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Meta announces plans to cut 20% of its workforce to reallocate resources toward costly AI investments and acquisitions, signaling a strategic pivot to strengthen its AI capabilities and compete aggre…
Meta accelerates AI expansion with Moltbook acquisition and increased spending on AI infrastructure and models, aiming to strengthen its advertising and platform capabilities.
Meta acquires AI-wearables startup Limitless to enhance AI-enabled consumer hardware, strengthening its position in next-gen smart devices with experienced hires and existing eyewear partnerships.
Meta won a key court ruling rejecting FTC's claims of current monopoly power, lifting the threat of divestiture and highlighting strong competition from TikTok and YouTube.
A Washington judge ruled in favor of Meta Platforms, dismissing U.S. claims that its acquisitions of Instagram and WhatsApp illegally stifled competition.