S&P 500 and Nasdaq finish slightly lower in light holiday trading, Meta rises after deal
Market Overview On December 30, the S&P 500 and Nasdaq experienced a slight downturn during volatile trading sessions. Gains in communications services stocks couldn’t fully counterbalance losses in technology and financial sectors, which also impacted the Dow. Communications services emerged as one of the top gainers in the S&P 500, buoyed by a 1.1% increase […]
Meta acquires AI startup Manus for $2 billion, facing scrutiny over its Chinese origins
Meta’s Bold Move in the AI Landscape Meta is making headlines again, this time with a significant acquisition in the AI sector. The company has bought Manus, a rising startup, for over $2 billion. This unexpected deal not only establishes a new AI agent business for Meta but also raises questions about the startup’s Chinese […]
New Mexico AG criticizes Meta for saying the PG-13 rating system safeguards children: ‘Harmful marketing tactic’
New Mexico AG Critiques Meta’s Instagram Rating System New Mexico Attorney General Raul Torres has expressed strong criticism of Mark Zuckerberg’s Meta, branding its new PG-13 rating system for Instagram as a “dangerous publicity stunt.” Meta claims this system is designed to safeguard younger users from online threats. In a letter directed to Zuckerberg and […]
Meta Reduces Censorship Mistakes by 90% Following Zuckerberg’s Focus on Free Speech
Meta Reports Significant Reduction in Content Moderation Errors Meta has announced a more than 90% reduction in what it terms content moderation “errors” on Facebook and Instagram since CEO Mark Zuckerberg shifted the company’s approach to free speech back in January. In the Q3 2025 Integrity Report, Meta introduced a new global metric that evaluates […]
Thursday’s notable analyst recommendations: Nvidia, Tesla, Oracle, Meta Platforms, Visa, Alphabet, Roku and others
Market Updates on Key Stocks On Thursday, Wall Street highlighted Bank of America’s reaffirmation of NVIDIA as a “Buy.” The bank maintains that NVIDIA’s current stock levels are still “attractive.” They noted that projected P/E valuations for 2026 and 2027—25x and 19x, respectively—are compelling, especially given that earnings growth is only about 0.5x compared to […]
Meta divided by tensions between new AI experts and long-time supporters of Zuck, according to a report.
There seems to be some friction within Meta’s newly formed AI team, particularly between these tech-savvy newcomers and some of CEO Mark Zuckerberg’s long-standing executives. It appears the frustration is growing over differing priorities within the company. On one side, the AI specialists reportedly view the existing leadership, particularly in relation to Musk’s circle, as […]
Meta steps back in Washington as a socialist Democrat proposes new corporate tax increases
Meta CEO Mark Zuckerberg Dodges Major Setback Mark Zuckerberg, the CEO of Meta, recently skirted a potentially expensive crisis. In 2020, Mehta secured the rights to expand their land holdings in Bellevue, Washington, increasing the company’s footprint in the area to over 3 million square feet. After a half-decade of expanding, subleasing, and altering plans, […]
ROB MANESS: Americans Suffer When Meta Allows Foreign Criminal Groups to Operate Freely
Fraud in the U.S.: A Growing National Security Concern Nearly everyone in the United States is vulnerable to some form of fraud. While only a small fraction of these attempts are successful, the financial losses can reach billions. Increasingly, these fraud schemes are being carried out by international criminal organizations, which has escalated the issue […]
Meta strikes agreements with CNN, Fox News, and various media companies for AI collaboration
Meta Reaches Agreements with News Publishers Meta Inc., led by Mark Zuckerberg, has announced that it has signed agreements with various news publishers, including Fox News and CNN, to use their articles in its AI chatbot. This move aims to enhance user experience by providing “real-time content” through links to articles and websites when users […]
Meta reallocates funds from the metaverse to AI glasses due to budget changes.
Meta is reducing its ambitions for the Metaverse and shifting its focus towards AI-powered glasses and wearable tech, as announced to FOX Business on Thursday. This pivot comes after reports suggesting that Meta might impose a significant 30% cut from its Metaverse Group, which had previously been highlighted by CEO Mark Zuckerberg as a cornerstone […]