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Meta: Facebook’s parent company slightly missed estimates, predicts a big drop in revenue

Facebook's parent company Meta's second-quarter results came in slightly below market estimates, but it downgraded its revenue estimates for the next quarter. Specifically, Meta reported earnings of $2.46 per share, while analysts were expecting $2.59, according to...

Meta’s new AI system can translate 200 languages

Meta, the owner of Facebook, has announced that it has created a new artificial intelligence model that can translate 200 different languages. The company even claims that the system with the characteristic name "No Language Left Behind...

USA-Meta: 30% fewer engineers will be hired this year

Facebook owner Meta Platforms Inc has cut its plans to hire engineers this year by at least 30%, CEO Mark Zuckerberg told employees yesterday as he warned them to prepare for a deep decline in the...

These 10 shares of the S&P 500 ‘burned’ 4.1 trillion. investment money in the first half of 2022

The first half of 2022 ends today and investors say goodbye to it with relief, as they are not expected to miss it: during it, the S&P 500 index fell by 21.4%. But which of his shares...

Russia: Navalny blames Google and Meta for helping Putin

Imprisoned Russian opposition leader Alexei Navalny on Thursday blamed Google and Meta Platforms Inc. for cutting advertising, a move he said undermined the opposition and was therefore a gift to President Vladimir Putin. Navalny, by far the...

What was discussed at the Mitsotakis meetings with senior executives of Google and Meta

Kyriakos Mitsotakis met this afternoon with the President of Google for activities in Europe, the Middle East and Africa (EMEA), Matt Brittin. The meeting discussed the prospect of increasing Google's investments in our country, the wider...