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The Latest Breaking News from Meta

‘Big Tech is desperate’: Amazon engineers are calling out the tech giant for its $200 billion in data center spending after slashing 30,000 workers

A group of Amazon employees spoke out against unfettered AI infrastructure expansion at a Seattle Land Use and Sustainability Committee hearing this week.

Fortune

Tech companies invoke possibility of Trump’s wrath in fight against Labor’s media laws

Tech giants claim Australia’s free trade agreement with US will be violated as they try to kill a proposal to force them to pay news companies

The Guardian - AU

Thai watchdog to sue Meta over Facebook scam ads targeting users

In previous cases, the company has said it invests in measures to detect and remove scam content and works with regulators and law enforcement to combat misuse of its platforms.

The Economic Times

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Meta AI chief sees opportunity in models’ giving health advice

The 29-year-old founder of data-labeling startup Scale AI joined Meta after Chief Executive Officer Mark Zuckerberg overhauled his company’s AI efforts, including through a $14 billion investment in Scale that was widely viewed as a bid to recruit Wang.

The Economic Times

Snowflake Stock Jumps Over 40% on Strong Earnings and Amazon Deal. Its AI Strategy Is at an Inflection Point.

Snowflake delivered a blockbuster quarter, and SNOW stock is rallying higher. Here's why this data cloud giant is becoming one of the most compelling AI plays in the market right now.

Barchart

Shocking Math: How Nvidia Generates $1 Million of Revenue Every 129 Seconds

There's an insane claim doing the rounds on social media that Nvidia now earns $1 million every 129 seconds. If you really examine the numbers, it looks like that might actually be a conservative estimate.

Barchart

How Dell’s Hardware Boom Will Resurrect Meta Platforms Stock

Dell’s record earnings prove that the corporate AI hardware buildout is finally in full swing. As new localized data centers plug in, they will inevitably need open-source "brains" to protect corporate data, making Meta's Llama the default and setting up META stock for a long-term breakout.

Barchart

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Meta AI's recent hack is a terrifying wake-up call for anyone who puts their trust in AI systems

AI is now so human it can fall victim to social engineering — and I wonder if we should ever trust AI enough to keep our information safe.

TechRadar

Meta killed its most popular workout app, but Supernatural is coming back, and this time Meta isn't in charge

Supernatural has been the biggest VR workout app since its 2020 launch, and its original founders are bringing it back from the dead after Meta's big betrayal.

Android Central

I’ve worn Ray-Ban Meta’s smart glasses for weeks – here’s my verdict

The latest Meta eyewear can record in 3K and has a much longer battery life

The Independent UK

Broadcom’s Q2 Results Brings Fails to Bring Optimism to AVGO Stock. Options Data Predicted It.

Broadcom reported a double beat in its latest quarterly results.

Barchart

As AI Semiconductor Revenue Swells, AVGO Stock is Destined to Trend Higher

Broadcom delivered Q2 earnings beat and provided an optimistic Q3 guidance.

Barchart

OpenAI's Sam Altman Says AI Costs Have Become a 'Huge Issue' For Companies

OpenAI CEO Sam Altman said AI spending has become a "huge issue" for companies.

International Business Times

Meta agrees to let employees take 30-minute breaks from ‘dystopian’ tracking software

IN FULL

The Independent UK

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TechRadar

'We have heard your concerns': Meta workers can request pauses in computer activity tracking, but only in temporary, half-hour increments

Workers can ask Meta to pause monitoring software, but only if they think the data on screen should be hidden.

Tom’s Hardware

US tech layoffs record single-highest month in two years, and more than any other sector — nearly 40,000 get the axe, AI the most cited reason for layoffs

U.S. tech companies announced 38,242 job cuts in May, more than any other sector and the industry's heaviest month of reductions in nearly two years.

MarketBeat

Gen Z Trends Make These 3 Stocks Worth Watching

Teen spending habits can reveal future winners. See why Tapestry, McDonald's, and Meta Platforms are attracting Gen Z and investor interest

International Business Times UK

Broadcom Stock Plunges 12% as $300 Billion Vaporised; Retail Traders Predict 'Powerful Recovery'

Broadcom's market cap dropped by £223 billion as investors reacted to its conservative AI revenue forecast. Despite the plunge, analysts remain optimistic about future growth and price targets.

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The Independent UK

Meta says employees can now pause controversial workplace tracking – but only for 30 minutes

Employees describe surveillance software as ‘very dystopian’

TechRadar

Meta's AI Business Agent is a small and medium businesses guru – and it is now available directly through WhatsApp

After around two years in testing, Meta's AI Business Agent is now rolling out across WhatsApp, Instagram DMs and more.

TechRadar

Meta, Starlink and Microsoft team up with the FBI to delete over 1.4 million accounts and seize millions in cryptocurrency related to huge scam networks targeting Americans

The FBI arrested 63 people in connection to the scam network, while Microsoft disabled 20,000 accounts.

The Economic Times

Voda Idea launches silent mobile verification for its subscribers using Meta platforms

Vodafone Idea has introduced silent mobile verification for its users on WhatsApp, Facebook, and Instagram. This technology allows for password-less digital experiences. It verifies mobile numbers in the background without manual steps. Vi users will benefit from faster onboarding and enhanced security. This move aims to improve trust in digital…

Bangkok Post

Thai consumers’ council to sue Facebook

The Thailand Consumers Council is preparing to file the country’s first-ever lawsuit against Facebook for failing to adequately protect people from fraudulent content on its platform.

Bangkok Post

Meta lashes Australia's bid to make tech giants pay for news

SYDNEY - Tech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws.

Bangkok Post

Authorities warn of World Cup ticket, merchandise scams

WASHINGTON (UNITED STATES) - Fraudsters are exploiting interest in the 2026 World Cup with a barrage of scams, as authorities and researchers caution against fake websites impersonating FIFA's official online presence to sell phantom tickets.

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Alex LeeThe Independent

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