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The Latest Breaking News from Meta

Family of teen sues Meta for $5bn saying Instagram’s features are ‘addictive’

Proposed class action lawsuit accuses app’s parent company Meta of intentionally using compulsive design to keep children scrolling and liking

The Independent UK

Startup completes first fully robotic dental surgery

Perceptive has $30m in funding, including from dentist Ed Zuckerberg, father of Meta CEO Mark Zuckerberg

The Independent UK

Big Tech Stocks Experience Significant Declines In Market

Tech giants like Nvidia, Alphabet, Tesla, Meta Platforms, Amazon, Microsoft, and Apple face share price declines amid broader market concerns.

Top News

From analysis to the latest developments in health,
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Nvidia challenger Groq just raised $640 million for its AI chips. Its college dropout CEO says a viral moment was 'a game changer'

The startup, now worth $2.8 billion, develops chips that specialize in speeding up AI "inference" and offers the compute power through its own AI cloud service.

Fortune

A decade after buying Oculus VR, Meta's Reality Labs' losses are spiralling out of control, with no end in sight

$10 billion loss in 2020, $16 billion loss in 2023—and it's only going to get worse, says Meta.

PC Gamer

Turkish President Slams Social Media 'Fascism' Amid Instagram Battle

Turkish President Recep Tayyip Erdogan accused social media networks of "fascism" and censorship on Monday as his government blocked Instagram for a fourth day.

International Business Times

Meta looks to bring a much-desired ChatGPT feature to Meta AI

Meta AI is set to receive a celebrity-fronted audio overhaul if negotiations between the Facebook owners and Hollywood talents are successful. Here's who's involved.

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Meta’s SAM 2 lets you cut out and highlight anything in a video — here’s how to try it

Meta's new model could be a game-changer for AI-based video workflows. Here's how to try it now.

Tom’s Guide

Nvidia Blackwell GPUs allegedly delayed due to design flaws — launch expected to be pushed back by three months or more

Nvidia is reportedly pushing back the initial deliveries of the B100 and B200 AI Superchips by at least three months to address design flaws.

Tom’s Hardware

2 Top ETFs to Invest Like Warren Buffett

Warren Buffett's investment wisdom shines through in his recommendation of S&P 500 index funds, with the SPDR S&P 500 ETF Trust and the Vanguard S&P 500 ETF emerging as top choices for investors seeking to emulate his strategy of low-cost, passive investing in a diversified portfolio of large-cap U.S. stocks.

Barchart

Why have the big seven tech companies been hit by AI boom doubts?

Their shares have fallen 11.8% from last month’s peak but more AI breakthroughs may reassure investors

The Guardian - UK

ICYMI: the week's 7 biggest tech news stories from Meta AI clones to Amazon's major product recall

ICYMI here are the biggest tech news stories from Samsung, Meta, DJI and more for August 3, 2024.

TechRadar

AI bubble pops: Tech stocks plummet with another potential 25% drop, analysts warn

Though AI companies were once stock market darlings, investors are starting to lose patience.

Fortune

Amazon Stock 2025 Forecast: Why It Makes Sense to Buy the Dip in AMZN

Amazon stock is falling today after missing Q2 revenue estimates. However, the company's long-term outlook is still bullish, and it might make sense to buy the dip in AMZN stock.

Barchart

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Fortune

Trump urges supporters to ‘GO AFTER’ Google and Meta, escalating tech tensions

As election season intensifies, tech figures are dividing into Democratic and Republican camps.

Evening Standard

What's going on with Mark Zuckerberg's glow-up?

Mum, can you come and pick me up? They’re calling Mark Zuckerberg hot on social media again.

Mixed reality is a game-changer for the NHS – how Meta Quest 3 training could help save lives

We speak to celebrity doctor Alex George about the use of MR headsets in healthcare training and beyond.

Fortune

Tech CEOs are backtracking on their RTO mandates—now, just 3% of firms asking workers to go into the office full-time

Tech CEOs have spent the last two years forcing workers back into the office—but now, research shows they've given up in the tug-of-war battle on working from home.

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news in one place.

100's of premium titles.
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International Business Times

AI And Cloud In Spotlight As Big Tech Earnings Roll Out

US tech giants saw their shares fluctuate this week as investors tried to gauge whether artificial intelligence will fill coffers or drain them. Apple and Amazon on Thursday were the latest titans to see quarterly earnings scrutinized over how their core businesses are doing and whether cloud and AI strategies…

International Business Times

Turkey Blocks Access To Instagram

Turkey on Friday blocked access to the Instagram social media network, the national communications authority said without explanation, following censorship accusations against the US company by a high-ranking Turkish official.

Tom’s Guide

3 disturbing things happened this week in AI — and you need to pay attention

From the awful Gemini ad to a wearable Friend, AI is taking a bad turn. And it's not because of the technology but because of dumb decisions by humans.

Top News

Instagram Bug Deletes Stories Permanently, Meta Unable To Restore

Instagram users faced a bug causing permanent deletion of Stories archives. Learn about the impact and importance of backing up media content.

International Business Times

Amazon Quarterly Profit Doubles As Cloud Business Grows

Amazon reported Thursday its profit in the recently ended quarter doubled to $13.5 billion with the help of renewed momentum of its AWS cloud computing business.

Barchart

Stocks Retreat on Weak US Economic News

The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -1.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -1.21% and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -2.44%. US stocks on Thursday gave up an early advance and sold off sharply, with...

The Conversation

Meta just launched the largest ‘open’ AI model in history. Here’s why it matters

In the world of artificial intelligence (AI), a battle is underway. On one side are companies that believe in keeping the datasets and algorithms behind their advanced software private and confidential. On the other are companies that believe in allowing the public to see what’s under the hood of their…

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