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Facebook And Instagram Down: Here's What We Know About Widespread Outages
Forbes· 2024-12-11 18:28
Forbes Community GuidelinesOur community is about connecting people through open and thoughtful conversations. We want our readers to share their views and exchange ideas and facts in a safe space.In order to do so, please follow the posting rules in our site's Terms of Service. We've summarized some of those key rules below. Simply put, keep it civil.Your post will be rejected if we notice that it seems to contain:False or intentionally out-of-context or misleading informationSpamInsults, profanity, incoh ...
Meta: No Longer A Strong Buy Now
Seeking Alpha· 2024-12-11 14:07
As a dividend growth investor, my investment approach is becoming more heavily rooted in world-class quality. What do I mean by quality? I mean companies operating as leaders in vast and growingHi, my name is Kody. Aside from my articles here on Seeking Alpha, I am also a regular contributor to TipRanks, Sure Dividend, and The Dividend Kings and iREIT+Hoya Capital. I have been investing since September 2017 and interested in dividend investing since about 2009.Since July 2018, I have ran Kody's Dividends. T ...
UK tribunal green-lights $2.7B Facebook collective action antitrust lawsuit
TechCrunch· 2024-12-05 15:03
As Meta faces off with antitrust regulators in the U.S. and Europe, a £2.1 billion+ Facebook U.K. class action-style competition lawsuit, which takes Meta’s market dominance as a given, is moving ahead after the social media giant lost a bid to have the litigation thrown out. The suit is seeking damages worth a minimum of some $2.7B at current exchange rates.Dr Liza Lovdahl Gormsen, a competition law expert, is suing the parent company of Facebook, Instagram and WhatsApp over claims that it exploited U.K. u ...
Invenergy to Provide over 760MW in Renewable Energy, Supporting Meta's Energy needs in line with its Clean and Renewable Energy Goals
Prnewswire· 2024-12-05 14:30
Total procured clean energy between the two companies now exceeds 1 gigawatt New agreement contracted through four Invenergy-developed solar facilitiesMENLO PARK, Calif. and CHICAGO, Dec. 5, 2024 /PRNewswire/ -- Meta Platforms, Inc (Nasdaq: META) announced it has signed four contracts with Chicago-based energy owner, operator and developer, Invenergy, for 760 MW of clean energy. These new Environmental Attribute Purchase agreements (EAPAs) bring Meta's total clean energy procurement from Invenergy to over ...
Meta Platforms joins growing nuclear power trend in tech sector
Proactiveinvestors NA· 2024-12-05 12:21
About this content About Oliver Haill Oliver has been writing about companies and markets since the early 2000s, cutting his teeth as a financial journalist at Growth Company Investor with a focusing on AIM companies and small caps, before a few years later becoming a section editor and then head of research. He joined Proactive after a couple of years freelancing, where he worked for the Financial Times Group, ITV, Press Association, Reuters sports desk, the London Olympic News Service, Rugby World Cup ...
Meta to build $10 billion AI data center in Louisiana as Elon Musk expands his Tennessee AI facility
Techxplore· 2024-12-05 09:40
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, June 14, 2023. Credit: AP Photo/Thibault Camus, File The largest artificial intelligence data center ever built by Facebook's parent company Meta is coming to northeast Louisiana, the company said Wednesday, bringing hopes that the $10 billion facility will transform a ...
Meta Platforms Inc-A:AI全面驱动公司业绩增长,资本开支将大幅增加
第一上海证券· 2024-12-05 07:46
Meta Platforms(META) 更新报告 AI 全面驱动公司业绩增长,资本开支将大幅增加 买入 2024 年 12 月 5 日 韩啸宇 +852-25222101 Peter.han@firstshanghai.com.hk 季度业绩摘要:公司 24Q3 总收入 405.9 亿美元,同比增长 18.9%, 高于公司上季度指引中值的 397.5 亿美元及彭博一致预期的 403 亿 美元。1)Family of Apps 收入 403.2 亿美元,其中广告收入 398.9 亿美元,同比增长 26.8%。2)Reality Labs 收入 2.7 亿美元,同 比增长 28.6%。GAAP 净利润 156.9 亿美元,同比增长 35.4%,高于 一致预期的 135.9 亿美元。摊薄后每股收益 6.03 美元,高于一致 预期的 5.24 美元。资本开支 92 亿美元,,主要用于投资数据中 心、服务器、网络基础设施。公司预计 24Q4总收入将介于 450-480 亿美元,指引中值高于一致预期的 461 亿美元。 李倩 +852-25321539 Chuck.li@firstshanghai.com.hk 主要数 ...
Meta Stock Flashing Bull Signal Amid Record Highs
Schaeffers Investment Research· 2024-12-04 20:07
Meta Platforms Inc (NASDAQ:META) stock is sitting out the broader tech rally this afternoon, down 0.3% at $612.06 at last glance, though it earlier hit an all-time high of $617.78. Looking at the stock's chart, there's reason to believe it could extend those highs.META finished five of the last six days higher, which managed to push it above the top band of its 20-day Bollinger Bands. Per Schaeffer's Senior Quantitative Analyst Rocky White, the shares moved higher the past 10 times this occurred, averaging ...
Meta Platforms Stock Hits 52-Week High: Is There Still Room to Jump?
ZACKS· 2024-12-04 17:36
Meta Platforms (META) shares hit a 52-week high of $614.20 on Dec. 3 and finally closed at $613.65, up 73.3% year to date (YTD). Its shares have outperformed the Zacks Internet Software industry’s gain of 37.8% and the Zacks Computer & Technology sector’s return of 30.6% over the same time frame.Is there still room for the META stock to run? Let’s find out.META’s AI-Driven Ad System Boosts Advertiser ReturnsMETA is leveraging its proprietary machine learning system, Andromeda, for retrieval in ad recommenda ...
Meta jumps aboard the nuclear-powered data center bandwagon
TechCrunch· 2024-12-04 16:49
Earlier this year, Meta tried to get its own nuclear powered data center the easy way, by building one next to an existing reactor. But after regulators threw cold water on the plan — the site was reportedly home to a rare bee species — the company is back with a new idea: find a developer who will build one or more nuclear power plants somewhere, anywhere. Meta announced yesterday a request for proposals from nuclear power developers who would help the company add 1 to 4 gigawatts of electricity generating ...