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The Latest Breaking News from Meta

‘If you're writing code traditionally, stop. It's over': Former Google CEO Eric Schmidt explains why he is mourning as a programmer

Former Google CEO Eric Schmidt declared traditional coding is obsolete, urging developers to stop writing code manually. If you're writing code traditionally, stop, he said, explaining that top engineers now manage AI systems like Claude and Gemini. This profound shift has led Schmidt to feel a personal sense of mourning…

The Economic Times

73 Unhinged FB Marketplace Finds Deep Within The Appalachian Mountain Towns

Scrolling through local classifieds in a quiet mountain town usually reveals ordinary furniture and used trucks. Instead, digital explorers tracking regional internet listings have stumbled onto an entirely different world of bizarre items and homegrown inventions hidden deep in the hills. These highly questionable local listings feature everything from strange…

Bored Panda

Elon Musk's SPACE AI Data Centers: Genius or Dangerous Gamble?

IntroductionArtificial intelligence is quickly becoming one of the most influential technologies of the modern era. Behind every AI chatbot, image generator, and smart recommendation system lies an enormous amount of computing power. As the demand for AI grows, so does the need for larger and more advanced data centers. Elon…

MyLifeXP

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Meta's paid subscription: Soon you have to pay more for Instagram, Facebook, and WhatsApp Plus to access new features

Meta subscription: Meta has introduced paid subscription plans for Instagram, Facebook, and WhatsApp. These plans offer users extra features for a monthly fee. Instagram Plus and Facebook Plus cost $3.99, while WhatsApp Plus is $2.99. The company is also developing subscription plans for businesses and creators. This move comes as…

The Economic Times

'No email, just locked out of my laptop': Laid off Webflow employee calls out CEO, says 'I'm certain she would have the dignity to...'

Webflow CEO Linda Tong faced criticism after a Canada-based employee was locked out of his laptop and company accounts without prior notification of layoffs. The employee expressed shock, highlighting the impact on international workers. Webflow stated the lockout was a security measure preceding personal email notifications, intended to protect data.

The Economic Times

Meta lays off nearly 1,400 Washington employees in latest tech workforce cut: Check worst-hit departments, severance package and more

Meta is set to lay off nearly 1,400 employees across Washington state, including Seattle, Bellevue, and Redmond, starting July 22, 2026. This significant workforce reduction, impacting technical roles, is part of the company's strategic pivot towards AI initiatives and a broader restructuring effort. Bellevue will see the largest impact with…

The Economic Times

Meta launches paid subscriptions for Instagram, Facebook, WhatsApp

Meta has launched paid subscriptions for Facebook, Instagram, and WhatsApp, offering enhanced features like audience growth tools, premium stickers, and custom app icons. These new plans aim to diversify revenue beyond advertising, with Instagram Plus and Facebook Plus priced at $3.99/month and WhatsApp Plus at $2.99/month.

The Economic Times

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The Department of Energy Gave Oklo Stock a Win. Now the Company Just Needs to Start Delivering Power.

The U.S. Department of Energy selected Oklo for advanced negotiations in its Surplus Plutonium Utilization Program to convert surplus plutonium into bridge fuel for next-generation reactors, driving shares higher on the news.

Barchart

Meta accused of restricting sexual health and queer Instagram accounts

Instagram accounts linked to reproductive rights, sexual health and LGBTQIA+ groups have been disabled or restricted, organisations affected by the measures say.

Radio France Internationale

Meta Layoffs: Mark Zuckerberg Concedes Company Communicated Poorly as It Lays Off 8,000 Employees

Meta's massive layoffs are tied to Mark Zuckerberg's vast AI spending plans, even as he promises no further company‑wide cuts this year and admits communication has been poor.

International Business Times UK

Google joins privacy backlash and warns Canada Bill C-22 could 'break end-to-end encryption' and create a 'surveillance infrastructure'

After the privacy tech industry, Google and Apple are warning that Canada's proposed Bill C-22 could force developers to build backdoors into their devices, and push for strict judicial oversight.

