META

China issued sweeping new ‌rules on Monday, ‌widening regulators' powers to scrutinise overseas ​deals involving Chinese investors, technology, data and national security, a month after ‌Beijing ordered ⁠the unwinding of Meta's acquisition of ⁠AI startup Manus. The rules, published by the ​State Council, ​or ​cabinet, will take ‌effect from July 1. One of the most significant requires authorisation for exports of restricted ‌Chinese goods, technologies, ​services or ​related ​data.

European consumer groups have filed coordinated complaints under the Digital Services Act against Meta Platforms, alleging insufficient action to curb financial scams on its services. The complaints call for a regulatory investigation and potential penalties from the European Commission, which could affect Meta's operations in a major market. Meta Platforms trades on the NasdaqGS under the ticker NasdaqGS:META, with a recent share price of about $632.51. For investors watching...

Fundsmith's 13F portfolio value declined to $12.83B with holdings reduced from 37 to 34; the top five holdings comprise ~38% of assets. Read the full analysis now.

We just covered the From Fired Researcher to $13.7 Billion King: How Leopold Aschenbrenner Broke the Hedge Fund World and Corning Incorporated (NYSE:GLW) ranks 23rd on this list. Corning Incorporated (NYSE:GLW) is a new addition to the 13F portfolio of Situational Awareness LP. The fund declared a new stake in the company in filings for […]

Meta Platforms Inc is expanding beyond its advertising roots by introducing paid subscriptions across Instagram, Facebook, WhatsApp, and Meta AI as the company looks to unlock new AI-driven revenue streams and deepen monetization of its massive global user base. Meta...

Meta Platforms is rolling out subscriptions for its family of apps as well as AI services. The subscriptions could drive its long-term growth and help the company monetize its AI capex.