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The Latest Breaking News from Meta

FOMC, Earnings and Other Key Things to Watch this Week

The stock market rally powered higher last week, with the S&P 500 and Nasdaq composite moving above their 50-day moving averages, buoyed by strong earnings from Microsoft and Meta Platforms. Here are five things to watch this week in the Market.

Barchart

Meta and Shopify urged to act as scale of ‘ghost stores’ preying on Australian online shoppers revealed

Exclusive: Consumer advocates call for crackdown on ‘fraudulent players’ as Guardian Australia finds scores of sites masquerading as local businesses

The Guardian - AU

Meta Fighting Nigerian Fines, Warns Could Shut Facebook, Instagram

Meta on Saturday vowed to fight Nigerian fines for various consumer data violations, reportedly threatening to cut off Facebook and Instagram in Africa's most populous country.

International Business Times

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News Weekly: Samsung teases a new foldable, Galaxy S25 Edge leak spoils the fun, and more

This week saw some major leaks, Android 16's alleged redesign, Galaxy S25's launch date and full specs leak, U.K. residents get access to Google's digital IDs, Samsung teases its new foldable, and Meta's Q1 earnings show major AI priority shift. Let's dive in.

Android Central

ICYMI: the 8 biggest tech stories of the week, from ChatGPT's shopping upgrade to GTA 6 delays

The week's 8 biggest tech stories from Nothing, OpenAI, Netflix, Starlink and more for May 3, 2025.

TechRadar

Energy use in a Kuwaiti city fell by over 50% after authorities cracked down on crypto mining

Over 100 houses are allegedly hosting crypto mining activities, with some of them using up more than 20 times the normal power consumption of the average Kuwaiti home.

Tom’s Hardware

Mark Zuckerberg says Meta is developing AI friends to beat "the loneliness epidemic" — after Bill Gates claimed AI will replace humans for most things

Meta CEO Mark Zuckerberg shared the company's broader AI vision, which may include AI friends, which would allow humans to interact with chatbots at a social level.

Windows Central

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What Mark Zuckerberg said about smartglasses this week reveals his opinion on AI

Meta is doubling down on making AI smart glasses the future of tech, but can they replace smartphones? Probably not.

Laptop

Meta’s VR division records $4.2 billion operating loss, but Ray-Ban Meta AI glasses sales soar

Another quarter, another staggering loss for Meta’s Reality Labs, but Ray-Ban Meta AI glasses are on the up

Digital Camera World

I took my Meta Quest 3 on a 3,000-mile flight so you don’t have to – here's what I learned

On a recent flight from London to Miami, I tried using my Meta Quest 3 headset –and it was a slightly turbulent experience.

TechRadar

350 Million Reasons to Buy Meta Platforms Stock After Q1 Earnings

Meta is a tech stock that crushed analyst estimates in Q1 2025. Should you buy Meta stock right now?

Barchart

$68 Billion Reason to Buy Nvidia Stock Today

Down 25% from all-time highs, Nvidia is a big tech stock that trades at a sizeable discount to consensus price target estimates in May 2025. Is NVDA stock a good buy?

Barchart

Lawyers Probe 'Dire' Conditions For Meta Content Moderators In Ghana

Lawyers are probing "dire" workplace conditions for Meta content moderators in Ghana, attorneys involved in the investigation told AFP, in what could turn into the latest dispute over the social media giant's labour practices in Africa.

International Business Times

Meta Takes A Bow With Q1 Earnings - Watch For Tariff Impact in Q2

Meta Platforms did well in Q1 in the face of economic uncertainty. Could tariffs take a bigger toll on this business that is executing to a tee in Q2?

MarketBeat

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PC Gamer

US federal judge on Meta's AI copyright fair use argument: 'You are dramatically changing, you might even say obliterating, the market for that person's work'

"I just don't understand how that can be fair use."

Barchart

Is Wall Street Bullish or Bearish on Meta Platforms Stock?

Meta Platforms has outperformed the broader market over the past year, and Wall Street analysts maintain a highly bullish outlook on the stock’s prospects.

TechRadar

A shockingly high amount of Microsoft code is now written by AI, CEO Satya Nadella admits

Microsoft joins Google by confirming a significant portion of its code is now written by AI, not humans.

Android Central

Garmin's post-tariff strategy could include pricier watches and cutbacks

Garmin's plan to "mitigate" tariffs is a perfect example of how Big Tech in general will change products to keep shareholders happy.

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PC Gamer

Meta's AI app wants to 'get to know you' and can warn you if you should be 'worried about bears'

Stop trying to make the Metaverse happen.

Fortune

Damn the torpedoes! Stocks go full speed ahead despite declining U.S. shipping and manufacturing data

Buying momentum continued in Asia and European stock markets today, and S&P futures were priced up this morning.

The Guardian - AU

Labor far outspends Coalition and Clive Palmer on Google and Meta ads amid calls for change to blackout laws

Analysis of online ad data shows parties and affiliated groups spent more than $39m for political ads across Facebook, YouTube and Google search since 28 March

The Independent UK

Mark Zuckerberg says don’t worry about loneliness epidemic because he can just recreate all your friends in AI

Meta boss said AI relationships will grow more powerful as ‘personalization loop’ kicks in

International Business Times

Prashant Tomar: A Product Leader Reimagining How Businesses Operate In The AI era

Prashant's work has been recognized across the tech and business community. He received the Product Manager of the Year Award from Globee and the India Achievers Award for Excellence in Product Management.

Barchart

Stocks Rally as Strong Tech Earnings Boost Market Sentiment

The S&P 500 Index ($SPX ) (SPY ) Thursday closed up +0.63%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.21%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.10%. June E-mini S&P futures (ESM25 ) are up +0.64%, and June E-mini Nasdaq futures...

Fortune

Stocks close higher as tech giants report profits and expansion plans

Meta and Microsoft surprised to the upside on a better-than-expected showing from AI the previous day.

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