The spending has hurt the Silicon Valley giant’s cash flow, which turned negative. Meta said it would issue a new class of stock to help it raise more money.
The penalty, one of the largest levied against a tech giant, stemmed from a lawsuit by New Mexico claiming the social media company had misled users about their data privacy.
Draft rules on the export of artificial intelligence technology show how China is trying to balance national security risks with its desire to outpace the United States.
Draft rules on the export of artificial intelligence technology show how China is trying to balance national security risks with its desire to outpace the United States.