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The Latest Breaking News from Meta

From Future of the Internet to Total Flop: Mark Zuckerberg Cuts Metaverse After Sims-Level Graphics Mockery

Mark Zuckerberg scales back Meta's metaverse ambitions after £57 billion ($70 billion) investment falls flat, cutting spending and refocusing on AI and core apps.

International Business Times UK

Millionaire YouTuber Hank Green tells Gen Z to rethink their Tesla bets—and shares the portfolio changes he's making to avoid AI-bubble fallout

The S&P 500’s record concentration in AI-focused companies like Nvidia, Microsoft, and Google could bear bad news in the event of a bubble pop, says YouTuber Hank Green.

Fortune

I binge-watched shows using Meta's Horizon TV hub on Quest 3 — the good, the bad and the immersive

Meta Quest VR headsets now have a Horizon TV hub to make it easier to binge-watch your favorite shows, movies and immerive content, and while it's the upgrade VR has needed, it still has a few quirks to iron out.

Tom’s Guide

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Mark Zuckerberg Delays Meta's 'Phoenix' Mixed Reality Glasses To 2027: 'Taking Extra Time To Deliver...'

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has delayed the launch of its "Phoenix" mixed reality glasses to early 2027, citing the need for more time to ensure a polished and reliable product.

Benzinga

Why do Apple designers keep leaving?

Execs behind the iPhone Air and Liquid Glass have recently left the firm.

Creative Bloq

This Startup With 60% Employees On The Autism Spectrum Beat Meta-Backed $14B Scale AI For $708 Million Pentagon AI Contract

Artificial intelligence company Enabled Intelligence, with a majority neurodiverse workforce, announced on Nov. 24 that it has secured the National Geospatial-Intelligence Agency’s largest data labeling contract.

Benzinga

Meet 'Chad: The Brainrot IDE,' The Product People Dismissed as a Prank Is Solving One Problem 'Nobody's Talking About': 'This Isn't a Joke'

A new Y Combinator–backed product that people initially thought was deliberately unserious and gimmicky, dubbing it "rage bait" rather than a real tool, has big ambitions for helping developers increase productivity.

Benzinga

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META, NFLX, CRM, And More: 5 Stocks That Dominated Investor Buzz This Week

Retail investors talked up five hot stocks this week (Dec. 1 to Dec. 5) on X and Reddit's r/WallStreetBets, driven by earnings, retail hype, AI buzz, and corporate news flow.

Benzinga

Tim Cook's AI Reset Will Pay Off, Gene Munster Says— Predicts Apple's Top Mag 7 Performance

On Friday, Deepwater Asset Management's Gene Munster says Apple Inc.'s (NASDAQ:AAPL) sweeping leadership shake-up is a strategic reset designed to strengthen its position in artificial intelligence — and he believes the company's stock will lead the Magnificent 7 through spring.

Benzinga

Trump Allies Voice Support As Elon Musk's X Slapped With $140 Million EU Fine— 'Impose Sanctions...'

The European Union (EU) fined Elon Musk‘s social media company X €120 million ($140 million) on Friday for breaching the bloc’s online content rules, marking the first sanction under its Digital Services Act (DSA), which was adopted in 2022.

Benzinga

Meta’s AI Moment? New SAM 3 Model Has Wall Street Turning Bullish

Meta Platforms just released a computer vision AI model with state-of-the-art capabilities. Soon after, the stock received a $900 price target.

MarketBeat

Meta Cuts Jobs, Mark Zuckerberg Gets Richer: Wall Street Applauds Move

Shares of Meta Platforms Inc (NASDAQ:META) climbed higher Thursday after the company announced job cuts. With shares trading higher, Meta CEO and co-founder Mark Zuckerberg also saw his wealth soar, potentially at the expense of some of his company's employees.

Benzinga

Georgia Power says it needs a huge increase in power capacity to meet data center demand

Georgia's largest utility wants to spend more than $15 billion to increase its electricity capacity by 50% over the next six years to serve data centers

The Independent UK

Massachusetts court hears arguments in lawsuit alleging Meta designed apps to be addictive to kids

Massachusetts’ highest court heard oral arguments Friday in the state’s lawsuit arguing that Meta designed features on Facebook and Instagram to make them addictive to young users

The Independent UK

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Benzinga

Meta Preps Major Metaverse Cuts, Analysts Predict Earnings Pop

Wall Street analysts rerated Meta Platforms Inc (NASDAQ:META) after the company said that it is considering cutting up to 30% of its 2026 Metaverse budget, primarily targeting the Quest virtual reality unit and Horizon Worlds, which account for the bulk of metaverse-related investment.

Fortune

Mark Zuckerberg rebranded Facebook for the metaverse. Four years and $70 billion in losses later, he’s moving on

Zuckerberg once framed the metaverse as the “successor to the mobile internet.”

TechRadar

EU launches antitrust investigation into Meta’s WhatsApp AI access policy

Europe (and Italy) is worried about WhatsApp’s AI policy and its effects on competition.

Barchart

Meta Platforms Has Lost $73 Billion on Reality labs. Are Its Spending Cuts Enough for META Stock?

Meta cuts Reality Labs spending by 30%, focusing on profitable AI and core app projects while maintaining ad growth.

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PC Gamer

It never rains, but it pours: A security bug with a maximum severity rating is putting many of the worlds' servers at risk

Fixes are available, though 'organizations should patch urgently'.

Barchart

Cathie Wood Is Still Buying Meta Platforms Stock. Should You?

ARK added shares in META worth $21.4 million across three ETFs.

Barchart

Apple Made a Comeback with the iPhone 17, But Will Executive Exits Pull Down AAPL Stock?

Apple stock has rebounded after its iPhone 17 helped buoy sales. The company recently saw a flurry of executive exits, but its 2026 outlook looks reasonably positive.

Fortune

Apple is experiencing its biggest leadership shake-up since Steve Jobs died, with over half a dozen key executives headed for the exits

The exodus of top talent spans critical divisions from AI to design, legal affairs, environmental policy, and operations.

Benzinga

Meta AI Becomes Real-Time News Hub With New Media Partnerships

Meta Platforms Inc. (NASDAQ:META) is expanding Meta AI to deliver a broader range of real-time content, from breaking global news to entertainment, lifestyle, and more.

Axios

Exclusive: Meta strikes multiple AI deals with news publishers

Meta's new partners include USA Today, People Inc., CNN, Fox News, The Daily Caller, Washington Examiner and Le Monde.

Tom’s Guide

Confirmed: Steam Frame will lack this Apple Vision Pro and Meta Quest feature at launch — Valve says it's 'on our list'

Valve has confirmed that the Steam Frame will miss out on a key 3D feature found on the Apple Vision Pro and Samsung Galaxy XR at launch, but stereoscopic rendering may still come to the VR headset in the future.

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