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The Latest Breaking News from Meta

Meta executives could earn nearly $1 billion each if they hit goals in pursuit of a $9 trillion valuation

Moonshot compensation was once reserved for CEOs. Not anymore.

Fortune

Meta Platforms Just Cut Jobs. Does That Make META Stock a Buy, Sell, or Hold Before Q2 Starts?

Despite job cuts and heavy AI investments, analysts still see meaningful upside for META stock if growth continues.

Barchart

Meta to fund seven new natural gas power plants to fuel AI data centers — Entergy partnership to deliver 7 gigawatts of power for Louisiana AI facility

Meta is paying for the construction of seven new natural gas plants to supply its largest data center, massively expanding the fossil fuel infrastructure underpinning its AI buildout.

Tom’s Hardware

From analysis to the latest developments in health,
read the most diverse news in one place.

Voices: ‘Social media needs a health warning’: Readers on kids’ rising screen time

YOUR VIEWS: Amid rising pressure on social media companies and new government guidance to limit screen time for under-fives, our community warns that addictive phones and social media pose problems for both children and adults

The Independent UK

‘The era of invincibility is over’: the week big tech was brought to heel

Ruling that Meta and YouTube deliberately designed addictive products marks possible watershed moment for big tech

The Guardian - UK

Meta orders 10 gas-fired power plants for its Hyperion AI campus in rural Louisiana—more than triple the initial plans

The Meta AI complex represents an over 30% increase to Louisiana’s total power grid capacity.

Fortune

'The next evolution of the Arm compute platform': AGI CPU is Arm's first in-house AI chip, Meta and OpenAI sign up as early clients — and it might have picked the perfect time to launch

Arm introduces its first in-house AGI CPU, offering high-density performance and gaining early backing from major companies, including Meta and OpenAI.

TechRadar

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Meta promised it wouldn’t spy on you with its AI smart glasses. A lawsuit says humans are watching you, actually

A bombshell investigation into Meta’s AI training pipeline found overseas contractors watching footage from the smart glasses.

Fortune

Has Meta Platforms Become Addicted to AI Spending?

Meta is aggressively ramping up its AI spending, even as new rounds of layoffs hit. The company's costly metaverse experiment is echoing loudly, though analysts maintain a positive consensus with a mean price target suggesting substantial upside.

Barchart

Why small business is fighting back against Meta bans

After months of being locked out of her business social media accounts, an Australian hairdresser has finally regained access but she's one of the lucky ones.

AAP

One penguin that isn't suitable for kids? Linux will now carry out age verification checks

Recent systemd updates store user birth dates for age verification, causing debate across Linux distros over legal compliance and privacy concerns.

TechRadar

Meta Stock Slips 30% Below Highs. Should You Buy, Hold, or Sell Now?

Legal battles and massive AI spending are turning Meta into a risk-reward play.

Barchart

The Guardian view on social media in the dock: tech bros move fast – society is trying to catch up

Editorial: Two court cases have shown how companies can be forced to take responsibility for their impact on public health

The Guardian - UK

Big Tech Just Got Hit—Why This Lawsuit Could Change Social Media Forever

Though the damages from the recent social media trial involving Meta and Google are in the millions, the potential implications are much larger.

MarketBeat

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The Guardian - UK

At last, David has landed a double punch on the tech Goliaths. Now to hit them even harder

The US court verdicts declaring Meta liable for getting people addicted and ruining lives must be just the start of a global fightback, says Guardian columnist Jonathan Freedland

Fortune

Mark Zuckerberg has cut 25,000 jobs at Meta since 2022. Here’s what that says about his leadership

Zuckerberg has swung from empathetic apologies to ruthless efficiency when it comes to layoffs.

Barchart

Stocks Falter as Iran War Pushes Energy Prices and Bond Yields Higher

The S&P 500 Index ($SPX ) (SPY ) today is down -0.79%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.81%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.12%. June E-mini S&P futures (ESM26 ) are down -0.74%, and June E-mini Nasdaq futures...

Reason

Taylor Lorenz: Is Social Media Responsible for Bad Parenting?

Tech journalist Taylor Lorenz discusses the Meta trial, the moral panic around social media, and the risks of regulating online speech.

Get all your
news in one place.

100's of premium titles.
One news app.

Barchart

Stocks Fall and Bond Yields Rise on Concern About a Protracted Iran War

The S&P 500 Index ($SPX ) (SPY ) today is down -0.74%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.87%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.94%. June E-mini S&P futures (ESM26 ) are down -0.90%, and June E-mini Nasdaq futures...

The Guardian - AU

It is no fluke that social media platforms are addictive and causing harm. They were designed that way

The findings in two US court cases should embarrass anyone who claimed Australia’s social media ban was ‘boomer’ moralising

GamesRadar

Meta sends more mixed signals about its future in VR with more layoffs at Reality Labs, while its director of games told GDC, "We've a lot going on – new hardware, new audiences, new games"

Meta is laying off even more of its VR division, even while its director of games was heard at GDC this month with an optimistic outlook for the future.

The Independent UK

AI's arrival complicates Big Tech climate goals, and some worry it's locking in more fossil fuels

Tech companies set ambitious climate goals at the start of the decade, promising to slash emissoins that contribute to global warming

Barchart

A $25 Billion Reason to Buy ARM Stock Now

With a breakthrough AI chip and a bold $25 billion long-term revenue vision, Arm is quickly turning into a stock investors can’t afford to ignore.

Barchart

Snap Stock Hits New 52-Week Low as Social Media Shares Plunge. Should You Buy the Dip?

Snap shares fell further as a California jury fined Google and Meta in a landmark social media addiction case. But is it worth buying the dip in SNAP stock? Let’s find out.

Reason

No § 230 Immunity for Meta's AI-Generated Ads

From Tuesday's decision by Chief Judge Richard Seeborg (N.D. Cal.) in Bouck v. Meta Platforms, Inc.: This case is the… The post No § 230 Immunity for Meta's AI-Generated Ads appeared first on Reason.com.

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