Meta Earnings Promise a Progress Report on Facebook’s AI Transformation

Wall Street projects a 22% rise in Meta’s quarterly revenue thanks to ad growth. But this report is all about the Facebook ...
Nasdaq

Noteworthy Tuesday Option Activity: COIN, NFLX, META

Among the underlying components of the S&P 500 index, we saw noteworthy options trading volume today in Coinbase Global Inc (Symbol: COIN), where a total of 371,757 contracts have traded so far, ...
Shacknews

Facebook (META) to cut nearly 600 jobs in AI division

Meta told hundreds of employees in its AI division that they will be laid off in an internal memo this morning.
Tuko on MSN

Meta to cut 600 jobs in artificial intelligence: reports

Facebook owner Meta is cutting 600 jobs in its artificial intelligence division in a move intended to streamline operations after an aggressive hiring spree, US media reported Wednesday.The job cuts ...