Meta Platforms
Meta shares target $1,000 as Wells Fargo boosts AI growth outlook
Wells Fargo raised its Meta price target to $1,000, citing the long-term potential of the Muse artificial intelligence assistant.
UK probes Meta over risk assessment of Instagram Instants
Ofcom has opened its first Online Safety Act investigation into Meta, focusing on whether adequate risk assessments were conducted prior to launching Instagram Instants.
Meta rejects US states' claims it designed apps to hook children
Meta Platforms has rejected allegations in an Oakland trial that it deliberately designed Facebook and Instagram to foster compulsive use among children.
Meta ordered to pay $567m by New Mexico court over child mental health harms
A New Mexico court has ordered Meta to pay $567 million into an abatement fund and enforce strict feature caps on Instagram and Facebook to protect youth mental health.
Meta CEO Mark Zuckerberg says US should not ban Chinese AI models
Meta CEO Mark Zuckerberg has argued against banning Chinese artificial intelligence models, clashing with officials and rivals over how the US should maintain its tech edge.