The launch of robotaxis in Texas by Tesla Inc TSLA has put an emphasis on the company's AI technology and engineers. Those same Tesla workers are also being contacted by rival companies, which want to lure them away.What Happened: Tesla senior staff engineer Yun-Ta Tsai shared details of Meta Platforms Inc META trying to poach him, which follows reports that Meta was aggressively trying to win over top AI talent.Tsai shared an email from a Meta recruiter that said it was "one last try" to get him to work at ...

After the tech company made several interesting announcements, a handful of Wall Street analysts released big-time price target increases on shares of Meta Platforms NASDAQ: META. Since June 12, MarketBeat has tracked several analysts who updated their price targets on the stock. Meta Platforms TodayMETAMeta Platforms$712.20 +13.67 (+1.96%) 52-Week Range$442.65▼$740.91Dividend Yield0.29%P/E Ratio27.78Price Target$712.69Add to WatchlistOn average, these analysts increased their price targets by nearly 12%. ...

Core Viewpoint - A lawsuit has been filed against Reddit, Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentation of user growth impacted by Google's AI technology [1][2][3]. Company Overview - Reddit operates a social news aggregation and forum platform, which has seen a decline in user traffic due to Google's AI search results providing answers directly, reducing the need for users to visit Reddit [3][4]. Legal Proceedings - The lawsuit is pending in the U.S. District Court for the Northern District of California, with claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 [2]. Stock Performance - Following a report on May 1, 2025, indicating a slowdown in daily active user growth, Reddit's stock price fell from $118.79 to $113.83, a decline of $4.96 or over 4% [5]. - On May 21, 2025, after an analyst cut the stock price target due to concerns over Google's AI impact, Reddit's stock dropped from $105.64 to $95.85, a decrease of $9.79 or over 9% [6].

META climbs higher throughout the session after an alert at 10:19 am Meta Platforms Inc. META today experienced a Power Inflow, a significant event for those who follow where smart money goes and value order flow analytics in their trading decisions. Today, at 10:19 AM on June 23rd, a significant trading signal occurred for Meta Platforms Inc. (META) as it demonstrated a Power Inflow at a price of $687.14. This indicator is crucial for traders who want to know directionally where institutions and so-called ...

Group 1 - Australian online regulatory agency calls for the government to revoke a controversial decision allowing YouTube to be exempt from social media bans for users under 16 years old [1] - Julie Inman Grant, the Australian eSafety Commissioner, emphasizes the need for legislation to be "fair, consistent, and moderate," citing research that shows YouTube is the most frequently used social media platform among Australian teenagers and a significant source of harm [1] - Grant lists harmful content on YouTube, including misogynistic remarks, hate material, violent fight videos, dangerous challenges, eating disorders, and suicidal tendencies [1] Group 2 - Competitors like Snap Inc. and Meta Platforms have expressed dissatisfaction with YouTube's special treatment, especially after reports that the Australian government made private commitments to YouTube executives before public consultations on the exemption [1] - YouTube responded by highlighting the benefits it provides to students and teachers, urging the government to fulfill its public commitments to ensure Australian teenagers can continue accessing valuable content on the platform [2]

SAN DIEGO, June 23, 2025 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or acquired Reddit, Inc (NYSE: RDDT) securities between October 29, 2024 and May 20, 2025. Reddit is a social media platform and forum-style website where users share and discuss content through posts and comments. For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003. The Allegations: Robbins LLP is Investiga ...

Meta is pushing back against a ban on WhatsApp from government devices.The Chief Administrative Officer (CAO) of the U.S. House of Representatives told staffers on Monday that they are not allowed to use Meta's popular messaging app. The CAO cited a lack of transparency about WhatsApp's data privacy and security practices as the reason for the ban, according to a report by Axios that cited an internal email from the government office.The CAO told House staff members in the email that they are not allowed to ...

