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The Latest Breaking News from Meta

Mark Zuckerberg's Costly Metaverse Gamble, AI Spending Spree Could Deal 'Lethal' Blow To Meta, Warns Lawrence McDonald

Lawrence McDonald, founder of the Bear Traps Report, issued a stark warning on Monday about Meta Platforms Inc. (NASDAQ:META), writing on X: “Imagine (Zuck) losing billions on a metaverse bet, and then going all in AI capex? Testosterone can be lethal.”

Benzinga

Watering down Australia’s AI copyright laws would sacrifice writers’ livelihoods to ‘brogrammers’

Our Productivity Commission is considering to include an exemption for text and data mining into our Copyright Act. This extractive industry may well put us out of business

The Guardian - AU

This 'Netflix Of AI' Lets You Create Shows In Seconds—Amazon Just Funded It, But Some Ask Who Even Wants To Watch It

Amazon (NASDAQ:AMZN) has invested in Bay Area startup Fable, the company behind Showrunner, a new AI-powered service pitched as the "Netflix of AI" that allows anyone to generate television episodes with just a few keywords, Bloomberg reports.

Benzinga

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

This Meta prototype is a seriously upgraded Meta Quest 3 – and you can try it for yourself

Tiramisu and Boba 3 are two Meta prototype VR headsets people can demo if they're lucky.

TechRadar

GitHub Just Got Assimilated—CEO Out, Copilot In, Microsoft All Over It

Microsoft is bringing GitHub into its CoreAI group as CEO Thomas Dohmke announces his resignation, marking a major change for the developer platform.

Windows Central

Meta revamps business protection tools, bringing a more seamless user interface

Meta updated its Brand Rights Protection tools for businesses on all platforms, including those in Canada.

Android Central

Snowflake Nears 52-Week High On AI Boom, Big Tech Spending Spree

Cloud-based data platform Snowflake Inc. (NYSE:SNOW) climbed Monday, fueled by growing adoption of its AI-focused data cloud tools and a wave of multi-billion-dollar artificial intelligence spending commitments from tech giants.

Benzinga

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Trump’s AI czar plants flag in ‘doomer’ debate. Here’s why he thinks humans are still in control of the Pandora’s Box they’ve opened

“Right now the current situation is Goldilocks,” says David Sacks, special adviser to the White House for AI and crypto.

Fortune

Instagram’s new Maps feature has sparked major privacy worries – here’s how to make sure it’s turned off

Meta recently announced the new Instagram Maps feature, but it's bee met with an angry response from users online.

TechRadar

Meta CTO teases ‘big wearables announcements’ for later this year but makes no VR headset promises

Meta’s CTO is already hinting at what we’ll see at Meta Connect 2025, and therefore what we won't see.

TechRadar

Why Trade Desk Crashed 40% Despite a Q2 Sales Beat

Trade Desk tanked despite solid Q2 results versus Wall Street forecasts. The stock's big gain recently shows that elevated expectations hid beneath the surface.

MarketBeat

Micron Stock Jumps After Boosting Sales And Profit Outlook On Soaring AI Chip Demand

Micron Technology (NASDAQ:MU) stock gained on Monday after the company lifted its fourth-quarter fiscal 2025 guidance, citing stronger-than-expected pricing, particularly in DRAM, and solid operational execution.

Benzinga

Worried About a Fading Rally? Consider These 3 Dividend Stocks

Volatility is back in the markets, and jobs data points to a weakening labor market. Is it time to get defensive? Consider these 3 dividend stocks for income.

MarketBeat

S&P 500 Or Just Mag 7: Here's Why Mega Cap Stocks Keep Rising Despite All Odds

The stock market’s resilience in recent years, particularly the SP 500’s historic run, has perplexed many, with some experts now suggesting that the index’s performance is driven by a handful of mega-cap companies rather than the broader economy.

Benzinga

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news in one place.

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Benzinga

Meta Taps PIMCO, Blue Owl For $29 Billion Louisiana Data Center Buildout As AI Infrastructure Race Heats Up

Meta Platforms Inc. (NASDAQ:META) has reportedly enlisted the services of PIMCO and Blue Owl Capital to finance its $29 billion data center expansion project in rural Louisiana.

The Guardian - US

TikTok to replace trust and safety team in Germany with AI and outsourced labor

TikTok workers in Berlin are striking over mass layoffs amid company’s global push to replace moderators with AI

Fortune

Sam Altman says the AI talent war is a bet that a 'medium-sized handful of people' will make superintelligence breakthroughs

“I’m not totally sure what’s gonna happen, but it is a crazy intense comp for a very small number of people right now.”

The Guardian - UK

‘It’s missing something’: AGI, superintelligence and a race for the future

As US and Chinese tech giants chase artificial general intelligence, experts warn the hype may be outrunning the science

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news in one place.

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MarketBeat

MarketBeat Week in Review – 08/04 - 08/08

Stocks were higher for the week as investors overlooked tariff uncertainty, but the bulls may get tested by next week's data on inflation and retail sales

The Guardian - US

What is going on with Marjorie Taylor Greene?

The far-right Republican and conspiracy theorist is suddenly speaking (a small amount of) sense. Weird!

Android Central

News Weekly: The Pixel 10 leak week, Spotify increases its prices, Pixel Watch 4 could see a new charger, and more

A tipster dropping a full load of spoilers just before the Pixel 10 launch event, Spotify increases its prices, and Pixel Watch 4 could get some design tweaks and a new charging mechanism, Meta's new VR prototype headsets are giving Quest 4 a run for its money, and Samsung Galaxy…

Euronews

TikTok launched community notes. Why are social media sites betting on crowdsourced fact-checking?

TikTok is the latest social media platform to enable users to write and rate posts to give context to content on their feeds. We take a look at how crowd-sourced fact-checking works.

Android Central

The Oakley Meta HSTN are the new gold standard for smart glasses

Oakley Meta HSTN smart glasses are the follow-up to Ray-Ban Meta Smart Glasses and bring along a new style, upgraded cameras, and better battery life.

The Independent UK

Meet the women behind the sexual wellness revolution and the censorship rules that prevent their work from reaching you

IN FOCUS: Entrepreneurs in the sexual wellness space face a daily battle as their social media and bank accounts are deactivated says sexologist Georgia Rose

International Business Times

New Instagram Location Sharing Feature Sparks Privacy Fears

Instagram users are warning about a new location sharing feature, fearing that the hugely popular app could be putting people in danger by revealing their whereabouts without their knowledge.

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