Tag: $Meta

Meta Platforms is positioning itself to be an even more competitive player in the artificial intelligence space, with news of its ambitions in one of the fastest-growing sectors of tech helping buoy shares in the company on Monday.

Meta has begun its third round of layoffs as part of the company’s multibillion-dollar plan to save costs.

Meta has been fined a record 1.2 billion euros ($1.3 billion) by European privacy regulators over the transfer of EU user data to the U.S.