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The Latest Breaking News from Meta

Will Google be third time lucky with new, AI-powered smart glasses?

It has been over a decade since Google Glass smart glasses were announced in 2013, followed by their swift withdrawal – in part because of low adoption. Their subsequent (and lesser known) second iteration was released in 2017 and aimed at the workplace. They were withdrawn in 2023.

The Conversation

Meta is shutting down its Horizons VR for businesses - I doubt it will be missed

Meta is pulling Horizon Workrooms as it backs out of the commercial VR business to focus on consumer products.

TechRadar

Wikipedia signs deals with Amazon, Meta, Microsoft, saying AI firms should pay 'fair share'

The founder of the platform says large language models have been ‘hammering’ Wikipedia’s servers and AI companies should “chip in and pay fair share”.

Euronews

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Social media platforms removed 4.7 million accounts after Australia banned them for children

Social media companies have revoked access to about 4.7 million accounts identified as belonging to children in Australia

The Independent UK

Airbnb seemingly confirms Apple’s self-driving car — and what it reveals about Apple’s AI shift, and Airbnb’s future

Airbnb's most recent hiring announcement inadvertently, and seemingly, confirms Apple’s long-rumored self-driving car project while offering new context around Apple’s evolving AI strategy and where Airbnb sees its AI ambitions.

TechRadar

‘It Makes No Sense To Me’: Nvidia’s Jensen Huang Slams Americans Who ‘Vilified Energy,’ Praises Trump for ‘Sticking His Neck Out’

Jensen Huang outlines how energy capacity underpins AI leadership, reframing U.S.–China competition as an infrastructure and industrial challenge.

Barchart

Meta isn't giving up on VR, but it just evaporated any goodwill it had left

Meta laid off most of its first-party development studios and seemingly shuttered developer funding, leaving many to wonder what's next for the Quest.

Android Central

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Meta plans to double production of Ray-Ban smart glasses to meet soaring demand

Meta is set to escalate production of its popular Ray-Ban smart glasses to nearly 20 million units this year, responding to soaring demand.

Android Central

Oklo’s Meta Deal De-Risks the Story—Rebound Setup Emerging

Oklo is on track for a robust rebound as institutions accumulate, analysts lift targets, and short-sellers cover their positions.

MarketBeat

After an 82% Rally, Can Apple and Walmart Agreements Push Google Stock Higher?

Alphabet’s growth prospects remain compelling. AI-led momentum and custom hardware could drive durable earnings growth.

Barchart

Social media ban a 'success' with 4.7m accounts blocked

Australia's online safety watchdog has compared new social media age restrictions to vehicle speed limits as data shows the scale of the under 16s ban.

AAP

Meta Compute: Inside Zuckerberg’s Massive Data Center Bet

Zuckerberg just announced Meta Compute, the company's initiative to greatly expand its AI infrastructure capacity. See the potential benefits and drawbacks.

MarketBeat

‘It’s AI blackface’: social media account hailed as the Aboriginal Steve Irwin is an AI character created in New Zealand

More than 180,000 people follow the Bush Legend’s accounts across Meta platforms, but its Aboriginal host is a work of digital fiction

The Guardian - AU

How AI-generated sexual images cause real harm, even though we know they are ‘fake’

Many women have experienced severe distress as Grok, the AI chatbot on social media site X, removed clothing from their images to show them in bikinis, in sexual positions or covered in blood and bruises. Grok, like other AI tools, has also reportedly been used to generate child sexual abuse…

The Conversation

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Windows Central

Facebook rebranded to Meta for VR — now it's laid off 1,000 people and shut down 3 VR game studios to catch up with AI

Meta is shutting down three of its video game studios and laying off 1,000 people from its virtual reality department to focus and channel those resources into AI and wearable technology.

TechRadar

Meta sets up 'top-level' Compute initiative to make sure its AI data centers get all the power they need - Zuckerberg promises 'tens of gigawatts this decade, and hundreds of gigawatts or more over time'

Meta Compute will oversee AI infrastructure expansion, unify leadership, and plan for tens to hundreds of gigawatts over the next decade.

TechRadar

Meta just killed some of its best Quest 3 game studios — and convinced me to buy a Steam Frame instead of a Quest 4

Meta just closed several VR studios, but VR gaming isn’t dead yet (I hope).

Barchart

As Mark Zuckerberg Unveils Meta Compute, Should You Buy, Sell, or Hold META Stock?

Meta’s new initiative, backed by massive AI data‑center and nuclear‑power commitments, keeps META in buy‑or‑hold territory for long‑term investors.

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GamesRadar

Meta closing its Deadpool VR, Resident Evil 4 VR, and Asgard's Wrath studios is bad news for Quest 3 owners, but plays right into Steam Frame's hands

Meta has shut down three of its most significant VR game studios. While that's not great news for Quest 3 owners, it's excellent news for Valve's Steam Frame.

International Business Times

Meta Reduces Reality Labs Workforce While Pivoting to AI-Powered Glasses

Meta cuts over 1,000 Reality Labs jobs to focus on AI-powered smart glasses and mobile metaverse experiences.

MarketBeat

Power Struggle: Why Big Tech Is Buying Nuclear Stocks

Silicon Valley giants are directly funding nuclear energy infrastructure to guarantee the power needed for the next generation of artificial intelligence.

Fortune

The ‘Magnificent 7’ are dying, and Wall Street is pretty happy about it

But the dominance of the Mag 7 is likely to come to an end this year, many on Wall Street believe—if only because their valuations can’t exponentially go up forever.

The Independent UK

Ex-Meta boss warns social media has become a ‘poisoned chalice’

IN FULL

Evening Standard

Sir Nick Clegg takes swipe at Instagram and calls for tougher tech regulation

Sir Nick criticised the ‘TikTokification’ of Instagram, which is owned by Meta, where he claimed users were being ‘bombarded’ by content.

The Independent UK

Former tech insider warns social media has become a ‘poisoned chalice’

Sir Nick Clegg criticised Instagram for bombarding users with content that appears to be "much worse, particularly for younger people’s mental health"

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