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BullDigest's May 16 Post-Market Summary of Meta Platforms, Inc.

  • 16.05.2025 22:07
  • bulldigest.com
  • Keywords: Post-Market, Summary, Meta Platforms, Inc.

Check out BullDigest's May 16 Post-Market Summary of Meta Platforms, Inc.. We provide a summary of the key news from market opening hours.

Post-Market SummarySPOTsentiment_satisfiedMETA

Estimated market influence

Steel Dynamics Inc.

Negativesentiment_dissatisfied
Analyst rating: N/A

Glenn Pushis retires, Miguel Alvarez appointed

McBride Capital Partners

Positivesentiment_satisfied
Analyst rating: N/A

Glenn Pushis becomes CEO of Project Aero

Delta-Cardiff Volunteer Fire Company

Neutralsentiment_neutral
Analyst rating: N/A

Responded to ATV accident

social media companies

Negativesentiment_dissatisfied
Analyst rating: N/A

Cite privacy concerns, require court order for data access

Spotify

Spotify

Positivesentiment_satisfied
Analyst rating: Buy

Removing fake podcasts promoting illegal pharmacies

MetaOptics Technologies

Positivesentiment_satisfied
Analyst rating: N/A

Using nanophotonics and AI to create metalenses

Meta

Meta

Neutralsentiment_neutral
Analyst rating: Strong buy

Requesting dismissal of antitrust case, defending acquisitions

Cellcom

Negativesentiment_dissatisfied
Analyst rating: N/A

Service outage for over 24 hours

Meta (Privacy Engine)

Positivesentiment_satisfied
Analyst rating: N/A

Explaining privacy compliance requirements

Context

1. Steel Dynamics Leadership Transitions

  • Glenn Pushis retires as SVP of special projects at Steel Dynamics Inc. (SDI) on Oct. 1st, becoming CEO of McBride Capital Partners' Project Aero (titanium manufacturing).
  • Miguel Alvarez is appointed SVP of SDI's aluminum group, leading aluminum operations from Oct. 1st.
  • SDI will announce a new leader for its metals recycling platform soon.

2. Bereaved Mother's Data Bill Campaign

  • Ellen Roome campaigns for UK Data Bill amendment to grant bereaved parents access to deceased child's social media data within 12 months.
  • Current law deletes phone data after 90 days; social media companies resist, citing privacy concerns and requiring court orders.
  • Online Safety Minister states Coroners can now request data from social media providers.

3. Spotify Podcast Drug Sales

  • CNN reports fake Spotify podcasts promoting illegal pharmacies selling prescription drugs without prescriptions.
  • Spotify removes violating content, aligning with its policy against illegal and spam content.
  • Lawmakers urge action on illicit drug sales on social media platforms.

4. Savvy Shopper's Guide to Beating Tariff Prices

  • Used or open-box electronics are recommended to save money due to tariff uncertainties.
  • Best options: certified retailers with warranties, refurbished products, and in-person inspections for laptops and TVs.
  • Advice: avoid used power supplies/storage drives; check screens and battery reports for consoles; consider recertified peripherals.

5. MetaOptics Lens Technology

  • MetaOptics Technologies in Singapore uses nanophotonics and AI to create single-layered glass metalenses, replacing bulky plastic lenses.
  • Advanced Color Metalens Imaging System etches nanopillars onto glass, improving color accuracy and reducing size/weight.
  • AI enhances images in real-time; system cuts costs by up to 50%, reduces waste, and offers on-device processing for privacy.
  • Features include a 70-degree field of view and direct laser writer.

6. Pokémon TCG Destined Rivals Preview

  • Pokémon TCG Destined Rivals set releases on May 30th, featuring Team Rocket themes with 83 cards.
  • Set includes over 240 cards: 23 Illustration Rares, 11 Special Illustration Rares, 17 Pokémon ex cards (10 Trainer’s), and 6 Hyper Rare gold cards.
  • Key cards: Shaymin (Flower Curtain Ability), Yanmega ex, Ethan's Typhlosion, Cynthia's Garchomp ex, and Marnie's Grimmsnarl ex.
  • Products: Booster Boxes ($161.64), Elite Trainer Boxes ($59.99), Booster Bundles ($26.94), Blister Packs ($13.99), and Booster Packs ($4.49).

7. Meta FTC Antitrust Case

  • Meta requests dismissal of FTC antitrust case mid-trial, arguing FTC failed to prove monopoly power or degraded user experience.
  • Meta claims users prefer ads and the FTC didn’t demonstrate a "right number of ads."
  • defends Instagram and WhatsApp acquisitions, stating they thrived under Meta’s resources.
  • FTC seeks $30B settlement and demands Instagram and WhatsApp be spun off.

8. Cellcom Service Outage

  • Cellcom experiences prolonged voice and SMS outage, with "meaningful progress" made after over 24 hours.
  • Data services, iMessaging, RCS messaging, and 9-1-1 remain functional.
  • Emphasizes data security and efforts to restore services and trust.

9. Privacy Engine Compliance

  • Shaurya Sengar of Meta highlights modern privacy compliance requiring real-time systems.
  • Key components: data location, user choice, system guardrails, visibility, and shared responsibility.
  • Benefits include speed, trust, partner attraction, and cost savings.