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The Latest Breaking News from Meta

Scale AI lays off 200 employees, one month after Meta's $14 billion investment — says it scaled up too quickly

Just one month on from Meta investing an alleged $15 billion in data annotation firm, Scale AI, and it's letting go of 200 of its employees, claiming that it scaled up its generative AI teams too quickly.

Tom’s Hardware

Why Apple CEO Tim Cook’s AI struggles serve as a warning for C-suite leaders

A Fortune report examines the dilemma Cook is facing.

Fortune

Dan Ives Picks 5 Stocks For 2nd Half Of 2025: Nvidia, Palantir, Microsoft And More: 'Golden Age Of Tech Is Here With AI Revolution'

Tech bull Daniel Ives has listed his top five picks for the second half of 2025, reiterating that the “golden age of tech” was here with the artificial intelligence (AI) revolution to the fore.

Benzinga

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read the most diverse news in one place.

The changing nature of startup employment, OpenAI’s e-commerce ambitions, and Powell’s future

It has been, to say the least, a wild week in the private markets. I’m taking you briefly inside my reporter’s notebook.

Fortune

Ex-OpenAI Exec Mira Murati Lands $2 Billion Seed Round For AI Startup Backed By Andreessen Horowitz, Nvidia, AMD, Other Tech Giants

Former OpenAI Chief Technology Officer Mira Murati has secured a record-breaking $2 billion seed round for her artificial intelligence startup, Thinking Machines Lab.

Benzinga

Meta, AWS Roll Out $6 Million Startup Program To Counter OpenAI, Make Llama The Go-To AI Model For Builders

Meta Platforms Inc. (NASDAQ:META) and Amazon Web Services are launching a $6 million initiative to attract 30 U.S. startups to build AI applications using Meta’s open-source Llama model, positioning the partnership as a strategic counter to OpenAI‘s closed-source dominance.

Benzinga

AI firms ‘unprepared’ for dangers of building human-level systems, report warns

Future of Life Institute says companies pursuing artificial general intelligence lack credible plans to ensure safety

The Guardian - UK

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Tech giants can easily check age of child users, says Danish minister

Online platforms are facing increasing pressure to implement the tools to protect children from harmful content online.

Euronews

Meta Shareholders Sue Mark Zuckerberg, Peter Thiel For $8 Billion Over Privacy Violations Linked To Cambridge Analytica Scandal

On Wednesday, a trial began in Delaware, where Meta Platforms, Inc. (NASDAQ:META) shareholders are seeking $8 billion in damages from top executives, including Mark Zuckerberg, Peter Thiel and Sheryl Sandberg, over alleged failures to protect user data following the Cambridge Analytica scandal.

Benzinga

Meta argues its AI needs personal information from social media posts to learn ‘Australian concepts’

Tech giant says posts from Australian Facebook and Instagram users are ‘vital learning’ about ‘concepts, realities, and figures’

The Guardian - AU

Cut privacy red tape to boost innovation: tech giants

Tech giants are warning Australia against introducing privacy rules that are "overly restrictive" for businesses working in cutting edge AI development.

AAP

Elizabeth Warren Has The Receipts: 'Bribery In Plain Sight' Funding Trump's Library

Sen. Elizabeth Warren (D-Mass.) is raising the stakes after accusing Paramount Global (NASDAQ:PARA)(NASDAQ:PARAA) of potential bribery in its settlement with President Donald Trump.

Benzinga

Scale AI Slashes 14% Of Workforce After Meta's $14 Billion Investment

Scale AI, a San Francisco startup, recently celebrated a $14.3 billion investment from Meta Platforms, Inc. (NASDAQ:META). Shortly afterward, it laid off 14% of its total staff.

Benzinga

Tech layoffs 2025: How Microsoft, Google, and Meta are plotting for the AI era

As tech giants like Microsoft, IBM, and Google shed thousands of workers, experts weigh in on the motivations behind these layoffs.

Fortune

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Barchart

Meta Platforms Has Some of the ‘Best Execution.’ Why Analysts Love META Stock Here.

Analysts are in love with Meta's aggressive growth strategy in recent years and believe it can keep performing.

The Guardian - US

Zuckerberg says Meta will build data center the size of Manhattan in latest AI push

CEO says company plans to spend hundreds of billions on developing artificial intelligence products

Barchart

Disappointed by the Fed? Watch These 3 Stock Charts Instead.

These stocks are technically strong, and could get even stronger.

MarketBeat

Super Micro Stock May Benefit as Cooling Demand Takes Off

Meta is expanding its data center footprint, leaving companies like Super Micro Computer to grab new contracts for its liquid cooling system service.

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news in one place.

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Benzinga

'Just Sit Yourself Down And Meditate': This Ex-Google Exec Raised $92 Million With Support From Sundar Pichai And Sequoia Capital India

Caesar Sengupta knows what it feels like to jump from a corporate empire into complete uncertainty. He spent 15 years at Google, where he led major products like Google Pay and helped launch the company's Next Billion Users initiative. Then he walked away to start something of his own: Arta…

The Independent UK

Meta CEO Mark Zuckerberg expected to testify in $8 billion Facebook privacy lawsuit

A $8 billion-dollar class action investors’ lawsuit against Meta CEO Mark Zuckerberg and company leaders begins, with claims stemming from the privacy scandal involving the Cambridge Analytica political consulting firm

TechRadar

Meta patches worrying security bug which could have exposed user AI prompts and responses - and pays the bug hunter $10,000

There was a way to read other people's prompts and Meta AI responses, expert warns.

Benzinga

Larry Ellison Surges Past Mark Zuckerberg To Become World's Second-Richest Person As Oracle's AI Deals With OpenAI, US Government Drive Massive Stock Surge

Larry Ellison, Oracle Corp.’s (NYSE:ORCL) co-founder and chairman, has once again overtaken Meta Platforms, Inc. (NASDAQ:META) CEO Mark Zuckerberg to become the world's second-richest person. This is despite them both having $251 billion net worth.

Benzinga

Mark Zuckerberg's Meta Poaches Top OpenAI Researchers Jason Wei And Hyung Won Chung For Its Superintelligence Lab: Report

Mark Zuckerberg-led Meta Platforms Inc. (NASDAQ:META) has reportedly hired two top researchers from OpenAI—Jason Wei and Hyung Won Chung—for its ambitious new superintelligence lab.

The Guardian - UK

Houthi-linked dealers sell arms on X and WhatsApp, report says

Traders affiliated to Iran-backed rebel group found to have been running weapon stores on social media for years

The Guardian - UK

Death threats and falsehoods among online abuse reported by land and climate defenders

Survey across six continents uncovers accounts of abuse causing defenders to fear for their safety

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