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The Latest Breaking News from Meta

Ken Griffin's Citadel Advisors Heavily Invested in Mag 7 Stocks in Q3 Except One

Ken Griffin's Citadel Advisors purchased millions of shares of Magnificent 7 stocks in Q3 amid AI boom, with one notable exception.

International Business Times UK

JD Vance Slams EU For 'Attacking' US Big Tech, Defends 'Free Speech' Amid Elon Musk's X Penalty Reports

Vice President JD Vance expressed his concerns about the European Union’s (EU) alleged plans to fine Elon Musk‘s X and called out its censorship and attack on American companies.

Benzinga

Zuckerberg Axes Metaverse: Meta Slashes Budget By £52 Billion As VR Dream Implodes

Meta is preparing to slash up to £52 billion from its Metaverse budget as Mark Zuckerberg shifts Facebook's parent company toward artificial intelligence, signalling significant possible job cuts.

International Business Times UK

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Australia Says Its Teen Social Media Is The 'First Domino' In Global Effort To Reign In Tech Giants As Meta Blocks Instagram, Facebook Accounts

Meta Platforms, Inc. (NASDAQ:META) has started deactivating Instagram, Facebook and Threads accounts belonging to Australian users under 16, signaling what eSafety Commissioner Julie Inman Grant calls the "first domino" in a global push to regulate Big Tech.

Benzinga

Cathie Wood Dumps Tesla And Meta Shares, Here Is What Ark Invest Purchased Instead

On Thursday, Cathie Wood-led Ark Invest made significant trades, including selling shares of Tesla Inc. (NASDAQ:TSLA) , Meta Platforms Inc. (NASDAQ:META) , and buying ARK 21Shares Bitcoin ETF (BATS:ARKB). These moves come amid evolving market conditions and strategic shifts in the tech and crypto sectors.

Benzinga

SoFi Technologies, Oklo, Meta, Ulta Beauty and BigBear.ai: Why These 5 Stocks Are On Investors' Radars Today

Major U.S. indices closed mixed on Thursday, with the Dow Jones Industrial Average slipping 0.07% to 47,850.94. The SP 500 edged up 0.1% to 6,857.12, and the Nasdaq added 0.2% to 23,505.13.

Benzinga

Stocks Settle Mixed on Higher Bond Yields

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up by +0.11%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down by -0.07%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down by -0.10%. December E-mini S&P futures (ESZ25 ) rose +0.08%, and December...

Barchart

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Small Caps Hit a New High on Rate-Cut Hope: Stock Market Today

Odds for a December rate cut remain high after the latest batch of jobs data, which helped the Russell 2000 outperform today.

Kiplinger

Wall Street Is Cheering Metaverse Spending Cuts at Meta Platforms, But Is META Stock a Buy Here?

Meta stock inches up on reports Mark Zuckerberg will soon announce steep cuts to metaverse spending. Jim Cramer recommends buying META shares heading into 2026.

Barchart

Apple loses controversial design chief who launched overhaul of iPhone’s look

Alan Dye will move to work at Meta, which says it wants to focus on design

The Independent UK

Stocks Pressured as Bond Yields Rise and Chip Stocks Fall

The S&P 500 Index ($SPX ) (SPY ) is down by -0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.04%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.28%. December E-mini S&P futures (ESZ25 ) are down -0.07%, and December E-mini...

Barchart

I wore the Oakley Meta HSTN AI smart glasses during a Spartan Race, and it was a game-changer. Here's how this became my secret weapon for unlocking deeper motivation and training harder

Oakley Meta and Ray-Ban Meta smart glasses are proving their worth in a way I didn't expect: as a way to help myself train for Spartan Races.

Android Central

Australia wants to end the era of kids on social media with international ban hailed as ‘first domino’ in global movement

If Meta, Google, and others can’t figure out how to block accounts of users under 16 years old, they’ll be fined $33 million per breach.

Fortune

EU Commission hits Meta with antitrust probe despite US pressure

The tech giant is alleged to have abused its dominant position with rules on AI WhatsApp integration. The probe could further strain EU-US talks on European steel and aluminium, which have already been hit with steep US tariffs.

Euronews

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Barchart

Stocks Pressured by Higher Bond Yields and Chip Stock Weakness

The S&P 500 Index ($SPX ) (SPY ) is down up by -0.06%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down by -0.11%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down by -0.38%. December E-mini S&P futures (ESZ25 ) are down -0.12%, and December...

Benzinga

Meta's Zuckerberg Pays Big For Top Apple Design Chief In AI Race

Meta Platforms Inc. (NASDAQ:META) has hired Apple Inc.'s (NASDAQ:AAPL) longtime head of human interface design, Alan Dye, as it ramps up efforts to expand its consumer hardware and artificial intelligence technology initiatives.

PC Gamer

'Never bet against' Jensen Huang's 'ability to disrupt himself' says IBM chief

Nvidia was recently evaluated at $5 trillion, but what if the AI bubble pops?

Benzinga

Alphabet's Quiet AI Chip Bet Suddenly Looks Like Its Next Multi-Billion-Dollar Machine

Investors are increasingly eyeing Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) in-house artificial intelligence chips as a potential breakout business, betting that the company’s tensor processing units could evolve from a behind-the-scenes strength into a major new revenue engine.

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The Guardian - US

The AI boom is heralding a new gold rush in the American west

Once home to gold and prospectors, the Nevada desert is now the site of a new kind of expansion: tech datacenters

Android Central

The Meta Quest 4 might get a serious glow-up now that Meta stole two of Apple's lead designers for iPhone, Vision Pro, and the Apple Watch.

Two legendary designers at Apple are jumping ship and heading to lead Meta's Reality Labs design team, marking the beginning of a new chapter for Meta.

Euronews

Meta starts removing accounts for under-16s ahead of Australia social media ban

Under-16s on Meta platforms are starting to have their accounts removed ahead of Australia’s world-first social media ban.

The Independent UK

Meta begins removing Australian under-16s from Instagram and Facebook

Australia says the ban would be the first domino to fall in a global effort to rein in Big Tech

International Business Times UK

ChatGPT Not Safe? - OpenAI, Meta and Google Slammed — None Meet Global AI Safety Standards

New study slams OpenAI, Meta and Google as major AI systems like ChatGPT and Gemini fail to meet global safety standards, raising urgent concerns over risks. Find out the risks.

International Business Times UK

Alan Dye Leaving Apple — What Meta's New Design Chief Means for Future AI Glasses

Former Apple design chief Alan Dye has moved to Meta to lead design for its Reality Labs, a major Silicon Valley talent shift.

The Guardian - AU

Instagram and Facebook begin shutting down accounts as Australia’s under-16s social media ban looms

Ban due to take effect next week, but Meta has started deactivating accounts already

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