Meta says it's issuing a new class of shares to fund its AI initiatives. As part of its third-quarter earnings report released on Wednesday, the company says the non-voting stock will also go toward potential acquisitions and employee compensation, with trading beginning in 2027. "The scale of investment required to compete, sustain growth, expand infrastructure, […]
Meta established a new Class C of stock to ensure Mark Zuckerberg stayed as CEO. Zuckerberg has led the company's AI push.
An anonymous reader quotes a report from 404 Media: In the immediate weeks before Muse's launch, Meta engineers found several security vulnerabilities in the company's…
An anonymous reader quotes a report from TorrentFreak: Last month, Magistrate Judge Thomas Hixson ordered Meta to hand over the command histories of the servers it used…
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