Jesse Eisenberg shoots down ‘silly’ idea of leaving US over Trump ‘I am a very lucky American,’ the actor said The Independent UK · Jul 5
Weekend Round-Up: Amazon's Leo Satellites, Burry's Micron Short, Meta's AI Developments and More This week has been a whirlwind of activity in the tech and finance sectors. From Amazon’s latest satellite launch to Michael Burry’s controversial short on Micron, there’s plenty to catch up on. Let’s dive into the top stories of the week. Benzinga · Jul 5
Mark Zuckerberg takes business calls on a jet ski wearing his $800 Meta glasses—and insists 'the other person could not tell' Zuckerberg is convinced smart glasses will replace the smartphone—and he's spending billions to prove it, even as Reality Labs posts a $19.2 billion loss. Fortune · Jul 5
The influencer CEO era is here. What happens to leaders who avoid social media? The CEO job now comes with a second role: content creator. Not every executive is on board. Fortune · Jul 5
Meta's $145 Billion AI Bet Faces Execution Delays Inside Its Agent Systems. Now The Bigger Question Is Whether Any Company Can Make Agents Work At Scale. Meta AI agents behind schedule after 8,000 layoffs and up to $145B in 2026 spending: Zuckerberg told employees Thursday that four months of restructuring have not accelerated agentic development as expected. Meta shares dropped 5%. The same week, AWS and Microsoft committed $3.5B to close the industry-wide production deployment gap. International Business Times · Jul 3
Mark Zuckerberg Admits AI Bets 'Haven't Come to Fruition Yet' and Meta Layoffs Were 'Not as Clean' as Planned: Report On Thursday, Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg reportedly told employees that the company’s AI-driven reorganization has not delivered the rapid progress executives anticipated. Benzinga · Jul 3
Meta's Mark Zuckerberg says AI agent tech progressing slower than expected Zuckerberg and other Meta executives have been seeking to moderate some of the organizational changes introduced earlier this year, without fundamentally changing course. The company laid off about 10% of its global workforce and reassigned roughly 7,000 employees to AI-focused teams in May, moves that prompted employee pushback and raised… The Economic Times · Jul 3
Mark Zuckerberg feeds his cows nuts and beer to create the ‘highest-quality beef in the world’ on his $300 million estate in Hawaii “I'm very into the genetics of the cattle,” the Meta CEO said. Fortune · Jul 2
'Meta will need to reduce or possibly stop AI investment in datacenters, as it already has excess capacity': The AI infrastructure bubble feels the heat This space for rent. PC Gamer · Jul 2
Meta's Stock Jumped After Announcing a New Business Venture. But Analysts Warn There Is a Caveat Analysts are warning that Meta's new venture into cloud infrastructure could provide smaller margins than its lucrative ad business. International Business Times · Jul 2
Meta reportedly wants to start a cloud computing business to compete with AWS, Azure and others Facebook's parent company could be launching a new Meta Compute business to sell excess capacity to other hyperscalers and startups. TechRadar · Jul 2
Meta reportedly plans to rent out its AI compute, sending AI stocks tumbling — 'Meta Compute' would put company in direct competition with AWS Meta is reportedly weighing two service models: selling developers access to AI models hosted on its own infrastructure, or selling raw computing capacity. Tom’s Hardware · Jul 2
Kylie Jenner can't redeem AI glasses Meta recruited a celebrity to make smart glasses feel safe for women. They aren't Salon · Jul 2
Meta is Opening a New Business Area Related To AI. Investors Are Elated. Meta Platforms shares soared more than 10% on Wednesday after a report that the social media giant is preparing to launch a cloud computing business aimed at selling excess artificial intelligence computing capacity. International Business Times · Jul 1
The Economic Times · Jul 1 Days after Meta sent 4 AM layoff emails to 8,000 employees, CEO Mark Zuckerberg says fears of AI job losses are overstated and more jobs could be created if... Meta CEO Mark Zuckerberg believes artificial intelligence won't necessarily lead to mass job losses. He has argued that companies can choose to use AI to empower employees and boost productivity, rather than simply automate tasks and reduce headcount. This perspective comes as Meta itself undergoes significant layoffs while heavily investing…
International Business Times UK · Jul 1 Mark Zuckerberg Claims AI Won't Destroy Jobs — Just Weeks After Meta Lays Off 8,000 Employees Mark Zuckerberg has dismissed fears that AI will trigger mass job losses, arguing that 'personal super intelligence' could expand employment even as Meta cuts thousands of roles.
The Economic Times · Jul 1 Meta stock: Why are Facebook, Instagram, WhatsApp shares are rising today at U. S Stock Market? Meta has poured hundreds of billions of dollars into data centers and AI chips.
The Economic Times · Jul 1 US Stocks: Meta building cloud business to sell AI computing, says report; shares rise Meta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This strategic shift could lessen Meta's dependence on advertising revenue and position it as a competitor to tech giants like Amazon and Microsoft.
The Economic Times · Jul 1 Meta building cloud business to sell excess AI capacity, Bloomberg News reports Meta Platforms is reportedly exploring a move into the cloud computing business, aiming to lease out its surplus AI computing power. This strategic shift could lessen Meta's dependence on advertising revenue and position it as a competitor against tech giants like Amazon and Microsoft.
International Business Times UK · Jul 1 Mark Zuckerberg's New App Idea Has Critics Asking One Question: 'Why?' Meta is developing Arena, a prediction app, amid concerns over gambling-like behaviours and its impact on vulnerable users. The app could blur lines between gaming, investing, and gambling.
The Economic Times · Jul 1 Fear and anger brew inside Meta amid AI frenzy A frenzied push for artificial intelligence dominance comes with a different kind of cost for Meta, where massive layoffs, employee surveillance and departures have fueled reports of a heated internal climate. For those who remain, an internal AI training initiative has drawn accusations of surveillance.
Fortune · Jun 30 Anthropic has bucked the rules of Trump's Washington. It's cost them. Most tech companies have tried to curry favor with the White House and hired 'Trump whisperers.' Anthropic has stood on principle, and suffered the consequences.
International Business Times UK · Jun 30 Jesse Eisenberg Reveals Why He Won't Return as Mark Zuckerberg in 'The Social Reckoning' Jesse Eisenberg has revealed why he turned down Aaron Sorkin's request to reprise Mark Zuckerberg in 'The Social Reckoning', saying he no longer wants to be associated with the Facebook founder.
International Business Times UK · Jun 29 Mark Zuckerberg Pushes Meta Into Prediction Markets After US Soldier Uses Invasion Secrets to Win $400K Meta is developing a prediction-market platform called 'Arena' amidst controversy over a US soldier's alleged insider trading. The move highlights prediction markets' shift towards mainstream consumer technology.
International Business Times UK · Jun 29 Inside the Elon Musk White House Fallout and the Unconstitutional $100M Purge That Broke Trump's Government Maggie Haberman says Elon Musk effectively acted as a 'co‑president' in Donald Trump's second administration, driving a $100M purge of federal programmes that courts have since ruled unconstitutional.