Google Struck $10Bn Deal With Meta for Cloud Computing

August 22, 2025

Catenaa, Friday, August 22, 2025- Google has struck a six-year cloud computing deal with Meta Platforms worth more than $10 billion, Reuters reported Thursday. This is the search giant’s second big agreement recently, after one with OpenAI, and under the agreement, Meta will use Google Cloud’s servers, storage, networking and other services, the report said, […]

Meta Revenue Jumps Over 21% Outperforming Market Expectation

July 31, 2025

Catenaa, Thursday, July 31, 2025- Meta, parent company of Facebook, reported its second-quarter earnings on Wednesday, where its revenue jumped by over 21.5% year-over-year, outperforming market expectations. For Q2, Meta saw earnings per share (EPS) of $7.14 on revenue of $47.5 billion. Analysts were anticipating EPS of $5.89 on revenue of $44.83 billion, according to […]

Meta Won’t Sign EU AI Agreement Due To Add Of Uncertainities

July 18, 2025

Catenaa, Friday, July 18, 2025- Meta Platforms declined to sign the European Union’s (EU) artificial intelligence (AI) code of practice because it is an overreach that will “stunt” companies, the company said on Friday. “Europe is heading down the wrong path on AI,” Meta Global Affairs Chief Joel Kaplan wrote in a post on LinkedIn. […]