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Facebook and Instagram users in Europe can opt for less personalized ads
Techxplore· 2024-11-12 17:31
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: The Meta logo is seen at the Vivatech show in Paris, France, on June 14, 2023. Credit: AP Photo/Thibault Camus, File Facebook and Instagram users in Europe will get the option to see less personalized ads if they don't want to pay for an ad-free subscription, social media company Meta said Tuesday, bowing to pressure from Brusse ...
Activist ValueAct has $1 billion stake in Meta, sources say
CNBC· 2024-11-12 16:31
Mark Zuckerberg, chief executive officer of Meta Platforms Inc., wears Orion augmented reality (AR) glasses during the Meta Connect event in Menlo Park, California, US, on Wednesday, Sept. 25, 2024. Meta Platforms Inc. debuted its first pair of augmented reality glasses, devices that show a combined view of the digital and physical worlds, a key step in Chief Executive Officer Mark Zuckerberg's goal of one day offering a hands-free alternative to the smartphone. Photographer: David Paul Morris/Bloomberg via ...
Facebook Slashes Price for Ad-Free Subscriptions in Europe
PYMNTS.com· 2024-11-12 15:19
Meta is lowering the price of ad-free subscriptions for European Facebook and Instagram users.The social media giant is reducing the price of those subscriptions by 40% in the European Union, according to a Tuesday (Nov. 12) company blog post.“Going forward, people based in the EU will still have the option to choose between subscribing for an ad-free experience or continuing to access our services for free,” the post said. “For those people who choose to continue using our services for free, they’ll now al ...
Meta Testing Experiential Retail to Sell Ray-Ban Meta Smart Glasses
PYMNTS.com· 2024-11-11 23:42
Meta is promoting its Ray-Ban Meta smart glasses at a Meta Lab pop-up store in Los Angeles that lets visitors experience the glasses firsthand.The temporary brick-and-mortar store at 8600 Melrose Avenue includes an AI wall that lets visitors test the smart AI assistant on the glasses, an immersion experience room that allows them to capture themselves in an AI-generated version of the beach, and an opportunity to have their glasses cases customized while they shop, whether or not they make a purchase, the c ...
META Rises 67% Year to Date: Is the Stock Still a Screaming Buy?
ZACKS· 2024-11-11 17:30
Meta Platforms (META) shares have returned 66.5% year to date, underperforming the Zacks Computer & Technology sector’s return of 30.4% and the Zacks Internet Software industry’s appreciation of 30%.Except for NVIDIA (NVDA) , it has outperformed the rest of “Magnificent 7” over the same time frame. The group includes Alphabet (GOOGL) , Amazon, Microsoft (MSFT) , NVIDIA, Apple and Tesla, apart from META.YTD, NVIDIA, Amazon, Tesla, Alphabet, Apple, and Microsoft returned 198.1%, 37%, 29.3%, 27.7%, 17.9% and 1 ...
Meta Platforms Q3: Significant Near-Term Downside Volatility Is Likely
Seeking Alpha· 2024-11-11 03:06
In my Meta (NASDAQ: META ) Q3 Earnings Preview , I outlined that I expected its market cap to contract by over 4% over the next 12 months due to the company presently being overvalued amid a likely near-term slowdown inOliver Rodzianko is an investment analyst specializing in the technology sector, grounded in timeless value principles. His expertise spans AI, semiconductors, software, and renewable energy, with a focus on companies that demonstrate resilient management and lasting competitive advantages. A ...
Missed Out on Nvidia? Buy These 3 AI Stocks.
The Motley Fool· 2024-11-10 12:40
AI's investor potential goes far beyond the chip giant.Perhaps no stock benefited more from the boom in artificial intelligence (AI) than Nvidia. Its dominance in the AI chip market redefined the direction of the company and much of the industry at large.Unfortunately, many AI investors missed out on Nvidia's boom. The good news is that most analysts expect AI-driven gains in the technology market for years to come.To this end, three Motley Fool contributors have ideas on where investors should look next fo ...
This Magnificent Artificial Intelligence (AI) Stock Could Hit a $2 Trillion Valuation in the Next 3 Years
The Motley Fool· 2024-11-09 22:00
The growing adoption of AI in the digital ad market should help this social media giant deliver robust earnings growth and stock upside over the next three years.Artificial intelligence (AI) has turned out to be a tremendous catalyst for many companies, thanks to its growing adoption in multiple industries ranging from cloud computing to factory automation to retail to advertising. The good part is that the technology is currently in its early phases of growth.Bloomberg Intelligence forecasts that generativ ...
Will Meta Platforms Enact a Stock Split in 2025?
The Motley Fool· 2024-11-09 12:30
Meta Platforms is nearing a point similar to where its big tech peers last split their stocks.Companies that enact stock splits are usually top performers. The reason is fairly simple: You only get a lofty stock price by performing well. Historically, companies choose to split their stock when they believe the price reached levels at which investors may be dissuaded from buying it due to a perceived high price.One company that has never split its stock but may consider doing so in 2025 is Meta Platforms (ME ...
Is Meta Platforms a Top Artificial Intelligence (AI) Stock to Buy Now?
The Motley Fool· 2024-11-08 10:30
Meta Platforms is spending a ton of money to pursue generative AI.Meta Platforms (META 3.44%) is probably one of the most misunderstood companies out there. It is consistently judged by what it does with 5% of its business rather than how the other 95% is performing. This misunderstanding was on full display after Meta reported fantastic Q3 earnings, only for the stock to drop right after the report.Because Meta Platforms is heavily investing in the artificial intelligence (AI) space, some investors are pan ...