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The Latest Breaking News from Mike Proulx

Meta misses earnings forecasts after Zuckerberg media push to promote AI

Stock tumbles nearly 8% after weaker-than-expected results, despite CEO’s blitz to tout positive effects of AI

The Guardian - US

Paramount delays closing Warner buyout while judge considers states' challenge

Paramount said in a filing Friday that it won't close its Warner buyout until either a court ruling is made on the states' claims or June 1, 2027. The agreement comes just days after U S District Judge Araceli Martinez-Olguin granted a temporary restraining order to freeze the transaction for…

The Economic Times

Big tech’s lofty climate goals wrecked by energy-hungry AI

Net-zero pledges of Google and Amazon slip out of reach, and struggling Meta makes frantic moves

The Guardian - US

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‘Accountability has arrived’: dual US court losses show shifting tide against Meta and co

With two unprecedented trial defeats, big tech firms face crisis akin to that faced by cigarette makers in the 1990s

The Guardian - US

Meta reports mixed financial results amid spree of AI hiring and spending

Tech company brings in record quarterly revenue but major tax bill dampens earnings per share

The Guardian - US

Warner Bros Discovery weighs sale after 'unsolicited' buyer interest

After months of speculation, Warner Bros Discovery has confirmed it is reviewing strategic options — from a full sale to partial deals — amid reports of interest from Paramount, Netflix and Comcast.

Euronews

Meta wants to speed its race to ‘superintelligence’—but investors will still want their billions in ad revenue

Mark Zuckerberg has hired a new AI all-star team, but Facebook, Instagram, and Ray-Bans are still getting most of the love.

Fortune

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Mark Zuckerberg says AI superintelligence is 'now in sight' — here's what Meta thinks that means for you

The Meta CEO has laid out a vision for AI achieving superintelligence in the near future and says we'll interact with it through smart glasses.

Tom’s Guide

The CEO who never was: how Linda Yaccarino was set up to fail at Elon Musk’s X

Ex-NBC executive was tasked with building an ‘everything app’, but billionaire owner was biggest obstacle in her path

The Guardian - US

Meta faces antitrust claims at trial over Instagram and WhatsApp ownership

Facebook parent faces threats of illegal social media monopoly after spending billions to acquire two platforms

The Guardian - US

Meta: Facebook owner could be forced to sell off Instagram and WhatsApp

The trial could mark a ‘new social media world order,’ tech expert says

The Independent UK

Meta faces landmark trial which could break up its tech empire

The social media giant faces a competition trial, beginning on Monday, which could force it to sell Instagram and WhatsApp.

Evening Standard

Meta posts robust fourth-quarter earnings amid DeepSeek mania

Mark Zuckerberg tells analysts ‘this is going to be a really big year’ as company sees quarterly revenues of $48.39bn

The Guardian - US

‘Twitter killer’ Threads app hits 100m sign-ups in less than five days

Mark Zuckerberg’s rival to Elon Musk-owned platform has grown rapidly since launch last Wednesday

The Guardian - UK

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Daily Mirror

Linda Yaccarino CONFIRMED as new Twitter CEO replacing billionaire Elon Musk

NBCUniversal exec Linda Yaccarino has extensive experience in generating ad-driven revenue having been a key part of the team that launched NBC's Peacock platform

Fortune

Meet Shou Zi Chew, the most important CEO you've never heard of

Shou Zi Chew has been TikTok's boss for 2 years needs to convince U.S. lawmakers that the social media app, owned by China-based ByteDance, is not a threat to national security.

The Guardian - US

Tech company earnings reports expected to bring a flush of bad news

Some US firms have announced hiring slowdowns and layoffs in recent weeks amid fears of recession

People

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