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Meta to Announce First Quarter 2025 Results
Prnewswire· 2025-04-02 04:30
MENLO PARK, Calif., April 1, 2025 /PRNewswire/ -- Meta Platforms, Inc. (NASDAQ: META) announced today that the company's first quarter 2025 financial results will be released after market close on Wednesday, April 30, 2025. Meta will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. The live webcast of the call can be accessed at the Meta Investor Relations website at investor.atmeta.com, along with the company's earnings press release, financial tables, and slide presenta ...
Meta AI Research Chief Joelle Pineau Departs Amid Increased Investment Efforts
PYMNTS.com· 2025-04-02 03:12
"Today, as the world undergoes significant change, as the race for AI accelerates, and as Meta prepares for its next chapter, it is time to create space for others to pursue the work," wrote Pineau, who heads Meta's Fundamental AI Research (FAIR). "I will be cheering from the sidelines, knowing that you have all the ingredients needed to build the best AI systems in the world, and to responsibly bring them into the lives of billions of people." Meta's head of artificial intelligence research is moving on. F ...
Meta loses its AI research head, as billions in investments hang in the balance
Business Insider· 2025-04-02 02:33
Pineau, who joined Meta in 2017 and served as Vice President of AI Research and leader of Meta's Fundamental AI Research group (FAIR), announced her departure on Tuesday on LinkedIn. "Today, as the world undergoes significant change, as the race for AI accelerates, and as Meta prepares for its next chapter, it is time to create space for others to pursue the work," she wrote. "I will be cheering from the sidelines, knowing that you have all the ingredients needed to build the best AI systems in the world." ...
Meta trying to persuade Trump to fight European Union's looming antitrust fine
New York Post· 2025-04-02 02:23
Mark Zuckerberg's Meta is reportedly pleading with the Trump administration to intervene on the social media giant's behalf as it faces a massive fine under the European Union's strict antitrust rules. Though traditionally tough on Big Tech, Trump has been a vocal critic of the EU's habit of imposing massive fines on American companies. The president has referred to the penalties as "overseas extortion" and threatened retaliatory measures as part of his ongoing trade dispute with the EU. 4 Meta CEO Mark Zuc ...
Meta's head of AI research announces departure
CNBC· 2025-04-02 02:13
Meta CEO Mark Zuckerberg holds a smartphone as he makes a keynote speech at the Meta Connect annual event at the company's headquarters in Menlo Park, California, on Sept. 25, 2024. Meta's head of artificial intelligence research announced Tuesday that she will be leaving the company. Joelle Pineau, the company's vice president of AI research, announced her departure in a LinkedIn post, saying her last day at the social media company will be May 30. Her departure comes at a challenging time for Meta. CEO Ma ...
Meta's head of AI research plans to leave the company
TechCrunch· 2025-04-02 01:23
In Brief Meta's VP of AI research, Joelle Pineau, is planning to leave the company, she announced in a post on Facebook Tuesday. Pineau said she's leaving in May after more than two years overseeing FAIR, Meta's internal AI research lab led by Yann LeCun. As for Pineau, the executive said she'll take some time off before jumping into an unnamed "new adventure." Pineau's exit comes as Meta ramps up its AI efforts, with the company planning to spend $65 billion on AI infrastructure in 2025. In a statement to ...
Meta allegedly used pirated books to train AI—US courts may decide if this is 'fair use'
Techxplore· 2025-04-02 00:11
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: Companies developing AI models, such as OpenAI and Meta, train their systems on enormous datasets. These consist of text from newspapers, books (often sourced from unauthorized repositories), academic publications and various internet sources. The material includes works that are copyrighted. Meta is being sued in the United Stat ...
Report: Meta Seeks Trump's Help in Combatting EU Fine
PYMNTS.com· 2025-04-01 23:10
Meta in 2023 offered users in the EU, European Economic Area and Switzerland a choice between free access with personalized ads or a paid ad-free subscription. However, regulators flagged the policy for not complying with the EU's Digital Markets Act. The company then made some modifications, offering reduced subscription prices in November. However, the European Consumer Organisation (BEUC) said those changes were superficial and Meta's practices remained misleading. It called on regulators to investigate ...
Meta: Losing Its Lead In AI (Rating Downgrade)
Seeking Alpha· 2025-04-01 03:18
Meta (NASDAQ: META ) shares are down more than 11% over the last month, and down 6.97% since I published my last coverage on the technology giant This account is managed by Noah's Arc Capital Management. Our goal is provide Wall Street level insights to main street investors. Our research focus is mainly on 20th century stocks (old economy) undergoing a 21st century transformation, but occasionally we'll write on companies that help transform 20th century firms as well. We look for innovations in a business ...
How Are Options Traders Playing the META Pullback?
Schaeffers Investment Research· 2025-04-01 01:50
Meta Platforms Inc. (NASDAQ:META) stock is down 0.9% today, last seen at $571.76. The shares have pared steeper gains from this morning, after Jefferies trimmed its price target to $725 from $810. With a few hours to go, META is on track for its worst monthly performance since October 2022. On the charts, keep an eye on the equity's 260-day moving average, a trendline that's getting tested today, so far holding up. Longer term, the social media giant is 17.2% higher year-over-year. Nevertheless, the stock h ...