’s AI Investment Amid Market Shifts

Meta CEO Mark Zuckerberg has defended the company’s significant investment in artificial intelligence (AI) following the rise of DeepSeek, a competing AI technology. Zuckerberg highlighted the long-term potential of Meta’s AI efforts and the company’s commitment to innovation.

Trump and Meta Reach Settlement Agreement, Source Confirms

A settlement agreement has been reached between former U.S. President Donald Trump and Meta, the parent company of Facebook and Instagram, according to a source familiar with the matter. The specific details of the agreement have not been publicly disclosed. This settlement concludes legal proceedings that have been ongoing between the parties.

Trump and Meta Reach Settlement Agreement, Source Confirms

A source familiar with the matter has confirmed that former President Donald Trump and Meta, the parent company of Facebook and Instagram, have reached a settlement agreement. The details of the settlement have not been publicly disclosed, but it resolves a dispute between the two parties. Further information is expected to be released in the coming days.