Meta Platforms Inc. (NASDAQ: META) has announced a 21% year-over-year increase in revenue for the fourth quarter of 2024, reaching a net income of $20.8 billion. The company’s strong financial performance was driven by advancements in artificial intelligence (AI) that enhanced ad targeting and engagement across its platforms. CEO Mark Zuckerberg highlighted Meta’s AI-powered assistant, … Continue reading “Meta Platforms Inc. (NASDAQ: META) Reports Record Revenue and Strategic Shifts”
Pinterest Inc. (NYSE: PINS) is supporting California’s newly enacted Adam’s Law, or Senate Bill 1119, which establishes tougher safeguards for young people interacting with AI companion chatbots. Pinterest said the legislation represents an important step toward establishing clearer accountability for AI products designed to simulate friendship, romance or emotional dependence, particularly as concerns surrounding teen … Continue reading “SocialNewsBreaks – Pinterest Inc. (NYSE: PINS) Backs California’s New AI Protections for Teens”
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