Meta's new generative AI tools for its Advantage+ platform signal a deeper push into full ad automation, a vision met with skepticism over past performance and brand safety concerns.

Social media giants Meta (META) and Bytedance-owned TikTok have announced a new set of AI tools that can generate professional video ads by inputting pictures and text, according to a report by Bloomberg.

We catch up with the boss of the tech company’s global business group at Cannes Lions following its most recent AI update for advertisers.

Meta has sued the maker of a popular AI "nudify" app, Crush AI, that reportedly ran thousands of ads across its platforms.

Reddit stock has been on a rollercoaster and acted like a meme stock for a minute there, but there's context behind it, and if anyone here watches Bloomberg, you know their catch phrase: context changes everything. So, the following is meant to provide some context on what has happened with Reddit over the past few months.

Shares of Meta Platforms, the top performing stock in the Magnificent 7 this year, got a boost Monday as the tech giant announced plans to introduce paid advertising to WhatsApp, opening up a new revenue stream.

Meta’s massive AI investments lift its stock, but rising valuations and macro risks prompt questions about how long the rally can last.

Will Cathcart, head of Meta's subsidiary, announced the launch of WhatsApp channels with subscriptions and advertising. He says the rollout of artificial intelligence does not compromise the privacy of encrypted messaging.

Staying in the AI race is crucial for Meta, Google, Amazon and Microsoft, with the technology likely to be the future for the industry.

Meta Platforms stands out as a top AI stock because of its attractive valuation. With a forward price-to-earnings ( P/E) ratio of 25, Meta trades at a large discount to its Magnificent Seven peers, including Apple, Amazon, Microsoft, and Nvidia, which average an earnings multiple closer to 32.

Oppenheimer analysts raised their price target for Outperform-rated Meta Platforms (NASDAQ:META) shares to $775 from $665 in a note Monday, citing a “better than feared” macro and advertising environment.