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The Latest Breaking News from Meta

Keir Starmer's social media ban 'about saving his own skin', charity boss says

KEIR Starmer’s ban on social media for everyone under 16 is not supported by experts or evidence but is being done to save his own skin, according…

The National (Scotland)

Meta's 8000 Layoffs: Unhappy Staff Hope To Be Axed Despite Record Profits

Meta is cutting 8,000 jobs despite record profits, causing employee frustration. The layoffs coincide with heavy AI investment, raising concerns about company priorities and job security.

International Business Times UK

Fired by Meta, Then Detained by ICE: Ex-Colleagues Raised Alarm Over Missing Worker

A Meta-linked worker's detention by ICE has sparked internal discussions on immigration enforcement and the vulnerability of support staff in tech industry labour networks.

International Business Times UK

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Meta Leases Massive Data Center From Reliance to Boost AI Infrastructure. All That Money Is Buying Muscle for META Stock.

Meta Platforms is planting a bigger flag in India as its AI spending climbs into the hundreds of billions.

Barchart

UK Bans Social Media Use For Anyone Younger Than 16

The British government announced age restrictions for social media, saying that platforms disrupt childhoods and are designed to be addictive.

International Business Times

UK bans under-16s from using social media apps including TikTok and YouTube

Prime Minister Keir Starmer said Britain will ban children under 16 from using social media apps like Snapchat, TikTok, and YouTube from early next year

AAP

After Axing 8,000 Jobs, Mark Zuckerberg Admits Meta 'Made Mistakes' In AI Overhaul

Meta CEO Mark Zuckerberg admits to mistakes in the company's AI transition, following major restructuring and job cuts. He reassures employees of stability while planning further AI investments.

International Business Times UK

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'It's Literally the Gulag': Furious Meta Employees Speak Out on 'Soul-Crushing' AI Jobs

Meta Platforms is facing employee unrest as it cuts jobs and expands its AI unit, with workers expressing dissatisfaction over new roles and intrusive monitoring practices.

International Business Times UK

Social media firms cast doubt on effectiveness of Starmer’s social media ban

Leading tech firms warned that a blanket ban on social media for under-16s could drive them into unregulated online spaces.

Evening Standard

Meta to Follow Alphabet's Footsteps? What an Equity Raise Could Mean

After Alphabet's large equity funding round, see what an equity raise could mean for Meta Platforms as both firms rabidly pursue AI growth.

MarketBeat

BBC Layoffs: Around 2,000 jobs at risk as broadcaster plans 10% cost cuts; Who may lose their jobs and why

BBC Layoff 2026: The BBC is preparing to cut approximately 2,000 jobs, equivalent to around 10% of its workforce costs, as part of a wider plan to reduce spending by £500 million over the next two years. The broadcaster's news division is expected to be among the hardest hit, with…

The Economic Times

SpaceX FOMO Hits Investors After Record IPO: These 3 AI Stocks Offer Better Value

A Motley Fool analyst believes Amazon, Meta, and Nebius offer better long-term AI investment opportunities than SpaceX, despite its record-breaking IPO debut.

International Business Times UK

Gina Rinehart makes ‘significant investment’ in Elon Musk’s SpaceX

Australian billionaire says investment reflects her confidence in world’s first trillionaire after his record-breaking IPO

The Guardian - AU

Trump celebrates 80th birthday with Iran deal and UFC cage fight on the White House South Lawn

Trump delayed his attendance to the French region of Evian where leaders of the Group of Seven – or G7 – are set to meet to host his UFC fight birthday event.

Euronews

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The Independent UK

Big-name celebrities were invited to Trump’s UFC White House event. Very few turned up

Adam Sandler, Guy Ritchie and Tom Brady were rumored to be invited by UFC boss Dana White, but they appeared to snub the unprecedented birthday bash

Evening Standard

Trump celebrates 80th birthday with Iran peace deal and White House cage fights

British boxing star, Tyson Fury, was among the guests in Washington, wearing a Donald Trump for prime minister baseball hat.

The Economic Times

‘I lost my job to AI’: 24-year-old Meta data scientist says layoff was more relief than pain, big tech jobs are no longer safe

Layoff news: A 24-year-old Meta data scientist, Moyan Chen, believes AI contributed to her layoff after less than a year. The experience has led her to question the security of big tech jobs and rethink her career path, recognizing AI's profound impact on the future of work.

The Canberra Times

Social media is stealing our kids' lives. We need to steel ourselves

The emotions of teens blocked from social media are real.

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The Guardian - UK

Why is the UK launching an ‘Australia plus’ social media ban and how will it work?

Government wants to back parents against tech companies though some feel the process has been rushed

Barchart

Corning’s Amazon Deal Validates the AI Optics Boom. What That Means for GLW Stock.

Corning’s latest Amazon agreement strengthens the case that fiber optics demand is becoming a major AI infrastructure growth driver.

Tom’s Hardware

Amazon says its data centers consume only 0.075% of the water Americans use for watering their lawns and gardens — company also boasts of its improvements in water efficiency

Amazon says that it uses 2.5 billion gallons of water annually for data center cooling but compares it to the 3.3 trillion gallons of water used for watering lawns and gardens in the U.S. every year.

The Economic Times

Two phones and an app: How Russians skirt Putin's digital iron curtain

Since the Kremlin ratcheted up control over the internet this year, Russians have been turning to increasingly convoluted technical solutions to circumvent state monitoring and restrictions on popular foreign apps like Meta Platforms' WhatsApp and the Telegram messenger.

The Economic Times

Mag 7? MANGOS? SpaceX forces name rethink on Wall Street's tech-stock moniker

SpaceX's massive $2 trillion IPO has challenged the 'Magnificent Seven' moniker, as its valuation now surpasses Tesla and Meta. With other tech giants like OpenAI and Anthropic poised for public debuts, market strategists are scrambling for new labels. While some propose 'MANGOS' or 'Magna Atoms', others believe the 'Magnificent Seven'…

Barchart

TSMC Revenue Surges 30% in May on Relentless AI Demand. TSM Stock Is Still Undervalued Here.

The world's most important chipmaker just gave investors another reason to believe the AI boom is far from over.

Barchart

Amazon Just Made Its Graviton5 Processor Generally Available to Customers. What This Means for AMZN Stock.

Amazon's Graviton5 processor can advance its custom silicon strategy designed to deliver better performance and lower costs for AWS workloads and AI infrastructure.

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