Meta, YouTube face trial over social media addiction
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Meta's soaring capex is front and center for analysts ahead of the social media giant's Q4 earnings
Analysts are laser-focused on Meta's AI ambitions and its surging capex spending. The company reports Q4 earnings after the closing bell on Wednesday.
The tech giant has spent more than $6 million on TV ads in state capitals and Washington, with the message that data centers create jobs.
Wixen files $50m copyright suit against Meta, claims tech giant wants to replace songwriters with AI
Wixen Music Publishing is suing Meta for copyright infringement, claiming the social media giant continues to use hundreds of its copyrighted songs on Instagram, Facebook and WhatsApp without permission.
The roughly 1,000 job cuts in Reality Labs come as Meta reallocates resources from the metaverse to AI wearables and mobile products.
The post Apple & Meta are Spending Millions to Fight New Tech Regulations appeared first on Android Headlines.
Meta's stock has roared back from its 2022 slump, yet by Big Tech standards it still trades at a valuation that looks more like a solid industrial than a hyper‑growth platform. The company is pairing disciplined spending with a full‑throttle push into ...