WhatsApp终于不再搞特殊了，广告将会出现在这个每天有15亿人使用的即时通讯工具上。在收购 WhatsApp长达11年后，Meta方面日前做了一个"违背祖宗的决定"，即允许广告商在这款应用上投放"状 态广告"（Status Ads），以引导用户通过WhatsApp的消息功能与广告主进行互动。 对此Meta方面表示，新引入的广告形式将有助于用户发现感兴趣的品牌，并直接与商家展开沟通，从 而了解其推广的商品或服务详情。此外WhatsApp还推出了频道订阅机制，用户可按月付费支持自己关 注的内容创作者，并获取专属内容更新。而且其系统也会根据用户兴趣推荐新的频道，为内容管理者提 供更多的曝光机会。 既然"无广告"已经成为WhatsApp的标志乃至产品文化，Meta方面为何又会在2025年继续"头铁"呢？其 实答案可能很简单，因为他们花钱花得太厉害。扎克伯格一直认为2025年将是AI赛道的决定性一年， 为此Meta会在2025年投资多达650亿美元用于AI相关项目，再算上2024年的380亿美元，这家公司在AI 领域的投入或超过千亿美元。 为了不激起用户的对抗情绪，Meta方面宣称，"这些新功能仅出现在'更新'（U ...

Core Viewpoint - A lawsuit has been filed against Reddit, Inc. and its senior executives for potential violations of federal securities laws, specifically related to misrepresentation of user growth impacted by Google's AI technology [1][2][3]. Group 1: Lawsuit Details - The lawsuit is pending in the U.S. District Court for the Northern District of California, titled Tamraz, Jr. v. Reddit, Inc., at al., No. 25-cv-05144 [2]. - Investors have until August 18, 2025, to request to lead the case [2]. Group 2: Allegations Against Reddit - The complaint alleges that Reddit misrepresented the impact of Google's AI technology on its user growth, suggesting that it downplayed the negative effects [3][4]. - Google's AI has reportedly reduced the need for users to visit Reddit for answers, leading to a decline in user engagement [4]. Group 3: Stock Performance - Following a report on May 1, 2025, indicating a slowdown in daily active user growth, Reddit's stock price fell by $4.96, or over 4%, from $118.79 to $113.83 per share [5]. - On May 21, 2025, an analyst from Baird cut the stock price target due to concerns over Google's AI, resulting in a further decline of $9.79, or over 9%, from $105.64 to $95.85 per share [6].

Group 1: Amazon - Amazon has a market cap of nearly $2.3 trillion and needs a stock price increase of about 33% to reach the $3 trillion club [3] - The company leads in cloud computing and e-commerce, with Amazon Web Services (AWS) being its most profitable and fastest-growing segment, showing a revenue increase of 17% last quarter [4] - AWS benefits from the AI trend, attracting customers to its services and developing custom AI chips for cost advantages [5] - Amazon's e-commerce segment is growing at a high single-digit to low double-digit rate, with AI improving logistics and warehouse efficiency, leading to lower costs and increased profitability [6] - The stock is trading at attractive valuations, indicating a clear path to $3 trillion in the coming years [7] Group 2: Alphabet - Alphabet has a market cap of just over $2.1 trillion and requires a stock price increase of more than 42% to reach $3 trillion [8] - Potential antitrust penalties pose a significant hurdle, but lighter penalties are anticipated due to rising AI competition [9] - New competition from AI chatbots and search engines raises concerns about Google's search dominance [10] - Alphabet has strong distribution channels and a well-established ad network, providing advantages in the market [11] - The company is making strides in AI with its Gemini model and monetization features, positioning itself to turn AI investments into earnings [12] - Alphabet's fast-growing cloud business, Waymo robotaxi, and YouTube platform contribute to its potential for reaching the $3 trillion mark [13] Group 3: Meta Platforms - Meta Platforms has a market cap of just under $1.8 trillion and needs a stock price increase of about 72% to join the $3 trillion club [14] - The company experienced a revenue increase of 16% last quarter, driven by AI, which improved user engagement and ad performance [15] - New monetization opportunities, such as serving ads on WhatsApp and the growing Threads platform, present significant growth potential [16][17] - Increased ad inventory and higher ad prices due to improved effectiveness could help Meta reach the $3 trillion mark in the coming years [18]