Meta company headlines, earnings, strategy, leadership, and market-moving business updates.
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Meta is reportedly working on a dedicated prediction markets application that would extend the company’s reach beyond social media into event-driven betting-style trading.
THE APEX TIMES
THE APEX TIMES
A New York Times report says Mark Zuckerberg asked a small group at Meta to develop a smartphone app aimed at trading predictions, in a format compared to Polymarket and Kalshi. Meta has not publicly detailed the effort.
THE APEX TIMES
Meta is pouring money into artificial intelligence at an unusually high pace, yet the timing and shape of returns remain harder to see than the size of the bill.
THE APEX TIMES
The move, reported by Yahoo Finance, would put fresh funding behind Cred while also coinciding with leadership changes at both Cred and WhatsApp.
THE APEX TIMES
Meta said Tuesday it is launching a new set of smart glasses, including a collaboration with Kylie Jenner, as the company looks for new ways to make wearable computing more mainstream.
THE APEX TIMES
Yahoo Finance reports Meta awarded option packages to six executives totaling up to $921 million per person, shortly before the company reduced headcount by 8,000 as it posted a record $56.3 billion quarter.
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The companies said their latest line builds on an existing portfolio of AI glasses, targeting consumers who may find current smart eyewear too niche or costly.
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European Commission plans to intensify a probe into Meta’s social media platforms, alleging they are engineered to keep children engaged, according to a Bloomberg report carried by Yahoo Finance.
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Virtuix says its Omni One system, branded “Made for Meta,” is designed to bring less-restricted movement to Meta Quest users as hardware partners seek tighter alignment with Meta’s certified ecosystem.
