Analysts positive on Meta's AI potential after attending 'Connect' conference
Wall Street analysts have expressed positive comments regarding Meta Platforms (NASDAQ:META) following the firm’s annual “Connect” developers conference. During the...
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Meta Platforms News & Analysis
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U.S. futures inch lower, Micron forecasts wider loss - what's moving markets
Investing.com -- U.S. stock futures hint at a lower open, as the main indices on Wall Street are on track to post their worst month of 2023. Meanwhile, Micron Technology (NASDAQ:MU) shares...
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Meta unveils mixed reality headset Quest 3, new smart glasses
San Francisco, Sep 28 (IANS) Meta (NASDAQ:META) has launched a new mixed reality (MR) headset called Quest 3 with a 30 per cent enhancement in visual resolution and 40 per cent louder audio...
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Facebook Needs to Continue Covering Meta's Expensive Quest
New mixed-reality headset and AI tools will keep costs high—raising pressure for ad growth.
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Meta unveils Facebook-stream Ray-Bans, AI assistant
Meta Platforms Chief Executive Mark Zuckerberg on Wednesday rolled out a new generation of Ray-Ban smart glasses that can stream directly on Facebook, as well as new AI products for...
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Google, Facebook, Edtech companies may have to pay up to 18% IGST
As per a notification issued by the Central Board of Indirect Taxes and Customs these services will no longer be exempted from integrated goods and services Tax (IGST). "This will cover...
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Guggenheim maintains Meta Platforms at 'buy' with a price target of $380.00
An analyst from Guggenheim maintained Meta Platforms (NASDAQ: META) at 'buy' with a price target of $380.00 from a prior price target of %currency%%price%. Prior to this rating, Meta...
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Threads users to soon delete their accounts without affecting Instagram profiles
San Francisco, Sep 27 (IANS) Meta is preparing to allow Threads users to delete their accounts without affecting their Instagram profiles by December.Currently, there is no way for Threads...
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26-yr-old tech CEO found dead in her Baltimore apartment
New York, Sep 27 (IANS) A female tech CEO who appeared on the Forbes 30 under 30 list has been found dead in her Baltimore apartment with blunt-force trauma after being reported missing,...
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US sues Amazon for breaking antitrust law and harming consumers
The lawsuit had been expected after years of complaints that Amazon.com and other tech giants abused their dominance of search, social media and online retailing to become gate keepers on...
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Market uncertainty looms as government shutdown threat and economic data releases approach
Investors are bracing for a challenging week ahead, given the recent retreat of the S&P 500 and Nasdaq Composite indices, potential government shutdown, key economic data releases, and the...
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Meta gears up to launch dozens of AI chatbots for younger users
San Francisco, Sep 25 (IANS) Meta is reportedly working on generative AI chatbot called ‘Gen AI Personas’ for younger users and is expected to unveil it this week.The social networking...
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US auto strike spreads to 38 GM, Stellantis NV parts distribution centers
Chicago, Sep 23 (IANS) The United Auto Workers (UAW) has expanded its strike against the big three US automakers to 38 General Motors Co (NYSE:GM). and Stellantis NV parts distribution...
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M&As in the time of digital economy
Earlier this month, CCI released draft regulations on combination for public consultations, seeking comments till September 25. This is the first such upgradation in combination regulations...
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Meta Platforms stock to surge on advertising resurgence and AI investment: Citi analyst
Meta Platforms (NASDAQ:META), the social media heavyweight, is projected to witness a significant surge in stock value over the next quarter, according to Citi analyst Ronald Josey's...
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Investors May Shift Focus to Energy Sector Amid Steady Interest Rates
Following the Federal Reserve's decision on Friday to maintain steady interest rates, with potential for future hikes within the year, investors are reassessing their financial strategies....
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Trudeau's survival as PM depends on ardent Khalistan supporter
New Delhi, Sep 22 (IANS) Whether on the 2020 farmers' protests, the arrest of Khalistani preacher Amritpal Singh, or the recent diplomatic row over Khalistan backer Hardeep Singh Nijjar's...
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Pinterest forecasts revenue growth acceleration amid challenging advertising sector
In a recent Investor Day presentation, Pinterest (NYSE:PINS), the advertising-reliant platform, projected an optimistic outlook for its business, despite the ongoing challenges in the...
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Threads adds switch between multiple profiles feature on mobile
San Francisco, Sep 22 (IANS) Meta's Twitter (now X) rival Threads has added a feature that will let users switch between multiple accounts without logging out on its mobile app."Starting...
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Citi says Meta shares to rally in near term on share gains, upcoming AI event
Citi analysts reiterated a Buy rating and a Top Pick designation in the internet sector on Meta Platforms (NASDAQ:META). Moreover, a 90-day Positive Catalyst Watch has been opened on META...
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Citi Reiterates Top Pick on Meta , Opens Upside Catalyst Watch, 'we expect to hear more details around Meta’s GenAI plans'
(Updated - September 22, 2023 6:29 AM EDT) Citi analyst reiterated a Buy rating and $385.00 price target on Meta Platforms Inc. (NASDAQ:META).The analyst comments "With Reels ad loads...
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Meta now lets you create 4 additional personal profiles on FB
San Francisco, Sep 22 (IANS) Meta has started to roll out a "multiple personal profiles" feature that will allow users to create up to four additional profiles on Facebook...
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Musk’s X to disable Circles feature by Oct 31
New Delhi, Sep 22 (IANS) Elon Musk-run X Corp on Friday announced to shut down Circles, a feature that allows users to choose up to 150 people for limited and select conversations, by...
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Having productive conversations with authors: OpenAI on new lawsuit
San Francisco, Sep 22 (IANS) Sam Altman-run OpenAI has said it is "having productive conversations" with creators around the world, including the Authors’ Guild, as more prominent authors...
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Musk's X worse on combating climate change misinformation, finds report
New Delhi, Sep 21 (IANS) Elon Musk-run X (formerly Twitter) is at the bottom among social media platforms when it comes to combating climate change misinformation, an analysis by a coalition...
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Stock Market Today: Dow falls as Fed's hawkish pause puts big dent in big tech
Investing.com -- The Dow closed lower Wednesday, as surging Treasury yields put the squeeze on big tech after the Federal Reserve left interest rates unchanged, but leaned into...
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U.S. stocks are mixed as investors await Fed rate decision
Investing.com -- U.S. stocks are mixed as investors await the outcome of the highly-anticipated Federal Reserve's policy meeting. At 11:05 ET (15:05 GMT), the Dow Jones Industrial Average...
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Meta Platforms Expands Payment Options on Whatsapp in India
Meta Platforms (NASDAQ:META) has announced the expansion of payment options on its messaging application, WhatsApp, in India. The announcement made on Wednesday, September 20, 2023, includes...
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