Meta said to sign -billion cloud deal with Google

Meta said to sign $10-billion cloud deal with Google

Carlos Jasso/Reuters Google has struck a six-year cloud computing deal with Meta Platforms worth more than US$10-billion, a source familiar with the matter said on Thursday. It would be the search giant’s second big agreement recently after one with OpenAI. Under the agreement, Meta will use Google Cloud’s servers, storage, networking and other services, the…

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Meta closes child abuse accounts after SA court order

Meta closes child abuse accounts after SA court order

Possessing, distributing or creating child sexual abuse material is illegal. Meta has shut down several WhatsApp and Instagram accounts in compliance with a court order over sexually explicit content being shared via the social media channel. The Facebook parent company says it will continue to engage with law enforcement over the use of its apps…

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Meta shares hit all-time high as Zuckerberg goes on AI hiring blitz

Meta shares hit all-time high as Zuckerberg goes on AI hiring blitz

Mark Zuckerberg, chief executive officer of Meta Platforms Inc., during the Meta Connect event on Wednesday, Sept. 25, 2024. Bloomberg | Bloomberg | Getty Images Meta shares hit a record high on Monday, underscoring investor interest in the company’s new AI superintelligence group. The company’s shares reached $747.90 during midday trading, topping Meta’s previous stock…

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