US judge will not block Meta Platforms (META) layoffs in novel AI discrimination case
Newsquawk Staff ·
US judge will not block Meta Platforms (META) layoffs in novel AI discrimination case.
- [EARNINGS CALL] Meta (META) expects new AI businesses to generate incremental revenue from 2027 through subscriptions, transactions, advertising and enterprise offerings, with meaningful growth potential over time
- [EARNINGS CALL] Meta (META) CFO expects compute efficiency to improve tenfold over the next year
- [EARNINGS CALL] Meta (META) outlook; Revenue Guidance 73bln-76bln, FY 2026 Total Expenses Guidance 175bln-179bln, FY 2026 Capex Guidance 135bln-145bln (prev. 130bln-145bln)
- [EARNINGS CALL] Meta (META) CEO says Co. expects to grow Muse to serve billions of people, adding that more than 10mln people in the US and Canada have set up Muse personal agents in just a month and a half
- Meta (META) plans to introduce new nonvoting stock to fund its AI investments without diluting CEO Zuckerberg's control, reports Semafor citing sources; could be announced as soon as today alongside earnings
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