TechRadar

Mark Zuckerberg's philanthropic venture unveils AI world model for drug discovery

Biohub, a venture by Mark Zuckerberg and Priscilla Chan, has launched a protein biology world model. This advanced AI tool aims to speed up drug discovery. The model learns from evolutionary data to understand protein functions. Researchers have already used it to design new protein binders for cancer and immune…

The Economic Times

Reform UK spending on Facebook ads surged before May elections

Party spent £252,000 in last two weeks of campaign on its main Facebook pages compared with Labour’s £276,000

The Guardian - UK

Five giant hyperscalers—and Nvidia—share a surprising trait: female CFOs

How female finance chiefs rose to the top at the most consequential moment for AI spending.

Fortune

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The Economic Times

AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market value

The AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This global tech rally has propelled Taiwan past India in market value, highlighting the dominance of AI-driven semiconductor giants.

The Economic Times

Meta layoffs hit India; Local VCs eye Wispr Flow funding

Happy Wednesday! Tech major Meta has quietly axed a dozen India roles as part of its latest global AI-era reset. This and more in today's ETtech Morning Dispatch.

Barchart

Stop Looking at Earnings: The Real Threat to AI Stocks Is the Collapse of Compute Prices

The real threat to the tech sector isn't a lack of AI ideas, but a classic economic shock. The overproduction of computing power.

The Independent UK

Supreme Court rejects Meta's appeal in Vermont social media addiction case

The Supreme Court has rejected a push to avoid a lawsuit alleging Facebook and Instagram harmed young users, a decision that comes as social-media companies increasingly face legal scrutiny

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Barchart

1 Mega-Cap Tech Stock With 35% Upside Just Dropped a Reddit-Like App

Meta’s soaring AI spending has pressured shares, but analysts believe long-term monetization opportunities remain significant.

Tom’s Hardware

Chinese AI experts in private firms now required to secure approval before international travel — Beijing enforces policy to secure top-tier talent, expands measures beyond government

The Chinese government has imposed travel restrictions on key AI experts, requiring them to secure an approval before they can leave the country. Beijing is reportedly doing this to secure talent, which it now considers as a strategic resource, as it competes with the U.S. to gain supremacy in artificial…

The Economic Times

US Supreme Court declined to hear Meta's challenge to Vermont social media addiction lawsuit

The US Supreme Court has refused to hear Meta's appeal. This allows a lawsuit against Meta's Instagram to proceed. Vermont's attorney general claims the app is designed to be addictive for young users. This is part of a larger trend of lawsuits targeting social media companies. Meta faces increasing legal…

The Economic Times

Meta CEO Mark Zuckerberg makes two promises after 8,000 layoffs, one on future job cuts

Meta CEO Mark Zuckerberg has assured employees that there will be no more company-wide layoffs this year following a major restructuring that affected around 8,000 workers. The announcement comes after widespread job cuts linked to Meta’s increased investment in artificial intelligence. Zuckerberg also acknowledged shortcomings in communication during the process,…

The Economic Times

Mumbai executive reveals adult website ad experiment after Meta ads became expensive

A Mumbai marketing executive has revealed that his company experimented with running advertisements on adult websites after rising costs on Meta platforms. While the ads delivered strong impressions and clicks at a fraction of the price, initial conversions were low. A later shift in product positioning based on user timing…

International Business Times UK

Meta Layoffs 2026: Mark Zuckerberg May Have Given The Best Severance Package For The 8,000 Employees Fired Recently

Meta is laying off 8,000 employees globally as it restructures to focus on AI. The company offers generous severance packages amid concerns over AI reliance.

The Guardian - UK

‘A tsunami of harm’: views on tackling online safety for under-16s in the UK

Campaigners, teenagers, legislators and experts give their opinions on the government’s social media consultation

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People

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