The Latest Breaking News from Meta

Meta’s new personal AI agent Muse aims to help you with day-to-day tasks

For Meta, the agent fits into CEO Mark Zuckerberg's vision of AI superintelligence that's available to ‘everyone’

The Independent UK · Sep 8

Qualcomm Strikes $4 Billion Amazon Stock Deal. Its Stock Is Climbing.

Amazon received warrants to purchase 25 million shares at $161.26 each.

International Business Times · Sep 8

Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement

After Meta settled its youth social media lawsuit for up to $18 billion, Morgan Stanley expects a wave of new AI products and maintains a $775 price target on the stock.

MarketBeat · Sep 8

AI's left hand begins to take away jobs before its right hand can

In response to soaring chip prices, Samsung India is downsizing its electronics division. The burgeoning demand for specialized chips fueled by AI advancements is driving up costs for standard memory. As organizations focus their finances on AI infrastructure, resources for payroll are strained, potentially resulting in job reductions despite the…

The Economic Times · Sep 8

Social media users could opt out of the algorithm if Australian government has its way – but that’s a big if

Even if the legislation passes, tech companies may still find ways to frustrate its intent and keep Australians hooked on their feed

The Guardian - AU · Sep 8

Meta’s AI glasses pose growing threat to women and girls on London's Tube, say campaigners

The controversial smart specs have raised questions about their impact on vulnerable people in busy places

Evening Standard · Sep 7

How Facebook’s News Feed introduced the age of the algorithm 20 years ago

It is two decades since Facebook introduced the News Feed – letting loose a world in which algorithms would shape ever more of our lives.

The Conversation · Sep 7

China's Temu may have spent as much as $962 millionon Meta ads in the UK and Europe, with 73 of its top 100 creators likely fake

Temu may have spent nearly one billion dollars on Meta ads promoting products. Research suggests many boosted accounts likely do not represent real influencers. These accounts, often based in Russia and China, promoted Temu products extensively. This practice raises legal questions regarding misleading commercial practices in Europe. The findings also…

The Economic Times · Sep 7

ETMarkets Management Talk | AI and data centres are powering CleanMax's next growth engine; 42% of portfolio now comes from the segment, says Kuldeep Jain

In an interaction with Kshitij Anand of ETMarkets, Kuldeep Jain, Founder and Managing Director of CleanMax, says the rapid expansion of hyperscalers and data centres is fundamentally changing the scale and nature of renewable energy demand.

The Economic Times · Sep 7

3 Stocks With September Catalysts Investors Shouldn’t Ignore

GameStop, Apple, and Meta face key September catalysts: an earnings report, a product event, and a developer showcase that will test each company's strategy and stock narrative.

MarketBeat · Sep 6