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The Latest Breaking News from Meta

ETtech Explainer: Everything to know about Meta’s Forum and Instants apps

Forum is Facebook Groups reimagined as a Reddit-style discussion platform with AI-powered search and recommendations, while Instants turns Instagram into a more spontaneous, Snapchat and BeReal-like space for ephemeral photo sharing.

The Economic Times

3 Reasons Why Nebius Stock Is Reaching New Highs

Nebius stock is soaring as the company aggressively expands its AI cloud empire.

Barchart

SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns

InvestorPlace's Luke Lango argues the SpaceX IPO signals a broader AI empire play, naming RDW, HSAI, ARM, and CRWV as his top positioned stocks.

MarketBeat

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Video on people displaced for Vizag Google data centre blocked by Meta after govt notice

Environmental Reporting Collective (ERC)—an international network of journalists —has issued a statement against Meta, the parent company of Instagram, for reportedly restricting their video story in India, which addressed the forced displacement of Dalits in Andhra Pradesh’s Visakhapatnam to accommodate a Google data centre, without offering any clarification.

Newslaundry

Leaked Video Shows Departing Meta Engineer Mocking AI Layoff Culture in Viral 'American Pie' Parody Farewell

Meta's AI-driven layoffs led to a creative farewell from David Frenk, who used a parody video to critique the company's shift, highlighting the impact on human workers.

International Business Times UK

'Axe Everybody, Rehire Where There's Pain': Ex-Meta Employee Rejects Job Offer, Calls Layoff Culture 'Unbelievably Toxic'

Former Meta engineer Zach Wilson's viral post exposes how the company pursued him for a role while cutting 8,000 jobs during its $145 billion AI pivot.

International Business Times UK

Did Meta Target Non-Chinese Workers in Mass Layoffs? Ex-Engineer Makes Explosive Discrimination Claims

Meta's recent layoffs, linked to its AI transition, have sparked controversy with allegations of racial discrimination. A former employee claims non-Chinese workers were disproportionately affected.

International Business Times UK

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Minister doubts Meta’s explanation for sex videos spread on Facebook

Digital Economy and Society Minister Chaichanok Chidchob doubts Meta's algorithm excuse for the prolonged and repeated dissemination of sex videos on Facebook over the weekend.

Bangkok Post

MP's messaging account hacked by 'foreign state actor'

Foreign government-sponsored hackers are targeting Australian parliamentarians in what has been described as "a genuine global issue".

AAP

Big tech earning £200k per person from data of each internet user in UK, report finds

Amazon, Microsoft, Meta and Alphabet extract up to £1,000 annually from a single user’s personal data, according to the report

Evening Standard

Wall Street Is Warming Back Up to CoreWeave Stock. Long-Term Demand Is Helping.

The firm expects the company to reach profitability by 2028.

Barchart

Meta layoffs: ‘I asked to be laid off’ during company-wide 8,000 job cuts, says ex-employee

A former Meta employee voluntarily sought to be part of recent layoffs. Her personal career goals no longer matched the company's direction. She had worked at Meta for six years. The company is undergoing restructuring and focusing on artificial intelligence. She learned AI tools but believes worker protections need collective…

The Economic Times

'AI impact on Indians abroad is highest': How H-1B workers are struggling after Meta, Amazon layoffs

For thousands of Indian tech workers in US, losing a job now means more than just unemployment. It can also trigger a 60-day countdown that may decide whether they can continue living in the country with their families.

The Times of India

The Broadcom Stock Paradox: Why a $2 Trillion Valuation Ignores the Base Economics of Custom Chips

Broadcom's nearly $2 trillion valuation is built on a dangerous misconception. While the market prices the company like a high-margin product monopoly similar to NVIDIA, its custom AI chip business may dilute overall profitability as the segment grows.

Barchart

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International Business Times UK

Managers Who Survived Meta's Massive AI Layoff Forced to Switch to Individual Contributor Roles

Meta's recent restructuring sees engineering managers reassigned to technical roles amid AI-focused job cuts, raising fears on career progression.

MarketBeat

The Smart Glasses Gold Rush Is Leaving Old-School Eyewear Behind

Alphabet and Samsung's entry into smart glasses signals a hardware supercycle, challenging Meta's early market lead with EssilorLuxottica.

Bangkok Post

Cyber police probe live-sex livestream on Facebook

Cyber police are investigating the source of a URL linked to a social media livestream featuring obscene content, while warning that people who like or share such material could also face legal action.

Fortune

BofA says you'll be 10x more productive with AI. Ignore the 0.1% result so far

The bank sees a productivity boom and an implementation gap. Here's the argument for why it will close — and why the bubble may pop before that.

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news in one place.

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Tom’s Guide

Instagram's new 'instants' feature is driving users crazy. Here's how to disable it

Learn how to snooze Instagram's 'instants', the latest feature by Meta that literally no one asked for.

The Economic Times

Ex-Meta employee shares viral post claiming non-Chinese workers felt targeted during mass layoffs

Meta Layoffs: A former Meta engineer has detailed feelings of social and professional isolation within certain teams, claiming non-Chinese employees were excluded due to colleagues predominantly speaking Mandarin. He contrasted this with a positive experience in South Korea, where English was used to include him. The engineer emphasized he is…

The Guardian - AU

Designer sues Australian Shopify over alleged ghost stores he claims copied his work 3,929 times

Court action represents rare attempt to hold global platforms to account for allegedly hosting scam digital shopfronts

Android Central

I protect my privacy while using Meta smart glasses with these 3 settings — and you can too

Meta isn't exactly known for being the most protective of user data, but you can keep yours safe with three simple settings.

Android Central

Can Google and Samsung redefine smart eyewear with Android XR, or will history repeat with a new generation of 'Glassholes'?

Samsung's Android XR glasses are launching later this year, but let's hope Google can avoid another 'Glassholes' moment.

TechRadar

Europe races Meta and Japan to launch first Petabit-class submarine cable before 2030 as AI demand explodes

IOEMA-1 advances Northern European subsea cable development while Japan and Meta explore high-capacity systems for global internet expansion.

Tom’s Hardware

AI cost crisis hits tech giants as employee 'tokenmaxxing' backfires, sparking corporate pullback at Microsoft, Meta, and Amazon — agentic AI eats up to 1000x more tokens than standard AI

Agentic AI is consuming so many tokens that it's draining AI budgets way faster than expected. Jevons Paradox rings true 161 years after it was coined.

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