META

Meta Platforms, Inc.
NASDAQ
Price 6/23 11:51 PM (ET)
$561.90
$ Change
-1.95
% Change
-0.35%
Latest News
10 items
PYMNTS Neutral 6/23 10:20 PM
Meta Targets Prediction Market Demand With Play Money Platform

Meta is developing a prediction market platform that would initially allow betting with play money before the company considers enabling real stakes, Seeking Alpha reported Tuesday (June 23), citing a paywalled article by The New York Times.

NYTimes Negative 6/23 9:45 PM
U.S. Presses Meta to Agree to A.I. Reviews

Federal officials are urging the lone major tech company holdout to allow government safety evaluations, weeks after ordering Anthropic to pull its latest model.

Reuters Negative 6/23 9:38 PM
US presses Meta to agree to AI reviews as security concerns rise, NYT reports

The Trump administration ​is pressing ‌Meta to submit ​its AI ​models for voluntary ⁠review, ​which would ​allow the government to evaluate ​its ​abilities and vulnerabilities, the ‌New ⁠York Times reported on ​Tuesday, ​citing ⁠four people familiar ​with ​the ⁠confidential request.

MarketBeat Positive 6/23 9:36 PM
Meta and Cloud Computing: Real Potential, or a Shot in the Dark?

Amid the boom in artificial intelligence spending, one key factor has separated Meta Platforms NASDAQ: META from the other Magnificent Seven hyperscalers: cloud computing. Microsoft NASDAQ: MSFT, Amazon.com NASDAQ: AMZN, and Alphabet NASDAQ: GOOGL all have massive cloud computing businesses.

Market Cap
1.43T
Dol. Volume
7.26B
Volume
12.92M
52W Range
$520.26 - $796.25
1 Week
-1.00%
1 Month
-7.92%
1 Year
-21.10%
Meta Platforms Inc., which operated as Facebook, Inc. until its October 2021 rebranding, is a technology enterprise focused on developing innovative products that empower people globally to connect and share with their friends and family. These services are accessible across a variety of digital platforms, including mobile phones, personal computers, virtual reality devices, and wearables. The company's activities are organized into two principal divisions: the Family of Apps and Reality Labs. The Family of Apps segment encompasses well-known platforms such as: Facebook, where users can share content, participate in discussions, explore new interests, and build connections. Instagram, a vibrant community dedicated to sharing visual media like photos and videos, sending private messages, and utilizing features such as user feeds, ephemeral stories, short video reels, live streams, and integrated shopping functionalities. Messenger, a dedicated application that facilitates text, audio, and video communications, enabling individuals to communicate with their social networks, communities, and even businesses across different devices and operating systems. WhatsApp, a widely adopted and secure messaging service employed by individuals and enterprises for private communication and financial transactions. The Reality Labs division concentrates on pioneering augmented and virtual reality technologies. This segment is responsible for creating consumer-grade hardware, sophisticated software, and engaging content, all aimed at fostering a sense of connection among people, regardless of their physical location or time zone. Meta Platforms Inc. was founded in 2004 and its corporate headquarters are situated in Menlo Park, California.