Tagged: meta

Meta Plans New Non-Voting Stock Class to Support Ongoing AI Investments

Meta Platforms (NASDAQ: META) is restructuring its capital base to sustain heavy spending on artificial intelligence while protecting the voting control of CEO Mark Zuckerberg. During its third-quarter earnings call on Wednesday, the parent company of Facebook and Instagram disclosed plans for a new class… Read More

Meta Introduces Muse Wonder AI Model to Enable Advanced Agent Tasks and Drive Subscription Revenue

Meta (NASDAQ: META) has rolled out Muse Wonder, a new frontier-class artificial intelligence model designed for its Muse personal agent application, as the company intensifies efforts to generate subscription income outside its traditional advertising business. Released on October 12, 2026, the model—along with a more… Read More

Crypto “Godfather” Adam Iza Sentenced to 78 Months in Prison and $23.4M Restitution in Meta Fraud Case

A federal judge in Los Angeles has sentenced Adam Iza, the 26-year-old self-described cryptocurrency figure who called himself “The Godfather,” to 78 months in prison and ordered him to pay $23,402,766 in restitution after he admitted using money from a large Meta (NASDAQ: META) advertising… Read More

Meta Recruits MongoDB Chief to Lead Enterprise AI Business

Meta (NASDAQ: META) has taken a step beyond advertising and consumer products, launching a dedicated unit aimed at selling artificial intelligence tools directly to companies. On September 28, 2026, founder and chief executive Mark Zuckerberg announced Meta Enterprise Platform and named Chirantan “CJ” Desai, who… Read More

Amazon Blocks Meta’s Muse AI Agent From Completing Digital Commerce Transactions on Its Site

Amazon (NASDAQ: AMZN) has shut down Meta’s (NASDAQ: META) recently launched Muse personal AI agent from completing purchases on Amazon.com, drawing a sharp line in the emerging contest over who controls agentic shopping. The restriction took effect Sunday night, September 20, 2026. Users who asked… Read More

Meta Trials Consumer AI Agent for Everyday Online Tasks

Meta (NASDAQ:META) is said to be internally testing a consumer AI agent designed to complete everyday work on the open web, according to an employee memo described by BI. Internally labeled Hatch — a working name, not the expected public brand — the system is… Read More

Meta to Launch its Own Prediction Market Arena After Talks with Kalshi

Meta (NASDAQ:META) was in talks with Kalshi about a potential acquisition prior to its decision to launch its own prediction market. According to reports, Meta CEO Mark Zuckerberg met with Kalshi CEO Tarek Mansour in 2025. While the details remain unclear, the discussion fell apart… Read More

Meta’s Stablecoin USDC Payouts are More Practical Approach to Web3 after Metaverse Venture Failed

Meta (Facebook) (NASDAQ:META) has started with supporting stablecoin payouts to certain social media content creators, effectively enabling them to accept earnings in Circle’s USDC on the Solana or Polygon crypto networks. In the past, Meta has been known to aggressively pursue a range of (mostly unsuccessful)… Read More

Meta Reportedly Considers Workforce Cuts Amid Soaring AI Spending

Meta (Facebook) (NASDAQ:META) is reportedly considering significant staff cuts that could affect at least 20% of its employees. According to unnamed insiders who shared insights with Reuters, the specifics—such as the exact schedule—remain undecided. A company representative dismissed the claims, describing them as “hypothetical speculation on… Read More

The Payments Association Asks UK Government to Take Action Addressing Role of Social Media Fraud

The Payments Association in the UK has issued a strong appeal for the introduction of a collective accountability model in financial regulation. This proposal emerges from fresh analysis showing that a major share of recent losses tied to authorized push payment scams can be linked… Read More

Meta (Facebook) Goes Back to Stablecoins

Everyone is doing it, so why not Meta (Facebook)? Stablecoins are the new and improved payments and transfer rails of the future. But for those in the know, Meta attempted to launch a digital currency several years ago under the project names  Libra and then… Read More

Meta Castigated for Illegal Canadian Debt Relief Ads

A Canadian licensed insolvency trustee is calling on Meta (NASDAQ:META) to explain why illegal debt-relief advertising continues to run on its platforms, despite repeated warnings, direct outreach, and mounting federal evidence that such practices are misleading, harmful, and in some cases criminal. Joshua Harris, CEO… Read More

Meta Acquiring Manus Game Changing for Consumer AI – Polyverse CEO

Meta (NASDAQ:META) has acquired artificial intelligence firm Manus. The Singapore-based firm is developing autonomous AI agents, and the deal has been valued at between $2 to $3 billion. Manus’s tech is said to be able to execute complex tasks such as booking flights and conducting… Read More

Meta Acquires Singapore based AI Startup Manus to Advance Autonomous Agents

Meta Platforms (NASDAQ:META) has announced its acquisition of Manus AI, a Singapore-headquartered startup specializing in autonomous artificial intelligence agents. The move aims to enhance Meta’s capabilities in deploying versatile AI tools across its ecosystem of consumer apps and enterprise solutions. Manus AI, known for its… Read More

WhatsApp Introduces QR Code Payments for Small Businesses

In a move to support small and medium enterprises (SMEs), Meta has (NASDAQ:META) integrated a QR code-based payment system into the WhatsApp Business App. The announcement was made during Meta’s recent business summit in Mumbai, India, highlighting the company’s focus on enhancing digital tools for… Read More

PensionBee Finds Public Support for Shareholder Resolution Urging Meta to Address Concerns over How it Uses Personal Data

PensionBee, a UK firm focused on the consumer retirement market, has found significant public support for a shareholder resolution urging Meta to address growing concerns over “how it uses personal data to power its AI systems.” The poll found that more than 50% of respondents… Read More

Meta Is Reportedly Exploring Stablecoin Payments Integrations Across its Platforms

Meta (NASDAQ:META) is reportedly considering a bold reentry by exploring stablecoin payment integration across its platforms, according to a recent report citing sources claiming to be familiar the matter. This move could mark a significant shift for the tech firm, which has been cautious about… Read More

Crypto Industry Funds Donald Trump’s $239M Inauguration Amid Regulatory Shifts

Recent Federal Election Commission (FEC) disclosures show that major cryptocurrency companies and their executives poured significant funds into US President Donald Trump’s $239 million inauguration fund after his 2024 election win. Released on April 20 by the Trump-Vance Inaugural Committee, these filings underscore the crypto… Read More

Solana Best 2024 Investor Bet: ApeX Protocol

An analysis by decentralized trading firm ApeX shows that Solana tops the list of best 2024 investments. Apex analyzed the price performance of various investment options from 2020 to 2024 to identify the best-performing assets based on price change. The data was collected from Yahoo Finance… Read More

Lightspark CEO David Marcus Reveals How Facebook-led Libra Initiative Was “Killed”

David Marcus, the current CEO and co-founder at Lightspark, which claims to be building the open Money Grid on Bitcoin (and previously who ran Payments/Crypto and Messenger at Meta) recently shared via social media just how the Facebook-led Libra(at one point called Diem) initiative was… Read More

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