Meta releases AI model that can identify items within images

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Italy to investigate Meta (META) over abuse of position in music rights case

April 5, 2023 12:18 PM UTC

Italys antitrust authority announced Wednesday that the regulator would be investigating Meta Platform (NASDAQ: META) over the possible abuse of its position in talks over the rights to music posted on Meta's platforms and potentially hurting competition in the sector.

The dispute involved... More

Meta Platforms (META) deep cost cuts to boost profitability, claims Argus

April 5, 2023 10:05 AM UTC

Meta Platforms (NASDAQ: META) was upgraded to Buy from Hold with a $270 price target at Argus on Wednesday. The firm said it believes the social media giant's deep cost cuts will boost profitability even in an uncertain macroeconomic environment, while increased competition in the social media space,... More