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The Latest Breaking News from Meta

Why Meta tapped Kunal Shah; Beauty’s new factory boom

Happy Wednesday! Meta just handed WhatsApp’s steering wheel to Cred’s Kunal Shah, betting he can turn India’s favourite chat app into a payments and AI powerhouse. This and more in today’s ETtech Morning Dispatch.

The Economic Times

Zuckerberg bets on Kunal Shah for WhatsApp’s aggressive financial services, AI push

Meta's WhatsApp is set for a major financial services and AI push with Kunal Shah at the helm. This move aims to leverage AI agents and the Meta AI chatbot to drive growth, particularly in India, a key market with over half a billion users. Shah's appointment signals India's growing…

The Economic Times

Stocks Fall Again, Dragged By Chipmakers; Defensive Stocks Climb

Stocks again dropped on Tuesday, dragged by chip-related shares.

International Business Times

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Why Micron May Be the Most Undervalued Winner of the AI Boom

Micron's AI-driven surge has pushed its valuation to $1.36 trillion, with Meta and Tesla now within reach. With memory emerging as AI's biggest bottleneck, a $2 trillion valuation is becoming increasingly plausible.

Barchart

META Stock Alert: What to Know as Meta Platforms Doubles Down on Wearables With $299 Glasses

Meta stock inches up as the company unveils a more affordable $299 smart glasses. But does that warrant buying META shares today?

Barchart

Magnificent 7 Selloff Is a Buying Opportunity as AI Spending Boom Continues, Strategist Says

The Magnificent 7, which consists of Apple, Microsoft, Nvidia, Amazon, Meta, Alphabet and Tesla, remains the dominant force in U.S. equities. A strategist said the recent selloff is a new opportunity to buy them.

International Business Times

Meta's WhatsUpside Down hire: How Kunal Shah broke the Valley playbook

Silicon Valley's AI talent war saw tech giants acquire engineers. However, Meta's Mark Zuckerberg broke the mold by investing $900 million in Indian fintech startup Cred and bringing its founder, Kunal Shah, into WhatsApp's C-suite. Shah, a non-engineer with deep consumer insights, is tasked with boosting WhatsApp's payments and commerce,…

The Economic Times

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Mark Zuckerberg directed Meta to create a prediction markets app: NYT

Meta is reportedly developing a new app, codenamed 'Arena,' designed to function like prediction markets such as Polymarket and Kalshi. Initially, it will likely use a points system, with the possibility of real-money wagering later. This move taps into the growing popularity of prediction markets, which have seen significant interest…

The Economic Times

WhatsApp's future may not be invented in US but in India, one transaction at a time

Meta’s $900 million investment in Cred and the reported appointment of founder Kunal Shah to a global role at WhatsApp marks a significant shift in how the messaging platform may evolve.

The Economic Times

Why Meta’s Cred investment matters for WhatsApp Pay in India

Meta's substantial investment in Cred and appointing its founder Kunal Shah as global head of WhatsApp signals a major push into India's fintech landscape. For Meta, with Shah at the helm, there is a chance that WhatsApp's position in India, its largest market, will go beyond messaging into payments, commerce,…

The Economic Times

Meta goes it alone with cheaper Meta Glasses – and Kylie Jenner is down with that

Meta has announced its first smart glasses without third-party branding – and they're cheaper too

Anthropic engineering head says Claude Code made employees’ work a ‘lonely experience’—and it could hint at Big Tech’s bigger morale problem

Tech workers are some of AI’s biggest users and supporters, but the people using the tech the most may also be experiencing the most anxiety about it.

Fortune

Meta pauses controversial staff surveillance program after massive data leak

A tool that tracked workers’ mouse movements and keystrokes was intended to train the Facebook owner’s AI systems

The Independent UK

Meta launches budget line of AI smart glasses

Meta Platforms and EssilorLuxottica on Tuesday announced a new range of lower-cost AI smart glasses, building ‌on the success of their Ray-Ban wearable devices.

Bangkok Post

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TechRadar

Meta investigates security concerns of internal mouse-tracking tech used to track employees and train AI

An employee-tracking program will be paused, but no one knows for how long.

The Economic Times

Inside Meta's India investments: First Reliance, now Cred

This was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tech leaders. Zooming out, here’s a look at Meta’s other investments in India, one of its biggest and most lucrative markets.

The Independent UK

Meta launches its own, cheaper version of its smart glasses

Release comes ahead of rumoured plans by competitors including Apple

The Economic Times

Meta announces new range of smart glasses starting at $299

Meta Platforms on ‌Tuesday ⁠announced ⁠a new range of AI ⁠smart ‌glasses in partnership ⁠with EssilorLuxottica, starting at $299. Although built in collaboration with Luxottica, the new range of glasses are the first to not be associated with any of the eyewear firm's popular ⁠brands such ‌as Ray-Ban or Oakley.

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news in one place.

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The Economic Times

Cred founder Kunal Shah’s appointment as WhatsApp CEO sparks discussion on social media

Industry leaders welcomed the leadership transition and acknowledged outgoing WhatsApp executive Will Cathcart's contributions.

The Economic Times

Foreign influence increasing over India's fintech sector: GTRI on Meta's investment in Cred

Think tank GTRI said that the deal gives Meta a foothold in one of the country's richest repositories of consumer financial-behaviour data, covering credit cards, loans, investments, insurance, and UPI transactions. On the other hand, it said China built its digital payments ecosystem through domestic champions such as Alipay and…

Android Central

Meta is supporting your anti-Prime Day shopping by launching three AI glasses at $299, including one in partnership with Kylie Jenner

Meta just launched three new AI glasses models while dropping the Ray-Ban name and bringing Kylie Jenner into the mix.

TechRadar

'Our goal is to reach every corner of the market': Meta CTO Andrew 'Boz' Bosworth on the new $299 EssilorLuxotica Meta Glasses

Meta and Essilor Luxottica just released more stylish and much more affordable AI smart glasses, and Kylie Jenner even helped design one pair — but we had questions.

Tom’s Guide

I went hands-on with all of Meta’s new $299 smart glasses to see if they’re actually better without the logos

The smart glasses in the new Meta Glasses collection are cheaper and have an improved fit but the ultra-trendy Kylie Jenner frames completely steal the show.

The Economic Times

Intellectual curiosity & infectious optimism: Industry cheers Kunal Shah's new role as WhatsApp Head

India Inc. is celebrating Kunal Shah's appointment as WhatsApp head, hailing it as a milestone for Indian startup leadership. Industry leaders lauded his "intellectual curiosity" and "infectious optimism," noting his unique philosophy background and entrepreneurial journey. Meta's investment in his fintech firm CRED and Shah's deep understanding of consumer behavior…

Tom’s Hardware

Oracle lays off 21,000 employees in just 12 months due to AI adoption and costly AI infrastructure ambitions — says layoffs will continue as internal AI deployment grows

Oracle cut 21,000 jobs in fiscal year 2026 as AI automation and AI cloud expansions reshape its workforce and spending strategy.

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