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Activist investor ValueAct has $1 billion stake in Meta, sources say
ValueAct has a roughly $1 billion stake in Meta, according to people familiar with the matter. The activist's specific plans could not immediately be learned, but ValueAct CEO Mason Morfit is said to be broadly supportive of CEO Mark Zuckerberg's AI push.
Meta Platforms Is Making AI Waves. ValueAct Bets $1 Billion.
ValueAct Capital has amassed a $1 billion stake in Facebook and Instagram parent Meta Platforms a validation of the tech giant’s moves in artificial intelligence, a source familiar with the matter confirmed.
ValueAct takes $1-billion stake in Meta, source says
ValueAct Capital has built a $1-billion stake in Meta Platforms but is not currently pushing for big changes at the Facebook and Instagram parent, a source familiar with the matter told Reuters on Tuesday.
Valueact takes $1B stake in Meta Platforms, CNBC reports
Activist investor Valueact has taken a $1B stake in Meta Platforms (META), CNBC’s David Faber reported on-air on the business news
ValueAct Takes $1 Billion Passive Stake in Meta
ValueAct Capital Management has taken a $1 billion stake in Facebook parent Meta Platforms Inc., according to a person familiar with the matter.
19h
Meta Pushes Back Against FTC Effort to Toughen Privacy Order
Meta Platforms Inc. rebuffed the Federal Trade Commission’s plans to modify a 2020 privacy settlement with the company, ...
Insider Monkey on MSN
9h
Meta Platforms, Inc. (META) Cuts Subscription Prices and Introduces New Free, Less-Personalized Ad Option in EU Amid Regulatory Pressure
We recently compiled a list of the 15 AI News You Missed This Week. In this article, we are going to take a look at where ...
19h
on MSN
Meta cuts EU ad-free subscription price by 40% for Facebook and Instagram
On Tuesday, Meta announced that it is reducing the price of a monthly subscription for its ad-free tier in the EU by 40 ...
22h
Meta Unveils Less-Tailored Ads to Allay EU’s Worries
Meta Platforms Inc. is rolling back ad targeting for European users in a bid to address European Union concerns over the ...
1d
on MSN
Meta taps US, UK universities to test VR in education, creates digital twin ‘metaversities’ in Europe
Meta has launched a new partnership with a slew of universities in the U.S. and U.K., as it looks to ingrain VR across the ...
3d
Will Meta Platforms Enact a Stock Split in 2025?
One company that has never split its stock but may consider doing so in 2025 is Meta Platforms ( META 0.28%), formerly known ...
6d
A decade and $22 billion later, Meta's big bet on messaging is finally starting to pay off
WhatsApp is helping Meta generate new revenue growth, and it shows how the company can benefit as users move from public ...
13h
on MSN
Europe’s DMA forces Meta toward ‘less personalized ads’
Meta, under legal pressure in the European Union over a binary "pay us or consent to ad tracking" choice it currently offers regional users of its social ...
Digital Trends on MSN
11h
I have Meta Quest 3S and this is the best VR accessory yet — it’s on sale
Ahead of the holidays and some prime family time, I’ve picked up the
Meta
Quest 3S. So far, my family is absolutely loving ...
12h
Former Meta Wearables Pro Comes To OpenAI For Device Design
A spate of news pieces around model leader OpenAI shows that the company may be developing more towards robotics and ...
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