Meta Stock Plunges
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Immersive productivity for Windows 11 is now available on the Meta Quest 3 and 3S with the latest release of Meta's Horizon OS. The feature, called Mixed Reality Link, was available on a limited basis after public previews began last year.
Meta is looking to raise at least $25 billion from a six-part bond sale, hot on the heels of a disappointing earnings report. The social-media company said proceeds from the sale would be used for general corporate purposes.
Meta plans to spend up to $72 billion on AI infrastructure this year, with CEO Mark Zuckerberg defending the long-term strategy.
As Meta Platform Inc. shares tumbled Thursday in the wake of its earnings report, investors were on alert for potential carnage in the stocks of other tech giants. Meta shares fell as much as 12% earlier in the session,
Louisiana approved Meta's $10 billion project in August, saying it would bring "hope" for economic growth, but some experts say the center's power demands will raise customers' power bills statewide.
The move comes after Strike 3 Holdings discovered illegal downloads of some of its adult films on Meta corporate IP addresses, as well as other downloads that Meta allegedly concealed using a “stealth network” of 2,
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