Meta Platforms is ending its fact-checking program. That could be risky for the stock
The decision to retreat from its attempts to stem a rising tide may not pay off for the business, and it could spell bad news for the stock.
Why Meta Platforms Stock Slumped on Monday
Meta Platforms ( META -1.22%) received some discouraging news from the highest court in our land Monday, and investors reacted accordingly. They traded the bellwether social media stock down by more than 1% after digesting the legal headlines, on a day when the S&P 500 index closed in positive territory with a 0.2% bump higher.
Meta Platforms (META) Price Prediction and Forecast 2025-2030
Meta Platforms has gained over 1,200% since 2012. The company is now investing heavily in artificial intelligence, bolstering our stock price predictions.
The enshittification of Meta’s platforms
The future of these large platforms appears grim. Doctorow suggests that they risk becoming “zombies,” similar to MySpace—a site that still exists but offers nothing more than AI-generated content and spam.
Why Meta Platforms Stock Was Climbing Today
Shares of Meta Platforms ( META 4.33%) rose today as the social media giant benefited from a cooler-than-expected inflation report, the company's announcement yesterday that it would lay off 5% of its staff,
Meta stocks rise as inflation eases
The S&P 500, Dow, and Nasdaq are set to open higher today. This comes after the release of the Producer Price Index (PPI) report for December. The report showed that the producer price index rose 0.2% last month.
Meta platforms chief legal officer Jennifer Newstead sells $547,108 in stock
Jennifer Newstead, Chief Legal Officer at Meta Platforms, Inc. (NASDAQ:META), executed a stock sale on January 14, 2025, as ...
Bloomberg reports that Meta will lay off 5% of staff
News reports say that social media company Meta Platforms is planning to cut 5% of total staff this year by terminating staff ...
Meta to lay off 5% of 'lowest performers', plans to hire for impacted roles
Meta Platforms will trim about 5% of its "lowest performers" and plans to hire for the impacted roles this year, a company ...
Meta to cut roughly 5 percent of staff, targeting lowest performers
As of September, Meta employed about 72,000 people, so a 5 percent reduction could affect roughly 3,600 jobs. “I’ve decided ...
Meta's crackdown on adult content fails to stop AI nudify apps from flourishing
Despite nudify apps being against Facebook and Instagram policy, one app company keeps advertising on Meta's platforms.
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Meta’s ‘critical shortcomings’ led to Russian disinformation campaign on platform: report
A covert Russian-led disinformation campaign evaded Meta restrictions and got through more than 8,000 political ads on ...
Meta could rake in billions in ad dollars if TikTok is banned
Meta stands to be one of the largest beneficiaries of a TikTok ban in the US, analysts say. Through ad dollars alone, Meta ...
Meta Stock Falls Amid Layoff News
Shares of Facebook and Instagram parent Meta Platforms traded near their lows for the day after the company told employees it ...
Meta’s fact-checking changes stoke disinformation concerns
The end of fact-checking at Meta is raising fresh concerns its platforms will become a hotbed of disinformation as the ...
Facebook Parent Meta Platforms To Lay Off 5% Of Staff; CEO Mark Zuckerberg Warns Of “Intense” Year Ahead
Facebook and Instagram parent Meta Platforms plans to lay off about 5% of its workforce, with CEO Mark Zuckerberg warning of ...