News
TikTok settles second addiction case, leaving Meta and Snap to face a jury alone
TL;DR TikTok settled with a Florida teen ahead of the second bellwether social media addiction trial, leaving Meta and Snap as the…
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Meta
Fashion
Snap unveils its $2,195 augmented reality glasses as rivalry with Meta heats up
Social media company Snap showcased a pair of its $2,195 augmented reality glasses Tuesday, staking a claim in a race to reshape how…
Business
Meta reveals details about layoffs in Playa Vista and Menlo Park
Meta Platforms announced more details about its latest round of layoffs. As part of its already-announced plans to cut close to 10% of its…
Business
Meta is building an AI pendant. It also plans a business subscription called Wearables for Work.
TL;DR A leaked Meta memo confirms an AI pendant entering testing next year. The company also plans “Wearables for Work” and expanded AI…
Business
Meta signs a deal to beam solar energy from space to its AI data centres
Overview’s satellites will collect sunlight continuously in geosynchronous orbit and beam it as near-infrared light to existing ground…
Business
Why Meta is laying off 10% of its workforce
Meta, the parent company of Facebook and Instagram, is planning to lay off 8,000 employees, or roughly 10% of its workforce, in May, as it…
Business
Meta, Oracle and Qualcomm share details on layoffs across California
Tech behemoths, including Oracle and Meta Platforms, are laying off hundreds of California workers as they invest heavily in artificial…
Fashion
How the landmark verdict against Meta and YouTube could hit their businesses
A Los Angeles jury dealt a blow to social media giants Meta and YouTube this week when it found that the platforms were negligent for…
Business
New Mexico social media lawsuit ends in $375-million verdict against Meta
Jurors in New Mexico handed down a $375-million verdict against Meta for endangering children, leapfrogging their California peers in a…
Business
Nvidia to sell Meta millions of chips in multiyear deal
It also includes standalone installations of its Grace and Vera central processors Nvidia on Tuesday (Feb 17) said that it has signed a…
News
Meta patents AI that lets dead people post from the great beyond
Nothing is certain, they say, but death and taxes. But a new idea from Meta could add social media to that list. The tech giant was…
News
Meta, TikTok and others agree to teen safety ratings
Meta, TikTok and Snap will be rated on their teen safety efforts amid rising concern about whether the world’s largest social media…
Business
Here’s how much Amazon, Microsoft, Meta, and Google will spend to develop more AI in 2026
Big Tech is on a spending spree, forecast to drop a staggering $650 billion on artificial intelligence (AI) in 2026 alone—and that’s just…
Business
Microsoft plunges, Meta rallies as investors demand AI payoffs
Microsoft is under growing investor pressure to justify its soaring capital outlay Tech earnings so far this week have sent a clear…
Business
Meta must have facial recognition measures for notable Facebook users in Singapore or risk S$1 million fine
This is to reduce scam advertisements, accounts, profiles and business pages that impersonate two sets of people The police have issued a…
Business
From Meta to Samsung, global tech unleashes spending to chase AI
Memory manufacturers are reallocating production lines towards lucrative HBM to satisfy the needs of AI data centres The world’s largest…
Business
Meta leans on improved ad business to fuel massive AI spending
Investors have historically been anxious about whether the company’s businesses will benefit meaningfully from its hefty AI investments…
Business
Meta stock price soars on strong Q4 ad sales. Spending on AI is way up, too
Meta’s fourth-quarter results jumped past Wall Street’s expectations thanks to solid advertising revenue, sending shares sharply higher in…
News
Is social media harmful for kids? Meta and YouTube face trial after TikTok settles suit
TikTok agreed to settle the first in a series of closely-watched product liability cases Monday, bowing out on the eve of a landmark trial…
Business
Lawsuit claims Meta can see WhatsApp chats in breach of privacy
The complaint cites ‘whistleblowers’ as having helped bring this information to light, though it doesn’t explain who they are…
Business
Meta begins job cuts as it shifts from metaverse to AI devices
Reality Labs houses the company’s hardware and other futuristic product efforts Meta Platforms is beginning to cut more than 1,000 jobs…
Business
Why is Meta laying off workers again?
Social media giant Meta said it’s cutting more than 1,000 workers and closing several content studios as it focuses its efforts on…
Business
Meta unveils ‘Meta Compute’ initiative to build AI infrastructure
Big Tech companies are looking to secure long-term electricity supplies as AI and data centres increase US power demand Meta has announced…
Business
Meta taps Dina Powell McCormick as president and vice chairman
Facebook owner Meta has named Dina Powell McCormick, a former Trump administration adviser and longtime finance executive, as president…