Meta - Asia Tech Wire

Meta

2025.02.05

04:51

"Mark Zuckerberg of $META removed tampons from men's restrooms. Meta employees put them back"

2025.02.03

20:59

Meta Platforms (META.O) Chief Technology Officer: 2025 is the year that determines the success or failure of the Metaverse.

11:20

BofA Securities raised its price target on Meta Platforms (META.O) to $765 on solid quarterly results.

2025.02.01

10:28

Meta discloses Ray-Ban smart glasses sales data for the first time, with more than 1 million pairs sold last year

Meta CEO Mark Zuckerberg recently announced the sales data of Ray-Ban smart glasses for the first time, saying that more than 1 million pairs of Ray-Ban smart glasses will be sold in 2024.

10:09

ChatGPT's paid subscriber base nearly triples to 15.5 million

OpenAI recently told some shareholders that despite facing competition from chatbots made by Google, Anthropic and Meta Platform, the number of paid subscribers to ChatGPT has nearly tripled from 5.8 million a year ago to 15.5 million in 2024.

10:01

According to The Information: Meta Platforms (META.O) CEO Mark Zuckerberg told employees on Thursday that Meta sold more than 1 million pairs of Ray-Ban smart glasses in 2024, the first time the company disclosed sales data for the product.

07:12

The three major U.S. stock indexes all closed slightly lower, with the Dow Jones Industrial Average posting three consecutive weekly gains

The three major U.S. stock indexes all closed slightly lower, with the Dow Jones Industrial Average down 0.75%, up 0.27% this week, achieving three consecutive weekly gains; the S&P 500 fell 0.5%, down 1% this week; the Nasdaq fell 0.28%, down 1.64% this week. Large technology stocks rose and fell, with Nvidia falling more than 3%, Intel falling more than 2%, and Apple falling slightly; Tesla, Google, and Amazon rose more than 1%, and Netflix and Meta rose slightly.

03:36

Market news: Apple (AAPL.O) has abandoned its plan to develop AR glasses connected to Mac. Apple's project, code-named N107, was originally intended to compete with Zuckerberg's Meta device.

03:16

Sources: Meta Platforms (META.O) is in talks to re-register in Texas and exit Delaware.

2025.01.31

16:23

Meta CEO Zuckerberg: 2025 is a key year for AI glasses

On January 30, Meta announced its fourth-quarter results and held an analyst conference call. According to media reports, Meta CEO Zuckerberg said in a conference call that 2025 will be a key year for whether AI glasses can be mass-produced. In Zuckerberg's view, 2025 will be a decisive year. In this year, we will see whether the market can embark on a path leading to hundreds of millions or even billions of AI glasses users, making glasses the next generation of computing platforms. At the same time, Meta has high hopes for Ray-Ban Meta AI glasses, believing that it may be the next major field, and hopes to determine its market potential this year. In China, there are also many people in the industry chain who believe that 2025 will be the year when AI glasses will explode.

14:25

Meta x Ray-Ban smart glasses global sales exceed 1 million pairs

During the earnings call, Zuckerberg revealed that the sales of smart glasses jointly launched by Meta and Ray-Ban have exceeded 1 million pairs, and plans to increase sales to 2 million pairs this year and further to 5 million pairs later.

00:22

Goldman Sachs: Raise Meta Platforms (META.O) price target from $688.00 to $765.00.

2025.01.30

15:13

Meta's Frankfurt-listed shares rose 2.5 percent after its fourth-quarter revenue beat expectations.

14:39

Jefferies: Raised Meta Platforms (META.O) price target from $715 to $810.

12:52

Scotiabank: Raised Meta Platforms (META.O) price target to $627 from $583.

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