Meta to issue new class of shares as it tightens AI spending forecast
Meta says it's issuing a new class of shares to fund its AI initiatives. As part of its third-quarter earnings report released on Wednesday, the company says the non-voting stock will also go toward potential acquisitions and employee compensation, with trading beginning in 2027. "The scale of…
Open on the live globe →Who reported it
- 2026-10-21 20:08 UTCCNA · channelnewsasia.com ↗
- 2026-10-21 21:30 UTCThe Verge · theverge.com ↗
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