Business

Meta profits soar but costs of AI cause worry

Facebook-owner Meta on Wednesday said its quarterly profits soared last quarter, but worries about the cost of artificial intelligence saw its share price take a hit on Wall Street.

Business

Meta asks US judge to toss blockbuster antitrust case

Facebook giant Meta on Friday asked a federal judge to dismiss a case from a powerful US antitrust authority that could see the social media juggernaut forced to sell Instagram and WhatsApp.