By Katie Paul and Jeff Horwitz NEW YORK/SAN FRANCISCO, Feb 23 (Reuters) - Meta executives proceeded with a plan to encrypt the messaging services connected to its Facebook and Instagram apps despite internal warnings that it would hinder the social media giant’s ability to flag child-exploitation cases to law enforcement,

Meta is still growing fast and producing significant cash, but investors seem spooked by the social media company's capital-intensive AI spending spree.

Meta has agreed to deploy up to 6 gigawatts of AMD Instinct GPUs to build out its AI technology development and models.

In early 2022, Meta (NASDAQ: META) quietly shut down one of its most ambitious financial experiments. Meta was exploring a stablecoin project called "Diem," a rebranded version of its original Libra stablecoin initiative, launched in 2019.

Commentary: Meta's pushing its metaverse platform almost entirely to phones. It's the latest sign of a massive shift in the company's focus.

Last week, Nvidia (NASDAQ:NVDA | NVDA Price Prediction) and Meta Platforms (NASDAQ:META) expanded their partnership, with Meta committing to millions of Nvidia GPUs for its AI data centers. The news sent Advanced Micro Devices (NASDAQ:AMD) stock tumbling about 3%,

After betting heavily on the metaverse—and spending billions building it—Meta recently pivoted. Here are leadership lessons from their move.

Meta could launch an AI-powered smartwatch in 2026, marking a return to wearables after scrapping earlier plans amid metaverse-focused restructuring and cost-cutting efforts. The post Meta could launch a smartwatch in 2026,